NEW PRICE - MOTIVATED SELLER | POTENTIAL OUTSALE OF $8-$10 MILLION | Seller Financing and/or Extended Settlement Available Prime Residential Development Opportunity Across from the Newly-Built Park Morton Apartments! This expansive 6,740 SQF flat lot with an existing end-of-row rowhouse presents a rare chance to capitalize on RA-3 zoning, allowing moderate-density residential development. Key zoning highlights include an FAR of 3.0, lot occupancy of 75%, and a building height allowance of up to 60 feet. This property offers versatile options for developers, including townhouse or "2 over 2" condos , a traditional multifamily building, or even assisted and senior-living facilities. By-right development provides upwards of 25,520 total square feet (20,220 above grade + 5,055 below grade). Development above (9) units is subject to additional bonuses and covenants required by the IZ+ program overlay. Contact the listing agent for more detailed studies, including a massing study for a 24-unit apartment concept. Renderings and documentation are available for review but are for informational purposes only. Buyers are encouraged to perform their own due diligence with zoning attorneys, architects, and civil engineers.
Listed by Christopher S Burns
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License #SP98371993
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TTR Sotheby's International Realty
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2022517465
Last updated September 24, 2025
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Source: BrightMLS #DCDC2164372
Listing Facts
TypeSingle-family
NeighborhoodPark View
Bedrooms3
Bathrooms2
Days on Prevu374
Taxes$7,092/year
Size1,960 sqft
Price per sqft$842
Amenities
Parking
Location
Mortgage Calculator
Listing History
09/24/2025
Price Decreased
$1,649,999
09/11/2025
Price Decreased
$1,699,999
09/08/2025
Price Decreased
$1,764,900
04/17/2025
Price Decreased
$1,864,900
12/02/2024
Price Decreased
$1,999,995
11/14/2024
Price Decreased
$2,249,999
10/14/2024
Listed by TTR Sotheby's International Realty
$2,399,995
Property Details for 650 Morton Street NW
Exterior
Construction
New Construction: No
Year Built: 1909
Architectural Style: Federal
Construction Materials: Brick
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Size Acres: 0.15
Lot Size Source: Assessor
Lot Size Square Feet: 6,740
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $7,092.00
Tax Year: 2024
Interior
Features
Fireplace: No
Measurements
Living Area: 1,960
Living Area Source: Assessor
Rooms
Basement: Partially Finished
Has Basement: Yes
Bathrooms Full: 1
Bathrooms Half: 1
Bathrooms Total Integer: 2
Bedrooms Total: 3
Other
General
Senior Community: No
Location
Subdivision Name: PARK VIEW
Tax Lot: 34
Parking
Parking
Garage: No
Utilities
Equipment
Heating: Hot Water
Has Heating: Yes
Sewer: Public Septic
Water Source: Public
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