121 Raleigh Street SE presents a compelling value-add investment opportunity in one of Washington, DC’s most rapidly advancing neighborhoods. This 1931 American Foursquare offers 2,773 square feet of interior space, strong structural bones, and a flexible footprint—ideal for renovation, repositioning, or long-term hold strategies. The property includes 4 bedrooms, 1 full bath plus 2 half baths, formal living and dining rooms, kitchen with breakfast nook, study, attic, and a full basement with three additional storage rooms. Multiple entrances, a one-car enclosed garage, and additional porch storage support a range of configurations, including single-family enhancement or alternative layout concepts (buyer to verify zoning and use). Mechanical systems include gas radiator heat, electric water heater, ceiling fans, and individual A/C units. The home was previously wired for Verizon FiOS, and accessibility features (chair lift and walk-in spa tub) add optional appeal for aging-in-place or specialty housing concepts. A key differentiator is the included adjacent lot, providing rare outdoor space and future optionality within the District—whether for expanded use, enhanced outdoor amenities, or value preservation. The property’s elevated position offers long-range views and situates it near historically significant Battery Carroll, part of the Civil War–era defensive network that once protected the capital. The surrounding area continues to benefit from sustained public and private investment, including proximity to major District and federal government facilities on the historic St. Elizabeths campus—an anchor that supports long-term economic resilience. Nearby amenities include a world-class USTA tennis facility, sports and arts venues, a new medical center, farmers markets, and the arena home of the Washington Mystics. Transit connectivity is strong, with access to the Green Line Metro, multiple bus routes, I-295, and the Capital Beltway. Offered AS-IS at $550,000.00. An exceptional opportunity for investors seeking scale, land, and appreciation potential in a corridor positioned for continued growth.
Coming soon 12/29
$550,000
121 Raleigh St SE, Washington, DC 20032
4beds
2,773sqft
Est.:
Single Family Residence
Built in 1931
6,156 Square Feet Lot
$-- Zestimate®
$198/sqft
$-- HOA
What's special
- 11 hours |
- 59 |
- 5 |
Zillow last checked: 8 hours ago
Listing updated: 14 hours ago
Listed by:
Cynthia Marshall-McFarland 301-412-2440,
Berkshire Hathaway HomeServices PenFed Realty
Source: Bright MLS,MLS#: DCDC2235528
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 3
- Full bathrooms: 1
- 1/2 bathrooms: 2
- Main level bathrooms: 1
Rooms
- Room types: Bedroom 4, Bedroom 1, Bathroom 1, Bathroom 2, Bathroom 3, Full Bath
Bedroom 1
- Level: Main
Bedroom 4
- Level: Main
Bathroom 1
- Level: Main
Bathroom 2
- Level: Main
Bathroom 3
- Level: Main
Other
- Level: Main
Heating
- Hot Water, Electric
Cooling
- None
Appliances
- Included: Gas Water Heater
Features
- Attic, Butlers Pantry, Dining Area, Eat-in Kitchen, Other
- Basement: English,Finished,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 3,301
- Total interior livable area: 2,773 sqft
- Finished area above ground: 1,976
- Finished area below ground: 797
Property
Parking
- Total spaces: 2
- Parking features: Garage Faces Side, Attached, Driveway, Off Street, Parking Lot
- Attached garage spaces: 1
- Uncovered spaces: 1
Accessibility
- Accessibility features: Other Bath Mod, Stair Lift
Features
- Levels: Three
- Stories: 3
- Pool features: None
Lot
- Size: 6,156 Square Feet
- Features: Unknown Soil Type
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 6068//0045
- Zoning: RESIDENTIAL
- Special conditions: Standard,Probate Listing
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Concrete Perimeter, Other
Condition
- New construction: No
- Year built: 1931
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Congress Heights
HOA
- Has HOA: No
Location
- Region: Washington
Financial & listing details
- Price per square foot: $198/sqft
- Tax assessed value: $451,470
- Annual tax amount: $3,368
- Date on market: 12/29/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
Price history
| Date | Event | Price |
|---|---|---|
| 11/22/2025 | Listing removed | $599,999$216/sqft |
Source: | ||
| 8/31/2025 | Price change | $599,999-7.7%$216/sqft |
Source: | ||
| 7/22/2025 | Listed for sale | $650,000-13.3%$234/sqft |
Source: | ||
| 8/14/2024 | Listing removed | $750,000$270/sqft |
Source: | ||
| 9/29/2023 | Listed for sale | $750,000$270/sqft |
Source: | ||
Public tax history
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $22,286 +1920.3% | $445,720 +3.3% |
| 2024 | $1,103 +0.8% | $431,690 +3.7% |
| 2023 | $1,094 -0.1% | $416,390 +10.6% |
Find assessor info on the county website
BuyAbility℠ payment
Est. payment
$2,615/mo
Principal & interest
$2133
Property taxes
$289
Home insurance
$193
Climate risks
Neighborhood: Congress Heights
Nearby schools
GreatSchools rating
- 3/10Simon Elementary SchoolGrades: PK-5Distance: 0.5 mi
- 3/10Hart Middle SchoolGrades: 6-8Distance: 0.5 mi
- 2/10Ballou High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- District: District Of Columbia Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.





