High-ROI Condo Conversion with Approved Plans – Ready to Build! Maximize your investment with this undeveloped property offering fully approved architectural plans to construct a 4-unit luxury condominium building, each featuring 2 spacious bedrooms and 2 designer baths. Designed for modern appeal and long-term value, this shovel-ready project is ideal for resale or rental income. The planned rear parking lot adds buyer convenience, boosting marketability and pricing power. Whether you're flipping for profit or building a high-end condo portfolio, this is a strategic opportunity in a location primed for appreciation—close to amenities, transit, and a growing buyer demand. Sample interior renderings are from a completed project listing at 404 Newcomb which showcases the envisioned elegance of this upcoming 4-unit condo conversion. Based on approved architectural floorplans, these conceptual images reflect the intended scale, flow, and finish palette for each residence. Final buildout will align with existing permits and deliver thoughtfully designed spaces that blend functionality with modern appeal.
Coming soon
$699,995
408 Newcomb St SE, Washington, DC 20032
12beds
--baths
2,508sqft
Est.:
Quadruplex
Built in 1941
-- sqft lot
$-- Zestimate®
$279/sqft
$-- HOA
What's special
- 15 days
- on Zillow |
- 158 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: July 21, 2025 at 12:14pm
Listed by:
Karen Wright 301-802-3904,
Epique Realty
Source: Bright MLS,MLS#: DCDC2211840

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
Basement
- Area: 0
Heating
- Hot Water, Other
Cooling
- None
Appliances
- Included: Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 2,508
- Total interior livable area: 2,508 sqft
Property
Parking
- Parking features: Parking Lot, Off Street
Accessibility
- Accessibility features: Other
Features
- Pool features: None
Lot
- Size: 4,000 Square Feet
- Features: Unknown Soil Type
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 5996//0047
- Zoning: RESIDENTIAL
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other,Traditional
- Property subtype: Quadruplex
Materials
- Brick
Condition
- New construction: No
- Year built: 1941
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Washington
Financial & listing details
- Price per square foot: $279/sqft
- Tax assessed value: $441,940
- Annual tax amount: $12,496
- Date on market: 8/20/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,FHA 203(b),Other
- Ownership: Fee Simple
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