This property will be sold at ONLINE AUCTION. LIST PRICE REPRESENTS OPENING BID. This townhome is a standout investment play with serious ROI potential. With $130K–$150K in estimated renovation costs, you’re stepping into a project that leads straight to $800K renovated comps. And with homes in similar current condition already selling for $500K+, the upside here is clear and measurable. The home is ready to tour, and all liens will be cleared at closing, giving you a smooth runway to bring your plan to life. All of this sits in Petworth, one of DC’s most beloved and consistently sought-after neighborhoods — known for its tree-lined blocks, vibrant local shops, and strong buyer demand. It’s a community where renovated homes shine and values hold strong. A smart investment in a neighborhood that rewards good vision. Bidding will open at 12 Noon on Wednesday, December 3, 2025 and close at 1:00 PM on Friday, December 5, 2025. Additional Auction Terms: 10% buyer's premium will be added to the winning bid. Buyer's Agent must be registered as an agent on Homesale.plus prior to the time buyer places 1st bid. Property is sold AS-IS, no inspection contingency. No financing contingency. Buyer pays all transfer & recordation taxes and all standard Title / Settlement charges. 10% Earnest Money Deposit due at contract execution.
Auction
Est. $295,000
4924 7th St NW, Washington, DC 20011
3beds
1,044sqft
Townhouse
Built in 1925
1,350 Square Feet Lot
$474,200 Zestimate®
$283/sqft
$-- HOA
What's special
Tree-lined blocks
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