Investor Special in Petworth! This 4-unit building offers incredible potential for development or continued rental income. Located in the thriving Petworth neighborhood, this property is a fantastic opportunity for savvy investors looking to expand their portfolio. With one unit currently leased and three vacant, the options are limitless. Whether you choose to renovate, redevelop, or lease the remaining units, this property promises strong returns in a high-demand area. Don’t miss out on this chance to capitalize on the booming Petworth market!
Sold for $949,900 on 12/30/24
$949,900
4937 1st St NW, Washington, DC 20011
6beds
--baths
2,886sqft
Townhouse
Built in 1936
-- sqft lot
$-- Zestimate®
$329/sqft
$6,846 Estimated rent
Home value
Not available
Estimated sales range
Not available
$6,846/mo
Zestimate® history
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Owner options
Explore your selling options
What's special
Zillow last checked: 8 hours ago
Listing updated: January 02, 2025 at 02:23am
Listed by:
Christina La Vigna 631-365-5862,
Halcyon Realty Group LLC
Bought with:
Randy Louis, SP98378061
Bennett Realty Solutions
Source: Bright MLS,MLS#: DCDC2157444
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Basement
- Area: 0
Heating
- Forced Air, Electric
Cooling
- None, Electric
Appliances
- Included: Electric Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,886
- Total interior livable area: 2,886 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 4,488 sqft
- Features: Urban Land-Sassafras-Chillum
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 3401//0010
- Zoning: RA-1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other,Traditional
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Slab
Condition
- New construction: No
- Year built: 1936
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Location
- Region: Washington
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 12/30/2024 | Sold | $949,900$329/sqft |
Source:  Bright MLS #DCDC2157444 | ||
| 9/19/2024 | Contingent | $949,900$329/sqft |
Source: Bright MLS #DCDC2157444 | ||
| 9/5/2024 | Listed for sale | $949,900+126.3%$329/sqft |
Source: Bright MLS #DCDC2157444 | ||
| 7/13/2023 | Sold | $419,725-60%$145/sqft |
Source: Public Record | ||
| 8/16/2021 | Sold | $1,050,000+7.1%$364/sqft |
Source: Bright MLS #DCDC526344 | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $7,404 -8.7% | $960,960 +0.7% |
| 2024 | $8,113 +2.2% | $954,470 +2.2% |
| 2023 | $7,939 +11.3% | $934,000 +11.3% |
Find assessor info on the county website
Neighborhood: Petworth
Nearby schools
GreatSchools rating
- 8/10Barnard Elementary SchoolGrades: PK-5Distance: 0.4 mi
- 6/10MacFarland Middle SchoolGrades: 6-8Distance: 1 mi
- 4/10Roosevelt High School @ MacFarlandGrades: 9-12Distance: 1 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.
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