1507 17TH STREET SE
Washington, DC 20020
Price Upon Request
1507 17TH ST SE: 4-UNIT VALUE-ADD ASSET (1 VACANT / 3 OCCUPIED). Solid brick 4-unit building offered at an accessible price point, presenting a direct repositioning opportunity for an owner-occupant or value-add investor. The building layout features one (1) vacant unit ready for immediate occupancy or market lease-up, alongside three (3) occupied units with scheduled rents of $1,000, $1,100, and $1,400 per month.
The property is in need of cosmetic and capital improvements, making it an ideal candidate for FHA 203(k) renovation financing, Fannie Mae HomeStyle, or private construction loans to renovate, stabilize, and build forced equity over time. The pricing is positioned attractively relative to nearby block sales, including the recent closing of 1523 17th St SE in similar condition for $485,000.
TERMS & FIDUCIARY STATUS:
The seller is an appointed trustee and is exempt from standard D.C. property disclosure statement requirements. Sold strictly AS-IS, WHERE-IS, with all faults. Buyer and buyer's broker are solely responsible for performing all independent due diligence regarding existing lease agreements, tenant payment history, regulatory status, Certificate of Occupancy, Basic Business License compliance, and overall structural/mechanical condition.
Listing Courtesy of: Real Broker, LLC
202-601-0160
| Listing Id: | DCDC2287336 |
|---|---|
| Property Type: | Multi-Family |
| Property Sub Type: | Quadruplex |
| Status: | Active |
| Living Area: | 3,296 |
| Tax Annual Amount: | $6,158 |
| Lot Size Square Feet: | 2,618.0 |
| Lot Size Acres: | 0.06 |
| Architectural Style: | A-Frame |
| Waterfront?: | No |
| City: | Washington |
| Counties Or Regions: | Washington |
| Postal Code: | 20020 |
| Year Built: | 1941 |
| Number Of Units Total: | 4 |
| Listing Agreement: | Exclusive Right |
| Frequency: | Annually |
| One Bedroom Units: | 4 |
| Financing Types: | Cash, Bank Portfolio, Exchange, Conventional, FHA 203(k), Private |
| Mls List Date: | 2026-10-22 |
| Expected On Market Date: | 2026-10-22 |
| State Or Province: | DC |
| Postal Code Plus4: | 5529 |
| Legal Subdivision: | Anacostia |
| Possession: | Immediate, Negotiable |
| Directions: | GPS |
| School District Key: | 121140357950 |
| Above Grade Finished Area: | 3,296 |
| Above Grade Finished Area Units: | Square Feet |
| Below Grade Finished Area Source: | Assessor |
| Below Grade Finished Area Units: | Square Feet |
| Cooling: | None |
| Construction Materials: | Brick |
| Foundation Details: | Other |
| Accessibility Features: | None |
| Heating: | Hot Water |
| Heating?: | Yes |
| Above Grade Finished Area Source: | Assessor |
| Living Area Source: | Assessor |
| Other Structures: | Above Grade, Below Grade |
| Year Built Source: | Assessor |
| Property Condition: | Below Average, Major Rehab Needed |
| Basement Yn: | No |
| Below Grade Unfinished Area Source: | Assessor |
| Below Grade Unfinished Area Units: | Square Feet |
| Cooling Fuel: | None |
| Heating Fuel: | Other |
| Hot Water: | Other |
| Other Units: | Unit 1, Unit 1, Unit 1, Unit 1 |
| Type: | Interior Row/Townhouse |
| Type Of Parking: | None |
| Source Of Measure Bg: | Assessor |
| Area Total: | 3,296 |
| Source Of Measure: | Assessor |
| Assessment Year: | 2026 |
| In City Limits Yn: | Yes |
| City Town Tax: | $6,158.00 |
| City Tax Frequency: | Annually |
| County Tax Frequency: | Annually |
| Tax Assessment Amount: | $733,280.00 |
| Tax Total Finished Sq Ft: | 3,296 |
| Tax Year: | 2026 |
| Zoning: | R-3 |
| Listing Tax: | 5570//0041 |
| Auto Update Tax Data Yn: | Yes |
| Ownership: | Fee Simple |
| Special Listing Conditions: | Standard |
| Lot Size Source: | Assessor |
| Lot Size Units: | Square Feet |
| Number Of Units Leased: | 3 |
| Pool Types: | No Pool |
| Soil Types: | Unknown |
| Sewer: | Public Sewer |
| Water Source: | Public |
| Number Of Units Month to Month: | 3 |
| Number Of Units Vacant: | 1 |
| School District NameSchool District: | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
| Short Sales: | No |
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Property Last Updated: October 27, 2026 02:02 AM - ET
