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$765,000
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Property Description
Turn the key on a fully-revitalized five-residence building that sits just uphill from the momentum of Congress Heights. Taken down to the studs between 2019 and 2020, more than $450,000 was invested to deliver five legal 3-bed/1-bath apartments, each with its own washer-dryer, central HVAC, stainless appliances, new windows, recessed lighting and fresh flooring. A new TPO roof, all-new framing, plumbing, electrical, insulation (even the crawl space), exterior railings, fencing and a concrete basement slab complete a head-to-toe rebuild designed for decades of low-maintenance ownership. The location is pure growth story: a five-minute stroll to the Green Line at Congress Heights Metro and the 4,200-seat Entertainment & Sports Arena, home of the Washington Mystics and practice hub for the Wizards. The building also stands within the 5-million-square-foot, $1 B+ St. Elizabeths East redevelopment, now adding retail villages, 400+ new residences and the $375 M Cedar Hill Regional Medical Center. At roughly 2,640 SF of rentable interior space, the property's efficient footprint promises strong cash flow while limiting operating expenses. Delivered 100 % vacant and free of TOPA complications, investors can launch leasing or a master-lease strategy on day one. Whether you're targeting stabilized workforce housing, co-living, subsidized housing opportunities, or a value-add exit, this turnkey asset offers scale, modern systems and a catalytic neighborhood, all at a price point rarely seen inside the District. C of O, Basic Business License, and building floor plan available upon request
Full Property Details
Full Property Details for 430 Condon Terrace SE
General
- Sold For: $765,000
- Taxes: $2,634 (2024)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSMidAtlantic
- MLS ID: DCDC2212500
- Added to Site: 224 day(s) ago
Parking
- Parking Type: On Street
Location
- County: Washington
- Driving Directions: use GPS
- City Limits: Yes
School Information
- School District: District Of Columbia Public Schools
Heating & Cooling
- Cooling Type: None
- Cooling Fuel: Electric
- Heating Type: 90% Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Contemporary
- Architectural Style: Contemporary
- Structure Type: End of Row/Townhouse
- Construction: Brick
- Foundation: Other
- Stories/Levels: 0
- Square Feet: 3,246
- Sq. Ft. Source: Assessor
- Living Area: 3,155 Sq. Ft.
- Year Built: 1950
- Year Built Source: Assessor
Unit Information
- Other Units: Unit 1, Unit 2
- 3 Bedroom Units: 5
Lot Features
- Lot Size (Acres): 0.08
- Lot Size (Sq. Ft.): 3,440
- Lot Size Source: Assessor
- Zoning: R-3
Financial Considerations
- Price Per Sq. Ft.: $319.7
- Assessment Year: 2024
- City/TownTax: $2,634
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $299,130
- Tax Amount: $2,634
- Tax Year: 2024
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 3155
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 817
Listed by Corcoran McEnearney, Marc Cashin
Sold by Keller Williams Capital Properties, Abel M Gebremichael
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Schools
Schools serving 430 Condon Terrace SE
School District:District of Columbia Public Schools
| Name | Grades | Distance |
|---|---|---|
Simon Elementary School 401 Mississippi Avenue Southeast, Washington, DC 20032 | K-5 | 0.3 mi |
Hart Middle School 601 Mississippi Avenue Southeast, Washington, DC 20032 | 6-8 | 0.4 mi |
Ballou High School 3401 4th Street Southeast, Washington, DC 20032 | 9-12 | 0.5 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 430 Condon Terrace SE
Date
Details
Price
Change
Source
11/07/2025
Sold
$765,000
-9.36%
MLS
9/17/2025
Price Reduced
$844,000
-3.54%
MLS
7/24/2025
Listed
$875,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
430 Condon Terrace SE, Washington, DC 20032 (MLS# DCDC2212500) is a Multi-Family property that was sold at $765,000 on November 07, 2025. Want to learn more about 430 Condon Terrace SE? Do you have questions about finding other Multi-Family real estate for sale in Washington? You can browse all Washington real estate or contact a Coldwell Banker agent to request more information.

