MLS: #DCDC2240840, Listed By: Nefretiti Makenta, Bennett Realty Solutions, Source:Bright MLS
507 Oakwood Street
WASHINGTON, DC 20032
3
Bed
2
Bath
1,744Sqft
0.06Acre(Lot)
THIS IS A WONDERFUL FIXER-UPPER "BUY AND HOLD" INVESTMENT (*OPPORTUNITY ZONE*, see below) OR OWNER OCCUPANT PROPERTY ON A LOVELY TREE-LINED, HOMEOWNER BLOCK. PLEASE NOTE, PER DC, AS LONG AS THE NEW (BUY AND HOLD) BUYER IS NOT UNDER DC RENT CONTROL AT THE TIME OF PURCHASE, INVESTOR BUYER CAN INCREASE RENT UP TO MARKET RENT IMMEDIATELY UPON PURCHASE. Market Rent upon renovation is approximately $2400-$3000 for conventional tenant. Tenant is on a month-to-month lease. Property has 1 conventional tenant paying $1,800 per month, plus all utilities (gas, water and electric). GREAT rent payment history. Property Being Sold Strictly As-Is. TWO (2) LARGE BEDROOMS ON THE TOP FLOOR; ONE (1) DECENT-SIZED BEDROOM IN BASEMENT. BASED ON THE CURRENT CONFIGURATION AND WITH >1900SF OF INTERIOR SPACE. BUYE
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 3Bathroom Information
Total Baths: 2 Full Baths: 2Room Information
Has Basement: Yes Basement: Walk-Out Access, Unfinished, Daylight, Full -
Interior Features
Appliances: Gas Water Heater, Washer, Dryer Laundry Features: Laundry Room, Lower Level -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Radiant Has Cooling: Yes Cooling: Central Air, Window Unit(s)
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Building Information
Year Built: 1941 Building Area Total: 1926 Construction Materials: Brick Patio And Porch Features: Porch, Deck Pool Features: None Private Pool: No -
Exterior Features
Exterior Features: Awning(s)
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Lot Information
Lot Size Acres: 0.06 Lot Size Source: Estimated Lot Size Square Feet: 2475 Lot Description: Front Yard, Back YardProperty Information
Subdivision: CONGRESS HEIGHTS Source Property Type: Residential Postal Code Plus 4: 2502 Property SubType: Townhouse Levels: Three Or More Property Age: 85
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Listing Price Information
Listing Price: $250000
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Tax Information
Parcel Number: 6001//0029 Tax Lot: 29 Tax Year: 2023 Annual Tax: $2627.7
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Parking Information
On Street, Paved
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Utility Information
Natural Gas Available, Sewer Available, Electricity Available -
Location Information
Direction: From 295, Take the Malcom X Avenue Exit, Turn left. Property is on the left. PROPERTY IS OFF OF MALCOLM X AVENUE, CONVENIENTLY LOCATED LESS THAN A MILE FROM THE MULTI-MILLION DOLLAR ST ELIZABETH'S REDEVELOPMENT; JUST BLOCKS FROM THE NEW MULTIMILLION DOLLAR HOMELAND SECURITY BUILDING; AND JUST A FEW BLOCKS FROM BOLLING AIR FORCE BASE (JBAB), NEAR I-295 AND A NEW BIKE TRAIL. WaterSource: Public Security Features: Window Bars
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 1207 Trenton Place, Washington, DC, 20032 | $511,500 | 4 | 5 | 2,379 | 0.03 Acre |
| 1229 Savannah Place, Washington, , 20032 | $399,500 | 3 | 2 | 2,079 | 0.05 Acre |
| 3219 12th Street, Washington, , 20032 | $295,000 | 2 | 3 | 1,308 | 0.07 Acre |
| 800 Xenia Street, Washington, DC, 20032 | $285,000 | 3 | 2 | 1,642 | 0.13 Acre |
| 700 Chesapeake Street, Washington, DC, 20032 | $465,000 | 4 | 3 | 1,543 | 0.06 Acre |
| 4616 6th Street, Washington, DC, 20032 | $449,500 | 4 | 3 | 1,550 | 0.06 Acre |
| 3319 6th Street, Washington, DC, 20032 | $425,000 | 4 | 3 | 1,793 | 0.09 Acre |
| 4757 South Capitol Terr.., Washington, DC, 20032 | $325,000 | 4 | 2 | 1,992 | 0.11 Acre |
| 79 Elmira Street, Washington, DC, 20032 | $432,900 | 3 | 3 | 992 | 0.07 Acre |
| 4250 Martin Luther King.., Washington, DC, 20032 | $379,900 | 2 | 3 | 1,412 | -- |
Similar Townhouse To 507 Oakwood Street
Nearby For Sale
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.
ByOwner last updated this listing 10/08/2026 @ 02:50
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