535 3rd Street Northeast

Washington, DC 20002

$919,000
Last Sold Price
Beds
1,560 Sq. Ft.
$589 / Sq. Ft.
1,560
Sq. Ft.
$589
per Sq. Ft.

Description

Unlock the potential of city living with this 3-unit rowhouse, perfectly situated in the heart of Washington DC, just 2 blocks from Union Station. This unique property offers two 1-bedroom units and one studio unit, all fully vacant and ready for your vision. Whether you're an enterprising first-time homebuyer or an investor, this home presents a rare opportunity to create a profitable, cash-flowing asset.
Live in one unit and legally operate short-term rentals in the other two, maximizing your income
...Unlock the potential of city living with this 3-unit rowhouse, perfectly situated in the heart of Washington DC, just 2 blocks from Union Station. This unique property offers two 1-bedroom units and one studio unit, all fully vacant and ready for your vision. Whether you're an enterprising first-time homebuyer or an investor, this home presents a rare opportunity to create a profitable, cash-flowing asset.

Live in one unit and legally operate short-term rentals in the other two, maximizing your income through platforms like Airbnb or VRBO. This prime location—just 7 blocks from the US Capitol and 4 blocks from the Hart Senate Office Building—makes it a magnet for short-term renters seeking the convenience of a walkable neighborhood filled with fantastic restaurants, grocery stores, and cafes. Imagine your tenants enjoying their morning coffee at the charming Union Kitchen bodega, right across the street.

With tree-lined streets and a vibrant community, this rowhouse is livable as-is but offers tremendous potential for updates to significantly increase rental income. A lovely deck in the back adds to the appeal, providing a perfect spot for relaxation or entertaining.

This property also qualifies for renovation financing with as little as 3.5% down, making it even more accessible. Don’t miss out on this rare opportunity to own a piece of DC’s thriving rental market and secure your financial future.

Listing Agent

  1. Avery Boyce

    Avery Boyce

    Listing Agent

    Compass

    avery@compass.com

    P: (202)-422-3081

Property Details for 535 3rd Street Northeast

Tax ID Number
0779//0092
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Traditional
Waterfront
No
Garage
No
Expected On Market Date
09-04-2024
Subdivision
OLD CITY #1
LISTING UPDATED: 10/19/2024 12:04 AM

Property Details for 535 3rd Street Northeast

StatusClosed
MLS #DCDC2154202
Days on Market12
Taxes$7,740 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1910
Lot Size0.02 AC / 825 SF
CountyDistrict of Columbia
Buyer's Agent Compensation2.5%

Building Information for 535 3rd Street Northeast

Stories-Residences3Year Built1910Building Size-Lot Size0.02 AC / 825 SF

Property Information for 535 3rd Street Northeast

Location
Location
  • In City Limits: Yes
  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District County ID: 121140357950
  • SchoolDistrictSource: Listing Agent
  • Elementary School: LUDLOW-TAYLOR (WASHINGTON DC)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: STUART-HOBSON (WASHINGTON DC)
  • MiddleSchoolSource: Listing Agent
  • High School: EASTERN (WASHINGTON DC)
  • HighSchoolSource: Listing Agent
  • County: WASHINGTON
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2023
  • Tax Assessed Value: $910,610
  • Year Assessed: 2023
  • County Tax: $0
  • Improvement Assessed Value: $377,310
  • City Town Tax: $7,740
  • Land Assessed Value: $533,300
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Historic: Yes
  • Zoning: R4
  • Tax Lot: 92
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 1
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 0
  • Number Of Units Vacant: 3
Building Info
Building Info
  • Building Level Count: 3
  • Building Units Total: 3
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Soil Types: Urban Land-Sassafras-Chillum
  • Location Type: Urban
  • Parcel ID: 15986397
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Interior Features: Wood Floors
  • Fireplace: No
Exterior Features
Exterior Features
  • Outdoor Living Structures: Deck(s)
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Electric
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Capital Area Association of REALTORS
  • List Agent URL: www.cityandsky.com

Property History for 535 3rd Street Northeast

DateEvent & SourcePriceAppreciation
DateEvent & SourcePrice

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 535 3rd Street Northeast

Taxable ValueLand$549,840Additions$380,570Total$930,410
Tax Record2024$46,520 ($3,877 / month)
Home Facts
Baths3Total Finished SqFt1,560 SqFtAbove Grade Finished SqFt1,560 SqFtStories2Lot Size825 SqFtStyleMulti-Family Dwelling (2-4)Year Built1910Year Renovated1955ZoningRF-1/CAPCountyDISTRICT OF COLUMBIAAPN0779 0092

Schools near 535 3rd Street Northeast

This home is within District Of Columbia Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 8
Rating
School
Distance
Ludlow-Taylor Elementary School
PublicPK to 5

Stuart-Hobson Middle School
Public6 to 8

Eastern High School
Public9 to 12

Capitol Hill Montessori @ Logan
PublicPK to 8

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Similar Homes

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Similar Sold Homes

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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

© 2025 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 10/19/2024 12:04 AM