430 Condon Terrace SE Washington, DC 20032
Listing Courtesy of: BRIGHT IDX / Washington, Dc / Marc Cashin

  430 Condon Terrace SE Washington, DC 20032

Active (8 Days)
$875,000

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

MLS #:
DCDC2212500
Taxes
$2,634(2024)
Lot Size
3,440 SQFT
Type
Multifamily
Year Built
1950
Style
Contemporary
School District
District of Columbia Public Schools

Listed By

Marc Cashin, Washington, Dc
Source
BRIGHT IDX
Last checked Aug 1 2025 at 6:23 AM GMT+0000
Bathroom Details
Property Features
  • Above Grade
  • Below Grade
  • Foundation: Other
Heating and Cooling
  • 90% Forced Air
  • None
Exterior Features
  • Brick
Utility Information
  • Sewer: Public Sewer
  • Fuel: Natural Gas
Living Area
  • 3,155 sqft
Location
   
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Disclaimer: Copyright 2025 Bright MLS IDX. All rights reserved. This information is deemed reliable, but not guaranteed. The information being provided is for consumers’ 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 7/31/25 23:23