1 month on rocket

2920 8th St NE, Washington, DC, 20017

$1,000,000

Home List Price

$10,000*

Closing Credit

0 Baths
3,152 SqFt
$317/SqFt
Multi
Schools Nearby

Location

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2920 8th St NE, Washington$1,000,000

Buyer Closing Credits

$10,000*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOn Street, Alley
Year Built1941
HeatingHot Water
CoolingNone
MLS #DCDC2133962
Lot Size0.09 Acres
StatusActive
(ACTIVE)

About 2920 8th St NE

NEW AND IMPROVED PRICE!!!What an exciting opportunity for investors in the vibrant Brookland community! Condo Conversion Potential: With enough space to expand upwards and create parking, this property offers investors the possibility of a lucrative condo conversion project. This could add significant value to the property and attract buyers looking for individual units in the popular Brookland area. Owner-Occupied Tenants: Having owner-occupied tenants living in one unit while renting out the other three provides stability and potential income streams for investors. This mixed-use of the property maximizes its earning potential while also ensuring some level of oversight and care for the units. The property's location in the Brookland community offers residents access to a variety of amenities and attractions. From the 8th St. Arts Walk and Dance Place to popular spots like Brookland Pint and the Metropolitan Branch Trail, there's plenty to explore and enjoy nearby. Additionally, being close to Catholic University and Brookland Metro makes commuting and accessing educational institutions convenient. Bike-Friendly Environment: The presence of bike-friendly streets in the area adds to the appeal for residents who prefer alternative modes of transportation. This aligns with the community's focus on sustainability and active living. Overall, this property presents an excellent investment opportunity in a desirable and growing neighborhood. With its potential for condo conversion, mixed-use tenancy, and proximity to amenities and transportation, it's sure to attract investors looking to capitalize on the dynamic Brookland market.

Property Details

Property Features

Property Information:

  • Architectural Style: Other
  • Year Built: 1941
  • Living Area: 3,152 SqFt

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (202) 526-7141
  • Listing Agent: Tanya L Slade

Interior Features

Interior Information:

  • Appliances: Refrigerator, Stove
  • Basement: No
  • Flooring Type: Ceramic Tile, Hardwood, Laminated
  • Interior: Floor Plan - Traditional

Exterior Features

Parking Information:

  • Parking: On Street, Alley

Lot Features

Lot Information:

  • Lot: Corner Lot, Back Yard
  • Lot Size: 0.09 Acres

Utilities

Utilities Information:

  • Heating: Hot Water
  • Cooling: None

School Info

Assigned Schools Information:

  • Dunbar High School, Public District Grades 9-12
  • Noyes Education Campus, Public District Grades EE-5

Other

Directions Information:

  • Directions: Michigan Ave to 8th

Price Information

Listing Price Info

Price Summary:

  • List Price: $1,000,000
  • Price Per SqFt: $317/SqFt

Tax Information:

  • Annual Amount: $5,825
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Washington, DC.

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Washington, DC

City

Med. Sold Price

$658.4K

Med. Price/SqFt

$507

Avg. Days On Market

31

# of Sold Homes

401

2920 8th St NE vs Washington

39 DAYS ON ROCKET

+8 Days

$1,000,000

+$341.5K More

$317/SqFt

-$190 Less

KEY TAKEAWAY

This property is $341.5K more than the Median Sold Price and $190/SqFt less than other homes in Washington, DC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DCDC2133962

Listing Office:

  • Office Name: Long & Foster Real Estate, Inc.
  • Office Phone: (202) 526-7141
  • Listing Agent: Tanya L Slade

IDX Information Deemed Reliable But Not Guaranteed. 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 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 sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2024 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 6/3/2024, 12:56:43 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Tax History

YEARPROP. TAXASSESSMENT
2020$5,825$685,300
2019$5,752$676,740
2018$5,390$634,110
2017$5,061$595,430

History based on county public records data.

Payment Calculator

$5,058

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$3,065

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Elementary School

school-card-donut-7789092
3
/10

  • Noyes Education Campus

  • 2725 10th St NE

  • 0.24 miles

  • Public District Grades EE-5

High School

school-card-donut-7789093
4
/10

  • Dunbar High School

  • 101 North St Nw

  • 1.27 miles

  • Public District Grades 9-12

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $48,466. Most Washington, DC residents have annual incomes between $35k-100k. Most families are single, no kids. Typical level of education for residents in this area is post secondary degree.

All data provided by Home Junction and Claritas

Rocket Homes›District of Columbia›Washington›20017›2920 8th St NE

This home is located at 2920 8th St NE in Washington, DC and zip code 20017 in the Edgewood neighborhood. This 3,152 square foot home, which was built in 1941, sits on a 0.09 acre lot. It has been listed on Rocket Homes since April 25, 2024 and is currently priced at $1,000,000.

In May 2024 more than 137 listings in Washington, DC were sold above the asking price. During the same period more than 92 listings were sold at asking price, while more than 172 were sold below. In May 2024 in Washington, DC there were 19.6% more homes for sale than in April 2024. Listings spent 31 days on the market in May 2024, and had a median list price of $658,454 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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