USADCWashingtonCongress Heights507 Oakwood St Se
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$235,000

For Sale

3 months ago

507 Oakwood St Se, Washington, DC

House

MLS® DCDC2240840

3 Bed

2 Bath

1744 sqft

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  • Key Facts
  • Description
  • Rooms
  • Map

Key Facts

Type 
Levels Residential
Size 1744 sqft
Garage 
Taxes $2,628
Days Active 101
Lot Size 
Approx. Age 1941
Avg. Price Per Sqft $134
MLS® Number DCDC2240840

Property Address: 507 Oakwood St Se, WASHINGTON, DC, 20032-2502

Average square foot calculated using Size range provided by listing agent.

Description

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. 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. BUYER CAN EASILY ADD ADDITIONAL BEDROOMS AND A 1/2 BATH ON THE MAIN FLOOR, WHICH INCLUDES A BEAUTIFUL WOOD-BURNING FIREPLACE. PROPERTY ALREADY HAS A GOOD BASEMENT CEILING HEIGHT, APPROXIMATELY 7-FEET, NO NEED TO DIG DOWN FOR ADDED VALUE. ARV $425K, EST. (THE CONNECTED PROPERTY NEXT DOOR, SAME SF SOLD FOR $495K a few years ago) PROPERTY HAS GREAT POTENTIAL, BUT NEEDS WORK. DATED BATHROOMS AND KITCHEN. GREAT BONES. Property Being Sold Strictly As-Is. Reasonably Motivated Seller. INVESTOR ALERT. INVESTOR SPECIAL. Buying and investing in a property in an *OPPORTUNITY ZONE can provide a great opportunity for capital gains tax deferral, reduction and abatement, ETC., possibly even better than the 1031 Exchange, they say... TOPA Process Completed. Market rent, $2200. Property has 1 conventional tenant paying $1, 800 per month, plus all utilities (gas, water and electric). GREAT rent payment history. Tenant is on a month-to-month lease. PHOTOS SHOW BEFORE TENANT MOVE-IN years ago (before 2018) AND RECENT CONDITION. Seller prefers KVS Title, which is very far along in the title clearance process and is offering a $250 closing credit to Buyer. BUYER FULLY RESPONSIBLE FOR THEIR OWN DUE DILIGENCE. #thisgemcouldbeyours!!!
MLS® NumberDCDC2240840
Laundry LevelLower
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1941
BasementUnfinished, Connecting Stairway, Daylight, Full, Windows, Walkout Level, Walkout Stairs, Rear Entrance
DrivewayPaved Parking, Public, On Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Rooms

Change to metres

Bedroom 1:Not available
Bedroom 2:Not available
Utility Room:Not available
Other:Not available
Dining Room:Not available
Living Room:Not available
Bathroom 2:Not available
Bathroom 1:Not available
Laundry:Not available
Den:Not available
Bedroom 3:Not available
Kitchen:Not available

Price History

-End Date
Not Sold YetSold Price

For Sale

Jan 13, 2026List Date
$235,000List Price

Home Appraisal

This property is estimated to sell between: $235,000 and $507,000.
Similar properties in this area sold on average for: $416,166
Expected to sell in 55 days. Similar properties sold in 156 days. This home has been on eXp Realty for 101 days.

The estimated sale price does not take into account many variables such as recent renovations, type of appliances, school district etc. To get a more accurate estimate please contact agent.

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Starting Address
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507 Oakwood St Se, Washington, DC

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