1f511; Unique Washington, DC Development Opportunity: 2 Homes for 1 Price! 1f4cd; Address: 4839 Jay Street NE, Washington, DC 20019 1f3d8;fe0f; Includes: Existing Home + Two Additional Buildable Lots 1f4cf; Total Land Area: Approx. 11,524 sq ft (Combined) 1f3Xfe0f; Zoning: R-2 (Residential, Semi/Detached) 1f4a1; Ideal for: Developers & FHA 203(k)… Read More Homebuyers 1f440; At-A-Glance Don't miss this rare opportunity to own not just a home, but a future development site. For one bundled price, you get: 2705; A classic 3-bedroom, 2-bathroom detached home on two lots (0032 & 0033) 2705; Two adjacent vacant lots (0034 & 0801) zoned R-2 and ready for new construction 2705; A combined assemblage totaling over 11,500 sq ft of land 2705; Perfect for new builds, additions, guest homes, or long-term investments 2705; Located in sought-after Deanwood, one of DC's most promising growth zones 1f3e1; Existing Home - 4839 Jay Street NE Type: Detached, 2-story + Basement Bedrooms/Baths: 3 BR / 2 BA Living Area: 1,200-1,602 sq ft Lot Size: 4,762 sq ft Year Built: 1924 Features: Brick exterior, original hardwoods, hot water heating Condition: Livable and eligible for FHA 203(k) renovation financing With some updates and TLC, this home has fantastic value-add potential - perfect for a homebuyer looking to build equity or an investor seeking returns. 1f331; Vacant Lots - Jay Street NE (Lots 0034 & 0801) Zoning: R-2 (Low-Density Residential) Size: Combined approx. 6,762 sq ft Zoning Potential: Detached or Semi-Detached Homes Build Guidelines: Minimum Lot Area: 4,000 sq ft Max Height: 40 ft (3 stories) Max Lot Occupancy: 40% Setbacks: 20 ft rear, 8 ft side Developers can build new housing in a neighborhood that is already experiencing growth and revitalization. The site offers flexible configurations and excellent scale possibilities. 1f527; Development + Financing Scenarios For Developers: Build & Sell: Construct 1-2 new homes next to an income-producing unit Live & Build: Renovate the main house and develop additional lots in phases For FHA 203(k) Buyers: Finance Renovations: Use HUD's renovation program to upgrade the existing home Future Expansion: One loan can fund purchase and renovation, or even site work on adjacent lots 1f4cd; Location Highlights: Minutes to Minnesota Ave & Benning Road Metro Stations Easy commute to Capitol Hill or downtown DC Nearby amenities: Marvin Gaye Park, Deanwood Library, schools, & shopping Located on a quiet, residential block with upward neighborhood trends 1f510; One Property. Two Houses. Limitless Potential. Whether you're a developer seeking new build opportunities or a homebuyer ready to design your dream home with expansion potential, this property delivers uncommon flexibility and long-term upside. 2728; Two houses for the price of one. Renovate and build your future. 2728; 1f4de; Schedule a Tour or Strategy Consult Today! 1f4f1; Anthony R. Bolling, JD, CCIM 1f3e1; Associate Broker Keller Williams Preferred Properties Let's explore how your next home - or investment - starts right here on Jay Street NE. Read Less
Courtesy of Anthony Bolling, Keller Williams Preferred Properties [email protected]
Listing Snapshot
Days Online
4
Last Updated
Property Type
Single Family Residential
Beds
3
Full Baths
1
Partial Baths
1
Square Ft.
1,602
Lot Size
0.05 Acres
Year Built
1924
MLS Number
DCDC2217370
30 Days Snapshot Of 20019
$392k
+9%
(avg) sold price
16
-44%
homes sold
66
+43%
(avg) days on market
Snapshot
Area Map
Additional Details
Basement
Connecting Stairway, Unfinished
Building
1,602 sqft living area, 1,200 sqft above grade (finished), 402 sqft below grade (finished), 222 sqft below grade (unfinished), Built in 1924, Structure Type: Detached, 3 levels, Colonial, Brick
Cooling
Electric, None
Heating
Natural Gas, Hot Water
Lot
2,381 sqft, 0.05 acres
Property
Other Structures: Above Grade, Below Grade, Soil Types: Unknown
This information is provided exclusively for consumers' personal, non-commercial use; that it may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing, and that data is deemed reliable but is not guaranteed accurate by BrightMLS. Information may appear from many brokers but not every listing in BrightMLS is available. This content last updated on .
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