$425,000

4839 JAY ST NE, Washington, DC 20019

  • 3 beds |
  • 2 baths |
  • 1,602 sqft
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1924
  • Property Lot Size Icon2,178sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $265/sqft
  • Property List Date Icon Listed 1 day ago

Property Description

🔑 Unique Washington, DC Development Opportunity: 2 Homes for 1 Price! 📍 Address: 4839 Jay Street NE, Washington, DC 20019 🏘️ Includes: Existing Home + Two Additional Buildable Lots 📏 Total Land Area: Approx. 11,524 sq ft (Combined) 🏗️ Zoning: R-2 (Residential, Semi/Detached) 💡 Ideal for: Developers & FHA 203(k) Homebuyers 👀 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: ✅ A classic 3-bedroom, 2-bathroom detached home on two lots (0032 & 0033) ✅ Two adjacent vacant lots (0034 & 0801) zoned R-2 and ready for new construction ✅ A combined assemblage totaling over 11,500 sq ft of land ✅ Perfect for new builds, additions, guest homes, or long-term investments ✅ Located in sought-after Deanwood, one of DC’s most promising growth zones 🏡 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. 🌱 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. 🔧 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 📍 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 🔐 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. ✨ Two houses for the price of one. Renovate and build your future. ✨ 📞 Schedule a Tour or Strategy Consult Today! 📱 Anthony R. Bolling, JD, CCIM 🏡 Associate Broker | Keller Williams Preferred Properties Let’s explore how your next home—or investment—starts right here on Jay Street NE.

Listing Status:
Active
Listing Office:
Keller Williams Preferred Properties : 2407375000
Listing Agent:
Anthony R Bolling : 2403396979
MLS ID:
DCDC2217370
  • Basement: Connecting stairwayUnfinished
  • A/C: None
  • Heating: Hot WaterNatural Gas
  • Disability Feature: None

This listing courtesy of Anthony R Bolling, Keller Williams Preferred Properties

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

H

Houston Elementary School

1100 50th Pl NE, Washington, DC, 20019

Grades EE-5

0.31 miles away

K

Kelly Miller Middle School

301 49th St NE, Washington, DC, 20019

Grades 6-8

0.55 miles away

R

Ron Brown College Preparatory High School

4800 Meade St NE, Washington, DC, 20019

Grades 9-12

0.36 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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