$10,000 Closing Credit¹
#DCDC2192748, Mynor R Herrera, Listing Office: Keller Williams Capital Properties
$849,900 List price
1017 17th Pl NE Washington, DC 20002
$10,000
Closing credit¹
2,810 sqft
0.09 acres
$302 / sqft
Multi-Family
Property details
About 1017 17th Pl NE
***EXCELLENT OPPORTUNITY FOR DEVELOPER*** 100% FINANCING AVAILABLE***Welcome to 1017 17th Place NE a multiple unit apartment building located in the subdivision of Trinidad/Langston Carver, Washington DC. At current, each unit offers 2 bedroom/1 bath with extended bump out. In need of renovation and/or repairs. Excellent opportunity for a multiple unit condo conversion. Lot size: 3,744 s/f; Zoning RA-2; NO PLANS OR PERMITS. Very deep rear yard. Parking up to 4 vehicles. Projected Condo Project: 8 units = (8) 2-bdrm at 900 s/f each ($485 s/f), Total s/f = 7,200; ARV = $3,492,000. Projected Construction Cost: Acquisition Cost $850,000; Construction Cost: $1,188,000 ($165+ per s/f x 7,200 s/f of living area); Negotiated Broker’s Fee (5%); $174,600; Carrying Cost at 13% on $850,000: $221,000 (24 months); Plans & Permits: $50,000; Legal Fees: $10,000; Total Acquisition & Construction Cost: $2,493,600; Profit: $998,400; ROR: 40%; Very HOT area for new development. Condo conversion projects next door, across the street and three doors down. ENTIRE BUILDING IS VACANT. NO TOPA INVOLVED. PHOTOS DO NOT REPRESENT CURRENT CONDITION.
Highlights
Home typeQuadruplex
HeatingForced Air
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)
(ACTIVE UNDER CONTRACT)
Size2,810 sqft
Lot size0.09 Acres
Year built1936
ParkingOn Street
MLS #DCDC2187996
Summary
- Parking: On Street
- Architectural Style: Other
- Heating: Forced Air
- Cooling: None
- List Price: $849,900
- Price/SqFt: $302
- Annual Tax Amount: $6,980
- Tax Year: 2023
- Directions: From downtown, east on H Street NE; Turn left onto Bladensburg Road; Turn right onto L Street NE; Turn right onto 17th Place NE; Property on left (1017 17th Place NE)
- Year Built: 1936
- Living Area: 2,810 SqFt
- Lot Size: 0.09 Acres
- MLS Number: DCDC2187996
- MLS Name: BRIGHT
- Office Name: Coldwell Banker Realty - Washington
- Office Phone: (202) 387-6180
- Office Email: tammie.henderson@cbmove.com
- Listing Agent: Alvin D Rice
- Agent Phone: (202) 263-9008
- Agent Email: alvinrice1@gmail.com
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. ©2025 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: 5/30/2025, 6:20:49 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$849,900
1017 17th Pl NE
$10,000
closing credit¹
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $800,220 | $6,980 |
| 2022 | $748,080 | $6,358 |
| 2021 | $673,910 | $5,728 |
| 2020 | $621,790 | $5,285 |
| 2019 | $563,560 | $4,790 |
| 2018 | $475,820 | $4,044 |
| 2017 | $441,470 | $3,752 |
History based on county public records data.
Nearby schools
6
Kipp Dc - Spring Academy Public Charter School
Public Charter 1-4
0.3 mi
•1375 Mount Olivet Rd NE
3
Miner Elementary School
Public District EE-5
0.4 mi
•601 15th St NE
8
School-Within-School at Goding
Public District PK-5
0.4 mi
•704 26th St NE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $28,250. The most common annual income of people living in Washington, DC is less than $<35k. The most common type of family is single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
61%
<35k
33%
35k-100k
5%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
70%
Single, No Kids
17%
Single, with Kids
8%
Married, No Kids
5%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
7%
12-17 yrs old
22%
18-34 yrs old
45%
35-64 yrs old
13%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Music Concerts
Where do the neighbors shop?
IKEA
Banana Republic
H&M
Where do the neighbors go to eat?
Quiznos
Jack In The Box
Chipotle
What do the neighbors drive?
Lexus
Toyota
Volkswagen
What do the neighbors listen to?
Soft Adult Contemporary
Jazz- Rhythmic Contemporary Hits
All data provided by Home Junction and Claritas
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This home is located at 1017 17th Pl NE in Washington, DC and zip code 20002 in the Northeast neighborhood. This 2,810 square foot home, which was built in 1936, sits on a 0.09 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since March 4, 2025 and is currently priced at $849,900.
The number of homes for sale in Washington, DC increased by 60.7% between March and April 2025. While the average time on the market in April 2025 was 77 days, the median list price was $635,346.
From Rocket Homes Real Estate and based on county public records data.