$10,000 Closing Credit¹
Todd W Bissey, Listing Office: Compass
$10,000
closing credit¹
1500 Oates St NE Washington, DC 20002
$900,000 List price
$10,000
Closing credit¹
3,602 sqft
0.1 acres
$250 / sqft
Multi-Family
Property details
About 1500 Oates St NE
WOW!!!! This is an Amazing Opportunity to Own a great home, in a great neighborhood, and have two 2 units for you to supplement the Mortgage. Use a DSCR loan and use the rental units' income to help you pay for the property!! Or turn the spacious upstairs Owner's Suite unit into 2 units, live in one, and rent out 3 units. Either way, you win! Sooooo many options. This Apartment Building is well maintained and features Central Air Conditioning, Gas Hot Water Radiator Heating, a Washer and Dryer in each unit, a Covered Carport with Off-Street parking for two cars, a storage shed, a small yard, and most of all AN AWESOME LOCATION, LOCATION, LOCATION!!! ***Showing will be by Appointment only, with the Listing agent.***** As per standard procedure, Buyer(s) must provide Proof of Funds and an approval letter from a local, reputable lender, before the appointment will be set. There is no lockbox. This building has great tenants with short-term Leases. This is a fantastic opportunity to create generational wealth and City living. This property is a short distance from H St, Gallaudet, Hechinger Mall and so much more. I look forward to the excitement on your face, once you see this place! No Hard Money deals please. Buyer must show Proof of Funds in the Bank under their name!!! Please contact me, or your Realtor, to schedule an appointment. 2 of the units are rented, so I must be with you for the showing. No Appointment, No Access!! Note the 3rd unit is the entire top level. This home may have been a 4 unit at one time.
Highlights
Home typeTriplex
HeatingRadiant
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)
(ACTIVE UNDER CONTRACT)
CoolingCentral Air
Size3,602 sqft
Lot size0.12 Acres
Year built1938
ParkingDriveway,Detached Carport,Off Street
MLS #DCDC2137458
Summary
- MLS Number: DCDC2137458
- MLS Name: BRIGHT
- Office Name: Sellstate Dominion Realty
- Office Phone: (301) 333-1111
- Office Email: sellstatedominion@gmail.com
- Listing Agent: Lorence C Ottley
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: 1/27/2025, 8:23:36 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$900,000
1500 Oates St NE
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
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 | $822,820 | $1,665 |
| 2022 | $749,280 | $1,645 |
| 2021 | $683,260 | $1,576 |
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
0.6 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 $42,895. Most Washington, DC residents have annual incomes between $35k-100k. Residents typically live in single, no kids family. The most common level of education of people living in this area is high school diploma.
How much money do the neighbors make?
40%
<35k
47%
35k-100k
14%
100k-200k
0%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
63%
Single, No Kids
19%
Single, with Kids
11%
Married, No Kids
7%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
8%
12-17 yrs old
24%
18-34 yrs old
45%
35-64 yrs old
10%
65+ yrs old
What do the neighbors do for fun?
Major League Soccer (MLS)
Pro Boxing
Tennis
Where do the neighbors shop?
Banana Republic
IKEA
Crate & Barrel
Where do the neighbors go to eat?
Jack In The Box
Quiznos
Starbucks
What do the neighbors drive?
Toyota
Lexus
BMW
What do the neighbors listen to?
Jazz
Soft Adult Contemporary
News
All data provided by Home Junction and Claritas
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This home is located at 1500 Oates St NE in Washington, DC and zip code 20002 in the Northeast neighborhood. This 3,602 square foot home, which was built in 1938, sits on a 0.12 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 17, 2024 and is currently priced at $900,000.
In December 2024 more than 103 listings in Washington, DC were sold above the asking price. During the same period more than 113 listings were sold at asking price, while more than 258 were sold below. The inventory of homes for sale in Washington, DC between November and December 2024 increased by 0.4%. Listings spent 58 days on the market in December 2024, and had a median list price of $676,667 during the same period.
From Rocket Homes Real Estate and based on county public records data.