$599,000

249 Newcomb St SE Washington, DC 20032

$7,113
Closing credit¹
3,480 sqft
0.1 acres
$172 / sqft
Multi-Family

Property details

About 249 Newcomb St SE

Unit 3 and 4 are vacant. Unit 2 is vacating soon. Unit 1 would like to stay and pays on time every time. We can deliver the property vacant if necessary. All have signed TOPA and affidavits agreeing to the sale. Situated across from green space and blocks to the bustling St Elizabeth Campus. Don't miss out on this unique investment opportunity to live in one unit and collect income from three! Welcome to 249 Newcomb St. SE, an exceptional investment opportunity in Congress Heights. This four-unit building offers a multitude of benefits for both investors and first time home buyer. All four units are one bedroom and one bath with the potential to easily renovate to two bedroom and one bath units. Prospective investors will appreciate the solid rental history, with high occupancy rates and strong rental demand in the area. As units vacate and you upgrade to two bedroom units the rental income increase is significant. The consistently favorable cash flow and potential for future growth makes this property an enticing investment opportunity. Schedule your private showing now!

Highlights

Home typeQuadruplex
HeatingHot Water
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)
CoolingWindow Unit(s)
Size3,480 sqft
BasementYes
Lot size0.13 Acres
Year built1943
ParkingOn Street
MLS #DCDC2121250

Summary

  • MLS Number: DCDC2121250
  • MLS Name: BRIGHT
  • Office Name: Keller Williams Capital Properties
  • Office Phone: (202) 243-7700
  • Listing Agent: Tom J Kavanagh
  • Agent Phone: (703) 966-8466
  • Agent Email: tom@fulcrumpg.com

IDX 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: 3/15/2025, 10:20:57 AM 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

view of property with a front lawn

$599,000

249 Newcomb St SE

$7,113

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

YearAssessmentProperty Tax
2023$520,570$4,520
2022$459,680$3,907
2021$412,450$3,505
2020$380,510$3,234
2019$334,030$2,839
2018$311,650$2,649
2017$306,310$2,603

History based on county public records data.

Nearby schools

3

Martin Luther King Elementary School

Public District EE-5

0.5 mi

3200 6th St SE

3

Simon Elementary School

Public District EE-5

0.9 mi

401 Mississippi Ave SE

5

Kipp Dc - Heights Academy Public Charter School

Public Charter 1-4

1.0 mi

2600 Douglass Rd SE

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $37,893. Residents of Washington, DC typically earn between $35k-100k each year. The most common type of family is single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

46%
<35k
48%
35k-100k
3%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

61%
Single, No Kids
27%
Single, with Kids
8%
Married, No Kids
4%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

14%
<11 yrs old
7%
12-17 yrs old
26%
18-34 yrs old
45%
35-64 yrs old
8%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 249 Newcomb St SE in Washington, DC and zip code 20032 in the Congress Heights / Bellevue / Washington Highlands neighborhood. This 3,480 square foot home, which was built in 1943, sits on a 0.13 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since December 8, 2023 and is currently priced at $599,000.

While more than 93 listings in Washington, DC in February 2025 were sold above asking price, there were more than 106 listings sold at asking price, and more than 203 were sold below. In February 2025 in Washington, DC there were 17% more homes for sale than in January. In February 2025 median list price was $676,408 and the average listing age was 51 days.

From Rocket Homes Real Estate and based on county public records data.

More resources