$10,000

closing credit¹

2928 Nelson Pl SE Washington, DC 20019

$1,150,000
2,720 sqft
0.09 acres
$423 / sqft
Multi-Family

Property details

About 2928 Nelson Pl SE

Discover a prime investment opportunity in Hillcrest, DC with this fully renovated 4-unit property, currently fully occupied and generating robust income. Over $550,000 has been invested in renovating this turnkey gem, which boasts sleek laminate floors, elegant granite countertops, stainless steel appliances, and convenient washer and dryer hookups in every unit. Additionally, it features a paid-off solar system valued at over $56,000 and will convey for the right offer. The property includes two 2-bedroom units and two 3-bedroom units, delivering a current monthly rental income of $7,703 and an additional $8,000+ annually from owned solar panels. Located just across the river from Capitol Hill, residents enjoy vibrant city life combined with a tranquil retreat. Proximity to public transportation further enhances its appeal. Tenants cover all utility costs. Additionally, if desired, one unit can be vacated for owner occupancy. Seize the chance to add this high-performing, income-generating property to your investment portfolio, offering both immediate returns and long-term appreciation.

Highlights

Home typeQuadruplex
HeatingOther
StatusActive
(ACTIVE)
CoolingMulti Unit(s)
Size2,720 sqft
Lot size0.09 Acres
Year built1940
ParkingOn Street
MLS #DCDC2154388

Summary

  • MLS Number: DCDC2154388
  • MLS Name: BRIGHT
  • Office Name: RE/MAX Allegiance
  • Office Phone: (703) 237-9500
  • Listing Agent: Sebrin Adem

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: 1/27/2025, 1:55:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of front of house

$1,150,000

2928 Nelson Pl SE

$10,000

closing credit¹

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Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 14, 2022
Home Sold
$545,000
Oct 18, 2005
Home Sold
$350,000

Tax history

YearAssessmentProperty Tax
2023$603,440$5,219
2022$534,620$4,544
2021$491,980$4,181
2020$443,730$22,186
2019$405,830$3,449
2018$371,240$3,155
2017$321,830$2,735

History based on county public records data.

Nearby schools

4

Randle Highlands Elementary School

Public District EE-5

0.4 mi

1650 30th St SE

3

Orr Elementary School

Public District EE-5

0.5 mi

2200 Minnesota Ave SE

4

Kimball Elementary School

Public District EE-5

0.7 mi

3375 Minnesota Ave 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 $28,582. Most Washington, DC residents have annual incomes less than $<35k. Most families are single, no kids. Typical level of education for residents in this area is high school diploma.

How much money do the neighbors make?

57%
<35k
36%
35k-100k
7%
100k-200k
0%
200k+

What level of education do the neighbors have?

No High School
High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

72%
Single, No Kids
16%
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?

11%
<11 yrs old
7%
12-17 yrs old
19%
18-34 yrs old
47%
35-64 yrs old
16%
65+ yrs old

What do the neighbors do for fun?

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

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Ross Dress For LessRoss Dress For Less

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • PopeyesPopeyes

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • NissanNissan

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 2928 Nelson Pl SE in Washington, DC and zip code 20019 in the Greenway neighborhood. This 2,720 square foot home, which was built in 1940, sits on a 0.09 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since August 12, 2024 and is currently priced at $1,150,000.

In December 2024, from all listings sold in Washington, DC there were more than 103 sold above asking price, over 258 sold below and more than 113 were sold right at the asked price. Between November and December 2024, Washington, DC real estate market has seen increase in the number of listings by 0.4%. In December 2024, listings were on the market for 58 days. During the same period, the median list price in this real estate market was $676,667.

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

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