Movoto Real Estate
Sold on 03/13/2025
  • Exterior
  • Living
  • Bedroom
  • Kitchen
  • Entry Way
  • Bath
  • Dining
  • Other
  • View/Area

1500 Oates St NE, Washington, DC 20002

$1,004,000

Last sold 03/13/2025 for $885K

  • bed

  • bath

  • 3,602

    Sqft ($246/Sqft)

Multi-family not for sale

About 1500 Oates St NE

Property type Multi-family
Neighborhood
Year built 1938
HOA fee $0/month
Lot size 5,227 Sqft
Movoto estimate
Rental estimate
Property description
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.
Listed by
Listing Agent - Lorence C Ottley
Listing Office - Sellstate Dominion Realty
Source: Bright MLS mls logo
MLS#DCDC2137458 • last updated 1 year ago
Movoto checked Bright MLS for data 6 minutes ago
Overview
Cooling/AC Central A/C, Electric
Heating Natural Gas
Type Multi-Family
SubType Triplex
Status Closed
SqFt 3738
Lot Size (SqFt) 5312
Lot Size (Acres) 0.12
Tax: Assessed Value 822820
Annual Property Tax 1645
Year Built 1938
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Appliances Dryer - Electric, Refrigerator, Stove, Washer
Accessibility Features None
Exterior
Construction Brick
# Parking Spaces 1
# Detached Carport Spaces 1
Parking Desc Driveway, Detached Carport, Off Street
Existing Structures Above Grade, Below Grade, Patio(s)
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool No Pool
Location
Subdivision TRINIDAD
Water Source Public
School District DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Directions NY Ave To Bladensberg Rd Toward H St NE. Right Turn On Oates St NE To 1500 (No Sign)
Zoning UNKNOWN
Multifamily Details
# 1-Bedroom Units 1
# 2-Bedroom Units 2
Lot/ Land Details
Soil Types Unknown
$1M
Range: $823K-$1.18M
Last 30 days 
Rental est.: $1,216/month
Gross rent multiplier: 60.7
  • Jun 2025
    mls logo MLS # DCDC2137458
  • Jun 3, 2025 Sold
    $885,000
  • Nov 25, 2024 Active
  • Oct 17, 2024 Price Change
    $900,000 (-28.0%)
  • Jul 18, 2024 Price Change
    $1,250,000 (-16.7%)
  • Apr 17, 2024 Listed
    $1,499,999
  • Apr 2025
    Public Records
  • Apr 17, 2025 Sold
    $885,000 (-1.7%)
  • Year Property taxes Tax assessment
  • 2024
    $1,676 +0.6%
    $858,340 +4.32%
  • 2023
    $1,666 +1.2%
    $822,820 +9.81%
  • 2022
    $1,645 +4.4%
    $749,280 +9.66%
  • 2021
    $1,576 +4.8%
    $683,260 +9.35%
  • 2020
    $1,504 +4.7%
    $624,840 +8.87%
  • 2019
    $1,436 +4.5%
    $573,930 +13.17%
  • 2018
    $1,373 +9.7%
    $507,140 +12.02%
  • 2017
    $1,252 +9.7%
    $452,720 +16.13%
  • 2016
    $1,141 +9.9%
    $389,830
  • 2015
    $1,039
  • 1500 Oates St NE
    $885K
  • Trinidad - Langston
    $475K -2% y/y
  • 20002
    $575K -4% y/y
  • Washington
    $524K -7% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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