Movoto Real Estate
Sold on 11/30/2021

515 7th St SE, Washington, DC 20003

$2,025,000

Last sold 11/30/2021 for $2M

  • —

    bed

  • —

    bath

  • 4,096

    Sqft ($488/Sqft)

Multi-family not for sale

About 515 7th St SE

Property type Multi-family
Neighborhood
Year built 1851
HOA fee $0/month
Lot size 2,614 Sqft
Movoto estimate
Parking 1 garage spaces
Rental estimate
Property description
DRAMATIC price reduction + Rising rental prices = INCREDIBLE VALUE AND OPPORTUNITY! ONE-OF-A-KIND at Eastern Market! Between Barracks Row and the Market, you'll find this 1851 Victorian with clapboard siding and ornate front porch. The garden gate calls to you like a dream from New Orleans or old San Francisco. Inside awaits an incredibly unique property that must be experienced in person to understand all that it delivers! Looking for a single family compound? This palatial residence offers 3 floors and 3000 SF in the main home PLUS 1100 SF CARRIAGE HOUSE plus parking garage. Searching for smart and flexible investment property, for easily shifted configurations for short or long-term rental or sharing? The sky's the limit on the endless adaptations of this property for co-owners, extended family, guests, tenants, and more! By the numbers: 2 Houses, 4 apartments, 9 bedrooms, 2 sculped gardens. This block delivers the perfect balance of quiet tree-lined streetscape and convenience at the heart of The Hill. The historic home -- one of the oldest on The Hill - painstakingly updated and maintained for 21 years by the same loving owner! TRULY RARE opportunity - Begin your preparations with a virtual walkthrough in 3D. CONTACT US to schedule a private safe + convenient showing!
Listed by
Listing Agent - Joel S Nelson
Listing Office - Keller Williams Capital Properties
Source: Bright MLS mls logo
MLS#DCDC507048 • last updated 1 year ago
Movoto checked Bright MLS for data 35 minutes ago
Overview
Cooling/AC Central A/C, Electric
Heating Electric, Natural Gas
Levels/Style Victorian
Type Multi-Family
SubType Quadruplex
Status Closed
SqFt 4121
Lot Size (SqFt) 2640
Lot Size (Acres) 0.06
City/ Town Tax 10863
Tax: Assessed Value 1475500
Annual Property Tax 10863
Year Built 1851
Condition Very Good
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Basement Fully Finished
Flooring Hardwood
Walls/ Ceilings Dry Wall
Interior Features Double/Dual Staircase
Accessibility Features None
Exterior
Roof Rubber
Garage Desc Garage - Rear Entry, Garage Door Opener, Inside Access
# Garage Spaces 1
# Parking Spaces 1
# Attached Garage Spaces 1
Parking Desc Attached Garage
Exterior Features Extensive Hardscape, Exterior Lighting, Sidewalks
Existing Structures Above Grade, Below Grade, Carriage House
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool No Pool
Location
View Garden/Lawn
Subdivision CAPITOL HILL
Water Source Public
High School EASTERN
Elementary School BRENT
School District DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Middle School JEFFERSON
Directions From Eastern Market METRO Walk One Block South; 515 Is On Right.
Zoning RF-1
Multifamily Details
# Single Room Units 9
# 1-Bedroom Units 2
# 2-Bedroom Units 1
# 3-Bedroom Units 1
# Units Furnished None
# Units Vacant 3
Net Operating Income 117000
Cap Rate 4.5
Income Includes Apartment Rentals
Lot/ Land Details
Soil Types Urban Land-Sassafras-Chillum
$2.02M
Range: $1.47M-$2.57M
Last 30 days 
Rental est.: $1,274/month
Gross rent multiplier: 130.8
  • Dec 2021
    Public Records
  • Dec 23, 2021 Sold
    $2,000,000
  • Nov 2021
    mls logo MLS # DCDC507048
  • Nov 30, 2021 Sold
    $2,000,000
  • Oct 22, 2021 Active
    —
  • Feb 5, 2021 Listed
    $2,600,000
  • Nov 2021
    mls logo MLS # DCDC505682
  • Nov 30, 2021 Sold
    $2,000,000 (-9.0%)
  • Oct 22, 2021 Active
    —
  • Aug 25, 2021 Price Change
    $2,199,000 (-4.3%)
  • Jul 9, 2021 Price Change
    $2,299,000 (-2.2%)
  • Jun 10, 2021 Price Change
    $2,350,000 (-2.0%)
  • May 11, 2021 Price Change
    $2,399,000 (-1.8%)
  • Apr 16, 2021 Price Change
    $2,444,000 (-2.2%)
  • Feb 19, 2021 Price Change
    $2,499,000 (-3.9%)
  • Jan 28, 2021 Listed
    $2,600,000
  • Year Property taxes Tax assessment
  • 2024
    $14,317 +4.7%
    $1,789,990 +10.61%
  • 2023
    $13,679 +9.6%
    $1,618,230 +4.6%
  • 2022
    $12,481 +4.9%
    $1,547,070 +4.85%
  • 2021
    $11,893 +9.5%
    $1,475,500 +2.54%
  • 2020
    $10,864 +42.1%
    $1,438,930 +5.33%
  • 2019
    $7,648 -18.9%
    $1,366,070 +2.95%
  • 2018
    $9,424 +9.9%
    $1,326,900 +2.17%
  • 2017
    $8,574 +9.9%
    $1,298,720 +5.95%
  • 2016
    $7,801 +10.0%
    $1,225,760
  • 2015
    $7,094
    —
  • 515 7th St SE
    $2M
  • Capitol Hill
    $699K -9% y/y
  • 20003
    $649K -13% y/y
  • Washington
    $549K -5% y/y
No chart available
Statistics calculated by Movoto

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6/10
Brent Elementary School
public Grades PK, K-5
District Of Columbia Public Schools
3/10
Jefferson Middle School Academy
public Grades 6-8
District Of Columbia Public Schools
3/10
Eastern High School
public Grades 9-12
District Of Columbia Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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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 Movoto 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. Data last updated: 11/12/2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closedor 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. BRIGHTMLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually solddue to reporting errors.
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