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For sale
  • $580,000

    501 32nd St SE, Washington, DC 20019

    4beds
    4baths
    2,336sqft
    : 
    $3,890/mo
    Get pre-qualified
    Quadruplex
    Built in 1953
    -- sqft lot
    $569,300 Zestimate®
    $248/sqft
    $-- HOA

    What's special

    High-efficiency hvac systemsModern electricalModern fixturesNew roofUpdated plumbingSleek new cabinetryEnergy-efficient windows throughout
    Welcome to a rare, turnkey opportunity in the heart of SE Washington, DC. This isn't just a renovation; it’s a complete transformation. With over $250,000 invested in a top-to-bottom overhaul, 501 32nd St SE has been reimagined as a sophisticated four-unit multifamily property that offers the peace of mind of new construction backed by the enduring strength of its original masonry. Virtually almost every component of this building is brand new. The structure was extensively gutted and rebuilt with new framing, joists, studs, and supports. Beyond the foundation and the exterior brick, everything has been replaced: a new roof, high-efficiency HVAC systems, updated plumbing, modern electrical, and energy-efficient windows throughout. Inside, each of the four units exudes contemporary style. You’ll find designer paint schemes, hardwood flooring, and sleek new cabinetry paired with modern fixtures. The redesign prioritized both aesthetics and effortless management, ensuring each unit feels like a high-end urban retreat. For the savvy investor, this property is a high-performing asset from day one. The "heavy lifting" is finished, offering a true plug-and-play addition to your portfolio. Furthermore, the quality of the finishes and the structural upgrades provide a clear and lucrative path for a future condo conversion. Whether you are looking to maximize rental yields or execute a strategic conversion, this property stands out as a premier choice in the city’s evolving landscape. It’s rare to find a multi-unit building of this caliber where every detail has been handled with such precision—all that’s left is to start collecting rent.
    12 days
    232
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    Zillow last checked:

    Listing updated:

    Listed by:

    Austen Rowland 240-305-5651,

    Compass

    Source: Bright MLS,MLS#: DCDC2275076MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 4
      • Bathrooms: 4
      Heating
      • Forced Air, Natural Gas
      Cooling
      • Central Air, Electric
      Appliances
      • Included: Gas Water Heater
      Features
      • Has basement: No
      • Has fireplace: No
      Interior area
      • Total structure area: 2,336
      • Total interior livable area: 2,336 sqft

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: Other
      Features
      • Pool features: None
      Lot
      • Size: 2,178 Square Feet
      • Features: Unknown Soil Type
      Details
      • Additional structures: Above Grade
      • Parcel number: 5450//0035
      • Zoning: R5A
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Other
      • Property subtype: Quadruplex
      Materials
      • Other
      Condition
      • New construction: No
      • Year built: 1953

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Washington

      Financial & listing details

      • Price per square foot: $248/sqft
      • Tax assessed value: $480,450
      • Annual tax amount: $3,939
      • Date on market: 9/22/2026
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Fee Simple

        Estimated market value

        $569,300

        $541,000 - $598,000

        $3,207/mo

        Price history

        DateEventPrice
        9/23/2026Listed for sale$580,000-9.4%$248/sqft
        Source: Bright MLS #DCDC2275076 Report a problem
        1/26/2025Listing removed$640,000$274/sqft
        Source: Bright MLS #DCDC2174754 Report a problem
        1/15/2025Listed for sale$640,000-1.5%$274/sqft
        Source: Bright MLS #DCDC2174754 Report a problem
        10/11/2024Listing removed$650,000$278/sqft
        Source: Bright MLS #DCDC2126246 Report a problem
        6/26/2024Price change$650,000+0.2%$278/sqft
        Source: Bright MLS #DCDC2126246 Report a problem
        6/25/2024Price change$649,000-1.7%$278/sqft
        Source: Bright MLS #DCDC2126246 Report a problem
        5/20/2024Price change$660,000-2.9%$283/sqft
        Source: Bright MLS #DCDC2126246 Report a problem
        3/23/2024Price change$680,000-2.7%$291/sqft
        Source: Bright MLS #DCDC2126246 Report a problem
        2/17/2024Price change$699,000-2.9%$299/sqft
        Source: Bright MLS #DCDC2126246 Report a problem
        1/27/2024Listed for sale$720,000+44%$308/sqft
        Source: Bright MLS #DCDC2126246 Report a problem
        3/29/2019Sold$500,000+0%$214/sqft
        Source: Public Record Report a problem
        1/25/2019Pending sale$499,950$214/sqft
        Source: CENTURY 21 New Millennium #DCDC102422 Report a problem
        11/29/2018Price change$499,950+17.6%$214/sqft
        Source: Compass #DCDC102422 Report a problem
        7/7/2018Listed for sale$425,000+203.6%$182/sqft
        Source: Compass #1001998230 Report a problem
        7/18/2003Sold$140,000+204.3%$60/sqft
        Source: Public Record Report a problem
        8/5/1999Sold$46,000$20/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2026$3,939 +0.1%$463,450 +0.1%
        2025$3,937 +0.7%$463,160 +0.7%
        2024$3,910 +4.5%$460,010 +4.5%
        2023$3,743 +12%$440,350 +12%
        2022$3,342 +10.5%$393,160 +10.5%
        2021$3,024 +5.3%$355,820 +5.3%
        2020$2,873 +31.8%$337,990 +31.8%
        2018$2,181 +12.9%$256,530 +12.9%
        2017$1,932 +17%$227,260 +17%
        2016$1,651 +5.5%$194,190 +5.5%
        2015$1,565 +6.8%$184,110 +6.8%
        2014$1,465 -5.1%$172,330 -5.1%
        2013$1,543 -12.1%$181,580 -12.1%
        2012$1,757 $206,680
        2011$1,757 -24.3%$206,680 -24.3%
        2010$2,320 -4.1%$272,970 -4.1%
        2009$2,418 +41%$284,520 +45.9%
        2007$1,716 +26.7%$194,950 +32.5%
        2006$1,354 +27.5%$147,120 +33%
        2005$1,062 +57.8%$110,600 +10.5%
        2002$673 -41.5%$100,100
        2001$1,151 $100,100
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Greenway

        Getting around

        13 / 100
        Car-Dependent
        51 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: District Of Columbia Public Schools

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.