Investor Alert – New Construction Property Flip -Over $150,000 in Profit | New Construction Opportunity | One Block from Washington, DC. This new constucction property is 50% completed and sold as is, about $80,000 needed to finish construction after purchuse. Exceptional investment opportunity just one block from Washington, DC. This new construction project is already well underway with permits approved, utilities installed, foundation completed and inspected, plumbing groundworks completed and inspected and framing almost done. Upon completion, the property will feature a 3,000 sq ft, two-level home with 6 bedrooms and 3 bathrooms, designed as a two-unit style layout ideal for multi-generational living or rental income. Each level will include approximately 1,500 sq ft of living space, featuring: 3 spacious bedrooms 1–2 full bathrooms Full kitchen Living room Laundry area Separate entrances and exits for each level Large Driveway for 2-3 cars. This flexible layout allows an owner to live in one unit and rent the other for strong cash flow, or rent both levels for maximum investment return. The property sits on a flat, cleared lot on a quiet suburban street, offering privacy while still being steps from the DC boundary. Project Status & Investment Highlights: SOLD AS IS Permits active and current Foundation completed and inspected Plumbing groundworks completed and inspected Framing will be delivered completed No stop-work orders Floor plans and permits available Estimated construction completion: 4–5 weeks Estimated Costs to Complete: Approx. $80,000-$100,000 to finish construction Buyers may bring their own contractor or use the current construction team to complete the build. Projected Value: Comparable new construction homes in the area are selling for approximately $600,000, creating the potential for over $150,000 in equity upon completion. Property sold as-is with active permits and approved plans, foundation and plumbing done only. No HOA or HOA Rules. Several blocks from metro. All information and project documentation available for verification. Cash, Hard Money or Construction Loans Only. Please inquire, many more lots and floors plans available.
New construction
Price cut: $10.5K (8/26)
$322,000
712 61st Ave, Capitol Heights, MD 20743
6beds
3,000sqft
Single Family Residence
Built in 2026
5,750 Square Feet Lot
$-- Zestimate®
$107/sqft
$-- HOA
What's special
Full kitchenLaundry areaFlat cleared lot
- 138 days
- 1,762
- 113
Zillow last checked:
Listing updated:
Listed by:
Alicia Hines 301-523-8781,
Taylor Properties 301-970-2447
Source: Bright MLS,MLS#: MDPG2199906
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 1
- Main level bedrooms: 3
Basement
- Area: 0
Heating
- Central, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 3,000
- Total interior livable area: 3,000 sqft
- Finished area above ground: 3,000
- Finished area below ground: 0
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 5,750 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 17182065852
- Zoning: RSF65
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Traditional
- Property subtype: Single Family Residence
Materials
- Advanced Framing
- Foundation: Concrete Perimeter
Condition
- Excellent
- New construction: Yes
- Year built: 2026
Utilities & green energy
- Sewer: No Septic System
- Water: Public
Community & HOA
Community
- Subdivision: Capitol Heights
HOA
- Has HOA: No
Location
- Region: Capitol Heights
- Municipality: Fairmount Heights
Financial & listing details
- Price per square foot: $107/sqft
- Tax assessed value: $28,700
- Annual tax amount: $531
- Date on market: 4/20/2026
- Listing agreement: Exclusive Agency
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 8/26/2026 | Price change | $322,000-3.2%$107/sqft |
Source: | ||
| 8/3/2026 | Listed for sale | $332,500$111/sqft |
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| 7/29/2026 | Contingent | $332,500+0.8%$111/sqft |
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| 6/30/2026 | Price change | $329,995-1.5%$110/sqft |
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| 6/20/2026 | Price change | $335,000-1.3%$112/sqft |
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| 5/25/2026 | Price change | $339,500-4.4%$113/sqft |
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| 5/18/2026 | Price change | $355,000-1.4%$118/sqft |
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| 5/13/2026 | Price change | $359,998+50%$120/sqft |
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| 5/2/2026 | Pending sale | $239,995$80/sqft |
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| 4/20/2026 | Listed for sale | $239,995+118.2%$80/sqft |
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| 3/27/2026 | Listing removed | $110,000$37/sqft |
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| 2/25/2026 | Price change | $110,000-14.7%$37/sqft |
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| 1/29/2026 | Price change | $129,000-6.2%$43/sqft |
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| 12/1/2025 | Price change | $137,500-5.2%$46/sqft |
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| 10/30/2025 | Listed for sale | $145,000$48/sqft |
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Public tax history
Tax history is unavailable.
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: 20743
Nearby schools
Schools provided by the listing agent
- District: Prince George's County 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.





