ATTENTION INVESTORS & HOUSE-HACKERS: Own and live in a luxury condo for half the price! Welcome to this rare two-level, 3-bedroom, 3-bath condo, offering the flexibility to live as one spacious home or to live like two separate residences. The main level includes two bedrooms, two full bathrooms, an open living area, kitchen, and private outdoor deck. The lower level is particularly self-contained, with its own living room, bedroom, full bathroom, kitchenette with refrigerator, dedicated HVAC system, stacked washer and dryer, and a private entrance. Enjoy the entire property as one home, reserve the lower level for family or guests, or live on one floor and rent the other. THE NUMBERS BEHIND A SMARTER WAY TO OWN: A CONDO THAT PAYS FOR ITSELF Rent the lower level for an estimated $2,000 per month and put that income toward your monthly ownership costs. Based on an illustrative financing scenario with 10% down, that rental income could offset nearly half of the projected principal-and-interest payment, reducing the effective monthly cost from more than $4,000 to just over $2,000. That is comparable to the monthly principal-and-interest cost of a home priced around $375,000, while owning a $725,000 property. Detailed rental scenario breakdowns are available upon request. Beyond rental income, this versatile layout is also ideal for multigenerational living, an au pair or caregiver suite, roommates, a private guest suite, a separate home office or studio, or simply anyone who values additional privacy and separation within the home. Ideally situated on a quiet, one-way residential street between the U Street Corridor and Columbia Heights, the home is approximately half a mile from both Metro stations and offers convenient access to Shaw, Howard University, Georgia Avenue, and the 14th Street corridor. Everyday conveniences are close at hand, including Whole Foods on Florida Avenue and Target and Lidl at DC USA. Banneker Recreation Center is just a few blocks away, with an outdoor pool, running track, tennis and basketball courts, athletic field, playground, and other recreational facilities. It is the best of both worlds: a calm, residential one-way street with some of D.C.’s most vibrant neighborhood corridors, shopping, dining, recreation, and transit nearby.
For sale
Price cut: $26K (8/19)
$699,000
740 Fairmont St NW #A, Washington, DC 20001
3beds
1,379sqft
Condominium
Built in 1995
-- sqft lot
$690,000 Zestimate®
$507/sqft
$330/mo HOA
What's special
Stacked washer and dryerPrivate entrancePrivate outdoor deckDedicated hvac system
- 33 days
- 197
- 8
Zillow last checked:
Listing updated:
Listed by:
Jack Shorb 301-767-7545,
Corcoran McEnearney
Source: Bright MLS,MLS#: DCDC2276058
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 3
- Bathrooms: 3
- Full bathrooms: 3
- Main level bathrooms: 2
- Main level bedrooms: 2
Basement
- Area: 488
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
- Laundry: Main Level, Lower Level, Has Laundry, Dryer In Unit, Washer In Unit, In Unit
Features
- 2nd Kitchen
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,379
- Total interior livable area: 1,379 sqft
- Finished area above ground: 891
- Finished area below ground: 488
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Features: Unknown Soil Type
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2884//2037
- Zoning: R
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Brick
Condition
- New construction: No
- Year built: 1995
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Condo and coop fee: $330 monthly
- Subdivision: Columbia Heights
HOA
- Has HOA: No
- Amenities included: None
- Services included: Water, Common Area Maintenance, Maintenance Structure, Reserve Funds
Location
- Region: Washington
Financial & listing details
- Price per square foot: $507/sqft
- Tax assessed value: $757,160
- Annual tax amount: $5,664
- Date on market: 7/29/2026
- Listing agreement: Exclusive Agency
- Ownership: Condominium
Estimated market value
$690,000
$656,000 - $725,000
$4,395/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/19/2026 | Price change | $699,000-3.6%$507/sqft |
Source: | ||
| 7/29/2026 | Listed for sale | $725,000+12.1%$526/sqft |
Source: | ||
| 9/6/2025 | Listing removed | $2,997$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/29/2025 | Price change | $2,997-11.2%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/9/2025 | Listed for rent | $3,375$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/1/2025 | Listing removed | $3,375$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 7/19/2025 | Price change | $3,375-2.9%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/27/2025 | Price change | $3,475-0.4%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/25/2025 | Price change | $3,489-5.1%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/23/2025 | Price change | $3,675-1.7%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 6/20/2025 | Listed for rent | $3,739+13.3%$3/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/30/2023 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 8/12/2023 | Listed for rent | $3,299-17.5%$2/sqft |
Source: Zillow Rentals Report a problem | ||
| 8/2/2021 | Listing removed | -- |
Source: Zillow Rental Manager Report a problem | ||
| 7/21/2021 | Price change | $3,999-9%$3/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 7/14/2021 | Listed for rent | $4,395$3/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 3/26/2020 | Sold | $646,900$469/sqft |
Source: Agent Provided Report a problem | ||
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: Columbia Heights
Nearby schools
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.






