18
Map
$285,000
↓ $15K (5%)
●
House -
For Sale
125 48TH PLACE NE
WASHINGTON, DC 20019
3 Beds
1 Bath,
2
Half Baths
1,645 Ft²
$1,467
Est. Monthly
About This Property
Great opportunity to bring your own vision and updates to an
established Washington, DC neighborhood. The main level features
hardwood flooring, a spacious living room, separate dining area,
kitchen with ample cabinetry, and a convenient half bath. Upstairs,
you'll find hardwood floors throughout the bedrooms along with a
full bath. The finished lower level provides additional living and
entertaining space, including a built-in bar, additional half bath,
and plenty of flexibility for a recreation room, home office, gym,
or storage. Outside, the property offers both front and rear
covered areas, a fenced yard, storage shed, and off-street parking
with Carport. Virtually staged/AI-enhanced photos illustrate
potential improvements; see original photos for current condition.
Unit Size
1,645 Ft²
Days on Market
-
Land Size
0.06 acres
Price per sqft
$173
Property Type
House
Property Taxes
$67
HOA Dues
-
Year Built
1954
Listed By
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Cap Rate
100% Occupancy
N/A (extreme outlier) What does this mean?
Based on our analysis, the cap rate of this property is 1.25%. A negative cap rate indicates that the property might not be feasible as an income-producing asset. The median cap rate for a near zip code 11238 is 4.23%.
How much can I actually make?
Actual monthly rental income may vary between $4,760 and $7,140 depending on unit-specific characteristics. You can change the amount using the slider to further explore.
How is cap rate calculated?
Cap Rate = Net Operating Income (NOI) / Property Asset Value.
When calculating the cap rate, we assume 100% occupancy. Leverage (mortgage) is not considered.
Cap Rate provided by RealtyHop and RentHop, learn more about cap rate here.
Last updated: 5 days ago (Bright MLS #DCDC2283028)
Price History
| Date / Event | Date | Event | Price |
|---|---|---|---|
| Oct 3, 2026 | Price Decreased |
$285,000
↓ $15K
(5%) | |
| Price Decreased | |||
| Sep 23, 2026 | Price Decreased |
$300,000
↓ $71K
(19%) | |
| Price Decreased | |||
| Sep 11, 2026 | Listed by RE/MAX Distinctive Real Estate, Inc. | $370,500 | |
| Listed by RE/MAX Distinctive Real Estate, Inc. | |||
| Aug 3, 2026 | In contract | - | |
| In contract | |||
| Jun 13, 2026 | Listed by 212 Degrees Realty, LLC | $390,000 | |
| Listed by 212 Degrees Realty, LLC | |||
   | |||
|
Opportunity awaits at 125 48th Place NE! This 3-bedroom, 1.5-bath home offers 1,188 square feet of potential and is ready for your vision. The property needs work, making it a strong opportunity for buyers or investors looking to renovate, customize, and build value.
Located near the planned new Washington Commanders stadium site, this area may see increased attention and activity in the coming years. The home also offers rear off-street parking with alley access, adding convenience and functionality. Bring your contractor, your creativity, and your plans—this property is being sold as-is and is full of possibility.
| |||
Property Highlights
Parking Available
Air Conditioning
Parking Details
Parking Features: Detached Carport, Concrete Driveway, Fenced
Interior Details
Half Bathrooms: 2
Full Bathrooms: 1
Basement: Other
Exterior Details
Square Footage: 1645
Square Footage Source: $0
Architectural Style: Colonial
Year Built Source: Assessor
Year Built: 1954
Levels: 3
Other Structures: Above Grade, Below Grade
Construction Materials: Brick
Lot Size Area: 2575
Lot Size Units: Square Feet
Lot Size Acres: 0.06
Lot Size Square Feet: 2575
Tax Lot: 15
Water Source: Public
Financial Details
Tax Assessed Value: $386,600
Tax Annual Amount: $803
Utilities Details
Cooling Type: Central Air
Heating Type: Forced Air
Sewer : Private Sewer
Building Info
Data used for valuation calculations is provided by RealtyHop, and other third party sources
Comparables
Unit
Status
Status
Type
Beds
Baths
ft²
Price/ft²
Price/ft²
Asking Price
Listed On
Listed On
Closing Price
Sold On
Sold On
HOA + Taxes
About Southeast Washington
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Listed by: Tyler Freiheit
RE/MAX Distinctive Real Estate, Inc.
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# DCDC2283028
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, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2026 Bright MLS, Inc.
RE/MAX Distinctive Real Estate, Inc.
Last Updated: 0 hours ago
Data Source: Bright MLS , MLS# DCDC2283028
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