Check Availability
$2,500,000
↓ $395K (13.6%)
● House - For Sale

500 9TH STREET SE

WASHINGTON, DC 20003
bedrooms
11 Beds
bathrooms
8 Baths
square feet
5,040 Ft²
$14,333
Est. Monthly
1.67%
Cap Rate

About This Property

A rare opportunity to own a remarkable piece of Washington history. Built in 1848 as a grand private residence, the property was designed by an Italian architect for a U.S. Navy Admiral stationed at the neighboring Naval Hospital. Offered vacant and move-in ready, the building presents exceptional flexibility for investors or developers pursuing a buy-and-hold strategy or condominium conversion, while also offering the rare chance to restore the property to its original and magnificent single-family primary residence.

Updated and move-in ready.  Spanning three levels, the property currently comprises six residential units, including one one-bedroom/one-bath residence, three two-bedroom/one-bath residences, and two two-bedroom/two-bath residences.  The property is completely vacant.

Ideally positioned just one block from Barracks Row and two blocks from Eastern Market Metro, the location offers walkable access to Eastern Market, Capitol Hill offices, the Library of Congress, and Pennsylvania Avenue, with downtown and Reagan National Airport only minutes away.
Unit Size
5,040 Ft²
Days on Market
-
Land Size
0.04 acres
Price per sqft
$496
Property Type
House
Property Taxes
$2,057
HOA Dues
-
Year Built
1848

Listed By

Brent Jackson
TTR Sotheby's International Realty
Robert Sanders
TTR Sotheby's International Realty

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Cap Rate Calculator

Last updated: 27 days ago (Bright MLS #DCDC2274382)

Price History

Date / Event Date Event Price
Sep 9, 2026 Price Decreased $2,500,000
↓ $395K (13.6%)
Price Decreased
Jul 24, 2026 Listed by TTR Sotheby's International Realty $2,895,000
Listed by TTR Sotheby's International Realty
Mar 19, 2023 No longer available -
No longer available
Feb 7, 2023 Listed by Compass $4,500,000
Listed by Compass
Own a piece of history! 500 9th St SE was part of DC’s first Naval Hospital, commissioned by President Lincoln and finished by 1866. Truly a rare and unique opportunity to own a vacant, move-in ready building to buy and hold or convert into condos.In total there are 6 units on four levels, consisting of one 1BR/1BA, two 2BR/1BA, and three 2BR/2BA.Superbly located: one block from Barracks Row and two blocks from Eastern Market Metro Station, a short walk to Eastern Market, the Congressional offices, the Library of Congress, Pennsylvania Avenue, and a quick 10-minute drive to Washington Reagan Airport and the new Amazon HQ2.
Feb 24, 2022 No longer available -
No longer available
Show More

Property Highlights

Parking Available
Parking Details
Parking Features: On Street
Interior Details
Full Bathrooms: 8
Exterior Details
Square Footage: 5040
Square Footage Source: $0
Property Condition: Very Good
Architectural Style: Beaux Arts
Year Built Source: Assessor
Year Built: 1848
Levels: 3
Other Structures: Above Grade, Below Grade
Construction Materials: Stone
Lot Features: Corner Lot, Front Yard, Level, SideYard(s)
Lot Size Area: 1610
Lot Size Units: Square Feet
Lot Size Acres: 0.04
Lot Size Square Feet: 1610
Water Source: Public
Financial Details
Tax Assessed Value: $2,903,890
Tax Annual Amount: $24,683
Utilities Details
Cooling Type: Other, Ductless/Mini-Split
Heating Type: Other
Sewer : Public Sewer

Building Info

Overview

    General

  • Year Built: 1848
  • Effective Year Built: 2014
  • Building Count: 1
  • Total Rooms: 24
  • Bedroom Count: 0
  • Full Bathrooms: 6
  • Building Condition: 6
  • Building Quality: 1
  • Construction Type: 2
  • Building Style: 0
  • Exterior Walls Type: 11
  • Interior Walls Type: 0
  • Roof Shape Type: 6
  • Roof Cover Type: 17
  • Floor Count: 300
  • Living Units: 6
  • Business/Commerical Units Count: 6
  • Floor Cover: 0
  • Basement Type: 8
  • Basement Area: 278
  • Garage Type: 0
  • Parking Space Count: 0
  • Patio Type: 0
  • Porch Type: 0
  • Pool Type: 0

    Dimensions

  • Lot Size Square Feet: 1,610
  • Total Building Area: 5,698
  • Gross Building Area: 5,698
  • Building Area: 5,420
  • Building Area Measurement: L

    Heating and Cooling

  • Air Conditioning: 0
  • Heating: 10
  • Heated Square Feet: 5,420
  • Heating Fuel Type: 0

    Utilities

  • Sewer System: 0
  • Water Service: 0

Building

  • Building Type: 0
  • Property Class: R
  • Subdivision: CAPITOL HILL
  • Land Acres: 0000000037
  • Standard Land Use Code: 1112
  • County Land Use Code: 021
  • Legal Description 1: SQUARE 0949 LOT 0040 NBHD: CAPITOL HILL

Neighborhood

  • School District Name: District of Columbia Public Schools
  • Census Tract: 007000

Zoning

  • Zoning: RF-1

Geography

  • Assessors Map Reference: 02-0243
  • Parcel: 0949- -0040
  • Block: 949
  • Lot: 40
  • Municipality: WARD 6
  • Latitude: 38.8825
  • Longitude: -76.9936

    Address

  • Full Address: 500 9th St Se
  • Address - House Number: 500
  • Street Segment Direction: SE
  • Address - Street Name: 9th
  • Address - Suffix Type: St
  • State: DC
  • City Name: Washington
  • Carrier Code: C039
  • 4-Digit Zip Code: 2838
  • Zip Code: 20003

Valuation

    Tax

  • Tax Year: 2023
  • Tax Amount: $2,837,072
  • Tax Rate Code Area: 001

    Appraisal Valuation

  • Standard Deviation: 0.2969
  • Valuation Date: Oct 04, 2023
  • Confidence Score: 40
  • Final Value: 803,677
  • High Value: 1,042,304
  • Low Value: 565,049

    Market Valuation

  • Market Total Value: $3,337,730
  • Market Land Value: $455,860
  • Market Improvement Value: $2,881,870

    Assessments Valuation

  • Assessed Year: 2023
  • Assessed Total Value: $3,337,730
  • Assessed Land Value: $455,860
  • Assessed Improvements Value: $2,881,870

    Sales

  • Current Sale Contract Date: Jan 09, 2014
  • Current Sale Recording Date: Jan 14, 2014
  • Current Sale Price:
  • Current Sale Document Type: 71
  • Current Sale Input Document Number: 2014004335

    Financing

  • First Mortgage Financing Type: FIX
Data used for valuation calculations is provided by RealtyHop, and other third party sources

Comparables

Unit
Status
Type
Beds
Baths
ft²
Price/ft²
Asking Price
Listed On
Closing Price
Sold On
HOA + Taxes

About Southeast Washington


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Frequently Asked Questions

When was property at 500 9th Street Southeast built and last sold?
The property at 500 9th Street Southeast was built in 1848 and last sold on Jan 9, 2014 for $2,400,000.
How much is this home worth?
The estimated value of the home located at 500 9th Street Southeast is $2,525,000.
What are some comparable homes to 500 9th Street Southeast?
There are currently no comparable homes to 500 9th Street Southeast.