4839 JAY ST NE Open House Save Request In-Person Tour Request Virtual Tour
Washington,DC 20019
OPEN HOUSE
Sat Sep 06, 2:00pm - 3:00pm Sun Sep 07, 12:30pm - 1:30pm
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,381 sqft
Price per Sqft $146
Subdivision Deanwood
MLS Listing ID DCDC2217370
Style Colonial
Bedrooms 3
Full Baths 1
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 1,200
Year Built 1924
Annual Tax Amount $588
Tax Year 2024
Lot Size 2,381 Sqft
Acres 0.05
Property Sub-Type Detached
Source BRIGHT
Property Description
๐ Unique Washington, DC Development Opportunity: 2 Homes for 1 Price!
๐ Address: 4839 Jay Street NE, Washington, DC 20019
๐๏ธ Includes: Existing Home + Two Additional Buildable Lots
๐ Total Land Area: Approx. 11,524 sq ft (Combined)
๐๏ธ Zoning: R-2 (Residential, Semi/Detached)
๐ก Ideal for: Developers & FHA 203(k) Homebuyers
๐ At-A-Glance
Don't miss this rare opportunity to own not just a home, but a future development site. For one bundled price, you get:
โ
A classic 3-bedroom, 2-bathroom detached home on two lots (0032 & 0033)
โ
Two adjacent vacant lots (0034 & 0801) zoned R-2 and ready for new construction
โ
A combined assemblage totaling over 11,500 sq ft of land
โ
Perfect for new builds, additions, guest homes, or long-term investments
โ
Located in sought-after Deanwood, one of DC's most promising growth zones
๐ก Existing Home โ 4839 Jay Street NE
Type: Detached, 2-story + Basement
Bedrooms/Baths: 3 BR / 2 BA
Living Area: 1,200โ1,602 sq ft
Lot Size: 4,762 sq ft
Year Built: 1924
Features: Brick exterior, original hardwoods, hot water heating
Condition: Livable and eligible for FHA 203(k) renovation financing
With some updates and TLC, this home has fantastic value-add potentialโperfect for a homebuyer looking to build equity or an investor seeking returns.
๐ฑ Vacant Lots โ Jay Street NE (Lots 0034 & 0801)
Zoning: R-2 (Low-Density Residential)
Size: Combined approx. 6,762 sq ft
Zoning Potential: Detached or Semi-Detached Homes
Build Guidelines:
Minimum Lot Area: 4,000 sq ft
Max Height: 40 ft (3 stories)
Max Lot Occupancy: 40%
Setbacks: 20 ft rear, 8 ft side
Developers can build new housing in a neighborhood that is already experiencing growth and revitalization. The site offers flexible configurations and excellent scale possibilities.
๐ง Development + Financing Scenarios
For Developers:
Build & Sell: Construct 1โ2 new homes next to an income-producing unit
Live & Build: Renovate the main house and develop additional lots in phases
For FHA 203(k) Buyers:
Finance Renovations: Use HUD's renovation program to upgrade the existing home
Future Expansion: One loan can fund purchase and renovation, or even site work on adjacent lots
๐ Location Highlights:
Minutes to Minnesota Ave & Benning Road Metro Stations
Easy commute to Capitol Hill or downtown DC
Nearby amenities: Marvin Gaye Park, Deanwood Library, schools, & shopping
Located on a quiet, residential block with upward neighborhood trends
๐ One Property. Two Houses. Limitless Potential.
Whether you're a developer seeking new build opportunities or a homebuyer ready to design your dream home with expansion potential, this property delivers uncommon flexibility and long-term upside.
โจ Two houses for the price of one. Renovate and build your future. โจ
๐ Schedule a Tour or Strategy Consult Today!
๐ฑ Anthony R. Bolling, JD, CCIM
๐ก Associate Broker | Keller Williams Preferred Properties
Let's explore how your next homeโor investmentโstarts right here on Jay Street NE.
Location
State DC
County Washington
Zoning R
Rooms
Basement Connecting Stairway,Unfinished
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 3
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories 3
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Pets Allowed Y
Senior Community No
Tax ID 5149//0033
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash,Conventional,FHA 203(k),VA
Listing Terms Cash,Conventional,FHA 203(k),VA
Financing Cash,Conventional,FHA 203(k),VA
Special Listing Condition Auction,Standard
Pets Allowed No Pet Restrictions
Virtual Tour https://youtu.be/Hhl_lODz5ls