500 Tennessee Ave NE

$1,220,000
Price
Beds
Baths
3,584 Sq. Ft.
$340 / Sq. Ft.
3,584
Sq. Ft.
$340
per Sq. Ft.

Description

Prime Capitol Hill Investment Opportunity | Exceptional and separately metered 4-unit property in pristine condition—ideal for investors seeking strong rental income and long-term growth. The building features two 2-bed/1-bath units and two 1-bed/1-bath units; three are vacant and ready for lease, while one 2-bed unit is occupied under a $3,000/month long-term lease. Bright, spacious interiors with parquet floors, newer appliances, and abundant natural light. Solid brick construction with flat roof,...Prime Capitol Hill Investment Opportunity | Exceptional and separately metered 4-unit property in pristine condition—ideal for investors seeking strong rental income and long-term growth. The building features two 2-bed/1-bath units and two 1-bed/1-bath units; three are vacant and ready for lease, while one 2-bed unit is occupied under a $3,000/month long-term lease. Bright, spacious interiors with parquet floors, newer appliances, and abundant natural light. Solid brick construction with flat roof, basement laundry, and fenced outdoor area. Unbeatable location just steps to H Street dining and shopping, Lincoln Park, Capitol Hill, Stadium-Armory Metro, and the new RFK redevelopment. A rare opportunity to own a turnkey multi-unit asset in one of D. C.’s most desirable neighborhoods.

Property Details for 500 Tennessee Avenue Northeast

Tax ID Number
1052//0038
Ownership
Fee Simple
Structure Type
Detached
Style
Colonial
Waterfront
No
Garage
No
Subdivision
CAPITOL HILL
Subdivision
CAPITOL HILL (WASHINGTON DC)
LISTING UPDATED: 12/06/2025 11:13 AM

Property Details for 500 Tennessee Avenue Northeast

StatusActive Under Contract
MLS #DCDC2230972
Days on Market27
Taxes$10,683 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1950
Lot Size0.07 AC / 3,000 SF
CountyDistrict of Columbia

Location

Listing Courtesy of Long & Foster Real Estate, Inc.
Add your commute

Building Information for 500 Tennessee Avenue Northeast

Stories-Residences4Year Built1950Building Size-Lot Size0.07 AC / 3,000 SF

Payment Calculator

$6,919 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,028

Property Taxes

$890

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 500 Tennessee Avenue Northeast

Location
Location
  • In City Limits: Yes
  • Transportation: Airport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station 1 to 3 miles
  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District County ID: 121140357950
  • SchoolDistrictSource: Listing Agent
  • County: WASHINGTON
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $1,205,770
  • Year Assessed: 2025
  • County Tax: $0
  • Improvement Assessed Value: $605,860
  • City Town Tax: $10,683
  • Land Assessed Value: $599,910
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: RF-1
  • Tax Lot: 38
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Lease Information
Lease Information
  • Owner Pays: Water, Common Area Maintenance
  • Rent Control: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 2
  • Three Bedroom Units Count: 0
  • Units Leased Count: 1
  • Number Of Units Vacant: 3
  • Number Of Units Month To Month: 1
  • Rent Control: No
Financial Information
Expenses
  • Operating Expense Includes: Insurance, Trash
  • Insurance Expense: $3,500
  • Trash Expense: $2,400
  • Pest Control Expense: $600
  • Other Expense: $3,600
Financial Information
  • Existing Lease Type: Month to Month
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 3,584.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Features: Corner, Level, Front Yard
  • Soil Types: Unknown
  • Parcel ID: 15997083
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Interior Features: Floor Plan - Traditional, Kitchen - Galley, Dining Area, Window Treatments, Wood Floors, Combination Dining/Living
  • Fireplace: No
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: Electric
  • Heating Type: Forced Air
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Capital Area Association of REALTORS
  • List Agent URL: www.andrewpariser.com

Property History for 500 Tennessee Avenue Northeast

DateEvent & SourcePriceAppreciation
Dec 3, 2025

Active Under Contract

BRIGHT #DCDC2230972

Nov 10, 2025

Listed (Active)

BRIGHT #DCDC2230972

$1,220,000
DateEvent & SourcePrice
12/03/2025

Active Under Contract

BRIGHT #DCDC2230972

11/10/2025

Listed (Active)

BRIGHT #DCDC2230972

$1,220,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 500 Tennessee Avenue Northeast

Taxable ValueLand$596,940Additions$659,870Total$1,256,810
Tax Record2025$10,683 ($890 / month)
Home Facts
Baths4Total Finished SqFt3,584 SqFtAbove Grade Finished SqFt3,584 SqFtStories2Lot Size3,000 SqFtStyleMulti-Family Dwelling (2-4)Year Built1950ZoningRF-1CountyDISTRICT OF COLUMBIAAPN1052 0038

Schools near 500 Tennessee Avenue Northeast

This home is within District Of Columbia Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 8
Public - 9 to 12
Public - PK to 5
Rating
School
Distance
Miner Elementary School
PublicPK to 5

Eliot-Hine Middle School
Public6 to 8

Eastern High School
Public9 to 12

School-Within-School @ Goding
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Long & Foster Real Estate, Inc.

© 2025 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 12/06/2025 11:13 AM