535 3rd St NE
Description
Live in one unit and legally operate short-term rentals in the other two, maximizing your income...Unlock the potential of city living with this 3-unit rowhouse, perfectly situated in the heart of Washington DC, just 2 blocks from Union Station. This unique property offers two 1-bedroom units and one studio unit, all fully vacant and ready for your vision. Whether you're an enterprising first-time homebuyer or an investor, this home presents a rare opportunity to create a profitable, cash-flowing asset.
Live in one unit and legally operate short-term rentals in the other two, maximizing your income through platforms like Airbnb or VRBO. This prime location—just 7 blocks from the US Capitol and 4 blocks from the Hart Senate Office Building—makes it a magnet for short-term renters seeking the convenience of a walkable neighborhood filled with fantastic restaurants, grocery stores, and cafes. Imagine your tenants enjoying their morning coffee at the charming Union Kitchen bodega, right across the street.
With tree-lined streets and a vibrant community, this rowhouse is livable as-is but offers tremendous potential for updates to significantly increase rental income. A lovely deck in the back adds to the appeal, providing a perfect spot for relaxation or entertaining.
This property also qualifies for renovation financing with as little as 3.5% down, making it even more accessible. Don’t miss out on this rare opportunity to own a piece of DC’s thriving rental market and secure your financial future.
Listing Agent
![Avery Boyce]()
P: (202)-422-3081
Property Details for 535 3rd Street Northeast
Property Details for 535 3rd Street Northeast
| Status | Closed |
|---|---|
| MLS # | DCDC2154202 |
| Days on Market | 12 |
| Taxes | $7,740 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Property Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1910 |
| Lot Size | 0.02 AC / 825 SF |
| County | District of Columbia |
| Buyer's Agent Compensation | 2.5% |
Location
Sold By Compass
Building Information for 535 3rd Street Northeast
Payment Calculator
$5,316 per month
30 year fixed, 6.55% Interest
$4,671
$645
$0
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1Property Information for 535 3rd Street Northeast
- In City Limits: Yes
- School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
- School District County ID: 121140357950
- SchoolDistrictSource: Listing Agent
- Elementary School: LUDLOW-TAYLOR (WASHINGTON DC)
- ElementarySchoolSource: Listing Agent
- Middle Or Junior School: STUART-HOBSON (WASHINGTON DC)
- MiddleSchoolSource: Listing Agent
- High School: EASTERN (WASHINGTON DC)
- HighSchoolSource: Listing Agent
- County: WASHINGTON
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Tax Year: 2023
- Tax Assessed Value: $910,610
- Year Assessed: 2023
- County Tax: $0
- Improvement Assessed Value: $377,310
- City Town Tax: $7,740
- Land Assessed Value: $533,300
- Clean Green Assessed: No
- Land Use Code: 0
- Historic: Yes
- Zoning: R4
- Tax Lot: 92
- School Tax: $0
- Automatically Update Tax Values Y/N: Yes
- Single Room Units Count: 1
- One Bedroom Units Count: 2
- Two Bedroom Units Count: 0
- Three Bedroom Units Count: 0
- Number Of Units Vacant: 3
- Building Level Count: 3
- Building Units Total: 3
- Total Finished SQFT: 1,560.00
- Total Finished SQFT Source: Assessor
- Tax Total Finished SQFT: 1,560.00
- Total SQFT: 1,810.00
- Total SQFT Source: Estimated
- Construction Materials: Brick
- Flooring Type: Hardwood
- Basement Type: Outside Entrance, Sump Pump, Other
- Foundation Details: Other
- Other Structure: Above Grade, Below Grade
- Lot Size Source: Assessor
- Soil Types: Urban Land-Sassafras-Chillum
- Location Type: Urban
- Parcel ID: 15986397
- Type Of Parking: On Street
- Interior Features: Wood Floors
- Fireplace: No
- Appliances: Oven/Range - Gas, Refrigerator
- Accessibility Features: None
- Window Features: Bay/Bow
- Virtual Tour URL Unbranded: https://my.matterport.com/show/?m=J4xKDKsVBvZ
- Outdoor Living Structures: Deck(s)
- Pool: No Pool
- Heating: Yes
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Hot Water
- Heating Fuel: Natural Gas
- Hot Water: Natural Gas
- Water Source: Public
- Sewer Septic: Public Sewer
- List Agent AOR: Greater Capital Area Association of REALTORS
- List Agent URL: www.cityandsky.com
Property History for 535 3rd Street Northeast
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| Oct 18, 2024 | Closed (Public Record) Public Record #1543820743 | $919,000 | — |
| Oct 18, 2024 | Closed BRIGHT #DCDC2154202 | $919,000 | — |
| Sep 15, 2024 | Pending BRIGHT #DCDC2154202 | — | |
| Sep 15, 2024 | Active Under Contract BRIGHT #DCDC2154202 | — | |
| Sep 4, 2024 | Listed (Active) BRIGHT #DCDC2154202 | $899,999 | — |
| Nov 14, 2003 | Closed BRIGHT #DCDC219240 | $487,000 | — |
| Oct 3, 2003 | Pending BRIGHT #DCDC219240 | — | |
| Sep 5, 2003 | Listed (Active) BRIGHT #DCDC219240 | $495,000 | — |
| Jun 20, 2000 | Closed BRIGHT #DCDC258398 | $207,000 | — |
| Feb 24, 2000 | Pending BRIGHT #DCDC258398 | — | |
| Jan 8, 2000 | Listed (Active) BRIGHT #DCDC258398 | $209,000 | — |
| Date | Event & Source | Price |
|---|---|---|
| 10/18/2024 | Closed (Public Record) Public Record #1543820743 | $919,000 |
| 10/18/2024 | Closed BRIGHT #DCDC2154202 | $919,000 |
| 09/15/2024 | Pending BRIGHT #DCDC2154202 | — |
| 09/15/2024 | Active Under Contract BRIGHT #DCDC2154202 | — |
| 09/04/2024 | Listed (Active) BRIGHT #DCDC2154202 | $899,999 |
| 11/14/2003 | Closed BRIGHT #DCDC219240 | $487,000 |
| 10/03/2003 | Pending BRIGHT #DCDC219240 | — |
| 09/05/2003 | Listed (Active) BRIGHT #DCDC219240 | $495,000 |
| 06/20/2000 | Closed BRIGHT #DCDC258398 | $207,000 |
| 02/24/2000 | Pending BRIGHT #DCDC258398 | — |
| 01/08/2000 | Listed (Active) BRIGHT #DCDC258398 | $209,000 |
For completeness, we often displays two records for one sale: the MLS record and the public record.
Public Records for 535 3rd Street Northeast
Schools near 535 3rd Street Northeast
Rating | School | Type | Grades | Distance |
|---|---|---|---|---|
| Public - | PK to 5 | |||
| Public - | 6 to 8 | |||
| Public - | 9 to 12 | |||
| Public - | PK to 8 |
Rating | School | Distance |
|---|---|---|
Ludlow-Taylor Elementary School PublicPK to 5 | ||
Stuart-Hobson Middle School Public6 to 8 | ||
Eastern High School Public9 to 12 | ||
Capitol Hill Montessori @ Logan PublicPK to 8 |
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
Nearby home values
| Address | Sold price | Beds | Baths | Sqft | Lot AC |
|---|---|---|---|---|---|
$759,000 | 3 | 3 | – | 0.02 | |
$894,500 | 3 | 3 | 1,560 | 0.02 | |
$629,000 | 3 | 2 | – | 0.02 | |
– | 3 | 2 | 1,590 | – | |
$601,000 | – | 3 | 1,575 | 0.02 | |
– | – | 2 | 2,086 | 0.04 | |
– | – | 3 | 2,130 | 0.04 | |
$2,375,000 | 5 | 6 | 3,588 | 0.04 | |
– | 3 | 3 | 1,468 | – | |
$875,000 | – | – | 4,567 | – | |
– | – | 3.5 | 1,788 | 0.04 | |
– | 3 | 2 | 1,530 | – | |
$1,260,000 | 4 | 5 | – | 0.04 | |
$1,400,000 | – | 3.5 | 1,682 | 0.03 | |
– | 3 | 2 | 1,528 | – |
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No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim 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 seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.
© 2026 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 10/19/2024 12:04 AM