$11,500 / Month
430 Condon Terrace SE
Washington, DC 20032
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877-561-7397
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Bedrooms
15
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Bathrooms
5
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Square Feet
3,246 sq ft
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Available
Available Now
Highlights
- Contemporary Architecture
- 90% Forced Air Heating System
430 Condon Terrace SE
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About This Home
Available Now
Rare investment opportunity in Southeast Washington, D.C. 430 Condon Terrace SE is a fully vacant 5-unit multifamily building, each unit featuring 3 bedrooms and 1 bathroom and its own in unit laundry. This turnkey asset is being offered both for sale or as a master lease, providing flexible options for investors or operators looking to capitalize on the area's strong rental demand. Not subject to TOPA, this building allows for immediate acquisition or lease-up without tenant-related delays. The entire property was fully gutted and renovated in 2020, complete with new TPO roof, windows, floors, appliances, bathrooms, and more. Freshly painted. Previous Master Lease tenant rented each unit for $2,500/month. Market rents in the area range from $1,700-2,000+, making this an exceptional multifamily rental investment.The property presents significant income and value-add potential, with units that are ideal for workforce housing, co-living models, or long-term rentals. Delivered vacant, it s primed for renovation, repositioning, or development into a high-yield asset in one of D.C. s fastest-growing submarkets. Located just minutes from the Congress Heights Metro station, St. Elizabeths redevelopment, and the Entertainment & Sports Arena, the surrounding neighborhood is experiencing major public and private investment.Whether you're seeking a stabilized rental play, a redevelopment project, or a unique master lease opportunity, 430 Condon Terrace SE offers the scale, layout, and location to deliver exceptional returns.
430 Condon Terrace SE is a condo located in District of Columbia County and the 20032 ZIP Code.
* Price shown is base rent and may not include non-optional fees and utilities.
Price, availability, fees, and any applicable rent special are subject to change without notice.
* Square footage definitions vary. Displayed square footage is approximate.
Home Details
Home Type
Condominium
Year Built
Built in 1950 | Remodeled in 2020
Accessible Home Design
Entry on the 1st floor
Bedrooms and Bathrooms
15 Main Level Bedrooms
5 Full Bathrooms
Home Design
Contemporary Architecture
Brick Exterior Construction
Interior Spaces
3,155 Sq Ft Home
Property has 3 Levels
Laundry
Laundry in unit
Washer and Dryer Hookup
Listing and Financial Details
Security Deposit $12,500
12-Month Min and 48-Month Max Lease Term
Available 4/17/25
Assessor Parcel Number 6154//0817
No Smoking Allowed
Residential Lease
Parking
On-Street Parking
Utilities
90% Forced Air Heating System
Natural Gas Water Heater
Community Details
Overview
No Home Owners Association
Low-Rise Condominium
Congress Heights Subdivision
Pet Policy
No Pets Allowed
Fees and Policies
The fees below are based on community-supplied data and may exclude additional fees and utilities.
- Parking
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Street--
Location
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Amenities
- Washer/Dryer
- Washer/Dryer Hookup
- Heating
- Kitchen
- Refrigerator
Located about seven miles southeast of Downtown Washington, DC, Congress Heights is a historic neighborhood experiencing revitalization. The neighborhood is home to the historic Saint Elizabeth’s Hospital and the US Coast Guard headquarters. Congress Heights is emerging as a hub for leisure and sports thanks to the newly built Entertainment and Sports Arena and Gateway DC, a green space used for festivals, farmers markets, and other community events. As far as rentals, Congress Heights is one of the most affordable places to live in the capital with condos, apartments, houses, and 20th-century townhomes available for rent.
Although the neighborhood has garnered more attention recently for its newer additions, Congress Heights is known for its tight-knit community and rich culture. Block parties are common and locals gather at community spaces like the Town Hall Education Arts Recreation Campus and the Congress Heights Arts and Culture Center.
Learn more about living in Congress Heights
Education
| Colleges & Universities | Distance | ||
|---|---|---|---|
| Colleges & Universities | Distance | ||
| Drive: | 11 min | 6.4 mi | |
| Drive: | 11 min | 6.4 mi | |
| Drive: | 13 min | 7.1 mi | |
| Drive: | 13 min | 7.1 mi |
430 Condon Terrace SE is within 11 minutes or 6.4 miles from Georgetown Law. It is also near Georgetown and Georgetown Law.
Transportation options available in Washington include Congress Heights, Green Line Center Platform, located 1.6 miles from 430 Condon Terrace SE. 430 Condon Terrace SE is near Ronald Reagan Washington Ntl, located 10.1 miles or 18 minutes away, and Washington Dulles International, located 34.5 miles or 55 minutes away.
| Transit / Subway | Distance | ||
|---|---|---|---|
| Transit / Subway | Distance | ||
| Drive: | 4 min | 1.6 mi | |
| Drive: | 7 min | 2.0 mi | |
| Drive: | 6 min | 3.0 mi | |
| Drive: | 17 min | 7.9 mi | |
| Drive: | 17 min | 10.6 mi |
| Commuter Rail | Distance | ||
|---|---|---|---|
| Commuter Rail | Distance | ||
|
|
Drive: | 10 min | 6.0 mi |
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|
Drive: | 11 min | 6.0 mi |
|
|
Drive: | 14 min | 7.4 mi |
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|
Drive: | 14 min | 7.4 mi |
|
|
Drive: | 15 min | 8.7 mi |
| Airports | Distance | ||
|---|---|---|---|
| Airports | Distance | ||
|
Ronald Reagan Washington Ntl
|
Drive: | 18 min | 10.1 mi |
|
Washington Dulles International
|
Drive: | 55 min | 34.5 mi |
Time and distance from 430 Condon Terrace SE.
| Shopping Centers | Distance | ||
|---|---|---|---|
| Shopping Centers | Distance | ||
| Walk: | 17 min | 0.9 mi | |
| Walk: | 20 min | 1.1 mi | |
| Drive: | 5 min | 2.0 mi |
430 Condon Terrace SE has 3 shopping centers within 2.0 miles, which is about a 5-minute walk. The miles and minutes will be for the farthest away property.
| Parks and Recreation | Distance | ||
|---|---|---|---|
| Parks and Recreation | Distance | ||
|
Oxon Cove Park
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Drive: | 6 min | 2.5 mi |
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Frederick Douglass National Historic Site
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Drive: | 8 min | 3.0 mi |
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Anacostia Park
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Drive: | 7 min | 3.4 mi |
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Kenilworth Park & Aquatic Gardens
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Drive: | 7 min | 3.5 mi |
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Alexandria Archaeology Museum
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Drive: | 12 min | 6.4 mi |
430 Condon Terrace SE has 5 parks within 6.4 miles, including Oxon Cove Park, Frederick Douglass National Historic Site, and Kenilworth Park & Aquatic Gardens.
| Hospitals | Distance | ||
|---|---|---|---|
| Hospitals | Distance | ||
| Drive: | 3 min | 1.1 mi | |
| Drive: | 3 min | 1.4 mi | |
| Drive: | 15 min | 8.4 mi |
430 Condon Terrace SE has 3 hospitals within 8.4 miles, the nearest is United Medical Center which is 1.1 miles away and a 3 minute drive.
| Military Bases | Distance | ||
|---|---|---|---|
| Military Bases | Distance | ||
| Drive: | 5 min | 2.0 mi | |
| Drive: | 6 min | 3.1 mi |
430 Condon Terrace SE is 2.0 miles from Bolling Air Force Base, and is convenient to other military bases, including Anacostia Naval Station.
430 Condon Terrace SE Photos
About the Listing Agent
MJ Frazier
Real Broker, LLC
MJ leads RAZR Group, which services residential and development clients across the DMV. With a specialty in luxury homes sales as part of the elite REAL Luxury division - a division of only 0.7% of the most elite luxury agents in the nation's fastest growing brokerage - RAZR Group excels with proven and proprietary marketing tactics, negotiation strategies, and sales skills. RAZR Group is additionally well-versed in development, specifically in Washington DC, possessing compelling experience in all phases of development, including new construction, single family home rebuilds, condo conversion, and ground-up condo conversion. At any given time, RAZR Group has approximately 6-10 developments happening in DC.
MLS Number: 1
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430 Condon Terrace SE
Washington, DC 20032