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    1507 Erie St SE, Unit D Washington, DC 20020

    For Sale
    $175,000

    LAND - WASHINGTON, DC

    Lot size:
    0.06 Acres
    Days on Market:
    139
    Last Refresh:
    Dec 7 at 1:06 am

    Property Features for 1507 Erie St SE

    General Information

    Property type
    Land
    Property subtype
    Other
    Standard status
    Active
    Lot size
    0.06 Acres

    Keller Williams Capital Prop. (202) 243-7700 [email protected]

    Listing agent Joseph Ewing Martin Jr. (202) 243-7700 License #SP40003656

    Listing date Jul 22, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Three Lots in Growing Neighborhood

    This is an opportunity to acquire three adjacent lots on Erie Street SE, situated in a rapidly growing and revitalizing neighborhood. The three lots are being sold together, offering the potential for multiple townhomes with an estimated ARV of $620K per unit. The location has strong appreciation potential, convenient access to major thoroughfares, and is surrounded by ongoing development and community improvements. The combined lot size is 0.06 acres.
    Property Profile Location Intelligence

    Current Use by Public Records

    Residential land & home ...

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    District of Columbia
    State
    DC
    Longitude
    -76.98476
    Latitude
    38.85711

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    FAQs

    What type of property is this?
    Residential land & home lot - Three adjacent lots in a rapidly growing and revitalizing neighborhood.
    Where is this residential land & home lot located?
    The property is located at 1507 Erie St SE, Unit D Washington, DC.
    What is the asking price?
    The asking price for this property is $175,000.
    What are key features of this property?
    This property features: - Three adjacent lots being sold together.; - Located in a rapidly growing and revitalizing neighborhood.; - Estimated After Repair Value (ARV) of $620K per unit.
    (202) 243-7700
    Request Owner's contact information
    1507 Erie St SE, Unit D Washington, DC 20020
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    Washington, DC 20020
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1507 Erie St SE, Unit D Washington, DC 20020
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