426 CONDON Ter SE Washington, DC 20032
New
- Added:
- Apr 15, 2026
- Days on Market:
- 2
- Last Refresh:
- Apr 4 at 7:06 am
Property Features for 426 CONDON Ter SE
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1950
Listing agent Ari Firoozabadi (202) 280-2722
Listing office GREYSTEEL COMPANY LLC (202) 280-2722
Listing date Apr 15, 2026
Source Elliman
Displayed information is deemed reliable but is not guaranteed and should be independently verified.
All listing content including descriptions, pricing, images are the copyrighted material of GREYSTEEL COMPANY LLC
Overview
Multifamily Investment Opportunity
This four-unit multifamily property is located in the Washington Highlands neighborhood. The building features three 2-bedroom, 1-bathroom units and one 4-bedroom, 1-bathroom unit. With 50% occupancy, the property is suitable for investors seeking value-add potential and owner-occupants looking to reduce housing costs through rental income. The occupied units generate rents of $700 (2BR) and $1,000 (4BR). As a four-unit property, it qualifies for DC’s rent control exemption for first-time multifamily owners, allowing for market-based rent increases. With two vacant units, this property presents an opportunity for an owner-occupant to live on-site while collecting income from the remaining units. The unit mix consists of three two-bedroom units and one four-bedroom unit. The vacant units offer upside through renovations and market-rate leasing. The property is located next to the Washington Highlands Recreation Center and is a two-minute walk to Hendley Elementary School and Oxon Run Park. The property is located directly on the C13 Metrobus line, with access to the C15 line. These routes provide connectivity to Potomac Ave and Anacostia Metro stations, as well as key destinations throughout Southeast DC.
Location Intelligence
Current Use by Public Records
Quadplexes
Map
- City
- Washington
- County
- District of Columbia
- State
- District of Columbia
- Longitude
- -76.9997696
- Latitude
- 38.8320193
Nearby Similar for Sale
FAQs
What type of property is this?
Quadplex - Four-unit multifamily property in Washington Highlands neighborhood.
Where is this quadplex located?
The property is located at 426 CONDON Ter SE Washington, DC.
What is the asking price?
The asking price for this property is $490,000.
What are key features of this property?
This property features: Rent Control Exemption: Market‑based rent increases allowed.; Ideal for Owner‑Occupant: Live on‑site and collect income.; Value‑Add Potential: Renovate vacant units for increased income.
