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1-Bedroom Residential Income Condo
For Sale
$50,000

428 RIDGE ROAD SE Unit 305, Washington, DC 20019

Condominium unit requiring kitchen, flooring, ceiling, and paint updates before occupancy.

Property Size844 SF
Days on Market102

Property Features for 428 RIDGE ROAD SE Unit 305

General Information

Standard status Active
Size 844 SF
Property subtype Unit/Flat/Apartment

Property Condition

Severity Repairs Needed
Evidence plan on gutting it

Units

Unit Mix 1 x 1BR/1BA
Multifamily Units 1

Additional Details

Public Transit Yes

Taxes and HOA fees

Annual Taxes $512

Building Details

Building Size 844 SF
Year Built 1958
Listing Agency: Samson Properties
Listed By: Matt Naha · License #sp40002975
Source: Kwcapitalproperties
Added: May 22 Changed: Aug 30 Last Checked: Aug 30 at 8:47AM

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 Samson Properties

Investment Insights

Based on property information with market context.

This 1-bedroom, 1-bath condominium unit is located within the Ridgecrest Condominium Association and was built in 1958. The interior includes generous closet storage, a linen closet, and a mirrored wall at the entry. Ceiling drywall has been patched and taped but still requires sanding and painting.

The kitchen requires substantial renovation, with older cabinetry, a coil-top range, a basic refrigerator, laminate countertops, and exposed ceiling conduit. Flooring and broader interior improvements are also needed. The property is near Benning Road Metro and is not historic. It is offered as-is, and the absence of a master insurance policy for the building means bank financing is not available; cash purchase is required.

Key Highlights

  • 1‑bedroom, 1‑bath condominium unit
  • Built in 1958 within Ridgecrest Condominium Association
  • Kitchen includes older cabinets, coil‑top stove, basic refrigerator, laminate counters, and exposed ceiling conduit

Property Analytics

Current Use

Residential income properties

Suggested Use

Top Pick Law Firm Real Estate Agency Hair Salon Spa & Massage Center Nail Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

560
Businesses Nearby

Demographics for 20019, DC

59,601
Population
29,244
Households
2
Avg Household Size
36
Median Age
25%
College-Educated
86%
High-School Grad
6.1 sq mi
ZIP Area
9,771
Density / Sq Mi
$57,031
Median Household Income
$49,707
Median Earnings
$1,174
Median Rent
$437,600
Median Home Value
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Residential income property - Condominium unit requiring kitchen, flooring, ceiling, and paint updates before occupancy.
Where is this residential income property located?
The property is located at 428 RIDGE ROAD SE Unit 305 Washington, DC.
What is the asking price?
The asking price for this property is $50,000.
What are key features of this property?
This property features: 1‑bedroom, 1‑bath condominium unit; Built in 1958 within Ridgecrest Condominium Association; Kitchen includes older cabinets, coil‑top stove, basic refrigerator, laminate counters, and exposed ceiling conduit
More about this property
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