RARE Detached Single Family home in DC
BUY NOW PRICE = $300K
- 3 Bed / 3 Bath
- 1,176 AG SF | 2,352 Total SF
- Lower level: 882 finished / 294 unfinished
- Lot: 4,500 SF (0.10 ac)
- Type: Raised rancher
- Built: 1964
- Ask: $300k
- ARV: $550,000
- Close: March 20, 2026
- Tax assessment: $421,820
CONDITIONFull interior update + layout work
What you keep
- Brick exterior
- Ductwork already in place for heating/cooling
- Lower level has usable finished space plus separate utility/storage area
What you replace/update
- Kitchen
- Baths (2.5 total)
- Flooring, paint, trim, fixtures throughout
- Open up walls to improve flow (straightforward drywall work)
- Clean-out + standard punch list
PHOTO NOTES
- Raised rancher layout: main level + lower level gives you clean separation for living space vs bonus space.
- Light: large front window and basement windows help once you clear clutter and brighten finishes.
- Lower level: multiple rooms plus utility/laundry area. Great as rec/office/guest space.
- Lot/topography: house sits up with a longer stair approach; buyers see it immediately.
COMPS / ARV
- 500 47th Pl NE — $499,950
- 4441 A St SE — $499,900
- 4253 Eads St NE — $600,000
ARV read
- $500k supports an average finish outcome
- $600k supports the top end with a stronger finish package + clean flow
- $550k sits in the middle and matches a clean renovation with layout improvements
EXIT POSITIONINGFlip
- Works for a buyer who wants a DC renovation without the rowhouse-to-studs scope
- Value comes from finishes + opening the layout, not adding square footage
- Lower level presentation matters for resale
WHY THIS DEAL WORKS
$300k ask vs $421,820 tax assessmentDrywall layout changes (faster and cheaper than masonry rework)Ductwork already in place2,352 total SF with usable lower level space
Close date : March 20, 2026
NEXT STEP
Reach out for access and walkthrough details for 4404 Banks Pl NE.Send your offer with proof of funds