4839 JAY ST NE new to site Save Request In-Person Tour Request Virtual Tour
Washington,DC 20019
Key Details
Property Type Single Family Home
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 1,602 sqft
Price per Sqft $265
Subdivision Deanwood
MLS Listing ID DCDC2217370
Style Colonial
Bedrooms 3
Full Baths 1
Half Baths 1
HOA Y/N N
Abv Grd Liv Area 1,200
Year Built 1924
Annual Tax Amount $588
Tax Year 2024
Lot Size 2,381 Sqft
Acres 0.05
Property Sub-Type Detached
Source BRIGHT
Property Description
🔑 Unique Washington, DC Development Opportunity: 2 Homes for 1 Price!
📍 Address: 4839 Jay Street NE, Washington, DC 20019
🏘️ Includes: Existing Home + Two Additional Buildable Lots
📏 Total Land Area: Approx. 11,524 sq ft (Combined)
🏗️ Zoning: R-2 (Residential, Semi/Detached)
💡 Ideal for: Developers & FHA 203(k) Homebuyers
👀 At-A-Glance
Don't miss this rare opportunity to own not just a home, but a future development site. For one bundled price, you get:
✅ A classic 3-bedroom, 2-bathroom detached home on two lots (0032 & 0033)
✅ Two adjacent vacant lots (0034 & 0801) zoned R-2 and ready for new construction
✅ A combined assemblage totaling over 11,500 sq ft of land
✅ Perfect for new builds, additions, guest homes, or long-term investments
✅ Located in sought-after Deanwood, one of DC's most promising growth zones
🏡 Existing Home — 4839 Jay Street NE
Type: Detached, 2-story + Basement
Bedrooms/Baths: 3 BR / 2 BA
Living Area: 1,200–1,602 sq ft
Lot Size: 4,762 sq ft
Year Built: 1924
Features: Brick exterior, original hardwoods, hot water heating
Condition: Livable and eligible for FHA 203(k) renovation financing
With some updates and TLC, this home has fantastic value-add potential—perfect for a homebuyer looking to build equity or an investor seeking returns.
🌱 Vacant Lots — Jay Street NE (Lots 0034 & 0801)
Zoning: R-2 (Low-Density Residential)
Size: Combined approx. 6,762 sq ft
Zoning Potential: Detached or Semi-Detached Homes
Build Guidelines:
Minimum Lot Area: 4,000 sq ft
Max Height: 40 ft (3 stories)
Max Lot Occupancy: 40%
Setbacks: 20 ft rear, 8 ft side
Developers can build new housing in a neighborhood that is already experiencing growth and revitalization. The site offers flexible configurations and excellent scale possibilities.
🔧 Development + Financing Scenarios
For Developers:
Build & Sell: Construct 1–2 new homes next to an income-producing unit
Live & Build: Renovate the main house and develop additional lots in phases
For FHA 203(k) Buyers:
Finance Renovations: Use HUD's renovation program to upgrade the existing home
Future Expansion: One loan can fund purchase and renovation, or even site work on adjacent lots
📍 Location Highlights:
Minutes to Minnesota Ave & Benning Road Metro Stations
Easy commute to Capitol Hill or downtown DC
Nearby amenities: Marvin Gaye Park, Deanwood Library, schools, & shopping
Located on a quiet, residential block with upward neighborhood trends
🔐 One Property. Two Houses. Limitless Potential.
Whether you're a developer seeking new build opportunities or a homebuyer ready to design your dream home with expansion potential, this property delivers uncommon flexibility and long-term upside.
✨ Two houses for the price of one. Renovate and build your future. ✨
📞 Schedule a Tour or Strategy Consult Today!
📱 Anthony R. Bolling, JD, CCIM
🏡 Associate Broker | Keller Williams Preferred Properties
Let's explore how your next home—or investment—starts right here on Jay Street NE.
Location
State DC
County Washington
Zoning R
Rooms
Basement Connecting Stairway,Unfinished
Interior
Hot Water Natural Gas
Heating Hot Water
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Story 3
Foundation Other
Sewer Public Sewer
Water Public
Architectural Style Colonial
Level or Stories 3
Additional Building Above Grade,Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Pets Allowed Y
Senior Community No
Tax ID 5149//0033
Ownership Fee Simple
SqFt Source Estimated
Acceptable Financing Cash,Conventional,FHA 203(k),VA
Listing Terms Cash,Conventional,FHA 203(k),VA
Financing Cash,Conventional,FHA 203(k),VA
Special Listing Condition Auction,Standard
Pets Allowed No Pet Restrictions
Virtual Tour https://youtu.be/Hhl_lODz5ls