121 Raleigh Street SE presents a compelling value-add investment opportunity in one of Washington, DC’s most rapidly advancing neighborhoods. This 1931 American Foursquare offers 2,773 square feet of interior space, strong structural bones, and a flexible footprint—ideal for renovation, repositioning, or long-term hold strategies. The property includes 4 bedrooms, 1 full bath plus 2 half baths, formal living and dining rooms, kitchen with breakfast nook, study, attic, and a full basement with three additional storage rooms. Multiple entrances, a one-car enclosed garage, and additional porch storage support a range of configurations, including single-family enhancement or alternative layout concepts (buyer to verify zoning and use). Mechanical systems include gas radiator heat, electric water heater, ceiling fans, and individual A/C units. The home was previously wired for Verizon FiOS, and accessibility features (chair lift and walk-in spa tub) add optional appeal for aging-in-place or specialty housing concepts. A key differentiator is the included adjacent lot, providing rare outdoor space and future optionality within the District—whether for expanded use, enhanced outdoor amenities, or value preservation. The property’s elevated position offers long-range views and situates it near historically significant Battery Carroll, part of the Civil War–era defensive network that once protected the capital. The surrounding area continues to benefit from sustained public and private investment, including proximity to major District and federal government facilities on the historic St. Elizabeths campus—an anchor that supports long-term economic resilience. Nearby amenities include a world-class USTA tennis facility, sports and arts venues, a new medical center, farmers markets, and the arena home of the Washington Mystics. Transit connectivity is strong, with access to the Green Line Metro, multiple bus routes, I-295, and the Capital Beltway. Offered AS-IS at $550,000.00. An exceptional opportunity for investors seeking scale, land, and appreciation potential in a corridor positioned for continued growth.
Single-familyProperty Type
1931Year Built
6,156 sq ftLot Size
$198Price/Sq.Ft.
1 garage spacesParking
Listed by Cynthia Marshall-McFarland• Berkshire Hathaway HomeServices PenFed Realty
Est. $2,484 per month, based on comparable rentals
Sale and tax history for 121 Raleigh St SE
Sale History
Tax History
Date
Event
Price
BRIGHT MLS #DCDC2235528
Mar 31, 2026
Sold
$550,000
$198/sq ft
Feb 28, 2026
Contingent
—
Dec 29, 2025
Listed
$550,000
$198/sq ft
Dec 27, 2025
Coming Soon
$550,000
$198/sq ft
BRIGHT MLS #DCDC2212032
Nov 21, 2025
Listing Removed
—
Aug 31, 2025
Price Changed
$599,999
$216/sq ft
Aug 1, 2025
Relisted
—
Jul 27, 2025
Listing Removed
—
Jul 22, 2025
Listed
$650,000
$234/sq ft
BRIGHT MLS #DCDC2112432
Dec 4, 2024
Listing Removed
—
Sep 29, 2023
Listed
$750,000
$270/sq ft
Sep 18, 2023
Coming Soon
*
Public Records
Aug 14, 1974
Sold
$45,000
$16/sq ft
Year
Property tax
Land + Additions
Assessment*
2025
$3,368 (+205.3%)
$174,030 + $277,440
$451,470
2024
$1,103 (+0.8%)
$171,320 + $274,400
$445,720
2023
$1,094
$166,950 + $264,740
$431,690
2022
$1,095 (+4.1%)
$162,210 + $254,180
$416,390
2021
$1,052 (+4.7%)
$154,080 + $222,300
$376,380
2020
$1,005 (+4.6%)
$150,210 + $205,180
$355,390
2019
$960 (+4.3%)
$138,200 + $196,850
$335,050
2018
$921 (+9.6%)
$131,120 + $197,630
$328,750
2017
$840 (+9.7%)
$131,120 + $197,630
$328,750
2016
$766 (+9.7%)
$128,970 + $198,670
$327,640
2015
$698 (+9.3%)
$114,130 + $123,270
$237,400
2014
$639 (−4.2%)
$109,640 + $111,140
$220,780
2013
$667 (−10.9%)
$109,640 + $111,140
$220,780
2012
$749 (+10.0%)
$116,410 + $109,660
$226,070
2011
$681 (+10.0%)
$118,500 + $158,720
$277,220
2010
$619 (+10.0%)
$133,770 + $165,660
$299,430
2009
$563
$151,130 + $179,480
$330,610
Public record
Public record
Zoning
Beds
4
Baths
1.5
Stories
2
Lot width
—
Lot depth
—
Lot size
6,156 Sq. Ft.
Year renovated
—
Sq. Ft.
1,976
Year built
1931
Style
Single Family Residential
County
District of Columbia
APN
6068 0045
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jun 29, 2026.
R-2
Residential House Zone 2
The purpose of the R-2 zone is to: Provide for areas with semi-detached houses; and Protect these areas from invasion by denser types of residential development.; The R-2 zone is intended to provide for areas predominantly developed with semi-detached houses on moderately sized lots that also contain some detached houses.
Permitted uses
Include but are not limited to:
Agriculture
Religious facility
Hospital / medical center
Housing-Group
Housing-Senior
Public service
Educational/school
Recreation
Property details
Parking
Parking Information
# of Attached Garage Spaces: 1
Garage Features: Garage - Side Entry
# of Total Garage and Parking Spaces: 2
Has Garage
# of Garage Spaces: 1
Driveway - # of Spaces: 1
Attached Garage, Driveway, Off Street, Parking Lot
School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
School District Source: Listing Agent
Location Information
In City Limits
Directions: GPS
Public facts
Beds: 4
Baths: 1.5
Sq. Ft.: 1,976
Stories: 2.0
Lot Size: 6,156 square feet
Style: Single Family Residential
Year Built: 1931
Year Renovated: —
County: District of Columbia
APN: 6068 0045
Home facts updated by county records on Jun 29, 2026
Around this home
Schools
Simon Elementary School
Public PreK-5 • Assigned • 0.5mi
4/10
Hart Middle School
Public 6-8 • Assigned • 0.5mi
4/10
Ballou High School
Public 9-12 • Assigned • 0.3mi
3/10
Provided by GreatSchools
Local insights from Redfin agents
Washington, DC is known for being the nation’s capital, home to iconic landmarks like the White House, U.S. Capitol, and Smithsonian museums. It’s also recognized for its rich history, diverse neighborhoods, and world-class dining, culture, and...