Discover a prime investment opportunity in the heart of Columbia Heights! This charming 3-bedroom, 1-bathroom residential property, built in 1910, offers a unique blend of historic character and modern potential. With a compact lot size of just 0.04 acres, this property is designed for low maintenance, making it an ideal choice for investors seeking to maximize returns. The property's strategic location in a vibrant neighborhood ensures strong rental demand, providing an excellent opportunity for cash flow. The absence of a pool and extensive outdoor maintenance means lower ongoing costs, allowing for a more favorable net operating income. While the property currently lacks parking, the surrounding area offers ample street parking and is well-connected to public transportation options, enhancing its appeal to potential tenants. The interior is a blank canvas, ready for updates that can significantly increase rental value and overall market appeal. Investors will appreciate the potential for appreciation in this sought-after area, coupled with the opportunity to renovate and increase equity. With no homeowners association fees to contend with, your investment remains flexible and profitable. Seize this chance to add a valuable asset to your portfolio in a neighborhood poised for growth. Schedule a viewing today and explore the possibilities this property has to offer!
Pleasant Plains, located between Howard University and Shaw, is a residential and historic Washington neighborhood with brick rowhouses and pocket parks. Georgia Avenue NW near W Street NW concentrates the neighborhood’s street energy, with corner carryouts, barbershops, and small storefronts in a steady daytime rhythm. Howard Theatre and the Banneker Community Center serve as cultural anchors, with performances, classes, and community gatherings. Side streets show late-19th- and early-20th-century architecture—bay-front facades, deep stoops, and narrow rear alleys. The setting balances campus edges with quieter blocks, and nearby Metro stations keep downtown commutes straightforward.
Provided by Walk Score and Local Logic
Market insights
726 Columbia Rd NW · $550,000
DAYS ON MARKET
2 days
The average home goes pending in 45 days.
SALE-TO-LIST
99.2%
Most homes are selling 1% below list price.
LIST PRICE
$550,000
Median sale price in this area is $1,338,943. (143% higher than this home)
PRICE DROP
0 price drops
19% of homes in this area have had a price drop in the past month.
The purpose of the RF-1 zone is to provide for areas predominantly developed with row houses on small lots within which no more than two dwelling units are permitted.
Permitted uses
Include but are not limited to:
Agriculture
Religious facility
Healthcare
Housing-Single unit
Housing-Multiple units
Housing-Student
Public service
Educational/school
Library
Recreation
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...