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Sold for $663,000
  • $663,000

    15 Halley Pl SE, Washington, DC 20032

    5beds
    --baths
    2,442sqft
    Quadruplex
    Built in 1953
    -- sqft lot
    $-- Zestimate®
    $271/sqft
    $4,438 Estimated rent

    Home value

    Not available

    Estimated sales range

    Not available

    $4,438/mo

    Zestimate® history
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    What's special

    Opportunity Alert – Assumable 2.5% FHA Loan ($530K Balance, $3,113/Month!) This is a rare chance to assume a 2.5% FHA loan with an outstanding balance of $530,000 and a low monthly payment of $3,113 (including principal, insurance, and interest). That’s still over $1,400 per month in potential savings compared to today’s rates, offering unbeatable cash flow and long-term affordability. This is a move-in-ready, revenue-generating 4-unit multifamily in Washington, DC, located just steps from I-295 and Joint Base Anacostia-Bolling. It features stable Section 8 tenants and upstairs units currently under renovation, including the owner’s unit that is being reconfigured into a two-bedroom setup, unlocking tremendous value-add potential. Unit 1 (Section 8) rents for $1,330/month, and Unit 2 (Section 8) rents for $1,250/month. Unit 3 is vacant and under renovation, and Unit 4, the owner’s unit, is being converted into a two-bedroom with projected rent of $1,700 month. The downstairs tenant has expressed willingness to move upstairs, which would allow her current unit to also be converted into a two-bedroom with projected rent of another $1,700/month. Once fully stabilized and rented, the property will generate approximately $5,980/month in gross rent. With the assumable FHA loan at a 2.5% interest rate and a monthly mortgage of about $3,113, a buyer would net around $3,000 month in positive cash flow from day one. This kind of return is virtually unheard of in today’s market. It far surpasses any high-yield savings account or traditional investment vehicle. Beyond immediate cash flow, buyers also benefit from long-term appreciation, principal paydown, and significant tax advantages that only real estate provides. This property represents a rare opportunity to acquire a stabilized, high-yield asset in a prime location with built-in upside. Call now to learn about assumption requirements and unlock serious savings.

    Zillow last checked: 7 hours ago

    Listing updated: December 23, 2025 at 12:51pm

    Listed by:

    Mr. Kirk Chatman 240-447-1977,

    Fairfax Realty Premier

    Bought with:

    Babak Binesh, 0225192745

    Samson Properties

    Source: Bright MLS,MLS#: DCDC2212176MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 5
    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Electric
    Appliances
    • Included: Gas Water Heater
    Features
    • Flooring: Luxury Vinyl, Hardwood, Ceramic Tile
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 2,442
    • Total interior livable area: 2,442 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 3,304 sqft
    • Features: Unknown Soil Type
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 6116//0060
    • Zoning: R5A
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Traditional
    • Property subtype: Quadruplex
    Materials
    • Brick
    • Foundation: Slab
    • Roof: Rubber,Flat
    Condition
    • Excellent,Very Good
    • New construction: No
    • Year built: 1953

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public
    • Utilities for property: Cable Available, Electricity Available, Natural Gas Available, Sewer Available, Water Available, Fiber Optic, Cable, Satellite Internet Service

    Community & neighborhood

    Location
    • Region: Washington

    Other

    Other facts
    • Listing agreement: Exclusive Right To Sell
    • Listing terms: Assumable,Conventional,Cash,FHA 203(k),VA Loan
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    12/23/2025Sold$663,000-3.9%$271/sqft
    Source: Bright MLS #DCDC2212176 Report a problem
    10/3/2025Contingent$690,000$283/sqft
    Source: Bright MLS #DCDC2212176 Report a problem
    9/3/2025Price change$690,000-1.4%$283/sqft
    Source: Bright MLS #DCDC2212176 Report a problem
    8/21/2025Price change$699,800+0.1%$287/sqft
    Source: Bright MLS #DCDC2212176 Report a problem
    8/5/2025Price change$699,000-2.9%$286/sqft
    Source: Bright MLS #DCDC2212176 Report a problem

    Public tax history

    YearProperty taxesTax assessment
    2025$3,749 +2.6%$441,110 +2.6%
    2024$3,654 +3.3%$429,860 +3.3%
    2023$3,536 +10.9%$416,020 +10.9%

    Find assessor info on the county website

    Neighborhood: Congress Heights

    Nearby schools

    GreatSchools rating
    Schools provided by the listing agent
    • District: District Of Columbia Public Schools

    Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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