4839 JAY St NE Washington, DC 20019

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

Dont 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 DCs most promising growth zones

Existing Home 4839 Jay Street NE

Type: Detached, 2-story + Basement

Bedrooms/Baths: 3 BR / 2 BA

Living Area: 1,2001,602 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 potentialperfect 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 12 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 HUDs 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

Lets explore how your next homeor investmentstarts right here on Jay Street NE.