08/28/2025
Investor Alert – Price Drop + Appraisal $480K
5016 Ivory Walters Ln SE, Washington, DC 20019
Appraised at $480,000 | Asking Price $480,000
Fully renovated row home w/ legal ADU
4 BR | 3 Full + 2 Half Baths | 2,316 sq ft
Section 8 tenant upstairs ($3,190/mo)
ADU tenant downstairs ($1,500/mo, month-to-month)
Current rent: $4,590/mo | Pro forma: $5,000+/mo
Built 2009 | Fully renovated 2024 (new roof, HVAC, appliances)
One-car attached garage
Located in Marshall Heights near Capitol Heights Metro, Benning Rd corridor & minutes from the future Washington Commanders Stadium site.
Strong cash-flow & value-add potential by adjusting rents to market. Tenant-occupied, turnkey, and in a rapidly growing investment corridor.
🔑 Serious buyers only | Tenant-occupied | Showings by appointments only.
👉 Contact listing agent at 571-409-6671 for details + full package (appraisal, photos, comps, rental roll).