Fairmount Heights MD Real Estate & Commercial for Sale
The median home value in Fairmount Heights, MD is $340,000.
This is
lower than
the county median home value of $369,000.
The national median home value is $308,980.
The average price of homes sold in Fairmount Heights, MD is $340,000.
Approximately 68% of Fairmount Heights homes are owned,
compared to 20% rented, while
11% are vacant.
Fairmount Heights real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Fairmount Heights real estate agent to arrange a tour
today! Learn more about Fairmount Heights Real Estate.
We were unable to find listings in Fairmount Heights, MD
This unique mixed-use property, with its commercial (office and retail) and residential zoning, offers a range of possibilities, making it an excellent investment opportunity.
Bankruptcy auction to be held April 22nd at 11:00 am at 1615 New Hampshire Ave NW, Third Floor. This is one of nine multifamily buildings to be auctioned separately. 5012 Bass Place SE is a 3-story apartment building constructed in 1965 and renovated in 2020. There are believed to be nine units in the building comprised of six 3-bedroom units and three 4-bedroom units. The building is served by all utilities to include water, sewer, gas, electric and phone. List price is tax assessment for MRIS purposes only. Actual price to be determined at bankruptcy auction. See information flyer in document section.
Incredible Opportunity in Hot Deanwood! Over 3400 Sqft On 2 Levels, Zoned R-2, on a 5,188 sqft Lot! Previously used a religious facility. Upper Level Set Up with Large Open Room, Elevator, and Office plus Staircase in Rear. Lower Level features Large Open Room, Kitchen, Two Commercial Bathrooms, and Storage. Less than a Mile to Minnesota Ave Metro! Restaurants, Grocery, Parks and Schools within Walking Distance. Just Minutes to 295, Benning and E Capitol St. Fast Growing Area and Centrally Located.
List price to be opening bid at online only auction. Online auction to be conducted on Auctioneers website. Bidding Begins Friday, May 2nd and ends Wednesday, May 7, 2025 @ 12:00PM. Excellent opportunity to purchase a partially-leased, 9 unit apartment building. The property is well-located in the heart of the "Benning Heights" neighborhood of NE, Washington. According to the DC Office of Tax and Revenue, the property is 5,500 +/- sq. ft. of land area. It is zoned RA-1 and is served by public water, sewer, gas and electric. The property is improved by a three-story multi family building. The building's unit mix consists of 8 1 Bedroom/1Bath units and 1 studio. Based on the Rent Roll as of September, 2023, eight of the building's 10 units are occupied. All units are separately metered for gas and electric. Tenants pay their own gas and electric expense. Unit 102: Currently rented for $955.33/month. Unit 103: Currently rented for $1,159.75/month. Unit 104: Currently rented for $1,184.44/month. Unit 201: Currently rented for $1,114.04/month Unit 202: Currently rented for $1,157.68/month. Unit 203: Currently rented for $1,047.73/month. Unit 301: Currently rented for $922.01/month. Unit 302: Currently rented for $1,050/month. Unit 303: Vacant â?¢ Gross Scheduled Monthly Rent = $8,590.98/month (Based on the Rent Roll as of September, 2023 which has 1 vacancy) â?¢ Gross Scheduled Annual Rent = $103,091.76/year (Based on the Rent Roll as of September, 2023, which has 1 vacancy) **Gross Potential Annual Rent Of $136,320** **Gross Potential Monthly Rent of $11,360** Please note that the estimated monthly rents for the vacant units used for the Gross Potential Monthly and Gross Potential Annual Rent calculations above were based on the DCHA's (DC Housing Authority) newly established process for determining rent reasonableness through the "Market Rent Estimator" No TOPA contingency needed.
Bankruptcy auction to be held April 22nd at 11:00 am at 1615 New Hampshire Ave NW, Third Floor. This is one of nine multifamily buildings to be auctioned separately. 101 41st Street NE is a 4-story detached multi-family apartment property believed to contain fourteen apartments: six 1-bedroom, eight 2-bedroom. The building was constructed in 1963 and renovated in 2021. There are 16 surface parking spaces. The building is served by all utilities to include water, sewer, gas, electric and phone. List price is tax assessment for MRIS purposes only. Actual price to be determined at bankruptcy auction. See information flyer in document section.
Exciting Opportunity: Prime Tenant-Occupied Property! Seller financing is available with 30% down. Welcome to a lucrative investment opportunity right across from the bustling Minnesota Ave subway station. This property, currently serving as a thriving doctor's office. Seller financing available with 30% down,6% interest and 60 month option. Generating a gross income of $21,600, the current rent is just month to month . With the potential to raise rent. The value is in the lot this being corner unit and zoned MU-3A tons of potentials. Property can be delivered vacant . Don't miss out on this golden opportunity to own a prime piece of real estate. Plenty of parking side parking belongs to the city and parking is allowed as long as driveway is gravel.
Bankruptcy auction to be held April 22nd at 11:00 am at 1615 New Hampshire Ave NW, Third Floor. This is one of nine multifamily buildings to be auctioned separately. 4641 Hillside Road SE is a 2-story plus finished basement level detached multifamily apartment property believed to contain four 3-bedroom apartments. The building was constructed in 1943 and renovated in 2019. The building is served by all utilities to include water, sewer, gas, electric and phone. List price is tax assessment for MRIS purposes only. Actual price to be determined at bankruptcy auction. See information flyer in document section.
THIIS LAND IS OPEN FOR AN ASTUTE DEVELOPER WITH A GREAT VISION, THIS IS RIGHT ON THE BORDER BETWEEN WASHINGTON DC AND MARYLAND , IT PRESENT GOOD OPPORTUNITY FOR A DEVELOPER
Bankruptcy auction to be held April 22nd at GCAAR office: 1615 New Hampshire Ave NW, Third Floor. This is one of nine multifamily units to be auctioned separately. See Substitute Trustees Notice for auction terms. 3205 D Street SE is a 2-story plus cellar level semi-detached multi-family apartment property believed to contain four 3-bedroom apartments. The building was constructed in 1943 and renovated in 2019. The building is served by all utilities to include water, sewer, gas, electric and phone. The basement of this building is unfinished. List price is tax assessment for MRIS purposes only. Actual price to be determined at foreclosure auction. See information flyer in document section.
Exceptional Business Opportunity - Elegant 10-Bedroom Colonial Just Minutes from D.C. Step into a rare and remarkable investment opportunity with this stately 10-bedroom, 3.5-bathroom Colonial residence, ideally positioned just minutes from the heart of Washington, D.C., and a short 10-minute drive from the University of Maryland Global Campus. Currently listed on Airbnb, this well-maintained property has welcomed hundreds of guests over the past two years, consistently generating strong occupancy and positive reviews. With spacious accommodations and a prime location, it offers a turnkey solution for short-term rental success, group lodging, or even a boutique guesthouse venture. Take advantage of the Tesla Solar panel available with little energy bills. All sofas, mattresses, TV, sheets, conveys. Get the instant cash flow you have been looking for after closing. NO HOA. The home exudes classic charm, complemented by modern amenities and expansive living spaces that cater to both comfort and convenience. Whether you're a seasoned investor or a visionary entrepreneur, this property stands as a versatile, income-generating gem in a highly desirable area. Seize the chance to own a thriving business with proven returns, all while holding prime real estate in the D.C. metropolitan area.
Prime Mixed-Use Commercial Opportunity! This freestanding building in a highly sought-after Town Center mixed-use zone is a fantastic investment for a savvy investor or business owner looking for the perfect space. Featuring private gated parking, a spacious backyard with street access, and excellent visibility, this property offers endless potential. Here's your opportunity to build a nice real estate portfolio and run your business at the same time. The current tenant, a well-established pest control company, would love to stay, providing immediate rental income for investors. Whether you're looking to expand your business or secure a high-demand commercial asset, this is an opportunity you dont want to miss!
THIS IS A DEVELOPER'S DELIGHT, PLEASE SEE THE SCHEMATIC PLANS TO SEE WHAT YOU CAN DO WITH THIS SPACE, RIGHT AT THE CORNER OF EASTERN AVE & RHODE ISLAND AVE NE ,BOUNDARY LINE BETWEEN WASHINGTON DC & MARYLAND . SERIOUS DEVELOPEMENTS GOING ON IN THIS AXIS, PROPERTY ON THE MAIN STREET OF R.I AVE . IDEAL FOR MULTIFAMILY APARTMENT USE . THE SPOT WAS FORMERLY A RESTAURANT. PLEASE CARRY OUT YOUR DUE DILIGENCE
Welcome to the Historic 3501 Bunker Hill Road! A two and a half story, L-shaped 15,000 SQFT uncoursed ashlar masonry building designed in the Classical Revival Style. The portico is supported by four evenly spaced wood Tuscan Columns. An addition in a much different style was added to the back of the Church to accommodate the growing congregation. The sanctuary, which includes an upper balcony, has an estimated seating capacity of 350 seats. Other highlighted features are segmental-arched stained-glass windows, fireplace, fellowship or banquet hall with a seating capacity of 150 seats, commercial kitchen, offices, meeting rooms, classrooms ,storage rooms, conference room and six bathrooms. Some areas require TLC. Sold as is.
An exceptional turn-key, mixed-use investment opportunity in Northeast DCs rapidly growing Starburst Intersection. Situated on a prominent corner lot, this fully renovated 2021 asset offers stable, long-term income with minimal owner expenses, generating $151,600 in annual NOI. With meticulously maintained spaces, built-in rental escalations, and high-caliber tenants in place, this property presents a rare opportunity for investors seeking both immediate cash flow and long-term appreciation. Anchoring the ground floor is Daru, a Michelin Bib Gourmand-awarded Indian-Nepalese restaurant, celebrated for its innovative cuisine and strong local following. Daru is three years into a 10-year NNN lease at $9,670/month, with a 3.5% annual rent escalation (April 1st). The restaurant fully maintains its space, covers 61.5% of property taxes and insurance, and funds trash services. Recognizing their success, Daru expanded operations by adding a covered outdoor dining area last year and has recently opened a second location down the street. Above, the luxurious residential penthouse is leased at $4,088/month until 5/1/2025 (tenants are highly interested in renewing). Designed for modern urban living, this open-concept loft showcases wide plank white oak floors, a striking hexagonal sunroom, high-end JennAir appliances, spa-inspired baths, and two private outdoor terraces. The property underwent a comprehensive $1M modernization in 2021, including all new MEP systems, full basement excavation to accommodate a commercial kitchen, a top-floor penthouse addition, new windows, a reimagined storefront, enhanced entryways, and the creation of two rooftop decks. With both units paying their own utilities, minimal maintenance requirements, and a high-quality NNN tenant ensuring predictable income growth, this is a truly hands-off, low-risk investment in one of Washington, DCs most dynamic and evolving neighborhoods.
Vacant 4 story building on H Street NE in the entertainment district of NE DC inside of the Capitol Hill/NOMA Neighborhood. Current Condition Upgrades: The property has recently been updated with new sprinkler system, electric, plumbing, HVAC, roofing, flooring. Rehab the property as is for nightlife, restaurant, or retail use or build 4 levels of residential or office atop ground floor and basement retail. This property is a complete SHELL. Land Use: Mixed Use Commercial/Arts District with the potential of 25,000-30,000 SF Building. Height: Up to 70 feet. 6 Stories Plus Basement. 5.0 Buildable FAR by a matter of right. Diagonally located across from Atlas Theater. Union Station/Benning Road Trolley Car in front. Property is being sold in Strictly "AS IS" condition. 4,700+/- Square Feet
Primed to develop! Vacant & gutted the present owner combined 2 buildings you can re-separate into 2 parking in rear for one car! Owner will not hold financing or rent! This one level structure has a full basement Owner has blueprints for 2 additional levels Call agent to show Not on showing time! Call Denise Champion or Derek Jones Bring a flashlight!
Shovel Ready, Prime Development Opportunity: 1361 Florida Ave NE, Washington, DC 20002 Seize the chance to acquire a fully permitted and shovel-ready 7-unit apartment development project in the vibrant Trinidad neighborhood. Priced at $1.2 million, this property comes with approved plans, allowing developers to commence construction promptly. Property Highlights: - Address: 1361 Florida Ave NE, Washington, DC 20002 - Zoning: Commercial - Approved Development: 7 residential units - Projected Unit Sale Prices: $400,000 to $550,000 per unit Location Advantages: Situated in the heart of Trinidad, this property offers unparalleled access to Washington, D.C's dynamic urban lifestyle. Residents will benefit from proximity to: - Transportation: Multiple bus routes and easy access to major thoroughfares - Amenities: A diverse array of dining, shopping, and entertainment options - Recreation: Nearby parks and cultural attractions Investment Potential: The Trinidad neighborhood has experienced significant appreciation, with comparable units selling within the projected price range. This development promises a substantial return on investment, capitalizing on the area's growth and demand for quality housing. Next Steps: With plans and permits in place, this project is primed for immediate development. Developers can expedite the construction process, meeting the market's demand efficiently. Don't miss this exceptional opportunity to invest in one of Washington, D.C's most promising neighborhoods. For detailed plans, and financial projections, or to schedule a site visit, please contact us.
Established for over 10 years, this well-known and highly regarded restaurant serves the African diaspora and beyond with authentic Senegalese dishes. With an annual gross revenue of $440k, it stands as a profitable venture with significant growth potential. Lease: $2800/ month. utilities : $500/ month Key Features: Reputation: Well-established with a strong customer base. Cuisine: Specializing in authentic Senegalese cuisine. Revenue: Grossing $440k annually. Growth Opportunities: Additional Services: Potential to increase revenue by offering new services. Liquor License: Currently does not have a liquor license, presenting an opportunity for additional income. Interior Reconfiguration: With proper reconfiguration, the interior can accommodate more seating, increasing patron capacity. Contact Us: Don't miss this opportunity! Contact us today for more information.
THIS IS AN OPPORTUNITY FOR A SAVVY DEVELOPER TO BUILD A MULTIFAMILY UNITS IN THIS RAPIDLY GROWING RHODE ISLAND AVE CORRIDOR OF WASHINGTON DC , THE SCHEMATIC PLANS IS UPLOADED IN THE DOCUMENTS SECTIONS OF THIS LISTING. THE PLAN WILL GIVE YOU AN IDEA OF WHAT YOU CAN IMAGINE FOR THIS SPACE. RIGHT ON THE MAIN STREET OF R.I AVE, CLOSE TO THE RHODE ISLAND METRO STATION , SHOPPING CTR, MAJOR BUS ROUTE. PLEASE DO YOUR DUE DILIGENCE
Prime Development Opportunity in Trinidad - 1611-1613 Montello Avenue NE, 2 blocks from Gallaudet University, close to Union Market and NOMA. Corner Fee simple building, Total 7,990 SF LOT, Zoned MU-3A ALLOWS 3 stories, Height up to 40 Feet, rare chance to develop a multifamily mixed-use project the retail space on the ground floor. The neighborhood has experienced significant appreciation, several nearby properties have been successfully developed into boutique condo building, indicating the strong potential for expansion. Contact Lister for details and schedule a viewing. Please DO NOT DISTURB the current operator! ALL offers encouraged. An incredible value that won't last long!
Discover unparalleled opportunity in the heart of the resurging Atlas District with this captivating three-level retail building. Boasting 5,877 square feet of space, this prime corner property offers endless possibilities for your business endeavors. Imagine the potential of a large outdoor patio at street level, inviting guests to indulge in the vibrant atmosphere of one of DC's liveliest neighborhoods. With exceptional visibility, this location presents a remarkable branding opportunity that ensures your business stands out amidst the bustling cityscape. Step onto the rooftop deck and behold the breathtaking views, setting the stage for unforgettable experiences. This amazing rooftop terrace offers a space where patrons can savor the moment and create lasting memories. The property features modern amenities and upgrades, including: Electricity: Upgraded with a total of 800 AMPS for enhanced efficiency. HVAC: Five brand-new HVAC units with separate zones ensure optimal comfort for patrons. Fire Safety: Benefit from peace of mind with a new sprinkler system installed. Restrooms: Enjoy the convenience of three brand-new restrooms, including one ADA compliant. Hot Water: Two new heaters provide reliable hot water supply. Roof: A new roof with framing at 12-inch centers, updated membrane, and decking ensures durability and longevity. Stairs: Access from the lower level to the rooftop is seamless with a new internal metal staircase. Kitchen Infrastructure: The finished lower level is equipped with kitchen infrastructure, including cutouts for a vent shaft to the roof, catering to a variety of culinary ventures. Don't miss this rare opportunity to secure your place in one of DC's most dynamic neighborhoods. Elevate your business to new heights in a space designed for success. Schedule a viewing today and unlock the potential of this extraordinary property.
This is a shovel ready 76-unit development project. There is a possibility to possibly expand the size of this development if a developer is able to acquire additional adjacent parcels.
THIS IS AN INVESTOR'S DELIGHT TO BUILD A MULTI FAMILY RESIDENTIAL DWELLING ON THIS SPACE, THERE IS A STRUCTURE ON THE PROPERTY, BUT THE VALUE IS ON THE LAND, THE AREA IS WITNESSING AN AMAZING DEVELOPMENT. "DONT WAIT TO BUY REAL ESTATE, BUY REAL ESTATE AND WAIT" SEE THE ARCHITECTURAL PLANS ATTACHED ON THE DOCUMENTS SECTIONS TO ENERGIZE YOUR IMAGINATIONS. PLEASE DO YOUR DUE DILIGENCE