$850,000

122 BATES ST NW, Washington, DC 20001

  • 4 beds |
  • 2 baths |
  • 1,772 sqft
  • Property Icon Town Home
  • Property Year Built Icon Built in 1914
  • Property Lot Size Icon1,742sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $480/sqft
  • Property List Date Icon Listed 2 months ago

Property Description

Own a beautifully renovated DC property where your tenant helps pay your mortgage. This exceptional multi-family residence offers a rare opportunity to live in one fully updated apartment while renting the other — dramatically reducing your monthly housing costs and, in many cases, making ownership far more affordable than renting a comparable home in the neighborhood. Instead of paying rent to a landlord, you can build equity while generating steady income from the second unit. The building features two thoughtfully updated apartments with a total of four light-filled bedrooms and two well-appointed bathrooms across approximately 1,800 square feet of flexible living space. Both kitchens have just been fully renovated with stylish new cabinetry, stone/granite countertops, and modern finishes, creating turnkey spaces that are equally appealing to homeowners and tenants alike. The generous layouts provide comfortable, functional living environments with well-proportioned bedrooms and inviting common areas. For investors, the property also offers strong dual-rental potential in a high-demand location. For owner-occupants, it delivers the ideal blend of lifestyle and smart financial strategy — enjoy the privacy of your own home while significantly offsetting your expenses with rental income next door. Located near two Metro stations, the property provides convenient access to downtown and beyond, along with neighborhood favorites like Big Bear Cafe and a vibrant local dining scene. The strong location enhances both quality of life and long-term rental appeal. The spacious backyard, while not currently optimized, offers future potential for private parking similar to neighboring properties — adding yet another avenue for value enhancement. This is a compelling opportunity to own a renovated, income-producing property in the heart of Washington, DC — combining immediate livability with long-term financial upside.

Listing Status:
Active
Date Added:
January 14, 2026
Data Last Updated:
March 17, 2026 at 6:18AM
Listing Office:
Compass : 3012981001
Listing Agent:
Jennifer K Knoll : 2024412301
MLS ID:
DCDC2235864
  • General: 2nd KitchenBathroom - Soaking TubBreakfast AreaCeiling Fan(s)Combination Dining/LivingEntry Level BedroomFamily Room Off KitchenKitchen - Eat-In
  • Rooms: Bedroom 2Bedroom 1Bathroom 1
  • Laundry: Has Laundry
  • Flooring: HardwoodCarpet
  • A/C: Central A/C
  • Heating: Forced AirNatural Gas
  • Disability Feature: None
  • General: Fire EscapeExterior LightingGutter SystemPlay AreaAbove GradeBelow Grade
  • Style: Federal
  • Parking: SurfaceUnpaved
  • General: Brick2Slab
  • Originating MLS: BRIGHT_MAIN
  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • County: WASHINGTON-DC
  • Zoning: R20552//0217
  • View: CityTrees/WoodsStreet
  • Fencing: FullyWood
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Jennifer K Knoll , Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Walker-Jones Education Campus

1125 New Jersey Ave NW, Washington, DC, 20001

Grades EE-8

0.42 miles away

W

Walker-Jones Education Campus

1125 New Jersey Ave NW, Washington, DC, 20001

Grades EE-8

0.42 miles away

D

Dunbar High School

101 N St NW, Washington, DC, 20001

Grades 9-12

0.18 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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