Property Description

First time on the market in over 40 years! Welcome to 516 56th St NE — a rare opportunity to own a well-maintained home with incredible upside in the heart of Deanwood. This 3-bedroom, 1.5-bath home was originally designed as a 4-bedroom, 1-bath layout, with two bedrooms thoughtfully combined to create a spacious owner’s room. Situated on a desirable corner lot, the property offers a large yard perfect for entertaining, gardening, or future expansion—including the potential to add off-street parking. The home has been well cared for over the years, featuring solid bones and newer major systems, making it an ideal canvas for a buyer looking to update and build equity. Located in the rapidly growing Deanwood neighborhood, this home benefits from strong nearby comparable sales around the $400K range, making it a smart value-add opportunity. Conveniently located within walking distance to local elementary schools and H.D. Woodson High School, with easy access to major commuter routes and public transportation. Don’t miss your chance to invest in one of DC’s emerging neighborhoods—schedule your showing today!

Property Features

Local Schools