Potential Profit$202,346
This property is available as a foreclosure at Morton Pl Ne. This property features 2 bedrooms and 1 bathrooms, perfect for investment and/or your personal residence. With 832 square feet of living space, you can enjoy sizable rooms for comfortable living and flexibility in the common areas for family gatherings. Our team of real estate experts has conducted a thorough analysis of the current market conditions in Washington, specifically for Morton Pl Ne and comparable listings. Based on this expert analysis, the estimated market value is $481,469. This has potential equity of $202,346. If purchased for rental purposes, the monthly rental rate could range between $1,570 and $2,350, providing a solid return on investment. For those interested in resale, the estimated profit from selling is $202,346. Factors considered in this calculation include the property location, condition, status, and convenience, all assessed by our experienced professionals. Properties like this one on Morton Pl Ne are updated daily along with others in Washington, District Of Columbia, ensuring you have the most current and accurate information. Since this property is a foreclosure, be sure to check out our Foreclosure Timeline for Morton Pl Ne below to see detailed and helpful information about what stage of the foreclosure process this listing is in.
Not in Foreclosure
Pre-Foreclosure
Auction
Bank Owned
This property in Washington, DC is located in the Old City 01 Subdivision.
Foreclosures often mean the original homeowner had some sort of setback that caused him to allow his lender to take the property. Rarely does a lender want to retain possession of real estate, so it will be motivated to move it off the books as quickly as possible. A fast turnover is what the lender is looking for, so a big part of the marketing plan might include pricing for a quick sale. In order to take advantage of foreclosed properties there are some basic steps to be followed:
Steps as you search for your foreclosure property:
Foreclosed properties can represent excellent opportunities to acquire real estate at bargain prices. But in order to take full advantage of these opportunities you must have all your information and take an organized approach to finding and acquiring foreclosed properties. Find the location and property that interests you, work with the Realtor and closing agent to learn all you can about the property, and make your offer based upon good information and research.
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The estimated rental value for Morton Pl Ne located in Washington, DC is $1,960/month. Comparable homes around Morton Pl Ne that are rentals have monthly ranges starting as low as $1,570 per month and as high as $2,350 per month. An owner looking to use this property as an investment could bring a return in the area of $1,570 - $2,350 a month based on the many factors which include the properties condition, type, amenities, etc. Sign in to view a full two years of rental information as well as the Average Market Value (AVM) of this property.
| Start Date | End Date | Listing Type | Bank Name |
|---|---|---|---|
| 09/12/25 | Foreclosure | ||
| 07/22/25 | 09/13/25 | Fixer Upper | |
| 05/13/25 | 08/15/25 | Foreclosure | |
| 01/21/25 | 02/07/25 | Preforeclosure | EQUITY MORTGAGE LENDING |
| 01/08/25 | 02/07/25 | Preforeclosure | Mas Associates, LLC |
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