1014 INDEPENDENCE AVE SE
Washington, DC 20003

Description:

WORLDBID AUCTION – May 5 noon Starting bid is $400,000 ESTIMATED PROPERTY VALUE RANGE: $475,000 to $650,000 PRE AUCTION OFFERS DUE NOW THRU April 21st AUCTION BIDS DUE PRIOR TO OR on May 5 th noon ET PRE AUCTION OFFERS • Title Company: Old Republic Title Company • A Buyer may elect to submit a Pre Auction rather than participate in Auction bidding. • Pre auction offers may be submitted on a standard GCAAR purchase contract. Pre Auction offers may have any contingency a buyer requests. • A Pre Auction offer must be submitted no later than April 21. The offer will state the buyer will remove all contingencies no later than April 28 or close escrow by that date. If the Buyer removes contingencies or closes escrow no later than April 28, the auction will be cancelled. • The Pre Auction offer must state the offer includes the Buyer’s Premium of 4%. • No exceptions to the date deadlines will be accepted. • The buyer must provide a 10% deposit with their offer, proof of funds to close the purchase and a lender approval letter (if applicable). AUCTION DAY BIDDING • Your Sealed bid must be submitted on the Premiere Estates Sealed Bid auction purchase contract. 1. Qualifying round bids are due on may 5 Noon and must be emailed to Premiere Estates. 2. The top 50% bids (by price) of the qualifying round bids received, those bidders will be notified by May 5 at 3:00PM , they are approved to submit their final bid. 3. The bidders, which have qualified to bid in the Final Bid round are due on May 6th noon ET • Both the qualifying and final round bids must be provided on the Premiere Estates Sealed Bid auction purchase contract. • Escrow Shall close no later than June 6, 2026. • Auction day bids are completely non contingent. ------------------------- Welcome to 1014 Independence Ave SE, a rare opportunity to own a piece of history in the heart of Capitol Hill — one of Washington, DC’s most iconic, walkable, and consistently high-performing neighborhoods. Built in 1911, this classic Hill residence is rich with character and timeless architectural detail, offering 3 bedrooms, 2 full bathrooms, and 2,028 total square feet (per tax records), including 1,352 square feet above grade (per tax records), all situated on a .03-acre lot. From the moment you arrive, the home’s historic charm is evident. Inside, you’ll find beautiful period details, warm and inviting living spaces, and a layout that blends original character with incredible potential. The property features both front and rear basement entrances, providing rare flexibility — ideal for multigenerational living, private guest quarters, a home office suite, or the opportunity to create a separate income-producing space. While updates are needed, the value-add potential is undeniable. Strong surrounding comparable sales support a compelling after-repair value, making this an exceptional opportunity for investors, renovators, or end-users looking to customize their dream home while building meaningful equity in a blue-chip Capitol Hill location. Just moments from Eastern Market and within close proximity to the United States Capitol and the Library of Congress, this address offers the quintessential Capitol Hill lifestyle — historic charm, vibrant neighborhood amenities, unmatched walkability, and enduring long-term value. A rare chance to secure scale, versatility, and upside in one of DC’s most sought-after enclaves.