3427 B ST SE new to site

Washington,DC 20019

$ 499900

- Bed

- Bath

2240 SqFt


Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,240 sqft

Price per Sqft $223

MLS Listing ID DCDC2216132

Style Mid-Century Modern,Traditional

Abv Grd Liv Area 2,240

Year Built 1950

Annual Tax Amount $3,935

Tax Year 2024

Lot Size 3,867 Sqft

Acres 0.09

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

This all-brick 4-unit multifamily, built in 1950, offers timeless durability and lasting appeal. Each residence is a spacious 1-bedroom/1-bath layout — a unit type that remains consistently in high demand throughout Washington, DC.

With average 1-bedroom rents in the 20019 ZIP code ranging from $1,300–$1,600 per month — and premium units commanding $1,800+ — this property presents an exceptional value-add opportunity. With the right updates, owners can unlock strong cash flow and significant upside potential.

Beyond the numbers, the location adds to the appeal. Nestled near the Minnesota Ave Metro and major bus routes, the property provides easy access to downtown DC. The Greenway neighborhood, located in Ward 7, continues to see ongoing revitalization and investment, offering not just rental income, but long-term appreciation.

Whether you're a seasoned investor seeking growth or a first-time multifamily buyer looking to build your portfolio, 3427 B St SE is a smart opportunity to secure a solid asset in the heart of the District.

Location

State DC

County Washington

Zoning RA-2

Interior

Hot Water Natural Gas

Heating Forced Air,Central

Cooling Central A/C,Window Unit(s)

Fireplace N

Heat Source Natural Gas,Electric

Exterior

Water Access N

Accessibility Level Entry - Main

Garage N

Building

Foundation Slab

Sewer Public Sewer

Water Public

Architectural Style Mid-Century Modern,Traditional

Additional Building Above Grade,Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 5418//0049

Ownership Fee Simple

SqFt Source Assessor

Special Listing Condition Standard

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