3427 B ST SE, Washington, DC 20019
- 2,240 sqft
Multi-Family Home
Built in 1950
3,920sqft lot
—— car garage
$223/sqft
Listed 1 day ago
Property Description
Solid brick 4-unit multifamily in DC’s Greenway neighborhood. Built in 1950, this durable two-story walk-up features four 1-bedroom/1-bath apartments, a unit type that is always in demand. Three units are currently leased at $1,000/month each, well below market rents, creating a clear opportunity for immediate upside. With average 1-bedroom rents in 20019 ranging from $1,300–$1,600/month and premium units reaching $1,800+, updated units here could generate significantly higher returns. At current rents, the property brings in approx. $36,000/year. Brought up to market rates, annual income potential rises to $62,400–$72,000+, making this a true value-add investment. Located near Minnesota Ave Metro and major bus lines, with ongoing revitalization in Ward 7, 3427 B St SE offers both immediate cash flow and long-term appreciation potential. Perfect for seasoned investors or first-time multifamily buyers.
- Listing Status:
- Active
- Listing Office:
- RLAH @properties : 2025188781
- Listing Agent:
- Tohmai Smith : 2026389497
- MLS ID:
- DCDC2216132

- A/C: Central A/CWindow Unit(s)
- Heating: Forced AirCentralNatural GasElectric
- Disability Feature: Level Entry - Main
This listing courtesy of Tohmai Smith, RLAH @properties
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Kimball Elementary School
3375 Minnesota Ave SE, Washington, DC, 20019
Grades EE-5
0.29 miles away
Sousa Middle School
3650 Ely Pl SE, Washington, DC, 20019
Grades 6-8
0.28 miles away
River Terrace Education Campus
405 Anacostia Ave NE, Washington, DC, 20019
Grades 3-12
0.56 miles away