3427 B St SE, Washington, DC 20019

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.