421 Burbank St SE 5 Unit Apartment Building $880,000 ($176,000/Unit) Washington, DC 20019

Prime value-add multi-family opportunity in the growing Fort Dupont Park corridor of Washington, DC. This well-maintained five-unit building was renovated in 2015/2016 and offers strong future income and appreciation potential in a rapidly developing submarket. The property consists of five total units: four 2- bedroom/1-bath units and one 3 bedroom/2-bath lower-level unit. Two units are currently rented and three are vacant, providing immediate flexibility for an investor to lease at market rates, reposition the asset, or optimize tenant placement.
Each unit features stainless steel appliances, granite countertops, and updated finishes designed for durability and long-term performance. A shared laundry area in the basement adds convenience for residents. The investment upside is compelling. Located just minutes from the Benning Road Metro Station (Blue & Silver Lines), the property offers direct access to Downtown DC, Capitol Hill, and Northern Virginia. The area is positioned for continued growth and appreciation, particularly with the
planned RFK Stadium redevelopment project, which is expected to bring significant infrastructure improvements, new amenities, and long-term economic momentum to the surrounding neighborhoods.
Additional highlights include off-street rear parking, proximity to Fort Dupont Park, Anacostia Park, Safeway, CVS, and easy access to major commuter routes including Benning Road SE and East Capitol Street. This is an ideal opportunity for a long-term investor seeking rental upside, strategic repositioning potential, and appreciation in an evolving DC submarket.