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Investment Highlights

  • 7 income-producing units (1 retail + 6 apartments)
  • Fully leased restaurant tenant
  • Six spacious 2BR/2BA apartment units
  • Stabilized mixed-use investment
  • Outdoor restaurant patio
  • Diversified income stream

Executive Summary

Mixed-use investment opportunity in the Brightwood/Manor Park neighborhood of Washington, DC featuring approximately 8,140 SF with a stabilized income stream from both retail and multifamily components. The property includes a fully leased 2,929 SF restaurant occupied by La Mia Italia and six spacious two-bedroom, two-bath apartment units above, creating diversified rental income from seven separate revenue sources.
The residential units feature modern layouts, in-unit washers and dryers, separate gas and electric metering, and strong long-term rental appeal. The restaurant benefits from a prominent storefront and large outdoor patio, while the property also includes three deeded surface parking spaces.
This turnkey investment offers immediate cash flow with future upside through rental growth and represents an ideal acquisition for private investors, family offices, or 1031 exchange buyers seeking a stabilized mixed-use asset in Northwest Washington, DC. Located near Georgia Avenue, Fort Totten Metro, Brightwood, Manor Park, and Takoma, the property benefits from a dense residential population, strong household incomes, and continued neighborhood investment.
Mixed-use investment • Apartment building for sale • Multifamily investment • Retail investment property • Restaurant investment • Income-producing property • Washington DC investment property • Northwest DC apartments • 1031 exchange opportunity • Stabilized cash-flow investment • Apartment over retail • Residential rental property • Passive income real estate • Commercial investment property • Brightwood commercial property • Fort Totten investment

Property Facts

Sale Type Investment
No. Units 6
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.07 AC
Building Size 8,140 SF
No. Stories 4
Year Built 2017
Parking Ratio 0.37/1,000 SF
Zoning MU-4 - Retail/restaurant space

Amenities

Unit Amenities

  • Air Conditioning
  • Heating
  • Kitchen
  • Oven
  • Tub/Shower

Site Amenities

  • 24 Hour Access
  • Tenant Controlled HVAC
  • Elevator
  • Public Transportation
  • Smoke Detector

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
2+2 6 - -
Very walkable
80/100
Fairly drivable
40/100
Good public transit
70/100
Moderately bikeable
60/100

Property Taxes

Property Taxes

Parcel Number
3296-2005
Land Assessment
$406,690
Improvements Assessment
$822,950
Total Assessment
$1,229,640
  • Listing ID: 40953305

  • Date on Market: 6/17/2026

  • Last Updated:

  • Address: 5420 3rd St NW, Washington, DC 20011

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