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.
Listed by Tohmai Smith
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RLAH @properties
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2026389497
Last updated August 22, 2025
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Source: BrightMLS #DCDC2216132
Listing Facts
TypeMulti-family
NeighborhoodGreenway
Days on Prevu22
Taxes$3,935/year
Size2,240 sqft
Price per sqft$223
Location
Mortgage Calculator
Listing History
08/19/2025
Listed by RLAH @properties
$499,900
Property Details for 3427 B Street SE
Exterior
Construction
New Construction: No
Number Of Units Total: 4
Year Built: 1950
Architectural Style: Mid-Century Modern, Traditional
Construction Materials: Brick
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Size Acres: 0.09
Lot Size Source: Assessor
Lot Size Square Feet: 3,867
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $3,935.00
Tax Year: 2024
Interior
Features
Fireplace: No
Measurements
Living Area: 2,240
Living Area Source: Assessor
Other
Features
Accessibility Features: Level Entry - Main
Location
Tax Lot: 49
Parking
Parking
Garage: No
Utilities
Equipment
Cooling: Central A/C, Window Unit(s)
Heating: Forced Air, Central
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
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