421 Burbank St SE - Apartments FOR SALE


Washington, DC 20019- Fort Dupont
$880,000 USD
202-528-0338
421 Burbank St SE, Washington, DC for Sale
$880,000 USD
Apartments - FOR SALE
1/12
null | Request Cap Rate

421 Burbank St SE
Washington, DC 20019
Fort Dupont


HIGHLIGHTS

  • Renovated five-unit building featuring modern interiors with stainless steel appliances, granite countertops, and updated finishes
  • Located minutes from Benning Road Metro Station (Blue & Silver Lines) with direct connectivity to Downtown DC, Capitol Hill, and Northern Virginia.
  • Positioned near major redevelopment initiatives, including the RFK Stadium project, expected to drive infrastructure upgrades and neighborhood growth.
  • Includes off-street rear parking and convenient access to Fort Dupont Park, Anacostia Park, Safeway, CVS, and key commuter routes

OVERVIEW

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.

FOR SALE DETAILS

PRICE

$880,000 USD

PRICE/SF

$240 USD /SF

# OF UNITS

5

PRICE/UNIT

$176,000

CAP RATE

Request Cap Rate

% LEASED

60%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Garden

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1953

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.12 AC

LAND SF

5,227 SF

ZONING

R-2

APN/PARCEL ID

5398-0093

ASK ABOUT THIS PROPERTY

Jonathan WilsonDemers Real Estate, Inc.More Info
202-528-0338

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.

Jonathan WilsonDemers Real Estate, Inc.More Info
202-528-0338

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.