3,440 SqFt
3,440 SqFt
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 3,440 sqft
Price per Sqft $246
MLS Listing ID DCDC2223022
Style Traditional
Abv Grd Liv Area 3,440
Year Built 1942
Available Date 2025-09-20
Annual Tax Amount $5,552
Tax Year 2024
Lot Size 6,190 Sqft
Acres 0.14
Property Sub-Type Detached
Source BRIGHT
Property Description
Nestled in the heart of the Fort Dupont Park community, 3919 R Street SE presents a rare opportunity to own a well-maintained, fully detached four-unit apartment building ideal for both investors and owner-occupants alike. The property features four spacious 2-bedroom, 1-bathroom units, with two currently vacant, offering immediate flexibility for new tenants or an owner looking to occupy a unit. Each unit is separately metered, and the building has benefited from several recent upgrades, including:
New windows
Updated countertops and flooring
Renovated bathrooms
Fresh interior and exterior paint
Situated on a generous 6,190 SF lot with approximately 3,400 SF of living space, this property offers multiple investment strategies:
Buy and hold for long-term rental income
Live in one unit and rent out the others for supplemental income
Condo conversion potential (subject to required approvals)
Rental Potential:
Based on current D.C. fair market rents, gross rental income is estimated between $72,000 – $76,800 annually (Section 8 rates range from $1,500 to $1,620 per unit, including utilities).
Current Rent Roll:
Two occupied units generating $34,080 annually.
One additional unit expected to be leased in November or December, increasing annual income to approximately $52,080.
Tenants pay gas and electric.
With its strong income potential, flexible occupancy options, and desirable Fort Dupont Park location, 3919 R Street SE stands out as an excellent investment opportunity whether you're expanding your portfolio or seeking a property that generates income while you live in it.
Location
State DC
County Washington
Zoning 3,243.00
Interior
Hot Water Natural Gas
Heating Radiator
Cooling None
Fireplace N
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Foundation Other
Above Ground Finished SqFt 3440
Sewer Public Hook/Up Avail
Water Public
Architectural Style Traditional
Additional Building Above Grade, Below Grade
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 5521//0017
Ownership Fee Simple
SqFt Source 3440
Acceptable Financing Cash, Conventional, FHA, Private, Other
Listing Terms Cash, Conventional, FHA, Private, Other
Financing Cash,Conventional,FHA,Private,Other
Special Listing Condition Standard
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