3146 BUENA VISTA TERRACE SE
Washington, DC 20020
Price Upon Request
PRICE REDUCTION!!! An outstanding opportunity to acquire a fully occupied seven-unit apartment building generating a current Net Operating Income (NOI) of $74,580.99. Generating a 9.3% cap rate, this well-performing asset features an attractive unit mix of six spacious 3-bedroom, 1-bath apartments and one studio unit, providing a desirable combination of family-sized housing and flexible rental options.
With stable occupancy and consistent income, this property offers investors immediate cash flow and long-term appreciation potential. The predominance of large three-bedroom units creates strong tenant demand and the potential for continued rental growth.
Ideally situated in Southeast Washington, DC, the property is conveniently located near Congress Heights and Anacostia Metro Stations, providing easy access throughout the District. Residents enjoy proximity to St. Elizabeths East, the Entertainment & Sports Arena, Gateway DC, and the Department of Homeland Security headquarters, all of which continue to drive investment and employment in the area. Outdoor enthusiasts will appreciate nearby Fort Stanton Park, Anacostia Park, and miles of walking and biking trails along the Anacostia River. Everyday conveniences include neighborhood shopping, restaurants, grocery stores, schools, and multiple Metrobus routes.
Whether you're looking to expand an existing multifamily portfolio or acquire a stable, income-producing asset with strong fundamentals, this turnkey investment offers an exceptional combination of reliable cash flow, desirable unit composition, and long-term upside in the nation's capital.
Listing Courtesy of: Cosmopolitan Properties Real Estate Brokerage
301-335-8380
| Listing Id: | DCDC2276826 |
|---|---|
| Property Type: | Multi-Family |
| Property Sub Type: | Other |
| Status: | Active |
| Living Area: | 5,070 |
| Tax Annual Amount: | $6,524 |
| Lot Size Square Feet: | 11,568.0 |
| Lot Size Acres: | 0.27 |
| Architectural Style: | Traditional |
| Waterfront?: | No |
| City: | Washington |
| Counties Or Regions: | Washington |
| Postal Code: | 20020 |
| Year Built: | 1944 |
| Number Of Units Total: | 4 |
| Listing Agreement: | Exclusive Right |
| Frequency: | Annually |
| Three Bedroom Units: | 6 |
| Single Room Units: | 1 |
| Client Application Edited Yn: | Yes |
| Mls List Date: | 2026-08-02 |
| State Or Province: | DC |
| Postal Code Plus4: | 1708 |
| Legal Subdivision: | Randle Heights |
| Possession: | Settlement |
| Directions: | Alabama Ave. SE to Jasper St SE |
| School District Sources: | Listing Agent |
| School District Key: | 121140357950 |
| Above Grade Finished Area: | 5,070 |
| Above Grade Finished Area Units: | Square Feet |
| Cooling: | Window Unit(s) |
| Construction Materials: | Brick |
| Foundation Details: | Slab |
| Accessibility Features: | None |
| Heating: | Radiator |
| Heating?: | Yes |
| Above Grade Finished Area Source: | Estimated |
| Living Area Source: | Estimated |
| Other Structures: | Above Grade |
| Year Built Source: | Estimated |
| Basement Yn: | No |
| Cooling Fuel: | Electric |
| Heating Fuel: | Natural Gas |
| Hot Water: | Natural Gas |
| Other Units: | Unit 1, Unit 1 |
| Type: | Detached |
| Type Of Parking: | On Street |
| Area Total: | 5,070 |
| Source Of Measure: | Estimated |
| Assessment Year: | 2026 |
| In City Limits Yn: | Yes |
| City Town Tax: | $6,524.00 |
| City Tax Frequency: | Annually |
| County Tax Frequency: | Annually |
| Land Use Code: | 0 |
| Tax Assessment Amount: | $911,700.00 |
| Tax Year: | 2026 |
| Zoning: | RA-1 |
| Listing Tax: | 5722//0058 |
| Ownership: | Fee Simple |
| Special Listing Conditions: | Standard |
| Lot Size Source: | Estimated |
| Lot Size Units: | Square Feet |
| Net Operating Income: | $83,557 |
| Number Of Units Leased: | 7 |
| Pool Types: | No Pool |
| Soil Types: | Unknown |
| Total Actual Rent: | $137,376 |
| Sewer: | Public Sewer |
| Water Source: | Public |
| Lease Types: | Long Term |
| Number Of Units Vacant: | 1 |
| Gross Income: | $128,976 |
| School District NameSchool District: | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
| Short Sales: | No |
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Property Last Updated: October 27, 2026 02:51 AM - ET
