$899,000

3162 Buena Vista Terrace SE Washington, DC 20020

Garfield Heights Neighborhood

Estimated payment $5,558/month

Total Views 37
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

Highlights

  • 0.18 Acre Lot
  • Wood Flooring
  • Geothermal Heating and Cooling

About This Home

Discover an exceptional value-add opportunity with this 6-unit multifamily property in Randle Heights/Garfield Heights. Boasting a mix of occupied and vacant units, Each unit features 3 bed 1 bath apartments. this asset offers immediate income generation with the potential to increase rents through a voucher program well over $2300 per unit.With a current gross monthly rent of $6,109 and two vacant units ready for leasing, investors have the flexibility to optimize cash flow. Monthly operating expenses remain low, enhancing the property's overall return potential. Conveniently located near public transportation, major commuter routes, and key amenities, this property is ideal for investors looking for a 1031 Exchange or looking to expand their portfolio.Don’t miss this chance to secure a high-performing asset in a thriving rental market! Contact us today for financials and to schedule a showing.

Listing Agent

Abel Gebremichael

Keller Williams Capital Properties

Keller Williams Capital Properties

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $6,599

Year Built

  • Built in 1944

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction

Utilities

  • Radiator
  • Geothermal Heating and Cooling

Additional Features

  • Wood Flooring
  • 7,778 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Assessor Parcel Number 5722//0054

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,599

Year Built

Built in 1944

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1944
  • Remarks Public: Discover an exceptional value-add opportunity with this 6-unit multifamily property in Randle Heights/Garfield Heights. Boasting a mix of occupied and vacant units, Each unit features 3 bed 1 bath apartments. this asset offers immediate income generation with the potential to increase rents through a voucher program well over $2300 per unit. With a current gross monthly rent of $6,109 and two vacant units ready for leasing, investors have the flexibility to optimize cash flow. Monthly operating expenses remain low, enhancing the property's overall return potential. Conveniently located near public transportation, major commuter routes, and key amenities, this property is ideal for investors looking for a 1031 Exchange or looking to expand their portfolio. Don’t miss this chance to secure a high-performing asset in a thriving rental market! Contact us today for financials and to schedule a showing.
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Flooring Type: Wood
  • Fireplace: No
  • Foundation Details: Other
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 3162

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Geothermal
  • Heating Fuel: Geo-Thermal
  • Heating Type: Radiator
  • Heating: Yes
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.18
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 7778.00
  • Soil Types: Clay
  • Year Assessed: 2024
  • Zoning: 021
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6599.00
  • Assessor Parcel Number: 5722//0054
  • Tax Year: 2024

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3,Unit 6

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
04/24/2025 04/24/25 For Sale $899,000 -10.0% --
03/14/2025 03/14/25 Price Changed $999,000 -9.2% --
02/28/2025 02/28/25 For Sale $1,100,000 -- --
Source: Bright MLS

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Source: Bright MLS

MLS Number: DCDC2197392

Bright MLS

District of Columbia District of Columbia County Washington 20020 Garfield Heights

3162 Buena Vista Terrace SE, Washington, DC

Homes for Sale in Washington, DC

This home is located at 3162 Buena Vista Terrace SE, Washington, DC 20020 and is currently priced at $899,000. This property was built in 1944. 3162 Buena Vista Terrace SE is a home located in District of Columbia with nearby schools including Garfield Elementary School, John Hayden Johnson Middle School, and Ballou High School.

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Abel Gebremichael
Listing Agent
Abel Gebremichael
Section Image
Keller Williams Capital Properties
(202) 601-0160