4508 B STREET SE 3, WASHINGTON, DC 20019
MARSHALL HEIGHTS · WASHINGTON County
Key Facts
Description
Buy before RFK development gets underway! This well-maintained 2-bedroom, 2-bathroom condo offers a functional layout with modern amenities and a strong investment potential. Featuring a new HVAC system, new ceiling fans, and a new fridge, the property is ready for comfortable living or rental income with minimal maintenance needs. Currently tenant-occupied, this home provides immediate cash flow for buyers seeking an investment property. The excellent rent-to-purchase price ratio offers both short-term rental income and long-term equity growth. Additionally, the $15K special assessment has already been fully paid, ensuring no additional costs for property improvements. Located just a short walk from Benning Metro, commuting around the city is convenient and stress-free. Ample street parking adds to the practicality of the property. The neighborhood is on the verge of transformation which points towards appreciation potential with major projects like the RFK campus redevelopment and PEPCO Benning Road Facility redevelopment, promising future growth and increased property values. This property is situated in an area aligned with DC’s 2050 Comprehensive Plan for equitable growth, offering a foundation for long-term community development. Whether you’re looking for a home or an investment, this opportunity offers a balanced combination of value and potential. Photos may be virtually staged
Property Information
Property Type
Residential
Sub-Type
Condominium
Style
Traditional
Year Built
1947
Living Area
650 sq ft
Zoning
RA-1
Days on Market
75
MLS® Listing#
DCDC2255336
Property Features
Interior
Appliances
Cooling
Heating
Pool
Parking
Laundry
Construction
Foundation
Windows
Sewer
Water Source
Schools
- Elementary:
- NALLE
- Middle:
- KELLY MILLER
- High:
- H.D. WOODSON
- District:
- DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Financial Details
HOA
None
Annual Taxes
$1,084
Tax year 2025
Assessed Value
$148,520
Parcel Number
5346//2043
Directions
From downtown Washington, DC, take Pennsylvania Ave SE heading east. Continue straight and turn right onto Branch Ave SE. Proceed on Branch Ave SE, then turn left onto B St SE. Continue on B St SE to reach 4508 B St SE #3, Washington, DC 20019. The property will be on the right.
Affordability Calculator
$30,000
Estimated monthly payment
$798/mo
Principal $120,000 · Est. interest $167,411 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in WASHINGTON, DC
- $549,699
- Median Listing Price
- 69
- Median Days on Market
- 1,257
- Median Sq Ft
- $475
- Median Price / Sq Ft
- 2,872
- Active Listings
- This home’s price is 73% below the area median.
- Its price per sq ft is 51% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in WASHINGTON, DC.
Location
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Points of Interest in WASHINGTON, DC
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Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 1800 28TH PLACE SE 2, WASHINGTON, DC | $109,999 | 1 | 1 | 654 |
| 3107 NAYLOR ROAD SE 302, WASHINGTON, DC | $110,000 | 2 | 1 | 848 |
| 1436 W NW 405, WASHINGTON, DC | $113,950 | 1 | 1 | 570 |
| 2400 GOOD HOPE ROAD SE 3, WASHINGTON, DC | $115,000 | 2 | 1 | 816 |
| 4506 BROOKS STREET NE, WASHINGTON, DC | $115,000 | 2 | 2 | 1,626 |
| 1712 W STREET SE 17, WASHINGTON, DC | $119,900 | 2 | 2 | 837 |
Moving Cost Estimate
EXIT Agents in WASHINGTON
Listing Courtesy: Keller Williams Realty - 7036791700