3919 R Street SE

3919 R Street SE, Washington, D.C. ( Fort Dupont Park) 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 one currently vacant, offering immediate flexibility for new tenants or an owner looking to occupy a unit. Each unit is separately metered. Current Rent Roll: Three occupied units generating $51,530 annually. Tenants pay gas and electric. Two units with one year lease (New lease signed on Nov 2025) One unit month to month One unit vacant 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). 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 youre expanding your portfolio or seeking a property that generates income while you live in it.