About the Listing GRYS1 - 136386

"THE OPPORTUNITY 3205 Buena Vista Terrace SE presents a four-unit multifamily investment opportunity in the Bellevue neighborhood of Southeast Washington, DC. The property consists of four 3BR/1BA units, with 50% current occupancy, offering a mix of immediate rental income and available space for an owner-occupant. The combination of large unit layouts, proximity to schools, and strong transit access makes this asset attractive to both investors and live-in buyers. RENT CONTROL EXEMPT As a four-unit building, 3205 Buena Vista Terrace SE qualifies for DC’s rent control exemption for first-time multifamily owners. This status enables market-rate rent adjustments and greater long-term flexibility, providing a strategic advantage for smaller investors or owner-occupants looking to grow income over time. IDEAL FOR OWNER-OCCUPANT With two of the four units currently vacant, the property presents an excellent opportunity for an owner-occupant to move in and offset housing costs with income from the remaining tenants. This structure supports an affordable path to homeownership with long-term equity growth in a neighborhood poised for continued development. FAMILY-SIZED THREE-BEDROOM UNITS All four units are three-bedroom, one-bathroom layouts, catering to families and renters seeking more space. The larger floorplans help command stronger rents and attract long-term tenants in a submarket with limited supply of affordable multi-bedroom rentals. SCHOOL-ADJACENT LOCATION The property is located directly next to Garfield Elementary School, providing an added layer of convenience for family-oriented tenants. The walkable proximity to a public school enhances tenant retention and supports stable occupancy. WELL-CONNECTED VIA METROBUS 3205 Buena Vista Terrace SE sits adjacent to both the C27 and D1X Metrobus routes. The C27 provides connections to key Southeast DC destinations, while the D1X offers express service west through Capitol Hill and into Downtown DC and the West End. These reliable transit options improve accessibility to job centers and increase rental demand across multiple tenant profiles."

Listing Highlights