This triplex in DC's Lincoln Heights consists of three 1BR/1BA units. With local comp data and citywide averages showing 1BR rents in the $1,350–$1,465 range, total monthly revenue is estimated at $4,050–$4,395. With an asking price of $458K, the gross rent multiplier (GRM) is highly competitive for DC. Market conditions in 2025 are strong—rents have rebounded, occupancy is high (around 96%), and supply growth is slowing, all of which favor investors. The property’s proximity to the planned new Commanders stadium should further boost demand and rent growth. Condition appears good, though amenities are basic (no central cooling or assigned parking). The main challenge: tenants in DC are choosier, so updates and service matter more than ever.

Consider cosmetic upgrades and modernizing kitchens or baths to stand out in a competitive, renter-focused market. Adding in-unit laundry or mini-split AC could push rents toward the higher end of the range. If selling, highlight the strong rental history, upside potential, and the area’s growth story—especially the stadium development. Investors should seek stable, long-term tenants and review local rent control and tenant laws closely.