
Best Up-And-Coming Neighborhoods For DC Investors
Buying
Do you ever catch yourself wondering what the future of real estate might look like in DC, and how you can play a vital role in our city’s evolution? If this thought has ever crossed your mind before, you’re not alone. And the best part?
We’re here to help you get ahead of the competition. Whether you’re looking to expand your investment portfolio into unchartered territories or hoping to get the inside track on where profits are projected to follow, here are the best up-and-coming neighborhoods for DC investors today.
Brightwood
This growing enclave boasts ample green space, convenient access to parks, and a lot of fantastic amenities (to name just a few). Located along Georgia Avenue, Brightwood features a diverse range of cafes, businesses, and new developments. In other words? It offers the ultimate combination of old and new. Brightwood is also historically significant, both as the location of Fort Stevens — the only Civil War combat fought in DC — and as a neighborhood with Art Deco, Tudor, and Colonial-style residences.
Commuters in this DC neighborhood can also make use of the adjacent Metrorail Red Line or ride their bikes to work on Brightwood’s handy bike trails. The median buying price of a home is $600,254.
Wish to invest in DC real estate? You may find these blogs helpful.
- Managing Your Investment Property Like A Pro
- Everything You Should Know About Buying a DC Investment Property
Columbia Heights
Columbia Heights is a big urban area in Washington, DC, and a popular choice for anyone looking to buy an investment property in this day and age. This district, which is full of contemporary architecture, offers a wide range of housing alternatives, from magnificent rowhouses to sophisticated condos.
Historic architecture can also be found, particularly along 14th and 16th Streets NW, where various embassies and international organizations are housed in 19th-century structures.
Harriet Tubman Elementary School and Benjamin Banneker Academic High School are both nearby, and commuting professionals have lots of public transportation alternatives. The median buying price of a home is $549,242.
Brookland
Who’d have guessed that a neighborhood famed for its churches and monasteries would become such a popular rental location in Washington, DC? Nicknamed “Little Rome” because of the many gorgeous churches and Catholic universities in the vicinity, Brookland also has several art galleries and eccentric businesses worth stopping by.
The neighborhood is significantly quieter than other parts of DC, with many older homes nestled on tree-lined lanes. According to Auction.com, this location contains a lot of fixer-uppers and flips, and it’s easily accessible to students, young professionals, and families due to the abundance of transit and buses. The typical sale price is $512,000, while the median property price is $502,000.
Trinidad
Located within the northeast region of the city, Trinidad DC has earned its reputation as a residential neighborhood in its own right. The enclave is bordered by Bladensburg Road to the east and West Virginia Avenue to the west, while Florida Avenue provides its southern boundary and Mt. Olivet Road its northern one. Situated within Ward 5, Trinidad is surrounded by historic areas such as the Old City, although it’s now one of Washington’s DC’s hottest areas to call home — thanks to the many well-maintained Victorians and Craftsman-style row homes that line the streets.
Other notable regions nearby include the Capital City Market — also sometimes known as the Florida Market — and Gallaudet University, located to the neighborhood’s west.
Preparing to buy a home in DC? Read these other blog posts for important tips.
- How to Make Your Offer Stand Out
- How Many Properties to Tour Before Submitting an Offer?
- How to Help Your Child Buy a Home
Woodridge
Quiet, wooded, and residential aren’t words that typically come to mind when describing a Washington, DC, suburb, but somehow Woodridge hits all three. Located in northeast DC along the border of Maryland, this idyllic neighborhood features spacious lots and ample trees — not to mention the fact that it’s less than 5 miles from downtown.
Here, prospective buyers can choose from early-1900s builds, Craftsman styles, bungalows, and even more modern construction. For those looking for smaller residences, this neighborhood also has condo and apartment options.
While this neighborhood isn’t known as a retail or dining destination, it does feature locally owned shops for all your basic needs. For your morning pick-me-up, head to Zeke’s Coffee. For groceries, markets surround the neighborhood, and for an evening bite, try the popular His & Hers restaurant.
Being a part of the nation’s capital gives Woodridge residents an endless list of things to do. Use the city’s Metrorail and bus systems to get to where you need to go; simply on the Red line at Rhode Island Avenue Station and take it downtown for a quick commute.
Looking to buy a high-potential investment property? We’re here to help. Reach out today! Give us a call at 202.280.2060 or email us directly at jsmira@jennsmira.com.