Investment / Development Opportunity – 36-Unit Multifamily Portfolio 4559–4569 Benning Road SE and 4480 C Street SE, Washington, DC 20019 Formerly Known as Bennington Apartments Offered for sale as a single portfolio, 4559–4569 Benning Road SE and 4480 C Street SE comprise three adjacent multifamily apartment buildings located in the Fort Dupont neighborhood of Southeast Washington, DC. Each three-level building contains four units per level, totaling twelve (12) units per building and thirty-six (36) apartments overall. A rear, surface parking lot with 24 spaces serves all three buildings. According to a third-party report, the property was built in 1965 and renovated in 2021, with approximately 25, 434 rentable square feet, consisting entirely of 3BR/1BA apartments averaging 707 SF, on a lot size of 28, 485 SF (0.65 acres). All three buildings will be sold together and are currently vacant and boarded, creating a rare opportunity for an investor or developer to execute a comprehensive renovation, repositioning, or redevelopment strategy without the challenges of in-place tenancy and resident relocation. The property is located along the Benning Road corridor in the Fort Dupont area, a community that has experienced continued public infrastructure investment and neighborhood revitalization. The location offers convenient access to mass transit, including the nearby Benning Road Metro station (Blue and Silver lines) just 0.3 miles away, multiple Metrobus stops within walking distance, and major commuter routes such as Benning Road, Minnesota Avenue, and East Capitol Street providing direct connectivity to Downtown DC, Capitol Hill, and major employment centers. Recreational amenities include Fort Dupont Park, Kenilworth Park & Aquatic Gardens, and the Anacostia Riverwalk Trail. Entertainment, dining, and cultural destinations in Capitol Hill, Navy Yard, and Downtown DC are easily accessible. This offering represents a compelling opportunity for investors to acquire a sizable 36-unit multifamily asset with parking, strong transit access in Washington, DC, and no TOPA constraints.
