In Anacostia, a three-story home and two storefront businesses are on the market, located at 1431, 1433, and 1435 Good Hope Road SE.
With all three properties totaling $1.4 million, that amounts to roughly $466,666 per listing. For February 2017, the median listing price in Anacostia was $425,000, according to Redfin, so these properties aren’t too far off from what you might find in the area.
Each of their locations aren’t too far from a recently opened Walgreens and a planned project at Anacostia’s Gateway.
At the Gateway, more specifically at 1201-1215 Good Hope Road SE and 1909 Martin Luther King Jr. Avenue SE, there are plans for a brand new 50,500-square-foot commercial development with accessible neighborhood-serving retail, tech incubator, and a full-service sit-down restaurant.
With this and more developments planned for the neighborhood, expect property values to continue to increase. The current median listing price for the neighborhood is 29.1 percent higher when compared to the previous year. The median sold price, $421,000, is also 68.4 percent higher year-over-year.
• 1435 Good Hope Road SE [Redfin]
• Anacostia's Biggest Up-and-Coming Developments, Mapped [Curbed DC]