In recent years, Washington, DC has emerged as a major hub of cultural, economic, and political activity, attracting a diverse range of residents and investors.
As the city continues to grow and evolve, the real estate market is presenting unique opportunities for real estate investors looking to get in on emerging neighborhoods.
While traditional hotspots like Georgetown and Capitol Hill have long been established as prime locations, a new wave of up-and-coming neighborhoods is capturing attention with their potential for significant returns.
Read on to learn the top DC neighborhoods to look at when you're real estate investing.
Eckington
Eckington is a historic neighborhood that is experiencing a resurgence. With its proximity to bustling areas like NoMa and Union Market, Eckington is quickly becoming a sought-after location for new residents and investors alike.
This neighborhood is characterized by its charming row houses, tree-lined streets, and a sense of community that is attracting young professionals and families. If you're new to the area, consider hiring a property manager.
Anacostia
Located east of the Anacostia River, Anacostia is a neighborhood rich in history and cultural significance. Known for its historic landmarks, including the Frederick Douglass National Historic Site, Anacostia is undergoing a transformation that is attracting new residents, businesses, and investors.
The neighborhood contains a mix of historic homes, newer developments, and scenic views of the river, offering a unique blend of old and new. That makes it a great option when you're looking for properties that will boost rental income when properly managed.
Key initiatives such as the 11th Street Bridge Park project are expected to enhance connectivity between Anacostia and other parts of the city, providing new recreational spaces and boosting local development.
Deanwood
Deanwood is one of the city's oldest neighborhoods, known for its rich African-American history and tight-knit community. The area is characterized by its historic charm, featuring a mix of single-family homes, row houses, and increasing new developments.
This area offers a suburban feel within the urban landscape of DC. That makes it an appealing choice for families and individuals seeking a quieter, community-oriented environment.
Transportation options in Deanwood are also a key factor driving its growth. The neighborhood is well-connected to the rest of the city via the Deanwood Metro station on the Orange Line, providing convenient access to downtown DC and other major employment centers.
Trinidad
Trinidad is benefiting significantly from the spillover development of the nearby H Street Corridor, which has become a hotspot for dining, entertainment, and cultural activities.
The revitalization of H Street has positively impacted Trinidad, leading to increased interest in the area and boosting property values. As the demand for housing in the H Street area grows, Trinidad stands to benefit from its proximity to these amenities while offering more affordable options.
Start Real Estate Investing in These DC Neighborhoods Today
Now that you know the top DC neighborhoods on the rise, it's time to start taking real estate investing seriously.
Are you ready to bring in property management help? PMI DC Metro is here for you. We help support landlords like you all across the country.
Contact us today.
