Duplex Opportunity in SE Washington, DC - Pennsylvania Ave/Minnesota Ave

[Justin Carter]

Hello BP Community,

I am looking at a duplex in SE DC, right off of Pennsylvania Ave/Minnesota Avenue. The duplex is brand new construction and is being offered at $799K. I was thinking this could be a good house hacking opportunity. One unit is 3 Br 3 Ba with a rooftop deck and the other unit is 2 Br 2 BA. Redfin has classified the asset as being apart of the "Hillcrest" community and it's positioned right off of 295 and is a 3 minute drive from Capitol Hill. The developer built 8 of these townhouse duplex properties, 7 of which have already been sold, with sale prices ranging from $779K-$810K. Has anyone had any experience investing in this area and any idea how the neighborhood is? I personally thought that paying $800K for a duplex in this part of SE was a bit aggressive, but 7 other buyers felt otherwise so would love to get some other opinions. Based on what I've seen online, I think the 3 BR unit can go for $3K-3.3K in rent and the 2 BR could go for $2-2.5K in rent. 

Open to everyone's thoughts!