4 Beds
4 Baths
2,964 SqFt
4 Beds
4 Baths
2,964 SqFt
Key Details
Property Type Townhouse
Sub Type Interior Row/Townhouse
Listing Status Active
Purchase Type For Sale
Square Footage 2,964 sqft
Price per Sqft $283
Subdivision Trinidad
MLS Listing ID DCDC2269830
Style Traditional
Bedrooms 4
Full Baths 4
HOA Y/N N
Abv Grd Liv Area 2,964
Year Built 1932
Annual Tax Amount $7,990
Tax Year 2025
Lot Size 2,867 Sqft
Acres 0.07
Property Sub-Type Interior Row/Townhouse
Source BRIGHT
Property Description
Skip the lease-up, avoid vacancy concerns, and start generating income from day one. This fully leased three-unit multifamily property offers immediate cash flow, stable tenancy, and exceptional long-term investment potential in one of Northeast Washington, D.C.'s fastest-growing neighborhoods.
Located in the vibrant Trinidad community, 1721 West Virginia Ave NE features an ideal unit mix with all three apartments currently occupied, providing a proven income-producing asset for investors seeking a turnkey addition to their portfolio or a strong 1031 Exchange opportunity.
Current Rental Income:
• Unit 1: 1 Bedroom | 1 Bath – $1,500/month
• Unit 2: 1 Bedroom | 1 Bath – $1,650/month
• Unit 3: 2 Bedrooms | 2 Baths – $2,580/month
Annual Gross Rental Income: Approximately $68,760
Each residence offers thoughtfully updated interiors with modern kitchens and bathrooms, comfortable floor plans, and quality finishes designed to attract and retain tenants. Rear off-street parking provides an added convenience that is increasingly valuable in the District.
An additional investment advantage is that each tenant pays their own utilities, helping reduce owner operating expenses and improve overall investment performance.
Positioned just minutes from Union Market, the H Street Corridor, Ivy City, NoMa, Gallaudet University, Union Station, Capitol Hill, and downtown Washington, D.C., the property enjoys outstanding access to shopping, dining, entertainment, Metro, New York Avenue (US-50), and major commuter routes. Continued redevelopment and strong rental demand throughout the surrounding area make this an exceptional opportunity for both immediate cash flow and long-term appreciation.
Whether you're expanding your portfolio, completing a 1031 exchange, or acquiring your first multifamily investment, this well-maintained, fully occupied property offers the rare combination of stability, income, and future growth potential.
A performing asset from day one. The tenants are in place. The income is established. The opportunity is yours.
Location
State DC
County Washington
Zoning RF-1
Rooms
Main Level Bedrooms 4
Interior
Interior Features Bathroom - Tub Shower, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Table Space, Wood Floors
Hot Water Natural Gas
Heating Central
Cooling Central A/C
Flooring Hardwood
Equipment Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Gas, Refrigerator, Washer, Washer/Dryer Stacked
Fireplace N
Appliance Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Gas, Refrigerator, Washer, Washer/Dryer Stacked
Heat Source Natural Gas
Laundry Dryer In Unit, Washer In Unit
Exterior
Garage Spaces 2.0
Water Access N
Accessibility None
Total Parking Spaces 2
Garage N
Building
Story 2
Foundation Other
Above Ground Finished SqFt 2964
Sewer Public Sewer
Water Public
Architectural Style Traditional
Level or Stories 2
Additional Building Above Grade, Below Grade
New Construction N
Schools
Elementary Schools Wheatley Education Campus
Middle Schools Wheatley Education Campus
High Schools Dunbar Senior
School District District Of Columbia Public Schools
Others
Senior Community No
Tax ID 4053//0049
Ownership Fee Simple
SqFt Source 2964
Special Listing Condition Standard
