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2029 E undefined NE , Washington, DC 20002
$650,000
Est. Payment: $3,606.41/mo
4 Bed
4 Bath
2392 Sqft
0.07 Acres
Status: active under contract | Days on site: 54
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RMAX20 - 59787
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House Description

VALUE-ADD 4-UNIT MULTIFAMILY OPPORTUNITY Positioned near the transformational RFK Campus redevelopment, 2029 E Street NE offers an investor the opportunity to acquire an established four-unit multifamily asset and unlock its potential through renovation and repositioning. The property features four 1-bedroom/1-bath units, approximately 2,006 sq. ft. of above-grade living area, plus a 375-sq.-ft. basement. The building has not been substantially updated in years, creating an opportunity to modernize the units, improve the overall property, enhance rental income potential, and build long-term value. BUY → RENOVATE → REPOSITION → INCREASE INCOME POTENTIAL The property is currently RF-1-zoned and two stories tall. Investors may wish to explore the property's potential for vertical expansion, subject to DC zoning, building code requirements, structural feasibility, permitting, and government approvals. Buyer to independently verify development and expansion potential with the DC Department of Buildings and appropriate land-use professionals. LOCATION + FUTURE INVESTMENT Approximately 0.7 miles from Stadium-Armory Metro, with Blue, Orange, and Silver Line service, and near the planned 180-acre RFK Campus redevelopment. Plans for the RFK Campus include a new, approximately 65,000-seat, roofed Washington Commanders stadium, thousands of new residences, restaurants, retail, hotels, entertainment, parks, recreation, and major infrastructure improvements. The new stadium is targeted to open in 2030. What could 2029 E Street NE become after a thoughtful renovation and repositioning?

Highlights

Listed by Ressie R Wallace Wilson , 2023599641 RE/MAX Allegiance , 2025475600. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.07

Year Built

1943

County

Washington

Neighborhood

Stadium/Rosedale

School District

District Of Columbia Public Schools

Listing ID

DCDC2279242

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4
Air Cond:Wall Unit
Fireplaces:
Above Ground Sq Ft:2392
Basement:Outside Entrance,Unfinished
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Zoning:RF-1
Others:
  • ▪ Additional:Street Lights, Sidewalks, Below Average
Sewer:Public Sewer
Parking Features:Alley,On Street
Principal Interest
$3,606
Taxes
$305

Home Price

$650,000

Loan Details

30 yrs
7.417%

Down Payment

20%
$130,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,606.41

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,606.41 $304.60 $0.00 $3,911.00
Yearly $43,276.89 $3,655.17 $0.00 $46,932.06
Total $1,298,306.67 $109,655.10 $0.00 $1,407,961.77
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Washington, DC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-13T21:11:33.000Z

© 2026 Bright MLS