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1721 West Virginia Ave NE , Washington, DC 20002
$839,999
Est. Payment: $4,660.58/mo
4 Bed
4 Bath
2964 Sqft
0.07 Acres
Status: active | Days on site: 107
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EXPY12 - 3316096
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House Description

100% Occupied | Approx. $68,760 Gross Annual Rental Income | Turnkey Investment Opportunity 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.

Highlights

Listed by Melissa Anne Melendez , 5204041215 eXp Realty LLC , 7034253582. Bright MLS

Property Type

Townhome

Lot/Acreage
0.07

Year Built

1932

County

Washington

Neighborhood

Trinidad

School District

District Of Columbia Public Schools

Listing ID

DCDC2269830

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4
Appliances:Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Gas, Refrigerator, Washer, Washer/Dryer Stacked
Air Cond:Central A/C
Fireplaces:
Floor:Hardwood
Above Ground Sq Ft:2964
Other:
  • ▪ Main Floor Bedrooms:4
  • ▪ Additional:Bathroom - Tub Shower, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Table Space, Wood Floors
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Garage Capacity:2
Zoning:RF-1
Others:
  • ▪ Additional:Sidewalks, Excellent
Sewer:Public Sewer
Parking Features:Off Street,On Street,2+ Spaces,1+ Spaces
Principal Interest
$4,661
Taxes
$666

Home Price

$839,999

Loan Details

30 yrs
7.417%

Down Payment

20%
$168,000
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:
$4,660.58

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,660.58 $665.83 $0.00 $5,326.42
Yearly $55,926.99 $7,990.00 $0.00 $63,916.99
Total $1,677,809.70 $239,700.00 $0.00 $1,917,509.70
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: 2026-11-14T11:13:36.000Z

© 2026 Bright MLS