1721 West Virginia Avenue NE
Washington, DC, 20002 $ 839,999
Bedrooms4 Baths4.0 Sq 2,964 Monthly Estimate*
$ 5,304
for $839,999 with 4 bedrooms and 4 full baths. This 2,964 square foot townhouse was built in 1932 on a lot size of 0.07.
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.
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FeaturesGeneralLiving Area 2964
Sewer Public Sewer
Heating Central
Cooling Central A/C
Possession Negotiable
Appliances Built-In Microwave Built-In Range Dishwasher Disposal Dryer Microwave Oven/Range - Gas Refrigerator Washer Washer/Dryer Stacked
Zoning RF-1
Architectural Style Traditional
Construction Materials Brick
School District DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Year Built 1932
Levels 2
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County WASHINGTON
New Construction N
Property Type Residential
HOA N
Subdivision Name TRINIDAD
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Full Baths 4
Status ACTIVE
Directions Cross street to Mt Olivet Rd NE
City WASHINGTON
Senior Community Y/N N
Lot Size Units Square Feet
Lot Size Square Feet 2867.00
Tax Annual Amount 7990.0
Property Condition Excellent
Structure Type Interior Row/Townhouse
Condo/Coop Association fee Y/N N
Bathrooms Full Main Level 4
Bathrooms Count Main Level 4.00
Price Per Sq Ft Total AG 283.4
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision Trinidad
Tax Lot 49
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InteriorInterior Amenities Bathroom - Tub Shower Dining Area Family Room Off Kitchen Floor Plan - Open Kitchen - Eat-In Kitchen - Table Space Wood Floors
Heating Fuel Natural Gas
Flooring Hardwood
Hot Water Natural Gas
Basement (Y/N) N
Heating Y/N Y
Fireplace Y/N N
Above Grade Finished Area 2964
Central Air Y/N Y
Total Bedrooms 4
Below Grade Finished Area 0
Main Level Bedrooms 4
Below Grade Finished Area Unit Type Square Feet
Laundry Type Dryer In Unit Washer In Unit
Below Grade Finished Area Source Assessor
Above Grade Finished Area Source Assessor
Above Grade Finished Area Unit Type Square Feet
Total Baths 4
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ExteriorExterior Amenities Sidewalks
Pool No Pool
Water Source Public
Type of Parking Off Street On Street
Foundation Details Other
Water View Y/N N
Lot Size Acres 0.07
Lot Size Source Assessor
Waterfront Y/N N
Soil Types Urban Land Not Rated
Land Assessed Value 496710.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList Bymmelendez@teamdda.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,304
- Monthly Property Taxes
- $666
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyTownhouse listings in Washington, DC
Average List Price $958,383
Percent of Sale Price 14%
About Washington, DC 701,213 Population
23% Since 2002
$ 81,899 Median Income
37.42 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
3545331 Elementary School
3545778 Middle School
Dunbar Senior High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 7/16/2026 | $839,999 | | Listed Price |