1123 PENN ST NE, Washington, DC 20002

• 2,784 sqft

Property Description

Calling all investors! This 4-unit multifamily property in the heart of Trinidad offers a rare turnkey renovation opportunity in one of DC's most vibrant and rapidly appreciating neighborhoods. The building features four spacious 1-bedroom units, fully vacant and ready for your vision, whether that's a full gut renovation or a boutique rental portfolio addition. Trinidad is a dynamic, community-oriented neighborhood offering unbeatable convenience: close to Union Market's acclaimed dining and shopping complex, enjoy easy access to nearby universities, and take your pick of local restaurants and grocery stores just steps away. With Metro access nearby and only minutes to downtown DC and Capitol Hill, this location is a strong draw for future tenants seeking an urban lifestyle with easy commuting options. With all four units vacant, investors have full flexibility to renovate on their own timeline and maximize rental income potential in a neighborhood experiencing strong demand and continued growth. Don't miss this opportunity to invest in one of DC's up-and-coming corridors.

Listing Status:

Active

Data Last Updated:

August 20, 2026 at 4:19PM

Listing Office:

Long & Foster Real Estate, Inc. : 2029661400

Listing Agent:

Wendy A Gadson : 2024450226

MLS ID:

DCDC2274912

Interior

• A/C: None
• Heating: Hot WaterElectric
• Disability Feature: None

Exterior

• General: Above GradeBelow Grade
• Style: Other

Construction

• General: BrickPermanent

Location

• Originating MLS: BRIGHT_MAIN
• School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
• County: WASHINGTON-DC

Lot

• Zoning: R14059//0840

Utilities

• Water: Public
• Sewer: Public Sewer

Financial

• Source: BRIGHT_MAIN