$899,000

1721 WEST VIRGINIA AVE NE, Washington, DC 20002

  • 2,964 sqft
  • Property Icon Triplex
  • Property Year Built Icon Built in 1932
  • Property Lot Size Icon3,049sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $303/sqft
  • Property List Date Icon Listed 12 days ago

Property Description

A rare opportunity for investors seeking a well-maintained, income-producing multi-family property in one of D.C.’s rapidly evolving neighborhoods. This three-unit property in Trinidad near Ivy City and the H ST Corridor offers immediate rental income, stable tenancy, and strong long-term appreciation potential in a submarket known for continued growth and redevelopment. The current unit mix reflects consistent performance across all units. Unit 1 – 1BR/1BA: Market rent is $1,575 a month: Spacious, well-laid out, currently vacant for showings until February, 2026 | Unit 2 – 1BR/1BA: $1475 a month: Occupied with steady income | Unit 3 – 2BR/2BA: $2579 a month: Occupied with steady income. Each residence benefits from thoughtful updates, solid systems, and responsible maintenance over the years, ensuring low operational demands for future ownership. Tenants enjoy comfortable layouts, modernized kitchens and baths, and access to parking in the rear, a valuable amenity in this neighborhood. Positioned in a neighborhood experiencing major residential and commercial momentum, this property is surrounded by sought-after amenities, new development, and easy access to NoMa, H Street, Union Market, Metro, and key commuter corridors, supporting strong ongoing tenant demand and long-term value growth. Whether you’re expanding your portfolio, exploring a live-in investor strategy by occupying one unit and renting the others, or seeking a 1031 exchange replacement, this Trinidad three-unit building represents a compelling turnkey investment with reliable returns and meaningful upside in one of D.C.’s most promising submarkets.

Listing Status:
Active
Listing Office:
Compass : 2023866330
Listing Agent:
Jennifer S Smira : 2022802060
MLS ID:
DCDC2234166
  • General: Floor Plan - TraditionalKitchen - GourmetWood Floors
  • Appliances: Stainless Steel Appliances
  • A/C: Central A/C
  • Heating: CentralNatural Gas
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Traditional
  • General: BrickBrick/Mortar
  • Originating MLS: BRIGHT_MAIN
  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • County: WASHINGTON-DC
  • Zoning: RF-14053//0049
  • Water: Public
  • Sewer: Public Septic
  • Source: BRIGHT_MAIN

This listing courtesy of Jennifer S Smira, Compass

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

W

Wheatley Education Campus

1299 Neal St NE, Washington, DC, 20002

Grades EE-8

0.45 miles away

W

Wheatley Education Campus

1299 Neal St NE, Washington, DC, 20002

Grades EE-8

0.45 miles away

P

Phelps Architecture Construction and Engineering High School

704 26th St NE, Washington, DC, 20002

Grades 9-12

0.94 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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