1721 West Virginia Avenue, WASHINGTON, District of Columbia image 1
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MLS: #DCDC2269830, Listed By: Melissa Melendez, eXp Realty LLC, Source:Bright MLS

1721 West Virginia Avenue

WASHINGTON, DC 20002
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$839,999 $3,541/Mo
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Bed 4

Bed

Bath 4

Bath

SqFt2,964

Sqft

Acres0.07

Acre(Lot)

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 Bedroo ms | 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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Detail Ic Property Details

Property Type : Residential

Price : $839,999

AD Id : 88128266

MLS Id : DCDC2269830

Beds : 4

Lot Size : 0.07 Acre

Living Area Size : 2,964 Sq. Ft

Tax Amount : $7,990

Year Built : 1932

County : WASHINGTON

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Feature Features

  • Bedroom Information

    Total beds: 4

    Bathroom Information

    Total Baths: 4 Full Baths: 4

  • Flooring Information

    Wood, Hardwood

  • Interior Features

    Eat-in Kitchen, Open Floorplan Appliances: Range, Gas Range, Gas Oven, Gas Water Heater, Washer, Built-In Range, Dishwasher, Disposal, Dryer, Microwave, Refrigerator, Washer/Dryer Stacked

  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Central Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 1932 Building Area Total: 2964 Construction Materials: Brick Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Acres: 0.07 Lot Size Source: Assessor Lot Size Square Feet: 2867

    Property Information

    Subdivision: TRINIDAD Source Property Type: Residential Postal Code Plus 4: 2346 Property SubType: Townhouse Levels: Two Property Age: 94

  • Listing Price Information

    Listing Price: $839999

  • Tax Information

    Parcel Number: 4053//0049 Tax Lot: 49 Tax Year: 2025 Annual Tax: $7990

  • Parking Information

    Parking Total: 2 Off Street, On Street

  • School Information

    Elementary School: WHEATLEY EDUCATION CAMPUS
    Junior High School: WHEATLEY EDUCATION CAMPUS
    Senior High School: DUNBAR SENIOR

  • Location Information

    Direction: Cross street to Mt Olivet Rd NE WaterSource: Public
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621 21st Street, Washington, DC, 20002 $550,000 3 1 1,890 0.04 Acre
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1946 I Street, Washington, DC, 20002 $499,900 4 -- 1,400 0.03 Acre
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1339 Queen Street, Washington, DC, 20002 $423,000 3 2 1,570 0.05 Acre
1325 Queen Street, Washington, DC, 20002 $819,999 3 3 1,698 0.05 Acre
1125 Orren Street, Washington, DC, 20002 $459,990 3 1 2,074 0.04 Acre
1943 Capitol Avenue, Washington, DC, 20002 $649,000 3 1 918 0.04 Acre

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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 10/07/2026 @ 18:11

MLS: DCDC2269830 LISTED BY: Melissa Melendez, eXp Realty LLC 703-425-3582 SOURCE: Bright MLS

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