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.
For sale
$839,999
1721 W Virginia Ave NE, Washington, DC 20002
4beds
2,964sqft
Townhouse
Built in 1932
2,867 Square Feet Lot
$826,000 Zestimate®
$283/sqft
$-- HOA
What's special
Rear off-street parkingComfortable floor plansThoughtfully updated interiorsModern kitchens and bathroomsQuality finishes
- 81 days
- 29
- 4
Zillow last checked:
Listing updated:
Listed by:
Melissa Melendez 520-404-1215,
eXp Realty LLC
Source: Bright MLS,MLS#: DCDC2269830
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
- Full bathrooms: 4
- Main level bathrooms: 4
- Main level bedrooms: 4
Basement
- Area: 0
Heating
- Central, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Washer, Washer/Dryer Stacked, Gas Water Heater
- Laundry: Dryer In Unit, Washer In Unit
Features
- Bathroom - Tub Shower, Dining Area, Family Room Off Kitchen, Open Floorplan, Eat-in Kitchen, Kitchen - Table Space
- Flooring: Hardwood, Wood
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 2,964
- Total interior livable area: 2,964 sqft
- Finished area above ground: 2,964
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Off Street, On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Exterior features: Sidewalks
- Pool features: None
Lot
- Size: 2,867 Square Feet
- Features: Urban Land Not Rated
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 4053//0049
- Zoning: RF-1
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Traditional
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Other
Condition
- Excellent
- New construction: No
- Year built: 1932
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Trinidad
HOA
- Has HOA: No
Location
- Region: Washington
Financial & listing details
- Price per square foot: $283/sqft
- Tax assessed value: $909,960
- Annual tax amount: $7,990
- Date on market: 7/16/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
$826,000
$785,000 - $867,000
$5,217/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/16/2026 | Listed for sale | $839,9990%$283/sqft |
Source: | ||
| 6/24/2026 | Listing removed | $840,000$283/sqft |
Source: | ||
| 6/3/2026 | Price change | $840,000-5.1%$283/sqft |
Source: | ||
| 3/3/2026 | Price change | $885,000-1.6%$299/sqft |
Source: | ||
| 12/10/2025 | Listed for sale | $899,000$303/sqft |
Source: | ||
| 12/1/2025 | Listing removed | $899,000$303/sqft |
Source: | ||
| 10/13/2025 | Price change | $899,000-4.9%$303/sqft |
Source: | ||
| 6/13/2025 | Price change | $945,000-3.1%$319/sqft |
Source: | ||
| 3/7/2025 | Listed for sale | $975,000+204.7%$329/sqft |
Source: | ||
| 3/10/2018 | Listing removed | $2,295$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 2/27/2018 | Price change | $2,295-4.2%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 1/23/2018 | Listed for rent | $2,395+9.1%$1/sqft |
Source: Zillow Rental Manager Report a problem | ||
| 11/22/2016 | Listing removed | $2,195-4.4%$1/sqft |
Source: Wexford Property Management LLC - Property # 97372 Report a problem | ||
| 1/7/2016 | Listing removed | $320,000$108/sqft |
Source: Owner Report a problem | ||
| 1/6/2016 | Listed for sale | $320,000-36%$108/sqft |
Source: Owner Report a problem | ||
| 7/27/2015 | Listing removed | $2,295$1/sqft |
Source: Urbane Results LLC - Property # 97372 Report a problem | ||
| 6/18/2015 | Price change | $2,295-4.4%$1/sqft |
Source: Urbane Results LLC - Property # 97372 Report a problem | ||
| 5/19/2015 | Listed for rent | $2,400+92%$1/sqft |
Source: Urbane Results LLC - Property # 97372 Report a problem | ||
| 3/19/2014 | Sold | $500,000-5.7%$169/sqft |
Source: Public Record Report a problem | ||
| 9/13/2013 | Pending sale | $530,000$179/sqft |
Source: Senate Realty, LLC #DC8124920 Report a problem | ||
| 9/5/2013 | Price change | $530,000-5.4%$179/sqft |
Source: Senate Realty, LLC #DC8124920 Report a problem | ||
| 8/7/2013 | Listing removed | $1,250 |
Source: Senate Realty / 202-742-7290 Report a problem | ||
| 8/7/2013 | Listed for sale | $560,000+233.3%$189/sqft |
Source: Senate Realty, LLC #DC8124920 Report a problem | ||
| 7/4/2013 | Price change | $1,250-3.8% |
Source: Senate Realty, LLC #DC8062101 Report a problem | ||
| 6/11/2013 | Listed for rent | $1,300 |
Source: Senate Realty, LLC #DC8062101 Report a problem | ||
| 3/9/2009 | Sold | $168,000+24.4%$57/sqft |
Source: Public Record Report a problem | ||
| 5/16/2003 | Sold | $135,000$46/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $7,735 -3.2% | $909,960 -3.2% |
| 2025 | $7,990 -3.9% | $939,950 -3.9% |
| 2024 | $8,317 +2.8% | $978,500 +2.8% |
| 2023 | $8,087 +6.5% | $951,410 +6.5% |
| 2022 | $7,594 +14.1% | $893,370 +14.1% |
| 2021 | $6,657 +6.2% | $783,210 +6.2% |
| 2020 | $6,269 +24.4% | $737,580 +24.4% |
| 2018 | $5,038 +11.3% | $592,690 +11.3% |
| 2017 | $4,527 +15.6% | $532,540 +15.6% |
| 2016 | $3,916 +8.4% | $460,740 +8.4% |
| 2015 | $3,612 +44.1% | $424,950 +16.4% |
| 2014 | $2,506 -14.7% | $365,010 +5.7% |
| 2013 | $2,936 +24.1% | $345,430 +24.1% |
| 2012 | $2,367 -83% | $278,440 |
| 2011 | $13,922 +368.4% | $278,440 -20.4% |
| 2010 | $2,972 -0.9% | $349,670 -0.9% |
| 2009 | $3,000 +24.5% | $352,930 +28.9% |
| 2007 | $2,409 +44.2% | $273,800 +50.7% |
| 2006 | $1,671 +20.7% | $181,630 +26% |
| 2005 | $1,384 +32.1% | $144,190 +32.1% |
| 2004 | $1,048 +22.8% | $109,150 +22.8% |
| 2003 | $853 +15% | $88,860 +15% |
| 2002 | $742 -21.5% | $77,272 -6% |
| 2001 | $945 | $82,204 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: Trinidad
Nearby schools
Schools provided by the listing agent
- Elementary: Wheatley Education Campus
- Middle: Wheatley Education Campus
- High: Dunbar Senior
- District: District Of Columbia Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.







