VALUE-ADD 4-UNIT MULTIFAMILY OPPORTUNITY Positioned near the transformational RFK Campus redevelopment, 2029 E Street NE offers an investor the opportunity to acquire an established four-unit multifamily asset and unlock its potential through renovation and repositioning. The property features four 1-bedroom/1-bath units, approximately 2,006 sq. ft. of above-grade living area, plus a 375-sq.-ft. basement. The building has not been substantially updated in years, creating an opportunity to modernize the units, improve the overall property, enhance rental income potential, and build long-term value. BUY → RENOVATE → REPOSITION → INCREASE INCOME POTENTIAL The property is currently RF-1-zoned and two stories tall. Investors may wish to explore the property's potential for vertical expansion, subject to DC zoning, building code requirements, structural feasibility, permitting, and government approvals. Buyer to independently verify development and expansion potential with the DC Department of Buildings and appropriate land-use professionals. LOCATION + FUTURE INVESTMENT Approximately 0.7 miles from Stadium-Armory Metro, with Blue, Orange, and Silver Line service, and near the planned 180-acre RFK Campus redevelopment. Plans for the RFK Campus include a new, approximately 65,000-seat, roofed Washington Commanders stadium, thousands of new residences, restaurants, retail, hotels, entertainment, parks, recreation, and major infrastructure improvements. The new stadium is targeted to open in 2030. What could 2029 E Street NE become after a thoughtful renovation and repositioning?
For sale
$650,000
2029 E NE, Washington, DC 20002
4beds
4baths
2,392sqft
Townhouse
Built in 1943
-- sqft lot
$-- Zestimate®
$272/sqft
$-- HOA
What's special
Two stories tall
- 7 days
- 44
- 3
Zillow last checked:
Listing updated:
Listed by:
Ressie Wallace Wilson 202-359-9641,
RE/MAX Allegiance
Source: Bright MLS,MLS#: DCDC2279242
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 4
Heating
- Radiator, Natural Gas
Cooling
- Wall Unit(s), Electric
Appliances
- Included: Gas Water Heater
- Laundry: Has Laundry
Features
- Basement: Exterior Entry,Unfinished
- Has fireplace: No
Interior area
- Total structure area: 2,392
- Total interior livable area: 2,392 sqft
Property
Parking
- Parking features: Alley Access, On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Exterior features: Street Lights, Sidewalks
- Pool features: None
Lot
- Size: 3,082 Square Feet
- Features: Urban Land-Sassafras-Chillum
Details
- Additional structures: Above Grade
- Parcel number: 4550//0099
- Zoning: RF-1
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Townhouse
Materials
- Block, Brick
- Foundation: Block
Condition
- Below Average
- New construction: No
- Year built: 1943
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Stadium / Rosedale
Location
- Region: Washington
Financial & listing details
- Price per square foot: $272/sqft
- Tax assessed value: $853,750
- Annual tax amount: $3,655
- Date on market: 9/16/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA 203(k)
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$5,040/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/16/2026 | Listed for sale | $650,000$272/sqft |
Source: | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $7,310 0% | $860,040 0% |
| 2025 | $7,313 +2.1% | $860,320 +2.1% |
| 2024 | $7,164 +2.4% | $842,880 +2.4% |
| 2023 | $6,998 +9.5% | $823,310 +9.5% |
| 2022 | $6,394 +8.6% | $752,200 +8.6% |
| 2021 | $5,886 +13.1% | $692,440 +13.1% |
| 2020 | $5,205 +19.7% | $612,320 +19.7% |
| 2018 | $4,347 +6.5% | $511,420 +6.5% |
| 2017 | $4,083 +9.6% | $480,350 +9.6% |
| 2016 | $3,725 +12.9% | $438,270 +12.9% |
| 2015 | $3,299 +18.3% | $388,170 +18.3% |
| 2014 | $2,789 +7.6% | $328,100 +7.6% |
| 2013 | $2,591 -4% | $304,820 -4% |
| 2012 | $2,698 | $317,370 |
| 2011 | $2,698 -17% | $317,370 -17% |
| 2010 | $3,250 -9.3% | $382,310 -9.3% |
| 2009 | $3,582 +328.3% | $421,420 +18.9% |
| 2007 | $836 +5.2% | $354,370 +70.3% |
| 2006 | $795 -16% | $208,090 +25.8% |
| 2005 | $946 +12% | $165,410 +31.3% |
| 2004 | $845 -8.3% | $125,980 |
| 2003 | $921 +21% | $125,980 +15.2% |
| 2002 | $762 +13.6% | $109,354 +9.5% |
| 2001 | $671 | $99,855 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Kingman Park
Nearby schools
Schools provided by the listing agent
- 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.







