Change Real Estate Presents:

1721 West Virginia Avenue
Washington DC 20002

For Sale: $839,999.00 Active

List Date: 2026-07-16

Washington
4 bedrooms
4 bathrooms
2,964 build ft2
2,867 land ft2

About This Property

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.

Listing Agent: Melissa Anne Melendez. eXp Realty LLC 520-404-1215 mmelendez@teamdda.com

Property Features

Location Information
County:
Subdivision: TRINIDAD
Interior Features
Appliances: Built-In Microwave, Built-In Range, Dishwasher, Disposal, Dryer, Microwave, Oven/Range - Gas, Refrigerator, Washer, Washer/Dryer Stacked
Interior: Bathroom - Tub Shower, Dining Area, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Eat-In, Kitchen - Table Space, Wood Floors
Laundry:
Furnished: None
Flooring: Hardwood
Water: Public
Cooling: Central A/C
Heating: Central
Fireplaces: None
Windows:
Utilities:
Sewer: Public Sewer
Exterior Features
Year Built: 1932
Legal Subdivision: Trinidad
Subdivision Name: Trinidad
Exterior Features: Sidewalks
Schools
Elementary School: Wheatley Education Campus
Junior High School: Wheatley Education Campus
High School: Dunbar Senior

IDXListing Courtesy of Melissa Anne Melendez. eXp Realty LLC 520-404-1215 mmelendez@teamdda.com

Property Photos [Click to enlarge]

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