# 1123 PENN ST NE, Washington, DC 20002

> **TL;DR:** residential multi family, $825,000, built 1930. Est. $4,413/mo. Listed 2 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $825,000 |
| Year Built | 1930 |
| Lot Size | 2,178 sqft (0.05 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 2 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $4,172 |
| Estimated Insurance | $241 |
| **Total** | **$4,413** |

## Property Highlights

- Built in 1930
- 0.05 acre lot

## Description

### Agent Description
Calling all investors! This 4-unit multifamily property in the heart of Trinidad offers a rare turnkey renovation opportunity in one of DC's most vibrant and rapidly appreciating neighborhoods. The building features four spacious 1-bedroom units, fully vacant and ready for your vision, whether that's a full gut renovation or a boutique rental portfolio addition. Trinidad is a dynamic, community-oriented neighborhood offering unbeatable convenience: close to Union Market's acclaimed dining and shopping complex, enjoy easy access to nearby universities, and take your pick of local restaurants and grocery stores just steps away. With Metro access nearby and only minutes to downtown DC and Capitol Hill, this location is a strong draw for future tenants seeking an urban lifestyle with easy commuting options. With all four units vacant, investors have full flexibility to renovate on their own timeline and maximize rental income potential in a neighborhood experiencing strong demand and continued growth. Don't miss this opportunity to invest in one of DC's up-and-coming corridors.

## Location

- **Address:** 1123 PENN ST NE, Washington, DC 20002
- **County:** WASHINGTON
- **Coordinates:** 38.9066, -76.98826
- **Google Maps:** https://www.google.com/maps?q=38.9066,-76.98826

## Listing Agent

- **Name:** Wendy Gadson
- **Brokerage:** Chevy Chase Circle

## Primary Photo

![1123 PENN ST NE - Primary Photo](http://lh.rdcpix.com/5790ea749278e953adb9fec1ec8c11f6l-f1586548514r.jpg)

*3 total photos available on [listing page](https://www.propertysimple.ai/listing/1123-penn-st-ne-washington-dc-20002-c2274912)*

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**MLS#:** DCDC2274912 | **Updated:** 2026-08-01
**Source:** listhub

*Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.ai/listing/1123-penn-st-ne-washington-dc-20002-c2274912)

---

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