About This Home
This 4-bedroom, 4-bathroom townhouse at 1721 W VIRGINIA Avenue NE in Washington, DC is listed for $839,999 ($283 per sqft). Built in 1932, the home offers 2,964 sqft of living space on a 0.07 acres lot.
Key Features
- Built in 1932
- 0.07 acre lot
- 2 stories
- 2 parking spaces
Property Details
Amenities
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.
Monthly Cost Estimate
$4,492/mo
20% down · 6.5% · 30 years
Estimates only. Actual payments may vary.
Location
1721 W VIRGINIA Avenue NE
Washington, DC 20002
TRINIDAD
Features & Amenities
Interior Features
Property Details
Construction
Parking
Heating
Cooling
Appliances
Questions & Answers
This 4-bedroom, 4-bathroom townhouse at 1721 W VIRGINIA Avenue NE is listed at $839,999 ($283/sqft). The estimated monthly payment is $4,492 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.
Key features include: Built in 1932, 0.07 acre lot, 2 stories, 2 parking spaces. Interior Features: Bathroom - Tub Shower, Dining Area, Family Room Off Kitchen.
This property is listed by Melissa Anne Melendez and can be reached at 5204041215.






