About This Home

This 0-bedroom, 0-bathroom multi-family at 2029 E NE in Washington, DC is listed for $650,000 ($272 per sqft). Built in 1943, the home offers 2,392 sqft of living space on a 0.07 acres lot.

Key Features

  • Built in 1943
  • 0.07 acre lot

Property Details

1943
Listing Description

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?

Monthly Cost Estimate

$3,476/mo

20% down · 6.5% · 30 years

Principal$470
Interest$2,817
Insurance$190

Estimates only. Actual payments may vary.

Location

2029 E NE

Washington, DC 20002

STADIUM/ROSEDALE

Property Details

Construction

Block Brick

Parking

On StreetAlley

Heating

Other (Heating)

Cooling

Wall Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom multi-family at 2029 E NE is listed at $650,000 ($272/sqft). The estimated monthly payment is $3,477 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1943, 0.07 acre lot.

This property is listed by Ressie R Wallace Wilson and can be reached at 2023599641.

RW

Ressie R Wallace Wilson

License SPI01315

Agent at Allegiance Realty Partners, LLC

(202) 359-9641
Agent website

Listed by Allegiance Realty Partners, LLC · Broker phone: (703) 824-4800 · View on Broker Site · Broker website

MLS# DCDC2279242· Source: Bright MLS· 7 days on PropertySimple

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

2029 E NE, Washington, DC 20002

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