Active

1821 T St NW

Washington DC, 20009

$4,000,000


$1,038.96 per sqft

Active

3,850 sqft

Commercial

Built in 1940

Prime Turnkey Investment - High-Yield, Fully Renovated 9-Unit Multifamily in Dupont Circle
Investor Alert: Seize this rare opportunity to acquire a stabilized, high-income-producing 9-unit multifamily asset in one of Washington, DC's most sought-after rental markets. Fully renovated in 2020, this turnkey investment delivers immediate cash flow, strong appreciation potential, and minimal operational risk--a perfect addition to any portfolio.

Investment Highlights:
Stable Rental Income: $23,371 per month in gross rent, with a history of strong occupancy
High-Demand Asset Class: Fully leased units, catering to professionals and long-term tenants in a thriving rental market
Low Capital Expenditure: Comprehensive 2020 renovation ensures modern, durable interiors and reduced maintenance costs
Diverse Unit Mix:
1 two-bedroom, one-bath unit
5 one-bedroom, one-bath units
3 studio apartments
Off-Street Parking: A rare and valuable amenity in this location
Premium Location: Steps from Dupont Circle, Adams Morgan, and the U Street Corridor, surrounded by DC's top dining, entertainment, and transit options
Strong Market Fundamentals: High rental demand, steady appreciation, and a prime location for continued tenant interest
Why This Investment Makes Sense
Cash-Flow Positive from Day One - Fully occupied with market-rate tenants, ensuring immediate returns
High Appreciation Potential - Located in a historically strong property value growth area
Reduced Vacancy Risk - Situated in a high-demand urban hub, attracting professionals, diplomats, and long-term renters
Hassle-Free Ownership - All major systems updated, minimizing operational costs and maximizing net operating income (NOI)

This low-risk, high-ROI asset is a perfect fit for commercial investors seeking a stable, appreciating multifamily investment in Washington, DC. Don't miss this rare opportunity to acquire a fully stabilized, cash-generating property in one of the most desirable neighborhoods in the city.

DCDC2184650

MLS ID

March 13, 2025

Listed

March 14, 2025

Updated

Interior Features

Total Stories

4


Appliances

Electric Water Heater


Fireplace

No


Cooling

No


Heating

Yes


Heating Description

Hot Water, Electric

Exterior/Building Features

Lot Size

0.09 Acres


Sewer

Public Sewer


Security

Smoke Detector(s)

Other Property Details

Taxes

$1,611


Tax Frequency

Annually


Days on Market

2


Garage

No


Parking

On Street


View

Yes


View Description

Street


County

WASHINGTON


Water Source

Public


Zoning

Residential

Listing History

Date

Event

Price

3/13/2025

Active

Listed by Century 21 Redwood Realty
Listing Contact: 5714974607 

The IDX display contains information sourced from the Bright MLS, Inc. as of 3/14/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

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Data last updated on 3/14/2025 at 5:17 AM UTC

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