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Listing photo 2
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220 21st St NE, Washington, DC, 20002

4beds
--baths
2,720sqft
$1,100,000
$404price/sqft
$6,810/moest. monthly cost
$272,400/yrincome needed

About This Home

Capitalize on the future growth of the proposed Commanders “Plaza District” with this cash-flowing multifamily asset offering a strong rental history and long-term upside. The seller welcomes VA, FHA, and Fannie Mae multifamily owner-occupant buyers, creating a unique opportunity to live in one unit while generating income from the others. Interior photos are of Unit 3, which is the only vacant unit available for showings prior to ratification. Please do not disturb current tenants. The property is currently generating $3,124/month in rental income from three occupied units, providing immediate cash flow with additional upside through leasing the vacant unit. Ideally positioned near some of Washington, DC’s best dining, retail, and nightlife, the property benefits from continued neighborhood growth and strong investor interest. Located directly across from the future redevelopment of the RFK Stadium site—projected for completion around 2030—this area is poised for significant revitalization, enhancing both demand and long-term appreciation potential. Tenants enjoy convenient access to shopping, parks, and public transportation, all while being part of a well-established residential community. This property presents a compelling opportunity for both investors and owner-occupants seeking stable cash flow and future value growth. Opportunities to further increase value include potential vertical expansion (rooftop addition) or extending the existing footprint to create additional bedrooms or living space (buyer to verify). Some photos may be virtually staged.

Getting Around

59
WalkingSomewhat Walkable
0
TransitVery Limited Transit
83
BikeVery Bikeable

Schools

7/10
Maury Elementary SchoolGrades PK-50.7 mi
5/10
Eliot-Hine Middle SchoolGrades 6-80.2 mi
3/10
Eastern High SchoolGrades 9-120.3 mi

Construction

Condition

  • Year built: 1938

Materials

  • Foundation: Slab
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Other
  • Property subType: Quadruplex

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Area: 0

Bedrooms & Bathrooms

  • Bedrooms: 4

Heating & Cooling

  • Heating features: Hot Water,Natural Gas
  • Cooling features: None

Interior Area

  • Total structure area: 2,720
  • Total interior livable area: 2,720 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 1125//0018
  • Zoning: NULL
  • Special condition: Standard

Features

  • Pool features: None

Lot

  • Lot size: 3,230 sqft
  • Features: Unknown Soil Type

Parking

  • Parking features: On Street
  • Has uncovered spaces: Yes