Prevu by reAlpha
BuySellBlogBrowse Listings

1123 Penn Street NEWashington, DC 20002

For Sale

$825,000

Smart Buyer Rebate $8,250

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.

Listed by Wendy A Gadson

·

License #SP101732

·

Long & Foster Real Estate, Inc.

·

2024450226

Last updated July 22, 2026

·

Source: BrightMLS #DCDC2274912

Listing Facts

  • TypeMulti-family
  • NeighborhoodTrinidad
  • Days on Prevu9
  • Taxes$39,421/year
  • Size2,784 sqft
  • Price per sqft$296

Location

Mortgage Calculator

Listing History

07/22/2026
Listed by Long & Foster Real Estate, Inc.
$825,000

Property Details for 1123 Penn Street NE

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 4
  • Year Built: 1930
  • Architectural Style: Other
  • Construction Materials: Brick

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Size Acres: 0.05
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2,304
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $39,421.00
  • Tax Year: 2026

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 2,784
  • Living Area Source: Assessor

Other

Location

  • Tax Lot: 840

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Heating: Hot Water
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1123 Penn Street NE.

What are the annual taxes for 1123 Penn Street NE?

Annual taxes for this multi-family home are estimated at $39,421.

How does 1123 Penn Street NE compare to other multi-family homes in Trinidad?

This multi-family home is listed 16% below the average price for multi-family homes in Trinidad and has been on the market for 84 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 2,784 sqft.

1123 Penn Street NE is a -bedroom multi-family home for sale in WASHINGTON DC 20002. On Prevu for 9 days at $825,000. This home features 2,784 square feet of living space, located in Trinidad. The median listing price for multi-family homes in this area is $599,999. Explore more multi-family home listings in Washington.

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Copyright BRIGHT, All Rights Reserved.

Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.