$ 650,000
-
$650,000
Price -
4
Bed -
4
Bath -
2,392
SqFt -
0.07
Acre
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About the Listing RMAX20 - 59787
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?
Listing Highlights
Status
Active
Days on Site
10
Property Type
Multi-Family
MLS ®
DCDC2279242
Year Built
1943
Total Square Footage
2,392
Lot/Acreage
0.07
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances:
- Air Cond: Wall Unit
- Heating: Radiator
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 2392
- Basement: Outside Entrance,Unfinished
- Other:
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: RF-1
- Roof:
- Others: Street Lights,Sidewalks,Below Average
- Sewer: Public Sewer
- Parking Features: Alley,On Street
Financial Details
- Tax Amount: $3,655
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
Payment Calculator
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Questions About..
2029 E undefined NE Washington, DC 20002
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