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Brick 20-Unit Apartment Building
For Sale
$1,665,650
Pending

1721 T St SE, Washington, DC 20020

Three-story brick multifamily with individually metered units and on-site laundry/utility space, offering tenant-ready vacancy.

Days on Market58

Property Features for 1721 T St SE

General Information

Standard status Pending
Total Parking Spaces 4
Property subtype Commercial

Additional Details

Multifamily Units 20

Building Details

Year Built 1960
Stories 3
Listing Agency: Tranzon Key
Listed By: Jeffrey E Stein · License #5422
Source: Elliman
Added: Jun 3 Changed: Jul 10 Last Checked: Jul 29 at 11:18AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tranzon Key

Investment Insights

Based on property information with market context.

A 3-story, brick 20-unit apartment building presented for foreclosure auction. The unit mix includes 14 one-bedroom, one-bath apartments and six two-bedroom, one-bath apartments. Seven units are known to be vacant and are described as ready to rent with fresh paint and carpet. Electricity is individually metered for each apartment. Laundry and utility rooms are located on the first level. Heating is supported by one boiler, along with four hot water heaters, and the building has a welcoming entrance.

The property is located in Southeast Washington, DC. Parking is primarily available on-street, with four additional spaces in the back accessed via an alley. The auction is scheduled for June 11th at noon, and the remarks note that TOPA does not apply to this foreclosure sale. Rent roll and financials are available upon signing a confidentiality and non-reliance agreement.

This offering is best suited to investors seeking a straightforward multifamily asset with a defined unit mix, individually metered utilities, and several units identified as ready to rent. Existing building systems include centralized boiler heat with multiple hot water heaters, with common building functions concentrated on the first level.

Key Highlights

  • 3‑story brick 20‑unit apartment building in Southeast DC (built 1960)
  • Unit mix: 14 one‑bedroom/one‑bath units and 6 two‑bedroom/one‑bath units
  • 7 known vacant units are ready to rent with fresh paint and carpet

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Nail Salon Hair Salon Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

20
Residential units

Location Intelligence

Trade Area within ½ mile

1,200
Businesses Nearby

Demographics for 20020, DC

51,616
Population
26,376
Households
2
Avg Household Size
34
Median Age
28%
College-Educated
89%
High-School Grad
4.6 sq mi
ZIP Area
11,221
Density / Sq Mi
$53,015
Median Household Income
$48,752
Median Earnings
$1,317
Median Rent
$442,500
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Three-story brick multifamily with individually metered units and on-site laundry/utility space, offering tenant-ready vacancy.
Where is this apartment building located?
The property is located at 1721 T St SE Washington, DC.
What is the asking price?
The asking price for this property is $1,665,650.
What are key features of this property?
This property features: 3‑story brick 20‑unit apartment building in Southeast DC (built 1960); Unit mix: 14 one‑bedroom/one‑bath units and 6 two‑bedroom/one‑bath units; 7 known vacant units are ready to rent with fresh paint and carpet
More about this property
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