Multifamily Development Site
1716 Rhode Island Ave NE Washington, DC 20018
1716 Rhode Island Ave NE, Washington, DC, 20018
Contact for pricing
For Sale
Contact for pricing
Development-ready lot with approved plans for a 5-story, 33-unit multifamily building in Brookland’s MU-4 zoning area.
Lot Size0.17 Acres
Days on Market50
Property Features for 1716 Rhode Island Ave NE
General Information
- Standard status
- Active
- Lot size
- 0.17 Acres
- Property subtype
- Multifamily
Listing Agency
Divaris Real Estate | Washington DC
(703) 946-6003
Listed by
Shadi Ayyoubi · License #5020231
Source
Divaris
Added: Jun 1 Checked: Jul 20 at 3:43 am
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 Divaris Real Estate | Washington DC
Investment Insights
Based on property information with market context.
This Northeast DC development site is offered for sale as a 0.17-acre lot with plans in place for a five-story, 33-unit multifamily building. The proposed unit mix is designed for tenant demand, with 18 one-bedroom units and 15 two-bedroom units. The offering includes the existing development entitlements as conveyed with the sale, positioning the property for an efficient path from site control to construction.
Located on Rhode Island Ave NE in the Brookland submarket, the site benefits from exposure along a heavily trafficked corridor. The surrounding area includes numerous development projects, supporting the overall momentum of growth in the neighborhood. The property is identified as a MU-4 zoned parcel, aligning with multifamily redevelopment objectives.
For investors and developers seeking a multifamily value-add or new construction play, the balanced one- and two-bedroom mix may appeal to a broad renter profile while fitting well within a MU-4 framework. The existing concept for a mid-rise building provides a clear development direction, making the site especially relevant for buyers looking for a defined plan rather than speculative repositioning.
Located on Rhode Island Ave NE in the Brookland submarket, the site benefits from exposure along a heavily trafficked corridor. The surrounding area includes numerous development projects, supporting the overall momentum of growth in the neighborhood. The property is identified as a MU-4 zoned parcel, aligning with multifamily redevelopment objectives.
For investors and developers seeking a multifamily value-add or new construction play, the balanced one- and two-bedroom mix may appeal to a broad renter profile while fitting well within a MU-4 framework. The existing concept for a mid-rise building provides a clear development direction, making the site especially relevant for buyers looking for a defined plan rather than speculative repositioning.
Key Highlights
- 0.17‑acre development lot in Northeast DC on Rhode Island Ave NE (Brookland submarket)
- Conveys with plans for a 5‑story, 33‑unit multifamily building
- Planned unit mix: 18 one‑bedroom units and 15 two‑bedroom units
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Apartment buildings
Similar For Sale Nearby
FAQs
What type of property is this?
Apartment building - Development-ready lot with approved plans for a 5-story, 33-unit multifamily building in Brookland’s MU-4 zoning area.
Where is this apartment building located?
The property is located at 1716 Rhode Island Ave NE Washington, DC.
What are key features of this property?
This property features: 0.17‑acre development lot in Northeast DC on Rhode Island Ave NE (Brookland submarket); Conveys with plans for a 5‑story, 33‑unit multifamily building; Planned unit mix: 18 one‑bedroom units and 15 two‑bedroom units
