1239 MEIGS PL NE

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Address: 1239 Meigs Pl NE, Washington, DC 20002, USA
Washington DC + Apartment Buildings
Created date: August 24, 2026
Date last updated: October 31, 2026
Price: $1,400,000Investment Analyzer NEW!

Property Description

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 has sustained fire damage but is sound. The property 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. The property has off street parking for up 3-4 cars. 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.

Key Property Information

Listing Status: Available
Listing Type: Call for offers
Property Types: Apartment Buildings
Price: $1,400,000
Year Built: 1940
Opportunity Zone: No
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 1239 MEIGS PL NE, WASHINGTON, DC 20002, USA
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Step 1Financing Calculation

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Step 2Gross Rent Analysis

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Step 3Cap Rate Calculation

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Step 4Final Deal Analysis

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