1907-1915 I Street NE

Feldman Ruel is pleased to offer for sale 1907–1915 I Street NE, a newly constructed 12-unit multifamily building totaling 17,694 square feet on a 6,912-square-foot lot with RA-2 zoning in the Trinidad neighborhood of Washington, D.C. The subject property offers a unique unit mix of six four-bedroom units and six three-bedroom units, each finished to a condominium-level standard with modern systems. Delivered vacant and legally structured as individual condominiums, the building provides immediate investor flexibility—whether held for rental income, stabilized and refinanced, or repositioned for condo sales. Located in a designated Opportunity Zone, 1907–1915 I Street NE benefits from enhanced tax incentives under the Tax Cuts and Jobs Act of 2017, including indefinite deferral of eligible capital gains and full exclusion of post-investment gains after a ten-year hold. Exempt from Washington D.C.’s Tenant Opportunity to Purchase Act (TOPA), investors can pursue a streamlined acquisition process without tenant expenses or delays. With no near-term capital expenditure needs, the property is turnkey, allowing immediate focus on lease-up and value creation in one of Washington, D.C.’s stable and growing submarkets.