Share This Listing

Message

966 characters remaining

Hmm, there seems to have been an error sending your message. Please try again.

Your email has been sent.

2105 M St NE
Washington, DC 20002
Multifamily Property For Sale · 15 Units

Investment Highlights

  • Value-Add 15-Unit Condo-Grade Multifamily | Major Interior Construction Complete
  • Dual-Exit Strategy: Hold as Stabilized Rental or Execute Condo Sell-Out
  • No Entitlement Risk
  • Offered Un-Priced | Highly Motivated Seller (Asset priced to reflect current conditions; exceptional value-add opportunity for an investor
  • TOPA-Clear | Fully Vacant | No Tenant Encumbrances
  • Individually Metered — Water, Gas & Electric Per Unit

Executive Summary

There are very few moments in a DC investment cycle where a 15-unit, condo-grade multifamily asset lands on the market vacant, TOPA-clear, and positioned for a buyer to capture immediate, clear-cut upside.
This is one of those moments — and it will not last.
2105 M Street NE is at the ultimate finish line. Major interior construction is complete, DOB inspections are signed off, and a clean lien waiver is in hand. Approved condo documents are already secured and convey with the sale. The physical building is delivered as-is, requiring only a few final touches (including paving of the 4-space parking area) to secure the final Certificate of Occupancy. The seller has navigated the entitlement, utility, and permitting gauntlets, leaving only the final site-work milestone for the incoming buyer to unlock the building's full potential.
Offered un-priced, this asset represents an incredible value-add or immediate-yield play across 7,800+ square feet of individually metered, warranty-backed construction. The seller is highly motivated, realistic about the market, and ready to review offers immediately.
The dual-exit optionality alone makes this worth your attention. Hold it as a stabilized multifamily rental or execute a condo sell-out — the documents are approved, the individual finishes match local demand, and comparable NE DC sell-outs support a substantial premium over the acquisition basis.
Proof of concept is sitting right on this exact block: two similarly constructed buildings on the street are fully occupied as active condominiums, and a unit immediately next door at 2109 M St NE, that was listed for $325K, is already under contract. Most buyers spend months and significant capital earning one of those two options; this asset delivers both to a buyer ready to cross the finish line.
Trinidad is no longer speculative. The H Street Corridor, Union Market, Ivy City, and the DC Streetcar have established this as a premium residential enclave. The tenants and buyers are there.
Offers are being reviewed as received. Due diligence materials, including approved condo docs and architectural plans, are available immediately upon execution of a confidentiality agreement.
PROPERTY IS OFFERED AS-IS. No Financing contingencies.
Call or email Aladdin today.

Property Facts

Sale Type Investment
No. Units 15
Property Type Multifamily
Property Subtype Apartment
Apartment Style Mid-Rise
Building Class B
Lot Size 0.08 AC
Building Size 7,800 SF
Average Occupancy 0%
No. Stories 5
Year Built 2026
Parking Ratio 0.51/1,000 SF
Zoning RA-2 - Residential Zoning

Amenities

Unit Amenities

  • Air Conditioning

Site Amenities

  • 24 Hour Access

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
Studios 6 - -
1+1 7 - -
2+1.5 2 - -

Property Taxes

Property Taxes

Parcel Number
PAR-0151-0078
Land Assessment
$561,591 CAD
Improvements Assessment
$662,817 CAD
Total Assessment
$1,224,408 CAD
  • Listing ID: 40880374

  • Date on Market: 2026-06-11

  • Last Updated:

  • Address: 2105 M St NE, Washington, DC 20002

Link copied
Your LoopNet account has been created!

Please Share Your Feedback

We welcome any feedback on how we can improve LoopNet to better serve your needs.
X
{{ getErrorText(feedbackForm.starRating, "rating") }}
255 character limit ({{ remainingChars() }} charactercharacters remainingover)
{{ getErrorText(feedbackForm.msg, "rating") }}
{{ getErrorText(feedbackForm.fname, "first name") }}
{{ getErrorText(feedbackForm.lname, "last name") }}
{{ getErrorText(feedbackForm.phone, "phone number") }}
{{ getErrorText(feedbackForm.phonex, "phone extension") }}
{{ getErrorText(feedbackForm.email, "email address") }}