1214 Queen St NE

Sq. Ft.
/ Sq. Ft.
Sq. Ft.
per Sq. Ft.

Description

A compelling multifamily investment opportunity, 1214 Queen St. NE is a fully renovated, 2020-built two-unit asset offering immediate cash flow and long-term appreciation potential. The property generates approximately $77,000+ in annual gross rental income, supported by strong tenant demand and low ongoing operating expenses. Unit 2 is delivered vacant, providing immediate upside through lease-up at market rents or optional owner occupancy, while Unit 1 is leased on a month-to-month basis, allowing...A compelling multifamily investment opportunity, 1214 Queen St. NE is a fully renovated, 2020-built two-unit asset offering immediate cash flow and long-term appreciation potential. The property generates approximately $77,000+ in annual gross rental income, supported by strong tenant demand and low ongoing operating expenses. Unit 2 is delivered vacant, providing immediate upside through lease-up at market rents or optional owner occupancy, while Unit 1 is leased on a month-to-month basis, allowing for near-term rent optimization.

Each unit offers a spacious 3-bedroom, 3.5-bathroom configuration with brushed nickel finishes, stainless steel appliances, quartz countertops, designer tile, floor-to-ceiling windows, and herringbone flooring. Value-add amenities such as private outdoor decks and dedicated off-street parking for each unit further enhance tenant retention and market competitiveness.

Strategically located in the Trinidad neighborhood, the property benefits from proximity to DC’s fastest-growing corridors, Union Market, NoMa, and the H Street Corridor, driving sustained rental demand and appreciation. Tenants enjoy convenient access to Metro, major grocery retailers, fitness centers, and top-tier dining, strengthening long-term occupancy prospects.

Ideal for investors seeking stabilized income with future upside, house-hackers looking to offset ownership costs, or buyers pursuing a 1031 exchange, 1214 Queen St. NE represents a low-maintenance, turnkey multifamily investment in a proven growth market. It has condo documents readily available as well! Current cap rate of 5.17%.

Listing Agent

  1. Megan Meekin

    Megan Meekin

    Listing Agent

    Compass

    megan.meekin@compass.com

    P: (240)-388-0724

Property Details for 1214 Queen Street Northeast

Ownership
Condominium
Structure Type
Unit/Flat/Apartment
Levels/Stories
Two (2)
Subdivision
TRINIDAD
Subdivision
TRINIDAD (WASHINGTON DC)
Legal Subdivision
TRINIDAD
Total Parking Spaces
2
Central Air
Yes

Amenities

  • Central AC
  • Stainless Steel Appliances
  • Stove
  • Lowrise
  • Refrigerator
LISTING UPDATED: 03/31/2026 04:12 PM

Property Details for 1214 Queen Street Northeast

StatusComing Soon
Days on Market-
Taxes-
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS Type-
Year Built2019
Lot Size-
CountyDistrict of Columbia
Buyer's Agent Compensation2.5%
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Building Information for 1214 Queen Street Northeast

Stories2Residences-Year Built2019Building Size-Lot Size-

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OriginPoint Mortgage or Rocket Mortgage1

$6,143 per month

30 year fixed, 6.11% Interest

Principal and Interest

$5,824

Property Taxes

$319

HOA Dues

$0

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Property Information for 1214 Queen Street Northeast

Location
Location
  • School District Name: District Of Columbia Public Schools (Washington DC)
  • School District County ID: 121140357950
Association / Community Info
Association / Community Info
  • Senior Community: No
Rooms
Main
  • # Bedrooms Count Main Level: 1
  • # Bathrooms Full Main Level: 1
Building Info
Building Info
  • Total Finished SQFT: 1,485.00
  • # Bathrooms Full: 6
  • # Bathrooms Half: 2
Parking
Parking
  • Total Garage Spaces: 0
Interior Features
Interior Features
  • Appliances: Stove, Refrigerator, Stainless Steel Appliances

Public Records for 1214 Queen Street Northeast

Taxable ValueLand$450,680Additions-Total$450,680
Tax Record2025$3,831 ($319 / month)
Home Facts
Beds0Lot Size1,800 SqFtStyleMiscellaneous Vacant LandZoningRF-1CountyDISTRICT OF COLUMBIAAPN4057 0216

Schools near 1214 Queen Street Northeast

This home is within District Of Columbia Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 8
Public - 9 to 12
Public - PK to 5
Public - 9 to 12
Rating
School
Distance
Wheatley Education Campus
PublicPK to 8

Dunbar High School
Public9 to 12

School-Within-School @ Goding
PublicPK to 5

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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1214 Queen Street Northeast is a multi-family home Coming Soon in Washington, DC 20002. This property is currently priced at $1,200,000. This listing's school district is District Of Columbia Public Schools. Nearby schools include Wheatley Education Campus, Dunbar High School and School-Within-School @ Goding. 1214 Queen Street Northeast is a 6-bed, 8-bath, multi-family home built in 2019.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

© 2026 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 03/31/2026 04:12 PM