Trinidad Homes For Sale in Washington DC
Situated in the eastern portion of Washington, DC, Trinidad is a residential neighborhood in Ward 5. It has seen its share of urban blight but a number of real estate professionals regard it as an up-and-coming neighborhood with significant investment potential. Typified by row houses from the 1920's, Trinidad is benefiting from an overall revitalization trend in the NoMa Business Improvement District, along with similar improvements along H Street. There are also proposals by the District Department of Transportation (DDOT) to extend streetcar service to the area. For mroe information about Trinidad homes for sale in Washington DC, call District Partners at Compass, (202) 798-3600.
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More About Trinidad Homes For Sale in Washington DC
Trinidad is bounded by Mt. Olivet Road to the north, Bladensburg Road to the east, Florida Avenue to the south and West Virginia Avenue to the west. Its neighboring communities include Ivy City and Carver/Langston. The National Arboretum lies to the east and Gallaudet University is on the west side of the neighborhood. The real estate market is dominated by colorful signature row house condos but also includes some single family brick Colonials and smaller cottages. There is also a substantial rental market in Trinidad which increases the potential for investors.
The Trinidad Neighborhood Association (TNA) was founded in 2009 and has been actively working with community organizers, business leaders, and local government to bring positive change and progress to the area. Trinidad, along with Ivy City, is part of the DC Department of Housing and Community Department (DHCD) Neighborhood Stabilization Initiative. New community projects include the Friends of Trinidad Recreation Center and neighborhood park cleanup programs. TNA is also integrally involved with fundraiser efforts for the local elementary school, Webb-Wheatley, and their after-school programs.
Homes for sale in Trindad have a median list price of $245,000 and a median sales price of $300,000. The disparity is indicative of the neighborhood's increased popularity and the success of its continuing revitalization efforts. According real estate data source Zillow, home values have increased by a solid ten percent over the past year (2011-2012). There are also bank-owned properties and short sales available for substantially lower prices. With new businesses arriving and a growing economy, the future looks bright for current and future Trinidad residents.
We have to give much of the credit to Trinidad’s increase of value to the proximity with the H Street rehabilitation and developments. This neighborhood has benefited from the massive development and attention that the H street corridor has bring to the area. We have seeing a elevated number of investors flipping homes and converting the face of Trinidad in the past two years. If you haven't drive by Trinidad lately, we strongly encourage you to do it. You will be surprised by the drastic change of appearance and energy. Homes for sale in Trinidad are predominately dominated by rehabilitated homes, homes in need of major rehab and multi family buildings.
The listing content relating to real estate for sale on this web site is courtesy of MRIS. Listing information comes from various brokers who participate in the MRIS IDX.Properties listed with brokerage firms other than Compass are marked with the MRIS Logo and detailed information about them includes the name of the listing brokers.The properties displayed may not be all the properties available. All information provided is deemed reliable but is not guaranteed and should be independently verified.All listing information copyright MRIS 2019.
Listing information last updated on February 18th, 2019 at 1:45am EST.