1515 Isherwood St Ne, WASHINGTON, DC 20002

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1515 Isherwood St Ne,WASHINGTON, DC 20002
$840,000
  • 8 Beds
  • - Baths
  • 3,270 sq. ft.
  • Multi-family
  • Pending
Listed by:brian c hosey
Office:marcus & millichap real estate
MLS#:DCDC2144866
Source:BRIGHTMLS

Price summary

  • Price:$840,000
  • Price per sq. ft.:$256.88

About this home

Nestled in the Old City 1 subdivision, this property enjoys the location near the vibrant H Street Corridor, Ivy City, and Union Market, offering residents both convenience and charm. Spanning 3,270 square feet on a 0.07-acre parcel, the building comprises 2 two-bedroom/one-bath units, and 2 one-bedroom/one bath units, with two of the units being recently renovated. Recent updates include new flooring, two new water heaters, and an updated roof in 2021. The property also benefits from ample street parking, adding to its attractiveness for tenants. Currently, two units are occupied by voucher tenants, with the DC government paying $2,637 per month for each unit. The owner covers the utilities. The remaining units present an excellent opportunity for immediate lease-up, projecting a potential CAP rate of over 10% once fully occupied! Situated at 1515 Isherwood St NE, Washington, DC 20002, the property boasts excellent connectivity. The closest metro stations, Stadium-Armory (Blue,

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Home facts

  • Year built:1937
  • Listing Id #:DCDC2144866
  • Added:442 day(s) ago
  • Updated:August 21, 2025 at 07:26 AM

Rooms and interior

  • Bedrooms:8
  • Living area:3,270 sq. ft.

Heating and cooling

  • Cooling:Central A/C, Window Unit(s)
  • Heating:Hot Water, Natural Gas

Structure and exterior

  • Roof:Tar/Gravel
  • Year built:1937
  • Building area:3,270 sq. ft.
  • Lot area:0.07 Acres

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$840,000
  • Price per sq. ft.:$256.88
  • Tax amount:$13,941 (2023)

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