1927 15th St Nw, Washington, DC 20009
Local realty services provided by:Better Homes and Gardens Real Estate Community Realty
1927 15th St Nw,Washington, DC 20009
$1,850,000
- 5 Beds
- - Baths
- 3,105 sq. ft.
- Multi-family
- Active
Listed by: clarence pineda
Office: compass
MLS#:DCDC2248610
Source:BRIGHTMLS
Price summary
- Price:$1,850,000
- Price per sq. ft.:$595.81
About this home
1927 15th St NW presents a stabilized three-unit, rent-control-exempt asset in the heart of the U Street/14th Street corridor—one of Washington, DC’s most resilient and consistently demanded rental submarkets.
Two units are secured under lease, generating $5,899 per month ($70,788 annually) in documented in-place income. Apt 1 (2BR/1BA) is leased through July 31, 2026 at $3,475/month including parking, and Apt G (2BR/1BA) is leased through May 31, 2027 at $2,424/month. The upper-level residence (Apt 2), a one-bedroom unit, is currently vacant and presents immediate lease-up upside or owner-occupancy flexibility.
At a projected market rent of approximately $2,500/month (including parking) for the upper unit, the property approaches $100,788 in potential annual gross income once fully stabilized.
Each unit is separately metered for electricity and includes in-unit washer/dryer, enhancing operational efficiency. The building benefits from a current Certificate of Occupancy (July 2024) and a valuable rent-control exemption, providing long-term rent strategy flexibility.
Since 2020, significant capital improvements have reduced near-term maintenance exposure, including full brick façade repointing with gable reconstruction, slate roof stabilization, updated HVAC systems (Apts 1 & G), refreshed kitchens and finishes, and exterior stair upgrades.
Two secured off-street parking spaces with protected garage access provide additional rental leverage and competitive advantage in this walkable, high-demand location.
For investors seeking stabilized income, staggered lease expirations, lease-up upside, and core urban positioning, 1927 15th St NW offers durability, flexibility, and long-term growth potential in one of DC’s strongest rental corridors.
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Home facts
- Year built:1908
- Listing ID #:DCDC2248610
- Added:5 day(s) ago
- Updated:March 10, 2026 at 01:36 PM
Rooms and interior
- Bedrooms:5
- Kitchen Description:Dishwasher, Disposal, Oven/Range - Electric, Refrigerator
- Basement:Yes
- Basement Description:Daylight, Front Entrance, Partial, Rear Entrance
- Living area:3,105 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Electric, Heat Pump(s)
Structure and exterior
- Year built:1908
- Building area:3,105 sq. ft.
- Lot area:0.04 Acres
- Architectural Style:Traditional
- Construction Materials:Brick
- Foundation Description:Brick/Mortar
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,850,000
- Price per sq. ft.:$595.81
- Tax amount:$11,839 (2025)
Features and amenities
- Amenities:Security Gate
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