1927 15th Street Nw, Washington, DC 20009
Local realty services provided by:Better Homes and Gardens Real Estate Connections
1927 15th Street Nw,Washington, 20009
$1,775,000
- 5 Beds
- 3 Baths
- - sq. ft.
- Multi-family
- Active
Listed by: clarence pineda
Office: compass
MLS#:12664105
Source:MLSNI
Price summary
- Price:$1,775,000
About this home
1927 15th St NW presents a fully leased, income-producing three-unit asset in the heart of the U Street/14th Street corridor-one of Washington, DC's most dynamic and consistently high-demand rental submarkets. With all three units now stabilized offering immediate cash flow with no lease-up risk. The asset features a highly desirable unit mix of two two-bedroom residences and one one-bedroom residence, each with in-unit washer/dryer and separately metered electricity, supporting operational efficiency and tenant appeal. Apt 2 (1BR/1BA) is leased through April 30, 2027 at $3,350/month (including parking). Apt 1 (2BR/1BA) is leased through July 31, 2026 at $3,475/month (including parking). Apt G (2BR/1BA) is leased through May 31, 2027 at $2,424/month. The staggered lease structure provides both income stability and future rent growth opportunities, allowing an investor to strategically adjust rents over time in alignment with market conditions. The property benefits from a current Certificate of Occupancy (July 2024) and a valuable rent-control exemption, offering long-term flexibility for rental increases and asset management strategy-an increasingly important advantage in the DC market. Since 2020, the building has undergone meaningful capital improvements, including full brick facade repointing with gable reconstruction, slate roof stabilization, updated HVAC systems (Apts 1 & G), modernized kitchens and finishes, enhanced lighting, and exterior stair upgrades-significantly reducing near-term capital expenditure risk. Additional features include two secured off-street parking spaces with protected garage access, a premium amenity that enhances rental value and tenant retention in this highly walkable, transit-oriented location. Positioned within walking distance to Metro, restaurants, retail, and nightlife, the U Street corridor continues to demonstrate strong tenant demand, low vacancy, and long-term appreciation fundamentals. For investors seeking a stabilized, rent-control-exempt asset with immediate cash flow, minimal deferred maintenance, and durable long-term upside, 1927 15th St NW represents a compelling opportunity in one of DC's most resilient urban rental markets....
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Home facts
- Year built:1908
- Listing ID #:12664105
- Updated:June 04, 2026 at 10:59 AM
Rooms and interior
- Bedrooms:5
- Total bathrooms:3
- Full bathrooms:3
- Rooms Total:18
Heating and cooling
- Heating:Natural Gas
Structure and exterior
- Year built:1908
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,775,000
- Tax amount:$11,839 (2025)
Parking
- Total parking spaces:2
- Parking description:Detached Garage, Garage
- Garage:Yes
- Garage spaces:2
Copyright 2026 Midwest Real Estate Data LLC. All rights reserved. The data relating to real estate for sale on this web site comes in part from the Broker Reciprocity Program of the Midwest Real Estate Data LLC. Listing information is deemed reliable but not guaranteed.New listings near 1927 15th Street Nw
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