$ 1,850,000
-
$1,850,000
Price -
5
Bed -
3
Bath -
3,105
SqFt
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About the Listing COMPS1 - 3111772
Live in the heart of the U Street corridor while your property works for you. 1927 15th St NW is a rare three-unit opportunity offering immediate rental income, a vacant upper-level residence ready for move-in, and over $100,000 in potential annual gross revenue once fully leased. Whether you’re seeking a strategic investment or a lifestyle-forward home with built-in income, this property delivers both. The upper-level residence (Apt 2) is a bright and inviting one-bedroom home that is currently vacant—ideal for immediate occupancy or future rental. Below, two well-maintained two-bedroom residences provide income stability. Apt 1 is leased through July 31, 2026 at $3,475 per month (including parking), and Apt G is leased through May 31, 2027 at $2,424 per month, generating $5,899 per month ($70,788 annually) in secured income. Each unit is separately metered for electricity and features in-unit washer/dryer. The property benefits from a current Certificate of Occupancy (July 2024) and a valuable rent-control exemption, providing long-term operational flexibility. Since 2020, meaningful improvements have enhanced both longevity and livability, 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 offer rare convenience in this highly walkable, amenity-rich location near Metro, dining, and retail. A unique opportunity to live well, invest wisely, and own in one of DC’s most dynamic neighborhoods.
Listing Highlights
Status
Active
Days on Site
18
Property Type
Townhome
MLS ®
DCDC2248664
Year Built
1908
Total Square Footage
3,105
Lot/Acreage
0.04
County
Washington
Neighborhood
U Street Corridor
School District
District Of Columbia Public Schools
Interior Details
- Bedrooms: 5
- Bathrooms: 3 Full
- Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Washer, Oven/Range - Electric
- Air Cond: Central A/C
- Heating: Heat Pump(s)
- Fireplaces:
- Floor: Hardwood,Ceramic Tile
- Above Ground Sq Ft: 2070
- Below Ground Sq Ft: 1035
- Basement: Daylight,Partial,Front Entrance,Rear Entrance
- Other: Combination Dining/Living,Floor Plan - Open,Main Floor Bedrooms: 2
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Parking Spaces: 2
- Zoning: RA-2
- Roof:
- Others:
- Sewer: Public Sewer
- Parking Features: Secure Parking,Off Street,2+ Spaces,1+ Spaces
Financial Details
- Tax Amount: $11,839
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
1927 15th St NW Washington, DC 20009
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