$ 1,690,000
-
$1,690,000
Price -
4
Bed -
4
Bath -
2,572
SqFt -
0.02
Acre
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About the Listing COMPS1 - 89514,3272044
Two doors from Logan Circle, this handsome 1880s Victorian rowhouse presents a rare four-residence investment opportunity in one of Washington’s most distinguished historic districts. Approximately $100,000 in documented improvements since 2024 have refreshed the property while preserving its architectural character, including original pine floors, high ceilings, marble fireplace mantels and distinctive period lighting. The building comprises four one-bedroom, one-bath residences, each with in-unit laundry and individual mini-split climate control. The terrace residence opens to a private patio, while the three upper residences enjoy access to a professionally landscaped garden courtyard. Under the same ownership since 2007, the property has maintained an exceptional rental history, including 100% contractual occupancy throughout its long-running master-lease periods with a corporate-housing operator. The most recent master lease achieved an annualized contractual rent of $130,800, supported by detailed historical rental records. Delivered fully vacant, the property gives its next owner immediate control and unusual flexibility: pursue another whole-building master lease, operate four conventional or furnished residences, occupy one while renting the others, or create a private four-residence urban retreat. Logan Circle is celebrated for its beautifully preserved Victorian architecture and exceptional proximity to the restaurants, boutiques, culture and nightlife of the 14th Street corridor. Its limited supply of historic properties, central location and enduring appeal have sustained strong buyer and renter demand across multiple market cycles. U Street, Shaw and Dupont Circle are all within easy reach, with convenient access to multiple Metro stations. Historic character, demonstrated income performance and flexible vacant delivery come together in an offering rarely available this close to Logan Circle..
Listing Highlights
Status
Active With Contingency
Days on Site
16
Property Type
Multi-Family
MLS ®
DCDC2282634
Year Built
1914
Total Square Footage
2,572
Lot/Acreage
0.02
County
Washington
Building Name
1503 VERMONT
Neighborhood
Logan Circle
School District
District Of Columbia Public Schools
Interior Details
- Bedrooms: 4
- Bathrooms: 4 Full
- Appliances: Dishwasher, Disposal, Microwave, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, Washer/Dryer Stacked, Water Heater
- Air Cond: Ductless/Mini-Split
- Heating: Radiator
- Fireplaces: 4, Non-Functioning,4 Fireplaces
- Floor: Hardwood
- Above Ground Sq Ft: 2082
- Below Ground Sq Ft: 490
- Basement: Daylight,Full,Front Entrance,Windows
- Other: Bathroom - Tub Shower,Built-Ins,Combination Dining/Living,Crown Moldings,Floor Plan - Traditional,Wood Floors
- Water: Public
Exterior Details
- Lot Description: Landscaping,Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: RA-2
- Roof:
- Others: Exterior Lighting,Excellent
- Sewer: Public Sewer
Financial Details
- Tax Amount: $9,459
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2026
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Questions About..
1503 Vermont Ave NW Washington, DC 20005
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