1518 ISHERWOOD ST NE, Washington, DC 20002
1518 ISHERWOOD ST NE, Washington, DC 20002
1518 ISHERWOOD ST NE, Washington, DC 20002
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Jeejesh Mannambeth

Jeejesh Mannambeth

+1(484) 631-6685
Listed by Elly Martin • Berkshire Hathaway HomeServices PenFed Realty
$975,000
Est. payment /mo
2,841 SqFt
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UPDATED:

Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 2,841 sqft

Price per Sqft $343

MLS Listing ID DCDC2258564

Style Traditional

Abv Grd Liv Area 2,841

Year Built 1931

Annual Tax Amount $7,998

Tax Year 2025

Lot Size 2,310 Sqft

Acres 0.05

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Exceptional investment opportunity in the heart of Washington, DC! This renovated four-unit brick multifamily property is turnkey and income-producing from day one. Featuring four spacious apartments, all currently occupied, the building is ideal for investors seeking strong cash flow, owner-occupants looking to offset mortgage costs, or developers pursuing long-term appreciation in a rapidly transforming neighborhood. The property combines classic character with practical upgrades, including a timeless brick exterior and reinforced foundation engineered for future vertical expansion—offering significant value-add potential. A fenced outdoor space provides an added amenity for tenants, enhancing both livability and rental appeal. Offering approximately 2,841 square feet of finished living space on a 2,310-square-foot lot, this asset delivers flexibility, functionality, and future growth opportunities. All four units are occupied by satisfied tenants, providing immediate and stable rental income. Positioned less than one mile from the future new RFK Stadium redevelopment, this property is strategically located in an area poised for continued investment and appreciation. Residents enjoy convenient access to public transportation, shopping, dining, entertainment, and major commuter routes. Whether you are expanding your portfolio, house-hacking, or securing a long-term development opportunity, this is a rare chance to own a high-performing multifamily property in one of Washington, DC's most resilient and evolving rental markets. Don't miss this opportunity to acquire a cash-flowing asset with immediate income and substantial future upside!

Location

State DC

County Washington

Zoning R4

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling None

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Brick/Mortar

Above Ground Finished SqFt 2841

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 4544//0169

Ownership Fee Simple

SqFt Source 2841

Special Listing Condition Standard

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Bright MLS (BMLS)

Nearby School & Business

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Jeejesh Mannambeth

Jeejesh Mannambeth

+1(484) 631-6685

REALTOR® | License ID: RS347317

REALTOR® License ID: RS347317

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