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sales rep | Brivity IDX

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1518 Isherwood St NE , Washington, DC 20002
$975,000
Est. Payment: $5,409.61/mo
6 Bed
2841 Sqft
0.05 Acres
Status: active | Days on site: 177
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PFED23 - 3281741,3303577
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House 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!

Highlights

Listed by Elizabeth Jane Martin , 7039265777 and Courtney Totushek Brown , 7035775963 Berkshire Hathaway HomeServices PenFed Realty , 2022434200. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.05

Year Built

1931

County

Washington

School District

District Of Columbia Public Schools

Listing ID

DCDC2258564

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:6
Above Ground Sq Ft:2841
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Zoning:R4
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$5,410
Taxes
$667

Home Price

$975,000

Loan Details

30 yrs
7.417%

Down Payment

20%
$195,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$5,409.61

Principal

Taxes

Principal Taxes HOA Total
Monthly $5,409.61 $666.50 $0.00 $6,076.11
Yearly $64,915.33 $7,998.00 $0.00 $72,913.33
Total $1,947,460.00 $239,940.00 $0.00 $2,187,400.00
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Washington, DC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T07:10:58.000Z

© 2026 Bright MLS