1500 Columbia Rd NW

Washington, DC 20009

$2,250,000
Price
—
Beds
—
Baths
2,909 Sq. Ft.
$773 / Sq. Ft.
2,909
Sq. Ft.
$773
per Sq. Ft.
New
New

Description

Marcus & Millichap is pleased to exclusively present Shaw Duo, a portfolio sale of two fully renovated four-unit apartment buildings located at 1500 Columbia Road NW (4 -3BR/2 BA) and 543 Florida Avenue NW (4 -2 BR/1 BA) in the highly desirable Columbia Heights / Shaw submarket of Northwest Washington, D. C. The offering represents a rare opportunity to acquire two renovated, multifamily assets with strong in-place cash flow, multiple exit strategies, and long-term appreciation upside in one of the...Marcus & Millichap is pleased to exclusively present Shaw Duo, a portfolio sale of two fully renovated four-unit apartment buildings located at 1500 Columbia Road NW (4 -3BR/2 BA) and 543 Florida Avenue NW (4 -2 BR/1 BA) in the highly desirable Columbia Heights / Shaw submarket of Northwest Washington, D. C. The offering represents a rare opportunity to acquire two renovated, multifamily assets with strong in-place cash flow, multiple exit strategies, and long-term appreciation upside in one of the District’s most resilient rental markets. The portfolio consists of eight total units across two separately metered buildings, offering buyers flexibility to acquire individually or as a combined investment. Both assets have undergone substantial renovations, including modernized interiors and upgraded building systems, reducing near-term capital expenditure risk and providing immediate operational stability. From a financial standpoint, the properties deliver attractive going-in cap rates ranging from approximately 6.99% to 7.39%, with NOI of approximately $271,000 combined, and strong Debt Coverage Ratios (1.30x–1.38x). Shaw Duo offers strong in-place income, and market-supported rent growth in a low vacancy submarket. These four-unit buildings also present an exceptional opportunity for owner-occupants seeking to offset housing costs through rental income. FHA financing is available for qualified buyers, significantly expanding the buyer pool. In high-cost markets such as Washington, D. C., the 2026 FHA loan limit for a four-unit property is approximately $2.4 million, allowing buyers to acquire these assets with low down payment requirements while benefiting from market-rate rents. With close proximity to Howard University, this opportunity is also well-suited for parents purchasing housing for a student while renting the remaining units to fellowstudents or young professionals. This strategy enables parents to convert housing expenses into a long-term investment, offset ownership costs through rental income, and retain a highly marketable asset upon graduation. The unit layouts, neighborhood amenities, and transit access align well with student and early-career renter demand, making this a compelling alternative to traditional student housing or condominium ownership. Columbia Heights remains one of Washington, D. C.’s most transit-oriented, and demographically diverse submarkets. Anchored by the Columbia Heights Metro Station (Green/Yellow Lines) and the 14th Street NW commercial corridor, the neighborhood benefits from exceptional walkability, dense retail amenities, and proximity to maj
  1. Listed by Lorenzo M Wooten Jr. • Marcus & Millichap Real Estate
    P: (202)-536-3742 lorenzo.wooten@marcusmillichap.com

Property Details for 1500 Columbia Road Northwest

Tax ID Number
2577//0035
Ownership
Fee Simple
Structure Type
End of Row/Townhouse
Style
Victorian
Waterfront
No
Garage
No
Subdivision
COLUMBIA HEIGHTS
Subdivision
COLUMBIA HEIGHTS (WASHINGTON DC)
LISTING UPDATED: 02/06/2026 11:50 PM

Property Details for 1500 Columbia Road Northwest

StatusActive
MLS #DCDC2244846
Days on Market1
Taxes$9,583 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1900
Lot Size0.04 AC / 1,737 SF
CountyDistrict of Columbia

Location

Listing Courtesy of Marcus & Millichap Real Estate
Add your commute

Building Information for 1500 Columbia Road Northwest

Stories-Residences4Year Built1900Building Size-Lot Size0.04 AC / 1,737 SF

Payment Calculator

$11,765 per month

30 year fixed, 6.15% Interest

Principal and Interest

$10,966

Property Taxes

$799

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1500 Columbia Road Northwest

Location
Location
  • In City Limits: Yes
  • Transportation: Metro/Subway Station less than 1 mile, Bus Stop less than 1 mile
  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District County ID: 121140357950
  • SchoolDistrictSource: 3rd Party
  • County: WASHINGTON
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Association / Community Info
Association / Community Info
  • Association Recreation Fee Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2025
  • Tax Assessed Value: $1,176,570
  • Year Assessed: 2025
  • County Tax: $0
  • Improvement Assessed Value: $682,290
  • City Town Tax: $9,583
  • Land Assessed Value: $494,280
  • Clean Green Assessed: No
  • Land Use Code: 0
  • Zoning: R5
  • Tax Lot: 35
  • School Tax: $0
  • Automatically Update Tax Values Y/N: Yes
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 0
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 4
  • Units Furnished: None
  • Units Leased Count: 4
Financial Information
Financial Information
  • Net Operating Income: $166,360
  • Cap Rate: 7.39
  • Existing Lease Type: Yearly
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 2,909.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Assessor
  • Lot Features: Corner
  • Soil Types: Unknown
  • Parcel ID: 16035581
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Appliances: Dishwasher, Disposal, Dryer, Exhaust Fan, Freezer, Icemaker, Microwave, Oven/Range - Gas, Range Hood, Refrigerator, Washer
  • Accessibility Features: None
Exterior Features
Exterior Features
  • Outdoor Living Structures: Balconies- Multiple, Porch(es)
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Capital Area Association of REALTORS
  • List Agent URL: www.wootensalesgroup.com

Property History for 1500 Columbia Road Northwest

DateEvent & SourcePriceAppreciation
Feb 6, 2026

Listed (Active)

BRIGHT #DCDC2244846

$2,250,000—
Aug 12, 2017

Withdrawn

BRIGHT #1008336380

—
Aug 7, 2017

Listed (Active)

BRIGHT #1008336380

$2,400,000—
Nov 30, 2015

Closed (Public Record)

Public Record #560945912

$975,000—
Nov 30, 2015

Closed

BRIGHT #1002610474

$975,000—
Jun 22, 2015

Pending

BRIGHT #1002610474

—
May 27, 2015

Withdrawn

BRIGHT #1007927480

—
May 15, 2015

Listed (Active)

BRIGHT #1007927480

$974,500—
May 14, 2015

Listed (Active)

BRIGHT #1002610474

$974,500—
Oct 12, 2001

Closed

BRIGHT #DCDC243668

$299,000—
Apr 24, 2001

Pending

BRIGHT #DCDC243668

—
Mar 5, 2001

Listed (Active)

BRIGHT #DCDC243668

$379,000—
DateEvent & SourcePrice
02/06/2026

Listed (Active)

BRIGHT #DCDC2244846

$2,250,000
08/12/2017

Withdrawn

BRIGHT #1008336380

—
08/07/2017

Listed (Active)

BRIGHT #1008336380

$2,400,000
11/30/2015

Closed (Public Record)

Public Record #560945912

$975,000
11/30/2015

Closed

BRIGHT #1002610474

$975,000
06/22/2015

Pending

BRIGHT #1002610474

—
05/27/2015

Withdrawn

BRIGHT #1007927480

—
05/15/2015

Listed (Active)

BRIGHT #1007927480

$974,500
05/14/2015

Listed (Active)

BRIGHT #1002610474

$974,500
10/12/2001

Closed

BRIGHT #DCDC243668

$299,000
04/24/2001

Pending

BRIGHT #DCDC243668

—
03/05/2001

Listed (Active)

BRIGHT #DCDC243668

$379,000

For completeness, Compass often displays two records for one sale: the MLS record and the public record.

Public Records for 1500 Columbia Road Northwest

Taxable ValueLand$491,810Additions$635,630Total$1,127,440
Tax Record2025$9,583 ($799 / month)
Home Facts
Baths6Total Finished SqFt2,282 SqFtAbove Grade Finished SqFt2,282 SqFtStories3Lot Size1,737 SqFtStyleMulti-Family Dwelling (2-4)Year Built1900Year Renovated2017ZoningRA-2CountyDISTRICT OF COLUMBIAAPN2577 0035

Schools near 1500 Columbia Road Northwest

This home is within District Of Columbia Public Schools.
Rating
School
Type
Grades
Distance
H.D. Cooke Elementary School
Public - PK to 5
Cardozo Education Campus
Public - 6 to 12
Columbia Heights Education Campus
Public - 6 to 12
Benjamin Banneker High School
Public - 9 to 12
Rating
School
Distance
H.D. Cooke Elementary School
PublicPK to 5

Cardozo Education Campus
Public6 to 12

Columbia Heights Education Campus
Public6 to 12

Benjamin Banneker High School
Public9 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1500 Columbia Road Northwest, Washington, DC 20009

1500 Columbia Road Northwest is a multi-family home for sale in Washington, DC 20009. This property was listed for sale on February 6, 2026 by Marcus & Millichap Real Estate, it's currently listed at $2,250,000. It has been on the market for a total of 1 days and was last sold on November 30, 2015. This listing's school district is District Of Columbia Public Schools. Nearby schools include H.D. Cooke Elementary School, Cardozo Education Campus and Columbia Heights Education Campus. 1500 Columbia Road Northwest is a 0-bed, 0-bath, 2,909 sqft multi-family home built in 1900.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of descriptions or measurements (including square footage measurements and property condition), such should be independently verified, and Compass, Inc., its subsidiaries, affiliates and their agents and associated third parties expressly disclaims any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the discretion of the seller. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Marcus & Millichap Real Estate

© 2026 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 02/06/2026 11:50 PM