1500 Columbia Road Northwest

Closed 7/17/26

Last Sold Price

$1,810,000

2,909 sqft$622/sqft

1500 Columbia Rd NW, Washington, DC 20009

Description

New price adjustment on April 20th Marcus & Millichap is pleased to exclusively present a fully renovated four-unit apartment buildings located at 1500 Columbia Road NW (4 -3BR/2 BA) in the highly desirable Columbia Heights / Shaw submarket of Northwest Washington, D. C. The offering represents a rare opportunity to acquire a renovated multifamily asset with strong in-place cash flow, multiple exit strategies, and long-term appreciation upside in one of the District’s most resilient rental markets....New price adjustment on April 20th Marcus & Millichap is pleased to exclusively present a fully renovated four-unit apartment buildings located at 1500 Columbia Road NW (4 -3BR/2 BA) in the highly desirable Columbia Heights / Shaw submarket of Northwest Washington, D. C. The offering represents a rare opportunity to acquire a renovated multifamily asset with strong in-place cash flow, multiple exit strategies, and long-term appreciation upside in one of the District’s most resilient rental markets. There is also an option to purchase 543 Florida Avenue NW (4-2BR/1 BA) in the same submarket. 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. A ProForma CAP rate of 8.81% for 1500 Columbia Road NW. 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

LISTING CLOSED: 07/17/2026 12:00 AM

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

Status

Closed

MLS #

DCDC2244846

Days on Market

133

Taxes

$9,583 / year

HOA Fees

Condo/Co-op Fees

Property Type

Multi Family

MLS Type

Multi-Family / Fee Simple

Year Built

1900

Lot Size

0.04 AC / 1,737 SF

County

District of Columbia

Tax ID Number

2577//0035

Ownership

Fee Simple

Structure Type

End of Row/Townhouse

Style

Victorian

Waterfront

Garage

Subdivision

COLUMBIA HEIGHTS

Subdivision

COLUMBIA HEIGHTS (WASHINGTON DC)

Legal Subdivision

Columbia Heights

Central Air

Yes

Basement

Yes

Above Grade Finished SQFT

2,282.00

Above Grade Fin SQFT Source

Assessor

Below Grade Finished SQFT

627.00

Below Grade Fin SQFT Source

Assessor

Below Grade Unfinished SQFT

182.00

Below Grade Unfin SQFT Source

Assessor

Total Below Grade SQFT

809.00

Total Below Grade SQFT Source

Assessor

New Construction

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Location

Listing Courtesy of Marcus & Millichap Real Estate

Sold By Marcus & Millichap Real Estate

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Building Information for 1500 Columbia Road Northwest

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

Payment Calculator

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OriginPoint Mortgage or Rocket Mortgage¹

$9,999 per month

30 year fixed, 6.55% Interest

Principal and Interest

$9,200

Property Taxes

$799

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 1500 Columbia Road Northwest

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

Water View: No
Water Access: No

Water Oriented: No
Navigable Water: No
Tidal Water: No
Riparian Rights Y/N: No

Association / Community Info

Association Recreation Fee Y/N: No

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

Single Room Units Count: 0
One Bedroom Units Count: 0

Two Bedroom Units Count: 0
Three Bedroom Units Count: 4
Other Units: Unit 1,Unit 1
Units Furnished: None
Units Leased Count: 4

Multi Family

Unit 1

Type: Unit 1
Unit Type Occupied YN: No

Unit 2

Type: Unit 1
Unit Type Occupied YN: No

Financial Information

Net Operating Income: $166,360
Cap Rate: 7.39

Existing Lease Type: Yearly

Building Info

Building Units Total: 4
Total Finished SQFT: 2,909.00

Total Finished SQFT Source: Assessor
Tax Total Finished SQFT: 2,909.00
Total SQFT: 3,091.00
Total SQFT Source: Assessor
Construction Materials: Brick
Ext Main Mid-res: http://bright-media01.prd.brightmls.com/bright/images/0000/8045/1155/6748/804511556748_512_384_WM_nxk1pTlcjI9sldJd.jpg
Basement Type: Full
Foundation Details: Concrete Perimeter
Other Structure: Above Grade, Below Grade

Lot / Land Information

Lot Size Source: Assessor
Lot Features: Corner

Soil Types: Unknown
Parcel ID: 16035581
Ground Rent Exists: No

Parking

Type Of Parking: On Street

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

Outdoor Living Structures: Balconies- Multiple, Porch(es)
Pool: No Pool

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

Date	Event & Source	Price	Appreciation
Jul 17, 2026	Closed BRIGHT #DCDC2244846	$1,810,000	—
Jun 18, 2026	Price Change BRIGHT #DCDC2244846	$1,899,000	—
Jun 18, 2026	Pending BRIGHT #DCDC2244846		—
Jun 18, 2026	Active Under Contract BRIGHT #DCDC2244846		—
Jun 4, 2026	Price Change BRIGHT #DCDC2244846	$2,899,000	—
Apr 17, 2026	Price Change BRIGHT #DCDC2244846	$1,899,000	—
Mar 27, 2026	Price Change BRIGHT #DCDC2244846	$2,170,000	—
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	—

Date	Event & Source	Price
07/17/2026	Closed BRIGHT #DCDC2244846	$1,810,000
06/18/2026	Price Change BRIGHT #DCDC2244846	$1,899,000
06/18/2026	Pending BRIGHT #DCDC2244846	—
06/18/2026	Active Under Contract BRIGHT #DCDC2244846	—
06/04/2026	Price Change BRIGHT #DCDC2244846	$2,899,000
04/17/2026	Price Change BRIGHT #DCDC2244846	$1,899,000
03/27/2026	Price Change BRIGHT #DCDC2244846	$2,170,000
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, we 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
4/10	H.D. Cooke Elementary School	Public - Serves this home	PK to 5	0.2 mi
6/10	Columbia Heights Education Campus	Public - Serves this home	6 to 12	0.2 mi
6/10	Bard High School Early College DC (Bard DC)	Public - Nearby school	9 to 12	6.2 mi
NR	River Terrace Elementary School	Public - Nearby school	3 to 12	4.7 mi
1/10	Ballou STAY High School	Public - Choice school	9 to 12	6.4 mi
5/10	Ron Brown College Preparatory High School	Public - Nearby school	9 to 12	5.7 mi
NR	Fusion Academy Wdc: Washington D.C.	Private - Choice school	6 to 12	1.0 mi
NR	Mysa School	Private - Nearby school	1 to 11	0.1 mi
NR	Preparatory School of the District of Columbia	Private - Nearby school	K to 8	0.9 mi


Rating	School	Distance
4/10	H.D. Cooke Elementary School PublicPK to 5 Serves this home	0.2 mi
6/10	Columbia Heights Education Campus Public6 to 12 Serves this home	0.2 mi
6/10	Bard High School Early College DC (Bard DC) Public9 to 12 Nearby school	6.2 mi
NR	River Terrace Elementary School Public3 to 12 Nearby school	4.7 mi
1/10	Ballou STAY High School Public9 to 12 Choice school	6.4 mi
5/10	Ron Brown College Preparatory High School Public9 to 12 Nearby school	5.7 mi
NR	Fusion Academy Wdc: Washington D.C. Private6 to 12 Choice school	1.0 mi
NR	Mysa School Private1 to 11 Nearby school	0.1 mi
NR	Preparatory School of the District of Columbia PrivateK to 8 Nearby school	0.9 mi

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.

Columbia Heights

A multicultural city within the city. Columbia Heights is a true crossroads and cross-section of generations and cultures. With its concentration of schools, housing options, and mix of national retail and local eateries, residents of all ages have found a reason to put down roots.

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Nearby home values

Address	Sold price	Beds	Baths	Sqft	Lot (Sqft)
This home: 1500 Columbia Road Northwest, Washington, DC 20009	$1,810,000	–	–	2,909	1,737
1502 Columbia Road Northwest, Washington, DC 20009	–	4	2	2,070	–
1504 Columbia Road Northwest, Washington, DC 20009	$1,037,000	5	3	3,364	1,584
1506 Columbia Road Northwest, Washington, DC 20009	$738,000	–	3	2,496	1,584
1508 Columbia Road Northwest, Washington, DC 20009	$615,000	–	–	–	1,584
1512 Columbia Road Northwest, Washington, DC 20009	$1,100,000	–	3	2,292	1,584
1501 Harvard Street Northwest, Washington, DC 20009	–	3	2	2,056	–
1503 Harvard Street Northwest, Washington, DC 20009	$817,000	3	5	2,043	1,516
1483 Harvard Street Northwest, Washington, DC 20009	–	4	4	2,398	–
1501 Columbia Road Northwest, Washington, DC 20009	–	–	–	50,040	23,042
1505 Harvard Street Northwest, Washington, DC 20009	$860,000	4	3	2,086	1,897
1481 Harvard Street Northwest, Washington, DC 20009	–	3	1	1,680	2,026
4801 41st Street Northwest, Washington, DC 20016	–	6	4	3,262	1,834
1516 Columbia Road Northwest, Washington, DC 20009	–	–	4	2,646	1,301
1479 Harvard Street Northwest, Washington, DC 20009	$1,025,000	4	3	2,206	2,026
1477 Harvard Street Northwest, Washington, DC 20009	–	5	2	1,818	–

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Listing Courtesy of Marcus & Millichap Real Estate

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