1510 R St NW

$1,295,000
Price
Beds
Baths
2,324 Sq. Ft.
$557 / Sq. Ft.
2,324
Sq. Ft.
$557
per Sq. Ft.

Description

Exceptional Investment Opportunity
This Washington, DC gem is a standout for investors seeking reliable returns in one of the city’s most coveted neighborhoods. With a projected cap rate of up to 5.44%, the property has consistently generated rental income across two units, delivering predictable cash flow and long-term value appreciation. (EGI-Based Investment Proforma in MLS Documents)
Centrally positioned between the lively Dupont Circle and Logan Circle neighborhoods, this home is just steps from
...Exceptional Investment Opportunity
This Washington, DC gem is a standout for investors seeking reliable returns in one of the city’s most coveted neighborhoods. With a projected cap rate of up to 5.44%, the property has consistently generated rental income across two units, delivering predictable cash flow and long-term value appreciation. (EGI-Based Investment Proforma in MLS Documents)

Centrally positioned between the lively Dupont Circle and Logan Circle neighborhoods, this home is just steps from an exciting mix of award-winning restaurants, boutique shopping, cultural attractions, and vibrant nightlife. The prime location ensures high tenant appeal, supporting strong rental demand and sustained occupancy. Commuters will appreciate the proximity to Washington, DC’s metro system: Dupont Circle Metro (Red Line) is just a few blocks away, providing quick access to downtown and beyond, while Farragut North (Red Line) and Farragut West (Blue/Orange/Silver Lines) are also nearby, connecting residents across the city and the greater metro area. The upper two-level unit features 3 bedrooms and 2.5 baths, while the lower level offers a 1-bedroom, 1-bath apartment, both freshly painted in a soft gray perfect for any décor. Bright white trim (updated in 2025) highlights the beautiful crown molding that speaks to the home’s charm. Sunlight streams through large windows, illuminating the oak hardwood floors throughout. Outdoor living options abound with a fenced back patio, deck, and balcony. Both units include front-loading washers and dryers, and additional modern updates further enhance comfort and functionality (see full upgrade list in MLS Documents). While utilities are not separately metered, the well-laid-out units maximize revenue potential and appeal to tenants. Whether expanding an existing portfolio or adding a new income-generating asset in a competitive DC market, this property represents a strategic investment with both immediate cash flow and long-term appreciation potential. Combining solid financial performance with a highly sought-after location, this property is a rare opportunity for investors who want both stability and growth in the dynamic Washington, DC real estate market. Note: Kitchen and bathroom renovations will increase the appeal of the rental units to tenants. Estimated Gross Income (EGI) projections assume modernization of kitchens and bathrooms.
  1. Listed by Marybeth G Fraser • KW Metro Center
    P: (703)-798-1803 marybeth@magnificentmanors.com
  2. Listed by Kimberly Coles • KW Metro Center
    P: (202)-674-3746 kim@magnificentmanors.com

Property Details for 1510 R Street Northwest

Tax ID Number
0193/0108
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Victorian
Waterfront
No
Garage
No
Expected On Market Date
12-04-2025
Subdivision
LOGAN CIRCLE

Open Houses

Saturday, Dec 6th

1:00 PM - 3:00 PM

Public

Sunday, Dec 7th

1:00 PM - 3:00 PM

Public

Sunday, Dec 14th

1:00 PM - 3:00 PM

Public

LISTING UPDATED: 12/05/2025 05:34 PM

Property Details for 1510 R Street Northwest

StatusActive
MLS #DCDC2233030
Days on Market2
Taxes$11,778 / year
HOA Fees-
Condo/Co-op Fees-
Compass TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1875
Lot Size0.04 AC / 1,742 SF
CountyDistrict of Columbia

Location

Listing Courtesy of KW Metro Center
Add your commute

Virtual Tour

Building Information for 1510 R Street Northwest

Stories-Residences2Year Built1875Building Size-Lot Size0.04 AC / 1,742 SF

Payment Calculator

$7,381 per month

30 year fixed, 6.28% Interest

Principal and Interest

$6,399

Property Taxes

$982

HOA Dues

$0

The Payment Calculator is for illustrative purposes only.

Property Information for 1510 R Street Northwest

Location
Location
  • In City Limits: Yes
  • Transportation: Airport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station less than 1 mile
  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District County ID: 121140357950
  • SchoolDistrictSource: Listing Agent
  • Elementary School: ROSS (WASHINGTON DC)
  • ElementarySchoolSource: Listing Agent
  • Middle Or Junior School: FRANCIS - STEVENS (WASHINGTON DC)
  • MiddleSchoolSource: Listing Agent
  • High School: CARDOZO EDUCATION CAMPUS (WASHINGTON DC)
  • HighSchoolSource: Listing Agent
  • 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: $1,385,640
  • Year Assessed: 2025
  • City Town Tax: $11,778
  • Municipal Trash: Yes
  • Agricultural Tax Due: No
  • Historic: No
  • Zoning: RA8
  • Zoning Dscrp: Multi-family
  • Automatically Update Tax Values Y/N: No
Lease Information
Lease Information
  • Owner Pays: Accounting/Legal, Advertising/Licenses and Permits, Common Area Maintenance, Insurance, Management, Pest Control, Taxes - Real Estate
  • Rent Control: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 1
  • Two Bedroom Units Count: 0
  • Three Bedroom Units Count: 1
  • Units Furnished: None
  • Units Leased Count: 2
  • Number Of Units Vacant: 2
  • Number Of Units Month To Month: 0
  • Rent Control: No
Financial Information
Expenses
  • Operating Expense Includes: Insurance
  • Pool Expense: $0
Financial Information
  • Annual Rental Income: $85,620
  • Income Includes: Apartment Rentals
  • Existing Lease Type: None
Building Info
Building Info
  • Building Units Total: 2
  • Total Finished SQFT: 2,324.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Soil Types: Unknown
  • Road Surface Type: Black Top
  • Road Responsibility: City/County
  • Ground Rent Exists: No
Parking
Parking
  • Type Of Parking: Off Street
  • Off Street - # of Spaces: 2
  • Parking Features: Concrete Driveway, Private
Interior Features
Interior Features
  • Interior Features: Dining Area, 2nd Kitchen, Bathroom - Jetted Tub, Bathroom - Soaking Tub, Bathroom - Stall Shower, Bathroom - Tub Shower, Built-Ins, Combination Dining/Living, Crown Moldings, Floor Plan - Traditional, Recessed Lighting, Stain/Lead Glass, Wood Floors
  • Fireplace: Yes
  • Fireplaces Count: 2
  • Appliances: Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Washer, Built-In Range, Microwave, Water Heater
  • Accessibility Features: None
  • Security Features: Security Gate, Main Entrance Lock, Smoke Detector, Window Grills
  • Window Features: Double Hung, Replacement
Exterior Features
Exterior Features
  • Spa: No
  • Exterior Features: Sidewalks, Exterior Lighting, Gutter System, Street Lights
  • Outdoor Living Structures: Deck(s), Patio(s), Balcony
  • Pool: No Pool
Utilities
Utilities
  • Utilities: Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available
  • Heating: Yes
  • Cooling Type: Central A/C
  • Cooling Fuel: Electric
  • Heating Type: Radiator
  • Heating Fuel: Natural Gas
  • Hot Water: Natural Gas
  • Water Source: Public
  • Sewer Septic: Public Septic, Public Sewer
  • Internet Services: Cable
Confidential Data
Listing Office
  • List Agent AOR: Northern Virginia Association of REALTORS
  • List Agent URL: www.magnificentmanors.com

Property History for 1510 R Street Northwest

DateEvent & SourcePriceAppreciation
Dec 4, 2025

Listed (Active)

BRIGHT #DCDC2221814

$1,295,000
Dec 4, 2025

Listed (Active)

BRIGHT #DCDC2233030

$1,295,000
Dec 20, 2004

Withdrawn

BRIGHT #DCDC398178

Dec 6, 2004

Listed (Active)

BRIGHT #DCDC398178

$3,400
DateEvent & SourcePrice
12/04/2025

Listed (Active)

BRIGHT #DCDC2221814

$1,295,000
12/04/2025

Listed (Active)

BRIGHT #DCDC2233030

$1,295,000
12/20/2004

Withdrawn

BRIGHT #DCDC398178

12/06/2004

Listed (Active)

BRIGHT #DCDC398178

$3,400

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

Public Records for 1510 R Street Northwest

Taxable ValueLand$783,560Additions$602,080Total$1,385,640
Tax Record2025$11,778 ($981 / month)
Home Facts
Baths2.5Total Finished SqFt1,794 SqFtAbove Grade Finished SqFt1,794 SqFtStories2Lot Size1,710 SqFtStyleMulti-Family Dwelling (2-4)Year Built1875ZoningRA-2/DCCountyDISTRICT OF COLUMBIAAPN0193 0108Fireplace TypeHas Fireplace

Schools near 1510 R Street Northwest

This home is within District Of Columbia Public Schools.
Rating
School
Type
Grades
Distance
Public - PK to 5
Public - 6 to 12
Public - 9 to 12
Public - 9 to 12
Rating
School
Distance
Ross Elementary School
PublicPK to 5

Cardozo Education Campus
Public6 to 12

Benjamin Banneker High School
Public9 to 12

School Without Walls 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.

Neighborhood Map and Transit

Similar Homes

Similar Sold Homes

1510 R Street Northwest is a multi-family home for sale in Washington, DC 20009. This property was listed for sale on December 4, 2025 by KW Metro Center, it's currently listed at $1,295,000. This listing's school district is District Of Columbia Public Schools. Nearby schools include Ross Elementary School, Cardozo Education Campus and Benjamin Banneker High School. 1510 R Street Northwest is a 0-bed, 0-bath, 2,324 sqft multi-family home built in 1875.

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 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 KW Metro Center

© 2025 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 12/05/2025 05:34 PM