1510 R St NW

















































































































Description
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.
- Listed by Marybeth G Fraser • KW Metro CenterP: (703)-798-1803 marybeth@magnificentmanors.com
- Listed by Kimberly Coles • KW Metro CenterP: (202)-674-3746 kim@magnificentmanors.com
Property Details for 1510 R Street Northwest
Open Houses
Saturday, Dec 6th
1:00 PM - 3:00 PM
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Sunday, Dec 7th
1:00 PM - 3:00 PM
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Sunday, Dec 14th
1:00 PM - 3:00 PM
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Property Details for 1510 R Street Northwest
| Status | Active |
|---|---|
| MLS # | DCDC2233030 |
| Days on Market | 2 |
| Taxes | $11,778 / year |
| HOA Fees | - |
| Condo/Co-op Fees | - |
| Compass Type | Multi Family |
| MLS Type | Multi-Family / Fee Simple |
| Year Built | 1875 |
| Lot Size | 0.04 AC / 1,742 SF |
| County | District of Columbia |
Location
Virtual Tour
Building Information for 1510 R Street Northwest
Payment Calculator
$7,381 per month
30 year fixed, 6.28% Interest
$6,399
$982
$0
Property Information for 1510 R Street Northwest
- 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
- Water View: No
- Water Access: No
- Water Oriented: No
- Navigable Water: No
- Tidal Water: No
- Riparian Rights Y/N: No
- Association Recreation Fee Y/N: No
- 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
- Owner Pays: Accounting/Legal, Advertising/Licenses and Permits, Common Area Maintenance, Insurance, Management, Pest Control, Taxes - Real Estate
- Rent Control: No
- 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
- Operating Expense Includes: Insurance
- Pool Expense: $0
- Annual Rental Income: $85,620
- Income Includes: Apartment Rentals
- Existing Lease Type: None
- Building Units Total: 2
- Total Finished SQFT: 2,324.00
- Total Finished SQFT Source: Estimated
- Total SQFT: 2,324.00
- Total SQFT Source: Estimated
- Construction Materials: Brick
- Wall and Ceiling Types: Dry Wall, Plaster Walls
- Flooring Type: Ceramic Tile, Hardwood
- Foundation Details: Block
- Other Structure: Above Grade, Below Grade
- Lot Size Source: Estimated
- Soil Types: Unknown
- Road Surface Type: Black Top
- Road Responsibility: City/County
- Ground Rent Exists: No
- Type Of Parking: Off Street
- Off Street - # of Spaces: 2
- Parking Features: Concrete Driveway, Private
- 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
- Virtual Tour URL Unbranded: https://my.matterport.com/show/?m=b2wQsGztzNL&brand=0&mls=1&
- Spa: No
- Exterior Features: Sidewalks, Exterior Lighting, Gutter System, Street Lights
- Outdoor Living Structures: Deck(s), Patio(s), Balcony
- Pool: No Pool
- 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
- List Agent AOR: Northern Virginia Association of REALTORS
- List Agent URL: www.magnificentmanors.com
Property History for 1510 R Street Northwest
| Date | Event & Source | Price | Appreciation |
|---|---|---|---|
| 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 | — |
| Date | Event & Source | Price |
|---|---|---|
| 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
Schools near 1510 R Street Northwest
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.
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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
















































































































