1927 15th St NW
Washington, DC 20009

$1,775,000

Price

Beds

Baths

3,105 Sq. Ft.

$572 / Sq. Ft.

3,105

Sq. Ft.

$572

per Sq. Ft.

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Listed By CompassVirtual Tour

a view of a brick building with many windows

a living room with furniture and a potted plant

a living room with furniture rug and wooden floor

a view of a dining room with furniture and wooden floor

a living room with furniture and a wooden floor

a living room with furniture a wooden floor and a rug

Charming kitchen with updated countertops

a kitchen with a sink a stove and a refrigerator

a bathroom with a sink a mirror and a shower

a kitchen with stainless steel appliances a sink stove and cabinets

a bathroom with a toilet a sink and mirror

a bedroom with a large bed and a wooden floor

Private balcony off of primary bedroom in Unit 2

a living room with furniture potted plant and open kitchen view

a living room with furniture or couch and a flat screen tv

a living room with furniture and a couch

a utility room with sink dryer and washer

a kitchen with lots of clutter and cabinets

a bedroom with a bed and painting on the wall

a bathroom with a toilet a sink and a mirror

a view of a balcony with wooden floor and iron fence

a living room with furniture and kitchen view

a kitchen with a stove a sink cabinets and wooden floor

a kitchen with stainless steel appliances kitchen island wooden cabinets and stove top oven

a living room with furniture and wooden floor

a bathroom with a sink a toilet and shower curtain

a view of balcony with a couple of cars parked in parking lot

a front view of a house with iron stairs

Description

1927 15th St NW presents a fully leased, income-producing three-unit asset in the heart of the U Street/14th Street corridor—one of Washington, DC’s most dynamic and consistently high-demand rental submarkets.
With all three units now stabilized, the property generates $9,249 per month ($110,988 annually) in gross rental income, offering immediate cash flow with no lease-up risk. The asset features a highly desirable unit mix of two two-bedroom residences and one one-bedroom residence, each with in-unit...1927 15th St NW presents a fully leased, income-producing three-unit asset in the heart of the U Street/14th Street corridor—one of Washington, DC’s most dynamic and consistently high-demand rental submarkets.

With all three units now stabilized, the property generates $9,249 per month ($110,988 annually) in gross rental income, offering immediate cash flow with no lease-up risk. The asset features a highly desirable unit mix of two two-bedroom residences and one one-bedroom residence, each with in-unit washer/dryer and separately metered electricity, supporting operational efficiency and tenant appeal.

Apt 2 (1BR/1BA) is leased through April 30, 2027 at $3,350/month (including parking).
Apt 1 (2BR/1BA) is leased through July 31, 2026 at $3,475/month (including parking).
Apt G (2BR/1BA) is leased through May 31, 2027 at $2,424/month.

The staggered lease structure provides both income stability and future rent growth opportunities, allowing an investor to strategically adjust rents over time in alignment with market conditions.

At the current asking price, the property presents an estimated cap rate ranging from the mid-4% to approximately 5.0%, depending on expense assumptions and management approach.

The property benefits from a current Certificate of Occupancy (July 2024) and a valuable rent-control exemption, offering long-term flexibility for rental increases and asset management strategy—an increasingly important advantage in the DC market.

Since 2020, the building has undergone meaningful capital improvements, including full brick façade repointing with gable reconstruction, slate roof stabilization, updated HVAC systems (Apts 1 & G), modernized kitchens and finishes, enhanced lighting, and exterior stair upgrades—significantly reducing near-term capital expenditure risk.

Additional features include two secured off-street parking spaces with protected garage access, a premium amenity that enhances rental value and tenant retention in this highly walkable, transit-oriented location.

Positioned within walking distance to Metro, restaurants, retail, and nightlife, the U Street corridor continues to demonstrate strong tenant demand, low vacancy, and long-term appreciation fundamentals.

For investors seeking a stabilized, rent-control-exempt asset with immediate cash flow, minimal deferred maintenance, and durable long-term upside, 1927 15th St NW represents a compelling opportunity in one of DC’s most resilient urban rental markets.

Listing Agent

Clarence Pineda
Listing Agent
Compass
P: (202)-251-9797
Call Text

Property Details for 1927 15th Street Northwest

Tax ID Number

0205//0040

Ownership

Fee Simple

Condo Coop Association

HOA

Structure Type

Interior Row/Townhouse

Style

Traditional

Levels/Stories

Waterfront

LISTING UPDATED: 04/17/2026 09:21 AM

Property Details for 1927 15th Street Northwest

Status	Active
MLS #	DCDC2248664
Days on Market	72
Taxes	$11,839 / year
HOA Fees	-
Condo/Co-op Fees	-
Property Type	Townhouse
MLS Type	Residential / Fee Simple
Year Built	1908
Lot Size	0.04 AC / 1,739 SF
County	District of Columbia

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Location

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Building Information for 1927 15th Street Northwest

Stories3Residences-Year Built1908Lot Size0.04 AC / 1,739 SF

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$9,925 per month

30 year fixed, 6.46% Interest

Principal and Interest

$8,938

Property Taxes

$987

HOA Dues

The Payment Calculator is for illustrative purposes only.

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Property Information for 1927 15th Street Northwest

Location

In City Limits: Yes
School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

School District County ID: 121140357950
SchoolDistrictSource: Listing Agent
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

Senior Community: No

Taxes and Assessment

Tax Year: 2025
Tax Assessed Value: $1,509,430

Year Assessed: 2025
County Tax: $0
Improvement Assessed Value: $716,150
City Town Tax: $11,839
Land Assessed Value: $793,280
Clean Green Assessed: No
Land Use Code: 0
Section: 205
Agricultural Tax Due: No
Zoning: RA-2
Tax Lot: 40
School Tax: $0
Automatically Update Tax Values Y/N: No

Rooms

Main

# Bedrooms Count Main Level: 2
# Bathrooms Count Main Level: 1

# Bathrooms Full Main Level: 1
# Bathrooms Half Main Level: 0

All Upper Levels

# Bedrooms Count All Upper Levels: 1
# Bathrooms Count All Upper Levels: 1

# Bathrooms Full All Upper Levels: 1

Upper Level 1

# Bedrooms Count Upper Level: 1
# Bathrooms Count Upper Level: 1

# Bathrooms Full Upper Level: 1

All Lower Levels

# Bedrooms All Lower Levels: 2
# Bathrooms All Lower Levels: 1

# Bathrooms Full All Lower Levels: 1

Lower Level 1

# Bedrooms Lower Level: 2
# Bathrooms Lower Level: 1

# Bathrooms Full Lower Level: 1

Rooms

Stories: Lower 1, Main, Upper 1

Building Info

Total Finished SQFT: 3,105.00
Total Finished SQFT Source: Estimated

Total SQFT: 3,105.00
Total SQFT Source: Estimated
Construction Materials: Brick
Ext Main Mid-res: http://bright-media01.prd.brightmls.com/bright/images/0000/8045/9248/0456/804592480456_512_384_WM_wW45zaNAHFMN-ths.jpg
Flooring Type: Hardwood, Ceramic Tile
Basement Type: Daylight, Partial, Front Entrance, Rear Entrance
Foundation Details: Brick/Mortar
Room and Floor: Bedrooms-Main Level-1, Bedrooms-Main Level-2, Bathrooms Full-Main Level-1, Bedrooms-Upper Level 1-1, Bedrooms-Lower Level 1-1, Bedrooms-Lower Level 1-2, Bathrooms Full-Upper Level 1-1, Bathrooms Full-Lower Level 1-1
# Bathrooms Full: 3
# Bathrooms Half: 0
Other Structure: Above Grade, Below Grade

Lot / Land Information

Lot Size Source: Estimated
Soil Types: Urban Land Not Rated

Parking

Type Of Parking: Off Street
Off Street - # of Spaces: 2

Parking Features: Secure Parking

Interior Features

Interior Features: Combination Dining/Living, Floor Plan - Open
Fireplace: No

Appliances: Dishwasher, Disposal, Dryer, Refrigerator, Washer, Oven/Range - Electric
Accessibility Features: None
Security Features: Security Gate
Virtual Tour URL Unbranded: https://vimeo.com/1154011341?fl=pl&fe=sh

Exterior Features

Outdoor Living Structures: Balconies- Multiple, Patio(s)
Pool: No Pool

Utilities

Heating: Yes
Cooling Type: Central A/C

Cooling Fuel: Electric
Heating Type: Heat Pump(s)
Heating Fuel: Electric
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.jeffandjosephgroup.com

Property History for 1927 15th Street Northwest

Date	Event & Source	Price	Appreciation
Apr 3, 2026	Price Change BRIGHT #DCDC2248610	$1,775,000	—
Apr 3, 2026	Price Change BRIGHT #DCDC2248664	$1,775,000	—
Mar 4, 2026	Listed (Active) BRIGHT #DCDC2248610	$1,850,000	—
Mar 4, 2026	Listed (Active) BRIGHT #DCDC2248664	$1,850,000	—
Feb 28, 2020	Closed BRIGHT #DCDC459122	$1,280,000	—
Feb 19, 2020	Pending BRIGHT #DCDC459122		—
Feb 19, 2020	Listed (Active) BRIGHT #DCDC459122	$1,280,000	—
Oct 29, 1999	Closed BRIGHT #DCDC279724	$259,000	—
Jun 7, 1999	Pending BRIGHT #DCDC279724		—
Jun 3, 1999	Listed (Active) BRIGHT #DCDC279724	$249,000	—

Date	Event & Source	Price
04/03/2026	Price Change BRIGHT #DCDC2248610	$1,775,000
04/03/2026	Price Change BRIGHT #DCDC2248664	$1,775,000
03/04/2026	Listed (Active) BRIGHT #DCDC2248610	$1,850,000
03/04/2026	Listed (Active) BRIGHT #DCDC2248664	$1,850,000
02/28/2020	Closed BRIGHT #DCDC459122	$1,280,000
02/19/2020	Pending BRIGHT #DCDC459122	—
02/19/2020	Listed (Active) BRIGHT #DCDC459122	$1,280,000
10/29/1999	Closed BRIGHT #DCDC279724	$259,000
06/07/1999	Pending BRIGHT #DCDC279724	—
06/03/1999	Listed (Active) BRIGHT #DCDC279724	$249,000

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

Public Records for 1927 15th Street Northwest

Taxable ValueLand$789,310Additions$693,410Total$1,482,720

Tax Record2025$11,839 ($987 / month)

Home Facts

Baths3Total Finished SqFt2,070 SqFtAbove Grade Finished SqFt2,070 SqFtStories2Lot Size1,739 SqFtStyleMulti-Family Dwelling (2-4)Year Built1908ZoningRA-2CountyDISTRICT OF COLUMBIAAPN0205 0040Fireplace TypeHas Fireplace

Schools near 1927 15th Street Northwest

This home is within District Of Columbia Public Schools.


Rating	School	Type	Grades	Distance
9/10	Garrison Elementary School	Public - Serves this home	PK to 5	0.3 mi
3/10	Cardozo Education Campus	Public - Serves this home	6 to 12	0.5 mi
9/10	Benjamin Banneker High School	Public - Choice school	9 to 12	0.6 mi
9/10	School Without Walls High School	Public - Choice school	9 to 12	1.5 mi
9/10	McKinley Technology High School	Public - Choice school	9 to 12	1.6 mi
1/10	Roosevelt STAY High School @ MacFarland	Public - Choice school	9 to 12	1.9 mi
NR	St. Augustine School	Private - Nearby school	PK to 8	0.1 mi
NR	Fusion Academy Wdc: Washington D.C.	Private - Choice school	6 to 12	0.6 mi
NR	Mysa School	Private - Nearby school	1 to 11	0.7 mi


Rating	School	Distance
9/10	Garrison Elementary School PublicPK to 5 Serves this home	0.3 mi
3/10	Cardozo Education Campus Public6 to 12 Serves this home	0.5 mi
9/10	Benjamin Banneker High School Public9 to 12 Choice school	0.6 mi
9/10	School Without Walls High School Public9 to 12 Choice school	1.5 mi
9/10	McKinley Technology High School Public9 to 12 Choice school	1.6 mi
1/10	Roosevelt STAY High School @ MacFarland Public9 to 12 Choice school	1.9 mi
NR	St. Augustine School PrivatePK to 8 Nearby school	0.1 mi
NR	Fusion Academy Wdc: Washington D.C. Private6 to 12 Choice school	0.6 mi
NR	Mysa School Private1 to 11 Nearby school	0.7 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.

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More information about 1927 15th Street Northwest, Washington, DC 20009

1927 15th Street Northwest is a townhouse for sale in Washington, DC 20009. This property was listed for sale on March 4, 2026 by Compass, it's currently listed at $1,775,000. It has been on the market for a total of 72 days and was last sold on February 28, 2020. This listing's school district is District Of Columbia Public Schools. Nearby schools include Garrison Elementary School, Cardozo Education Campus and Benjamin Banneker High School. 1927 15th Street Northwest is a 5-bed, 3-bath, 3,105 sqft townhouse built in 1908.

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.

© 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 04/17/2026 09:21 AM

1927 15th St NWWashington, DC 20009

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More information about 1927 15th Street Northwest, Washington, DC 20009

1927 15th St NW
Washington, DC 20009