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Renovated Five-Unit Multifamily Building
New
For Sale
$3,500,000

1823 KALORAMA Rd NW, Washington, DC 20009

Fully leased, renovated five-unit multifamily property with four private surface parking spaces.

Days on Market3

Property Features for 1823 KALORAMA Rd NW

General Information

Standard status Active
Total Parking Spaces 4
Property subtype Investment
Occupancy 100%

Site & Location

Road Access Yes
Public Transit Yes

Units

Unit Mix 2 x 1BR/1BA, 2 x 2BR/2BA, 1 x 2BR/2.5BA
Multifamily Units 5

Amenities

in-unit laundry
private terraces

Building Details

Building Size 3,857 SF
Year Built 1900
Year Renovated 2019
Buildings 1
Stories 5
Construction brick
Listing Agency: TTR Sotheby's International Realty
Listed By: Brent E Jackson · License #AB98368556
Source: Elliman
Added: Jul 28 Changed: Jul 29 Last Checked: Jul 29 at 9:39AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of TTR Sotheby's International Realty

Investment Insights

Based on property information with market context.

1823 Kalorama Road NW is a renovated, fully leased five-unit multifamily property originally built in 1900 and extensively reimagined in 2019. The building is arranged across five levels and includes two one-bedroom, one-bath residences on the lower level, two expansive two-bedroom, two-bath residences on the main and second levels, and a two-level penthouse spanning the third and fourth floors. Interior finishes include solid hardwood floors, high ceilings, recessed lighting, oversized windows, and in-unit laundry. Kitchens feature custom cabinetry, stone countertops, professional-grade stainless steel appliances, and generous islands. Bathrooms are appointed with marble tile, freestanding soaking tubs, glass-enclosed rainfall showers, and designer fixtures. Select units offer private outdoor space, terraces, and city views.

The property is positioned along Kalorama Road in the heart of Adams Morgan, with close proximity to the restaurants, cafés, and nightlife along the 18th Street and Columbia Road corridors. It also benefits from high walk, bike, and transit scores.

Four private surface parking spaces are available on site, providing convenient access for residents. The building is described as TOPA-compliant, supporting immediate income from current occupancy.

Key Highlights

  • Fully leased, comprehensively renovated 5‑unit multifamily building (4 private surface parking spaces).
  • Originally built in 1900; extensively reimagined in 2019 with a renovated historic brick exterior.
  • Unit mix: two 1‑bedroom/1‑bath units on the lower level; two 2‑bedroom/2‑bath units each on the main and second levels.

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Electrical Service Kitchen & Bath Showroom Furniture & Home Goods Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

5
Residential units
100%
Occupancy
Yes
Paved road access

Location Intelligence

Trade Area within ½ mile

5,984
Businesses Nearby

Demographics for 20009, DC

53,357
Population
31,824
Households
1.7
Avg Household Size
34
Median Age
84%
College-Educated
97%
High-School Grad
1.3 sq mi
ZIP Area
41,044
Density / Sq Mi
$140,555
Median Household Income
$99,606
Median Earnings
$2,346
Median Rent
$727,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Fully leased, renovated five-unit multifamily property with four private surface parking spaces.
Where is this apartment building located?
The property is located at 1823 KALORAMA Rd NW Washington, DC.
What is the asking price?
The asking price for this property is $3,500,000.
What are key features of this property?
This property features: Fully leased, comprehensively renovated 5‑unit multifamily building (4 private surface parking spaces).; Originally built in 1900; extensively reimagined in 2019 with a renovated historic brick exterior.; Unit mix: two 1‑bedroom/1‑bath units on the lower level; two 2‑bedroom/2‑bath units each on the main and second levels.
More about this property
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