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Three-Level Duplex with Two-Bedroom Unit
For Sale
$1,295,000

1510 Columbia Rd NW, Washington, DC 20009

Built in 1910, the property offers a multi-level configuration near public transportation and neighborhood retail.

Property Size3,324 SF
Price / SF$389.59
Days on Market58

Property Features for 1510 Columbia Rd NW

General Information

Standard status Active
Size 3,324 SF
Property subtype Multi-Family

Site & Location

Neighborhood Columbia Heights
Public Transit Yes

Building Details

Year Built 1910
Stories 3
Listing Agency: Long & Foster Real Estate, Inc.
Listed By: Henry S Purcell · License #AB98364207
Source: Themelaninteam
Added: Sep 2 Changed: Oct 25 Last Checked: Oct 7 at 1:37PM

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 Long & Foster Real Estate, Inc.

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Investment Insights

Based on property information with market context.

This duplex at 1510 Columbia Road NW includes a three-level main residence along with a two-bedroom unit. The property contains 3,324 square feet and was built in 1910, providing a substantial existing structure for an owner or investor seeking a residential income asset.

The property is positioned in Columbia Heights with bus and metro stations described as being within a short walk. Local shops, dining, parks, and essential services are also nearby, placing everyday amenities and public transportation within the surrounding community.

Key Highlights

  • 3,324‑square‑foot duplex at 1510 COLUMBIA ROAD NW
  • Three‑level main residence with a two‑bedroom unit
  • Built in 1910

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$72,561
Cap Rate
5.60%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,451,220 $1.5M
Cap Rate 7%
$1,036,586 $1.0M
Cap Rate 9%
$806,233 $806.2K
Market Conditions
NOI Build-Up for 3,324 SF
Gross rent
$109.7K $33.00/SF
− Vacancy
−$6.0K −$1.82/SF
EGI
$103.7K $31.19/SF
− OpEx
−$31.1K −$9.36/SF
NOI
$72.6K $21.83/SF
Area
ZIP 20009
Vacancy
5.50%
Lease Rate
$33.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,451,220
Cap Rate 7%
$1,036,586
Cap Rate 9%
$806,233

Alternative Uses

Best Use
Multifamily LT 5
$1.04M
$907.0K – $1.21M (±1% cap)
NOI $72,561 @ 7.0% cap · market cap 5.60%
Second Best
Apartment 5plus
$924.1K
$808.6K – $1.08M (±1% cap)
NOI $64,684 @ 7.0% cap · market cap 4.99%
Theoretical Best
Office A
$1.71M
$1.50M – $1.99M (±1% cap)
NOI $119,683 @ 7.0% cap · market cap 9.24%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Location Intelligence

Trade Area within ½ mile

3,959
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Built in 1910, the property offers a multi-level configuration near public transportation and neighborhood retail.
Where is this duplex located?
The property is located at 1510 Columbia Rd NW Washington, DC.
What is the asking price?
The asking price for this property is $1,295,000.
What are key features of this property?
This property features: 3,324‑square‑foot duplex at 1510 COLUMBIA ROAD NW; Three‑level main residence with a two‑bedroom unit; Built in 1910
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