1518 ISHERWOOD Street NE, Washington, DC 20002
MULTI_FAMILY - Other - WASHINGTON, DC
- Added:
- May 7, 2026
- Days on Market:
- 63
- Last Refresh:
- Jul 8 at 10:06 am
Property Features for 1518 ISHERWOOD Street NE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 2,841 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 7998
Utilities
- Heating system
- Hot Water(Heating)
Building Details
- Year built
- 1931
- Number of units
- 4
- Building materials
- Brick
- Architectural style
- Other
Listing agent Elizabeth Jane Martin License #SP98379614 (703) 926-5777
Listing office Berkshire Hathaway HomeServices PenFed Realty 1930 18TH Street unit: 4, Alexandria, DC (202) 243-4200
Listing date May 7, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Turnkey, income‑producing four‑unit multifamily property with all units currently occupied.
- Reinforced foundation engineered for future vertical expansion, offering significant value‑add potential.
- Located less than one mile from the future new RFK Stadium redevelopment, in an area poised for continued investment and appreciation.
- Approximately 2,841 square feet of finished living space on a 2,310 square foot lot.
- Classic brick exterior and renovated apartments.
- Fenced outdoor space provides an added amenity for tenants.
Overview
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $81.8k | $28.80 |
| − Vacancy | −$4.5k | −$1.58 |
| EGI | $77.3k | $27.22 |
| − OpEx | −$23.2k | −$8.16 |
| NOI | $54.1k | $19.05 |
Alternative Uses
Current Use by Public Records
Map
- City
- Washington
- County
- District of Columbia
- State
- District of Columbia
- Longitude
- -76.98279
- Latitude
- 38.89564