Adjacent Three-Level Apartment
1850 Kendall Street Northeast Washington, DC 20002
For Sale
Contact for pricing
Vacant, bank-owned multifamily with 23 separately metered units and existing ductwork for central HVAC, ready for renovation.
Property Size26,951 SF
Days on Market64
Property Features for 1850 Kendall Street Northeast
General Information
Standard status
Active
Size
26,951 SF
Property subtype
Multifamily
Building Details
Year Built
1965
Listing Agency:
Marcus & Millichap - Washington, D.C.
Listed By:
Lorenzo Wooten, Jr. CCIM · License #MD 629911
Source:
Crexi
Added: May 28
Changed: Jul 10
Last Checked: Jul 30 at 2:26AM
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 Marcus & Millichap - Washington, D.C.
Investment Insights
Based on property information with market context.
The offering includes two adjacent, three-level apartment buildings totaling 23 units. The unit mix consists of ten three-bedroom/one-bath units, eleven two-bedroom/one-bath units, and two one-bedroom/one-bath units. All apartments are separately metered for gas and electricity. Each unit also includes existing ductwork infrastructure for central air conditioning and heating systems. The property has sustained fire damage in late 2025 and is currently vacant, requiring a comprehensive renovation.
The buildings are located along the New York Avenue NE corridor in Northeast Washington, DC, in the Ivy City/Brentwood submarket. The address is approximately four blocks from Gallaudet University and eight blocks from Union Market. The area is also described as being near Union Station, with additional nearby development mentioned in the remarks, including the proposed Washington Commanders stadium redevelopment.
For investors or developers, this is a repositioning opportunity centered on renovating a supply-constrained rental asset with a defined unit mix across 1-, 2-, and 3-bedroom apartments. The offering includes a renovation scope and associated risk reflected in the purchase structure. The remarks further cite projected stabilized gross rental income of approximately $546,000 annually based on average monthly rents of about $1,600 for one-bedroom units, $1,800 for two-bedroom units, and $2,250 for three-bedroom units after renovation.
The buildings are located along the New York Avenue NE corridor in Northeast Washington, DC, in the Ivy City/Brentwood submarket. The address is approximately four blocks from Gallaudet University and eight blocks from Union Market. The area is also described as being near Union Station, with additional nearby development mentioned in the remarks, including the proposed Washington Commanders stadium redevelopment.
For investors or developers, this is a repositioning opportunity centered on renovating a supply-constrained rental asset with a defined unit mix across 1-, 2-, and 3-bedroom apartments. The offering includes a renovation scope and associated risk reflected in the purchase structure. The remarks further cite projected stabilized gross rental income of approximately $546,000 annually based on average monthly rents of about $1,600 for one-bedroom units, $1,800 for two-bedroom units, and $2,250 for three-bedroom units after renovation.
Key Highlights
- Two adjacent apartment buildings at 1850–1854 Kendall St NE totaling 23 units (vacant, bank‑owned).
- Unit mix: 10 three‑bedroom/one‑bath, 11 two‑bedroom/one‑bath, and 2 one‑bedroom/one‑bath units.
- Three‑level buildings totaling approximately 26,951 SF, built in 1965.
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Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Vacant, bank-owned multifamily with 23 separately metered units and existing ductwork for central HVAC, ready for renovation.
Where is this apartment building located?
The property is located at 1850 Kendall Street Northeast Washington, DC.
What are key features of this property?
This property features: Two adjacent apartment buildings at 1850–1854 Kendall St NE totaling 23 units (vacant, bank‑owned).; Unit mix: 10 three‑bedroom/one‑bath, 11 two‑bedroom/one‑bath, and 2 one‑bedroom/one‑bath units.; Three‑level buildings totaling approximately 26,951 SF, built in 1965.
