1850 Kendall Street Northeast Washington, DC 20002
Vacant, bank-owned multifamily with 23 separately metered units and existing ductwork for central HVAC, ready for renovation.
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 office Marcus & Millichap - Washington, D.C.
Listing date May 28, 2026
Source Crexi
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Investment Insights
Based on property information with market context.
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.
