1927 15TH St NW Washington, DC 20009
New
Fully leased, income-producing three-unit asset in the U Street corridor.
Type:Investment
- Added:
- Apr 24, 2026
- Days on Market:
- 7
- Last Refresh:
- Apr 24 at 3:33 pm
Property Features for 1927 15TH St NW
General Information
- Standard status
- Active
- Property subtype
- Investment
Building Details
- Year Built
- 1908
Listing agent Clarence Pineda License #SP98369549 (202) 251-9797
Listing office Compass (202) 251-9797
Listing date Apr 24, 2026
Source Elliman
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 Compass
Overview
U Street Multifamily Investment Opportunity
Located in the U Street/14th Street corridor, this fully leased, income-producing three-unit property offers immediate cash flow. The property generates $9,249 per month ($110,988 annually) in gross rental income. The unit mix includes two two-bedroom residences and one one-bedroom residence, each with in-unit washer/dryer and separately metered electricity. Apartment 2 (1BR/1BA) is leased through April 30, 2027 at $3,350/month (including parking). Apartment 1 (2BR/1BA) is leased through July 31, 2026 at $3,475/month (including parking). Apartment G (2BR/1BA) is leased through May 31, 2027 at $2,424/month. The property has a current Certificate of Occupancy (July 2024) and a rent-control exemption. Since 2020, the building has undergone capital improvements, including full brick façade repointing with gable reconstruction, slate roof stabilization, updated HVAC systems (Apts 1 & G), modernized kitchens and finishes, enhanced lighting, and exterior stair upgrades. Additional features include two secured off-street parking spaces with protected garage access. The location is within walking distance to Metro, restaurants, retail, and nightlife. The property has a bike score of 99, a walk score of 97, and a transit score of 85.
Location Intelligence
Current Use by Public Records
Apartment buildings
Map
- City
- Washington
- County
- District of Columbia
- State
- District of Columbia
- Longitude
- -77.0342702
- Latitude
- 38.9164324
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Fully leased, income-producing three-unit asset in the U Street corridor.
Where is this apartment building located?
The property is located at 1927 15TH St NW Washington, DC.
What is the asking price?
The asking price for this property is $1,775,000.
What are key features of this property?
This property features: Fully leased, income‑producing property generating $110,988 annually with immediate cash flow.; Located in the high‑demand U Street/14th Street corridor, with excellent walk, bike, and transit scores.; Rent‑control exemption provides long‑term flexibility for rental increases.
