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For sale
  • $975,000

    1518 Isherwood St NE, Washington, DC 20002

    6beds
    --baths
    2,841sqft
    : 
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    Townhouse
    Built in 1931
    -- sqft lot
    $-- Zestimate®
    $343/sqft
    $-- HOA

    What's special

    Reinforced foundationFour spacious apartmentsTimeless brick exteriorFenced outdoor space
    Exceptional investment opportunity in the heart of Washington, DC! This renovated four-unit brick multifamily property is turnkey and income-producing from day one. Featuring four spacious apartments, all currently occupied, the building is ideal for investors seeking strong cash flow, owner-occupants looking to offset mortgage costs, or developers pursuing long-term appreciation in a rapidly transforming neighborhood. The property combines classic character with practical upgrades, including a timeless brick exterior and reinforced foundation engineered for future vertical expansion—offering significant value-add potential. A fenced outdoor space provides an added amenity for tenants, enhancing both livability and rental appeal. Offering approximately 2,841 square feet of finished living space on a 2,310-square-foot lot, this asset delivers flexibility, functionality, and future growth opportunities. All four units are occupied by satisfied tenants, providing immediate and stable rental income. Positioned less than one mile from the future new RFK Stadium redevelopment, this property is strategically located in an area poised for continued investment and appreciation. Residents enjoy convenient access to public transportation, shopping, dining, entertainment, and major commuter routes. Whether you are expanding your portfolio, house-hacking, or securing a long-term development opportunity, this is a rare chance to own a high-performing multifamily property in one of Washington, DC’s most resilient and evolving rental markets. Don’t miss this opportunity to acquire a cash-flowing asset with immediate income and substantial future upside!
    61 days
    |
    109
    |
    3
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Elly Martin 703-926-5777,

    Berkshire Hathaway HomeServices PenFed Realty,

    Co-Listing Agent: Courtney Totushek Brown 703-577-5963,

    Berkshire Hathaway HomeServices PenFed Realty

    Source: Bright MLS,MLS#: DCDC2258564MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      Basement
      • Area: 0
      Heating
      • Hot Water, Natural Gas
      Cooling
      • None, Electric
      Appliances
      • Included: Gas Water Heater
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 2,841
      • Total interior livable area: 2,841 sqft

      Property

      Parking
      • Parking features: On Street
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Pool features: None
      Lot
      • Size: 2,310 Square Feet
      • Features: Unknown Soil Type
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 4544//0169
      • Zoning: R4
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Traditional
      • Property subtype: Townhouse
      Materials
      • Brick
      • Foundation: Brick/Mortar
      Condition
      • New construction: No
      • Year built: 1931

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Washington

      Financial & listing details

      • Price per square foot: $343/sqft
      • Tax assessed value: $951,460
      • Annual tax amount: $7,998
      • Date on market: 5/7/2026
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Fee Simple

        Estimated market value

        Not available

        Estimated sales range

        Not available

        $6,220/mo

        Price history

        DateEventPrice
        5/7/2026Listed for sale$975,000+123.1%$343/sqft
        Source: Bright MLS #DCDC2258564 Report a problem
        3/24/2021Listing removed--
        Source: Owner Report a problem
        11/20/2019Listing removed$1,900$1/sqft
        Source: Owner Report a problem
        10/20/2019Listed for rent$1,900$1/sqft
        Source: Owner Report a problem
        3/17/2005Sold$437,000+38.7%$154/sqft
        Source: Public Record Report a problem
        5/18/2004Sold$315,000+63.6%$111/sqft
        Source: Public Record Report a problem
        9/12/2003Sold$192,500+34.6%$68/sqft
        Source: Public Record Report a problem
        8/19/2002Sold$143,000+14.4%$50/sqft
        Source: Public Record Report a problem
        6/26/2001Sold$125,000+4.2%$44/sqft
        Source: Public Record Report a problem
        6/26/1997Sold$120,000$42/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$7,998 +0.5%$940,940 +0.5%
        2024$7,958 +1.9%$936,210 +1.9%
        2023$7,806 +12.4%$918,320 +12.4%
        2022$6,944 +9.2%$816,920 +9.2%
        2021$6,361 +9.1%$748,380 +9.1%
        2020$5,830 +11.4%$685,900 +11.4%
        2018$5,235 +6.6%$615,830 +6.6%
        2017$4,912 +10.7%$577,920 +10.7%
        2016$4,439 +9.1%$522,250 +9.1%
        2015$4,067 +15.1%$478,470 +15.1%
        2014$3,535 +4.3%$415,870 +4.3%
        2013$3,388 -2%$398,560 -2%
        2012$3,455 $406,520
        2011$3,455 -2.6%$406,520 -2.6%
        2010$3,548 -2%$417,390 -2%
        2009$3,620 +19.7%$425,890 +23.9%
        2007$3,024 +42.8%$343,650 +49.3%
        2006$2,118 +6.4%$230,180 +11%
        2005$1,991 +40%$207,370 +40%
        2004$1,422 $148,120
        2003$1,422 +20%$148,120 +20%
        2002$1,185 -2.4%$123,436 +16.9%
        2001$1,214 $105,586

        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: Kingman Park

        Getting around

        84 / 100
        Very Walkable
        96 / 100
        Biker's Paradise

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: District Of Columbia Public Schools

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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