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!
For sale
$975,000
1518 Isherwood St NE, Washington, DC 20002
6beds
--baths
2,841sqft
Townhouse
Built in 1931
-- sqft lot
$-- Zestimate®
$343/sqft
$-- HOA
What's special
Reinforced foundationFour spacious apartmentsTimeless brick exteriorFenced outdoor space
- 180 days
- 92
- 5
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#: DCDC2258564
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
$6,205/mo
Price history
| Date | Event | Price |
|---|---|---|
| 5/7/2026 | Listed for sale | $975,000+123.1%$343/sqft |
Source: | ||
| 3/24/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 11/20/2019 | Listing removed | $1,900$1/sqft |
Source: Owner Report a problem | ||
| 10/20/2019 | Listed for rent | $1,900$1/sqft |
Source: Owner Report a problem | ||
| 3/17/2005 | Sold | $437,000+38.7%$154/sqft |
Source: Public Record Report a problem | ||
| 5/18/2004 | Sold | $315,000+63.6%$111/sqft |
Source: Public Record Report a problem | ||
| 9/12/2003 | Sold | $192,500+34.6%$68/sqft |
Source: Public Record Report a problem | ||
| 8/19/2002 | Sold | $143,000+14.4%$50/sqft |
Source: Public Record Report a problem | ||
| 6/26/2001 | Sold | $125,000+4.2%$44/sqft |
Source: Public Record Report a problem | ||
| 6/26/1997 | Sold | $120,000$42/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $8,087 +1.1% | $951,460 +1.1% |
| 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
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Neighborhood: Kingman Park
Nearby schools
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.





