1510 R NW, WASHINGTON, DC 20009

$1,295,000

Offers due on Monday December 8, 2025 at 12 noon. Exceptional Investment Opportunity This Washington, DC gem is a standout for investors seeking reliable returns in one of the city's most coveted neighborhoods. With a projected cap rate of up to 5.44%, the property has consistently generated rental income across… Read More two units, delivering predictable cash flow and long-term value appreciation. (EGI-Based Investment Proforma in MLS Documents) Centrally positioned between the lively Dupont Circle and Logan Circle neighborhoods, this home is just steps from an exciting mix of award-winning restaurants, boutique shopping, cultural attractions, and vibrant nightlife. The prime location ensures high tenant appeal, supporting strong rental demand and sustained occupancy. Commuters will appreciate the proximity to Washington, DC's metro system: Dupont Circle Metro (Red Line) is just a few blocks away, providing quick access to downtown and beyond, while Farragut North (Red Line) and Farragut West (Blue/Orange/Silver Lines) are also nearby, connecting residents across the city and the greater metro area. The upper two-level unit features 3 bedrooms and 2.5 baths, while the lower level offers a 1-bedroom, 1-bath apartment, both freshly painted in a soft gray perfect for any de9;cor. Bright white trim (updated in 2025) highlights the beautiful crown molding that speaks to the home's charm. Sunlight streams through large windows, illuminating the oak hardwood floors throughout. Outdoor living options abound with a fenced back patio, deck, and balcony. Both units include front-loading washers and dryers, and additional modern updates further enhance comfort and functionality (see full upgrade list in MLS Documents). While utilities are not separately metered, the well-laid-out units maximize revenue potential and appeal to tenants. Whether expanding an existing portfolio or adding a new income-generating asset in a competitive DC market, this property represents a strategic investment with both immediate cash flow and long-term appreciation potential. Combining solid financial performance with a highly sought-after location, this property is a rare opportunity for investors who want both stability and growth in the dynamic Washington, DC real estate market. Note: Kitchen and bathroom renovations will increase the appeal of the rental units to tenants. Estimated Gross Income (EGI) projections assume modernization of kitchens and bathrooms. Read Less

Courtesy of Marybeth G Fraser, KW Metro Center 703-224-6000

Listing Snapshot

Days Online

Last Updated

Dec 28, 2025

Property Type

Townhouse

Square Ft.

2,324

Lot Size

0.04 Acres

Year Built

1875

MLS Number

DCDC2233030

Additional Details

Property Access

Road Responsibility: City/County, Road Surface: Black Top

Appliances & Equipment

Dishwasher, Disposal, Dryer, Oven/Range - Gas, Refrigerator, Washer, Built-In Range, Microwave, Water Heater

Building

Built in 1875, Living area: 2324, Construction Materials: Brick

Cooling

Central A/C

Accessibility Features

None

Exterior Features

Patio/Porch Features: Deck(s), Patio(s), Balcony, Sidewalks, Exterior Lighting, Gutter System, Street Lights

Fireplaces

2 fireplaces

Floors

Ceramic Tile, Hardwood

Foundation

Block

Heating

Radiator

Income

Apartment Rentals

Interior Features

Dining Area, 2nd Kitchen, Bathroom - Jetted Tub, Bathroom - Soaking Tub, Bathroom - Stall Shower, Bathroom - Tub Shower, Built-Ins, Combination Dining/Living, Crown Moldings, Floor Plan - Traditional, Recessed Lighting, Stain/Lead Glass, Wood Floors

Lot

0.04 acres

Owner Pays

Accounting/Legal, Advertising/Licenses and Permits, Common Area Maintenance, Insurance, Management, Pest Control, Taxes - Real Estate

Parking

Concrete Driveway, Private

Property

Good, Other structures: Above Grade, Below Grade

Security Features

Security Gate, Main Entrance Lock, Smoke Detector, Window Grills

Sewer

Public Septic, Public Sewer

Taxes

Annual Amount: $11,778, Year: 2025, Zoning: RA8, Zoning description: Multi-family

Utilities

Cable TV Available, Electric Available, Natural Gas Available, Sewer Available, Water Available, Water Source: Public

Windows

Double Hung, Replacement

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