1510 R NW

WASHINGTON, DC20009

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 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 décor. 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.

Listing courtesy of KW Metro Center



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.