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1451 Maryland Avenue NEWashington, DC 20002

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$2,349,900

Smart Buyer Rebate $23,499

An exceptional turn-key, mixed-use investment opportunity in Northeast DC’s rapidly growing Starburst Intersection, just minutes from the newly approved $3.7 billion RFK Stadium redevelopment that will transform the area with a new stadium, retail, housing, and expansive green space. Situated on a prominent corner lot, this fully renovated 2021 asset offers stable, long-term income with minimal owner expenses, generating $156,935 in annual NOI. With meticulously maintained spaces, built-in rental escalations, and high-caliber tenants in place, this property presents a rare opportunity for investors seeking both immediate cash flow and long-term appreciation. Anchoring the ground floor is Daru, a Michelin Bib Gourmand-awarded Indian-Nepalese restaurant, celebrated for its innovative cuisine and strong local following. Daru is three years into a 10-year NNN lease at $10,114.93/month, with a 3.5% annual rent escalation (April 1st). The restaurant fully maintains its space, covers 61.5% of property taxes and insurance, and funds trash services. Recognizing their success, Daru expanded operations by adding a covered outdoor dining area last year and has recently opened a second location down the street. Above, the luxurious residential penthouse is leased at $4,088/month until 5/1/2026 (tenants are highly interested in renewing). Designed for modern urban living, this open-concept loft showcases wide plank white oak floors, a striking hexagonal sunroom, high-end JennAir appliances, spa-inspired baths, and two private outdoor terraces. The property underwent a comprehensive $1M modernization in 2021, including all new MEP systems, full basement excavation to accommodate a commercial kitchen, a top-floor penthouse addition, new windows, a reimagined storefront, enhanced entryways, and the creation of two rooftop decks. With both units paying their own utilities, minimal maintenance requirements, and a high-quality NNN tenant ensuring predictable income growth, this is a truly hands-off, low-risk investment in one of Washington, DC’s most dynamic and evolving neighborhoods.

Listed by Daniel M Heider

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License #SP98372854

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TTR Sotheby's International Realty

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2029383685

Last updated January 29, 2026

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Source: BrightMLS #DCDC2243332

Listing Facts

  • TypeMulti-family
  • NeighborhoodStanton Park
  • Taxes$29,963/year
  • Size4,400 sqft
  • Price per sqft$534

Location

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Property Details for 1451 Maryland Avenue NE

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 2
  • Property Condition: Excellent, Very Good
  • Stories Total: 4
  • Year Built: 1900
  • Architectural Style: Other
  • Construction Materials: Brick

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Size Acres: 0.02
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 1,057
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 6.68
  • Operating Expense: $13,500.00
  • Operating Expense Includes: Insurance

Taxes

  • Tax Annual Amount: $29,963.00
  • Tax Year: 2025

Interior

Measurements

  • Living Area: 4,400
  • Living Area Source: Estimated

Other

Features

  • Accessibility Features: 2+ Access Exits, Level Entry - Main

Location

  • Subdivision Name: OLD CITY #1

Parking

Parking

  • Garage: No
  • Parking Features: Public

Schools

High School

  • High School: DUNBAR SENIOR

Utilities

Equipment

  • Cooling: Central A/C
  • Heating: Forced Air
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

Frequently Asked Questions

How many bedrooms does this multi-family home have?

There is bedrooms in this multi-family home at 1451 Maryland Avenue NE.

What schools are nearby to 1451 Maryland Avenue NE?

Nearby schools include the DUNBAR SENIOR High School.

What are the annual taxes for 1451 Maryland Avenue NE?

Annual taxes for this multi-family home are estimated at $29,963.

How does 1451 Maryland Avenue NE compare to other multi-family homes in Stanton Park?

This multi-family home is listed 55% above the average price for multi-family homes in Stanton Park and has been on the market for 68 less days than the typical home in this area.

What is the square footage on this multi-family home?

According to the MLS, this listing is 4,400 sqft.

1451 Maryland Avenue NE is a -bedroom multi-family home for sale in WASHINGTON DC 20002. This home features 4,400 square feet of living space, located in Stanton Park. The median listing price for multi-family homes in this area is $774,948. Nearby schools include DUNBAR SENIOR High School. View other multi-family home listings in Washington.

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.