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!
Listed by Elizabeth Jane Martin
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License #SP98379614
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Berkshire Hathaway HomeServices PenFed Realty
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7039265777
Last updated May 07, 2026
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Source: BrightMLS #DCDC2258564
Listing Facts
TypeMulti-family
NeighborhoodKingman Park
Days on Prevu40
Taxes$7,998/year
Size2,841 sqft
Price per sqft$343
Location
Mortgage Calculator
Listing History
05/07/2026
Listed by Berkshire Hathaway HomeServices PenFed Realty
$975,000
Property Details for 1518 Isherwood Street NE
Exterior
Construction
New Construction: No
Number Of Units Total: 4
Year Built: 1931
Architectural Style: Traditional
Construction Materials: Brick
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Size Acres: 0.05
Lot Size Source: Assessor
Lot Size Square Feet: 2,310
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $7,998.00
Tax Year: 2025
Interior
Features
Fireplace: No
Measurements
Living Area: 2,841
Living Area Source: Assessor
Other
Location
Tax Lot: 169
Parking
Parking
Garage: No
Utilities
Equipment
Heating: Hot Water
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 1518 Isherwood Street NE.
What are the annual taxes for 1518 Isherwood Street NE?
Annual taxes for this multi-family home are estimated at $7,998.
How does 1518 Isherwood Street NE compare to other multi-family homes in Kingman Park?
This multi-family home is listed 10% above the average price for multi-family homes in Kingman Park and has been on the market for 46 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 2,841 sqft.
1518 Isherwood Street NE is a -bedroom multi-family home for sale in WASHINGTON DC 20002. On Prevu for 40 days at $975,000. This home features 2,841 square feet of living space, located in Kingman Park. The median listing price for multi-family homes in this area is $642,250. Explore more multi-family home listings in Washington.
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