370 ft
Distance
Exceptional Investment OpportunityThis Washington, DC gem is a standout for investors seeking reliable returns in one of the citys 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, DCs 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 dcor. Bright white trim (updated in 2025) highlights the beautiful crown molding that speaks to the homes 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.
Source: School Digger
Source: Public Records
Source: Sperling's Best Places
99/100
Walk Score ®
88/100
Transit Score ®
97/100
Bike Score ®
63 nearby routes: 61 bus, 2 rail, 0 other
The average walkability score in the surrounding area is Walk Score: 70/100, Transit Score: 70/100, Bike Score: 70/100.
Source: Realty.com
1510 R NW, WASHINGTON, DC 20009 is a Townhouse, Residential Income property listed for $1,295,000 The property is 2324 sq. ft with 4 bedrooms and 0 bathrooms
Realty.com has 114 photos of 1510 R NW.
Our records indicate that 1510 R NW was built in 1875.
The full address for this home is 1510 R NW, WASHINGTON, DC 20009.
1510 R NW has been listed on Realty.com since Thu December 04, 2025
Daily errands do not require a car. Transit is convenient for most trips. Daily errands can be accomplished on a bike.
The average walkability score in the surrounding area is Walk Score: 70/100, Transit Score: 70/100, Bike Score: 70/100.
There are 3 schools assigned to this home. Check out the schools near 1510 R NW. Thaddeus Stevens Early Learning Center (Grades: PK - PK), Hardy Middle School (Grades: 6 - 8), School Without Walls High School (Grades: 9 - 12)
Listing provided courtesy of:
Kw Metro Center
(tel: 703-224-6000)
Listing agent:
Marybeth G Fraser
(tel: 703-798-1803)
(#3046339)
This content last refreshed on 2025-12-05 20:46:04. Some properties which appear for sale on this web site may subsequently have sold or may no longer be available.
Export listing data of 1510 R NW, WASHINGTON, DC 20009 : MLS# DCDC2233030