Live in the heart of the U Street corridor while your property works for you. 1927 15th St NW is a rare three-unit opportunity offering immediate rental income, a vacant upper-level residence ready for move-in, and nearly $100,000 in potential annual gross revenue once fully leased. Whether you’re seeking a strategic investment or a lifestyle-forward home with built-in income, this property delivers both. The upper-level residence (Apt 2) is a bright and inviting one-bedroom home that is currently vacant—ideal for immediate occupancy or future rental. Below, two well-maintained two-bedroom residences provide income stability. Apt 1 is leased through July 31, 2026 at $3,375 per month (including parking), and Apt G is leased through May 31, 2027 at $2,424 per month, generating $5,799 per month ($69,588 annually) in secured income. Each unit is separately metered for electricity and features in-unit washer/dryer. The property benefits from a current Certificate of Occupancy (July 2024) and a valuable rent-control exemption, providing long-term operational flexibility. Since 2020, meaningful improvements have enhanced both longevity and livability, including full brick façade repointing with gable reconstruction, slate roof stabilization, updated HVAC systems (Apts 1 & G), refreshed kitchens and finishes, and exterior stair upgrades. Two secured off-street parking spaces with protected garage access offer rare convenience in this highly walkable, amenity-rich location near Metro, dining, and retail. A unique opportunity to live well, invest wisely, and own in one of DC’s most dynamic neighborhoods.
Listed By
Agency Name: Compass
Agency Phone: 2023866330
Shown By
Agent Name: The Ferguson Group
Agent Phone: (240) 731-8935
Agency Title: Berkshire Hathaway HomeServices Homesale Realty
Estimated Payment
$ 5,643.46 per month $4,117.30 Principal & Interest $986.58 Property Tax $539.58 Homeowner's Insurance
1927 15th Street Nw | MLS# DCDC2248664
This townhouse located at 1927 15th Street Nw, Washington, DC 20009 is currently listed for sale with an asking price of $1,850,000. This property was built in 1908 and has 5 bedrooms and 3 full baths with 3105 sq. ft. 15th Street Nw is located in the U STREET CORRIDOR subdivision within the DISTRICT OF COLUMBIA PUBLIC SCHOOLS school district. Search U STREET CORRIDOR real estate on www.thefergusongroup.co today.