1451 Maryland Ave NE Washington, DC 20002
Atlas District NeighborhoodEstimated payment $15,503/month
Total Views
4,376
--
Bed
--
Bath
4,400
Sq Ft
$545
Price per Sq Ft
Highlights
- More Than Two Accessible Exits
- Forced Air Heating and Cooling System
- Property is in excellent condition
About This Home
An exceptional turn-key, mixed-use residential/commercial opportunity in Northeast DC’s rapidly growing Starburst Intersection. Situated on a prominent corner lot, this fully renovated property blends thoughtful design, quality tenants, and a high-visibility location—offering an ideal long-term hold in one of the city’s most dynamic neighborhoods.
Anchoring the ground floor is Daru, a Michelin Bib Gourmand-awarded Indian-Nepalese restaurant known for its acclaimed cuisine and strong local following. The tenant maintains the space to a high standard and recently expanded operations with a covered outdoor dining area to accommodate increasing demand. Daru has also opened a second location nearby, reflecting their continued growth and success.
Above, the luxurious residential penthouse offers a stylish and spacious open-concept layout, featuring wide plank white oak floors, a dramatic hexagonal sunroom, high-end JennAir appliances, spa-inspired bathrooms, and two private outdoor terraces. The current tenants have expressed interest in renewing their lease, offering continued stability for the residential portion.
The building underwent a comprehensive $1M renovation in 2021, including all new mechanical, electrical, and plumbing systems, a full basement excavation for a commercial kitchen, a top-floor addition for the penthouse, new windows, a reimagined storefront, enhanced entryways, and the addition of two rooftop decks. With both units independently metered and self-maintained, this is a rare, low-maintenance offering in a rapidly evolving corridor of Washington, DC.
Listing Agent
TTR Sotheby's International Realty License #681976 Listed on: 05/08/2025
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $26,516
Year Built
- Built in 1900 | Remodeled in 2021
Lot Details
- 1,057 Sq Ft Lot
- Property is in excellent condition
Home Design
- Brick Exterior Construction
Parking
- Public Parking
- On-Street Parking
Accessible Home Design
- More Than Two Accessible Exits
- Level Entry For Accessibility
Schools
- Dunbar Senior High School
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 14
- Assessor Parcel Number 1050//0014
Community Details
Overview
- 2 Units
- 4-Story Building
- Old City #1 Subdivision
Building Details
- Income includes apartment rentals, shop rentals
- Insurance Expense $1,800
- Maintenance Expense $1,500
- Other Expense $10,208
- Operating Expense $13,500
- Gross Income $165,100
- Net Operating Income $151,600
Map
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Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $26,516 | $2,222,880 | $304,100 | $1,918,780 |
| 2023 | $23,711 | $1,959,570 | $298,140 | $1,661,430 |
| 2022 | $23,040 | $1,904,110 | $298,140 | $1,605,970 |
| 2021 | $15,530 | $941,210 | $298,140 | $643,070 |
| 2020 | $31,070 | $934,430 | $271,030 | $663,400 |
| 2019 | $13,819 | $837,490 | $246,390 | $591,100 |
| 2018 | $12,515 | $758,510 | $0 | $0 |
| 2017 | $6,935 | $420,320 | $0 | $0 |
| 2016 | $6,428 | $389,550 | $0 | $0 |
| 2015 | $6,452 | $391,010 | $0 | $0 |
| 2014 | $6,482 | $392,870 | $0 | $0 |
Source: Public Records
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 05/08/2025 05/08/25 | For Sale | $2,400,000 | 0.0% | $1,200 / Sq Ft |
| 10/08/2024 10/08/24 | Off Market | $4,450 | -- | -- |
| 01/01/2024 01/01/24 | For Rent | $4,450 | -- | -- |
Source: Bright MLS
Purchase History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $1,100,000 | Evergreen Settlement Company | |
| Warranty Deed | $350,000 | -- | |
| Deed | $160,000 | -- |
Source: Public Records
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,350,000 | New Conventional | |
| Closed | $802,500 | Future Advance Clause Open End Mortgage | |
| Previous Owner | $170,000 | Commercial |
Source: Public Records
Similar Homes in Washington, DC
Source: Bright MLS
MLS Number: DCDC2199300
APN: 1050-0014
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