1510 R St NW Washington, DC 20009
Dupont Circle NeighborhoodEstimated payment $7,773/month
Highlights
- Hot Property
- Second Kitchen
- Traditional Floor Plan
- Ross Elementary School Rated A
- Deck
- 4-minute walk to Stead Park
About This Home
Offers due on Monday December 8, 2025 at 12 noon. Exceptional Investment Opportunity
This Washington, DC gem is a standout for investors seeking reliable returns in one of the city’s 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, DC’s 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 décor. Bright white trim (updated in 2025) highlights the beautiful crown molding that speaks to the home’s 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.
Listing Agent
(703) 798-1803 marybeth@magnificentmanors.com KW Metro Center License #00225205489 Listed on: 12/04/2025
Co-Listing Agent
(202) 674-3746 kim@magnificentmanors.com KW Metro Center License #SP200203989
Open House Schedule
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Sunday, December 14, 20251:00 to 3:00 pm12/14/2025 1:00:00 PM +00:0012/14/2025 3:00:00 PM +00:00Add to Calendar
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Sunday, December 21, 20251:00 to 3:00 pm12/21/2025 1:00:00 PM +00:0012/21/2025 3:00:00 PM +00:00Add to Calendar
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $11,778
Year Built
- Built in 1875
Lot Details
- 1,742 Sq Ft Lot
- Property is in good condition
Home Design
- Victorian Architecture
- Brick Exterior Construction
- Block Foundation
- Plaster Walls
Interior Spaces
- Traditional Floor Plan
- Built-In Features
- Crown Molding
- Recessed Lighting
- 2 Fireplaces
- Replacement Windows
- Double Hung Windows
- Stained Glass
- Combination Dining and Living Room
Kitchen
- Second Kitchen
- Gas Oven or Range
- Built-In Range
- Microwave
- Dishwasher
- Disposal
Flooring
- Wood
- Ceramic Tile
Bedrooms and Bathrooms
- Hydromassage or Jetted Bathtub
- Bathtub with Shower
- Walk-in Shower
Laundry
- Dryer
- Washer
Home Security
- Window Bars
- Security Gate
- Fire and Smoke Detector
Parking
- 2 Parking Spaces
- 2 Off-Street Spaces
- Private Parking
Outdoor Features
- Balcony
- Deck
- Patio
- Exterior Lighting
- Rain Gutters
Schools
- Ross Elementary School
- Francis - Stevens Middle School
- Cardozo Education Campus High School
Utilities
- Central Air
- Radiator
- Natural Gas Water Heater
- Municipal Trash
- Public Septic
- Cable TV Available
Listing and Financial Details
- Assessor Parcel Number 0193/0108
Community Details
Overview
- 2 Units
- Logan Circle Subdivision
Building Details
- 2 Vacant Units
- Income includes apartment rentals
Map
Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 12/04/2025 12/04/25 | For Sale | $1,295,000 | 0.0% | $557 / Sq Ft |
| 08/16/2017 08/16/17 | Rented | $4,950 | 0.0% | -- |
| 08/15/2017 08/15/17 | Under Contract | -- | -- | -- |
| 08/07/2017 08/07/17 | For Rent | $4,950 | -- | -- |
Source: Bright MLS
MLS Number: DCDC2233030
APN: 0193 0108
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