Listed by BPG Holdings
$2,100,000
1512 10TH ST NW
Details
APN 0337//2029
Property Type Multifamily
Sub Type Apartment Building
Square Footage 4,500
Units 4
Cap Rate 3.95%
NOI $82,875
Occupancy 100%
Tenancy Multi
Rent Bumps No
Price per SqFt $467
Class B
Year Built 1916
Stories 2
Lot Size (SqFt) 3,023
Zoning RF1
Parking Spaces 4 spaces
Parking Per SqFt 0.89
Investment Type Stabilized
Multifamily | 3.95% CAP | 4 Units
Marketing description
Located in the heart of Shaw and Logan Circle, 1512 10th St NW sits in one of Washington DC's most sought-after and rapidly appreciating urban neighborhoods. The area is defined by historic rowhouses, a thriving restaurant scene, and walkability scores that routinely rank among the highest in the city. Tenants benefit from immediate access to two Metro lines, world-class dining and nightlife, and a short commute to Downtown, Capitol Hill, and NoMa.
Investment highlights
- Prime Shaw / Logan Circle location — DC's highest-demand rental submarket
- 100% occupied with in-place income from day one
- Strong rent roll: $10,625/month projected gross income
- Rent Roll Upside: $11,200/month
- Each unit features private outdoor space with new TREX rear deck
- Rare 4-car tandem garage — a significant premium in this location
- Secure entry system for all tenants
- Steps to Metro, dining, nightlife, and downtown DC
- Proximity to Howard University, and major employers
- Minimal deferred maintenance — stabilized, turn-key asset
- Ideal for house-hack, 1031 exchange, or portfolio acquisition
- Tax assessment trending up consistently since 2015 (+125% since 2015)
- RF1 zoning supports continued residential use
Listing Contacts
Listed by BPG Holdings
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Loan Amount
$0.00
Annual Debt Service
$--
$--
Annual Cash Flow
$82,875.00
$6,906.25/mo
Valuation Metrics
0
DSCR
3.95%
Cap Rate
3.95%
ROI
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