# 1518 ISHERWOOD Street NE, Washington, DC 20002

> **TL;DR:** residential multi family, $975,000 ($343/sqft), built 1931, 2,841 sqft. Est. $4,225/mo. Listed 25 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $975,000 |
| Price/sqft | $343 |
| Square Feet | 2,841 |
| Year Built | 1931 |
| Lot Size | 2,309 sqft (0.05 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 25 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $4,225 |
| **Total** | **$4,225** |

## Property Highlights

- Built in 1931
- 0.05 acre lot

## Description

### Agent Description
Exceptional investment opportunity in the heart of Washington, DC! This renovated four-unit brick multifamily property is turnkey and income-producing from day one. Featuring four spacious apartments, all currently occupied, the building is ideal for investors seeking strong cash flow, owner-occupants looking to offset mortgage costs, or developers pursuing long-term appreciation in a rapidly transforming neighborhood. The property combines classic character with practical upgrades, including a timeless brick exterior and reinforced foundation engineered for future vertical expansion-offering significant value-add potential. A fenced outdoor space provides an added amenity for tenants, enhancing both livability and rental appeal. Offering approximately 2,841 square feet of finished living space on a 2,310-square-foot lot, this asset delivers flexibility, functionality, and future growth opportunities. All four units are occupied by satisfied tenants, providing immediate and stable rental income. Positioned less than one mile from the future new RFK Stadium redevelopment, this property is strategically located in an area poised for continued investment and appreciation. Residents enjoy convenient access to public transportation, shopping, dining, entertainment, and major commuter routes. Whether you are expanding your portfolio, house-hacking, or securing a long-term development opportunity, this is a rare chance to own a high-performing multifamily property in one of Washington, DC's most resilient and evolving rental markets. Don't miss this opportunity to acquire a cash-flowing asset with immediate income and substantial future upside!

## Location

- **Address:** 1518 ISHERWOOD Street NE, Washington, DC 20002
- **County:** WASHINGTON
- **Coordinates:** 38.89564, -76.98279
- **Google Maps:** https://www.google.com/maps?q=38.89564,-76.98279

## Listing Agent

- **Name:** Elizabeth Jane Martin
- **Brokerage:** Berkshire Hathaway HomeServices PenFed Realty
- **Phone:** 7039265777
- **Email:** agents@locallivingteam.com

## Primary Photo

![1518 ISHERWOOD Street NE - Primary Photo](http://lh.rdcpix.com/b53deeb61bdb36647f25f203eaa961f7l-f4229664401r.jpg)

*45 total photos available on [listing page](https://www.propertysimple.com/listing/1518-isherwood-street-ne-washington-dc-20002-c2258564)*

---

**MLS#:** DCDC2258564 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1518-isherwood-street-ne-washington-dc-20002-c2258564)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "1518 ISHERWOOD Street NE, Washington, DC 20002",
  "description": "Exceptional investment opportunity in the heart of Washington, DC! This renovated four-unit brick multifamily property is turnkey and income-producing from day one. Featuring four spacious apartments, all currently occupied, the building is ideal for investors seeking strong cash flow, owner-occupants looking to offset mortgage costs, or developers pursuing long-term appreciation in a rapidly transforming neighborhood. The property combines classic character with practical upgrades, including a ",
  "url": "https://www.propertysimple.com/listing/1518-isherwood-street-ne-washington-dc-20002-c2258564",
  "image": "http://lh.rdcpix.com/b53deeb61bdb36647f25f203eaa961f7l-f4229664401r.jpg",
  "datePosted": "2026-06-17",
  "price": 975000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "1518 ISHERWOOD Street NE",
    "addressLocality": "Washington",
    "addressRegion": "DC",
    "postalCode": "20002",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 38.89564,
    "longitude": -76.98279
  },
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 2841,
    "unitCode": "FTK"
  },
  "yearBuilt": 1931
}
```