USADCWashingtonColumbia Heights1500 Columbia Rd Nw

1500 Columbia Rd Nw, WASHINGTON, DC

Name: 1500 Columbia Rd Nw, For Sale in WASHINGTON - eXp Realty
Brand: Marcus &amp; Millichap Real Estate
SKU: DCDC2244846
Price: 2250000 USD

Real Estate

For Sale

Listed price in listed location currency (USD).

$2,250,000

000

MLS® DCDC2244846

Key Facts
Description
Map

Key Facts

Type Quadruplex

Levels Residential Income

Size 2909 sqft

Garage No

Taxes $9,583

Days Active 0

Lot Size 0.04 acres

Approx. Age 1900

Avg. Price Per Sqft $773

MLS® Number DCDC2244846

Property Address: 1500 Columbia Rd Nw, WASHINGTON, DC, 20009-4200

Average square foot calculated using Size range provided by listing agent.

Description

Marcus & Millichap is pleased to exclusively present Shaw Duo, a portfolio sale of two fully renovated four-unit apartment buildings located at 1500 Columbia Road NW (4 -3BR/2 BA) and 543 Florida Avenue NW (4 -2 BR/1 BA) in the highly desirable Columbia Heights / Shaw submarket of Northwest Washington, D.C. The offering represents a rare opportunity to acquire two renovated, multifamily assets with strong in-place cash flow, multiple exit strategies, and long-term appreciation upside in one of the District’s most resilient rental markets. The portfolio consists of eight total units across two separately metered buildings, offering buyers flexibility to acquire individually or as a combined investment. Both assets have undergone substantial renovations, including modernized interiors and upgraded building systems, reducing near-term capital expenditure risk and providing immediate operational stability. From a financial standpoint, the properties deliver attractive going-in cap rates ranging from approximately 6.99% to 7.39%, with NOI of approximately $271, 000 combined, and strong Debt Coverage Ratios (1.30x–1.38x). Shaw Duo offers strong in-place income, and market-supported rent growth in a low vacancy submarket. These four-unit buildings also present an exceptional opportunity for owner-occupants seeking to offset housing costs through rental income. FHA financing is available for qualified buyers, significantly expanding the buyer pool. In high-cost markets such as Washington, D.C., the 2026 FHA loan limit for a four-unit property is approximately $2.4 million, allowing buyers to acquire these assets with low down payment requirements while benefiting from market-rate rents. With close proximity to Howard University, this opportunity is also well-suited for parents purchasing housing for a student while renting the remaining units to fellowstudents or young professionals. This strategy enables parents to convert housing expenses into a long-term investment, offset ownership costs through rental income, and retain a highly marketable asset upon graduation. The unit layouts, neighborhood amenities, and transit access align well with student and early-career renter demand, making this a compelling alternative to traditional student housing or condominium ownership. Columbia Heights remains one of Washington, D.C.’s most transit-oriented, and demographically diverse submarkets. Anchored by the Columbia Heights Metro Station (Green/Yellow Lines) and the 14th Street NW commercial corridor, the neighborhood benefits from exceptional walkability, dense retail amenities, and proximity to maj

MLS® NumberDCDC2244846

Laundry Level

Central VacNo

FireplaceNo

Acreage0.04

Exterior

GarageNo

Approx. Age1900

BasementFull

DrivewayOn Street

Garage Spaces

Heat

A/C

Heating Fuel

Extras

None

Price History

-End Date

Not Sold YetSold Price

For Sale

Feb 6, 2026List Date

$2,250,000List Price

Commute

Commute

Starting Address

Destination Address

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

I want to view this property

By checking this box, and clicking "Take a Tour", I am confirming that I have read and agree to Zoocasa's Data Processing & Privacy Policy, and to Zoocasa's Terms of Use.

By checking this box, and clicking "Take a Tour", I am electronically signing and consenting to receive marketing communications (about real estate brokerage services and one or more properties that I may buy, sell, or rent), that may be delivered to me via email, telephone and/or text messaging (using "automated technology" such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from Zoocasa, eXp Realty® and its independent contractor real estate agents, and/or its or their affiliates, using the contact information I provided. Consent is not a condition of purchase. I may opt-out at any time by emailing [email protected] or calling 1-844-683-4664.

Similar Listings

Comparable Properties

Explore eXp Find an Agent Join eXp Investor Relations Company Careers Home Guides

eXp Life Zoocasa SUCCESS eXp Revenos eXp Commercial eXp Luxury eXp Land and Ranch

Terms and Conditions Privacy Rights Request Privacy Policy Cookie Policy Brand Guidelines Help Sitemap

2219 Rimland Drive, Suite 301, Bellingham, Washington, 98226

1 833-303-0610

[email protected]

eXp REALTY

DMCA Notice

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

Fair Housing and Reasonable Accommodations

MLS Compliance Statements

Karen Richards – Designated Managing Broker, Broker Operations – TX

Texas Real Estate Commission information about brokerage services

Texas Real Estate Commission Consumer Protection Notice

eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations. The Fair Housing Notice →

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H. Learn More →

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny – Designated Broker

eXp Realty of Southern California, Inc. | CA DRE# 02187306 | Gina Saad – Designated Broker

eXp Realty of Greater Los Angeles, Inc. | CA DRE# 01828532 | Justin DeCesare – Designated Broker

eXp Realty of Northern California, Inc. | CA DRE# 01951343 | Ryan Rosas – Designated Broker