1674 Irving St NW - Apartments FOR SALE


Washington, DC 20010- Mount Pleasant
$1,650,000 USD
202-669-4656
1674 Irving St NW, Washington, DC for Sale
$1,650,000 USD
Apartments - FOR SALE
1/13
null | 4.96% Cap Rate

1674 Irving St NW
Washington, DC 20010
Mount Pleasant


HIGHLIGHTS

  • Fully occupied six-unit multi-family building with a Certificate of Occupancy and all required rental licenses.
  • Renovated one-bedroom units with modernized kitchens, baths, and authentic architectural elements that attract and retain long-term tenants.
  • Located near Metro, acclaimed restaurants, boutiques, and outdoor recreation along Rock Creek Park.
  • Designed under the historic craftsmanship of Harry Wardman and Albert H. Beers, enhancing the property’s legacy and investment value.
  • Professionally managed and delivering reliable cash flow with immediate income stability.

OVERVIEW

Secure a high-demand, fully occupied six-unit multi-family building in one of Washington, DC’s most desirable and resilient rental neighborhoods. Fully licensed and professionally operated, the owner has all required rental licenses and a Certificate of Occupancy for a six-unit building. With many years of consistent cash flow, this is a rare opportunity to acquire a proven, turnkey asset with long-term upside. Offered at an estimated 5.45% cap rate for a self-managed owner, or 4.96% cap rate with professional management that's already in place. This is an ideal opportunity for buyers seeking stable income today with long-term appreciation potential in a high-demand location. The building is turnkey and well maintained, making it a strong fit for investors looking for a reliable, low-friction acquisition. Each one-bedroom unit is thoughtfully updated, and many feature gleaming wood floors, renovated kitchens and baths, soaring ceilings, and abundant natural light. Front-facing units offer charming bay windows, while rear units include private decks, adding lifestyle appeal that supports long-term occupancy and rental performance. Additional value comes from a one-car detached garage and a fully fenced backyard, features that enhance marketability and provide future upside. With close proximity to Metro access, popular shops, top-rated restaurants, and the scenic trails of Rock Creek Park, the location continues to attract quality tenants year after year. A rare historic asset, this building reflects the legacy of Harry Wardman and Albert H. Beers, a pedigree that enhances both the property’s long-term value and enduring market appeal. Wardman helped shape early-20th-century Washington by transforming open land into some of the city’s most desirable residential neighborhoods, while Beers, Wardman’s chief architect, produced prolific designs that defined the classic DC rowhouse and apartment-house look. Together, they didn’t just create housing, they set a lasting standard for beauty, livability, and neighborhood character, making a surviving building from their partnership a unique opportunity to own a piece of Washington’s most iconic era of growth. Private showings by appointment only, no open houses. Full financials, licenses, and additional details available upon request.

FOR SALE DETAILS

PRICE

$1,650,000 USD

PRICE/SF

$379 USD /SF

# OF UNITS

6

PRICE/UNIT

$275,000

CAP RATE

4.96%

% LEASED

100%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1905

PARKING SPACES

1

LAND DETAILS

LAND ACRES

0.07 AC

LAND SF

3,049 SF

ZONING

RF-1

APN/PARCEL ID

2591-0194

ASK ABOUT THIS PROPERTY

Joe HimaliRLAH Real EstateMore Info
202-669-4656

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Joe HimaliRLAH Real EstateMore Info
202-669-4656

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.