KLNB Capital Markets is pleased to present 1829 Phelps Place NW, a 5-unit boutique multifamily asset in the Kalorama / Adams Morgan enclave—one of DC’s most supply-constrained and desirable residential corridors. Located just off Connecticut Avenue, the property offers walkable access to Dupont Circle, Adams Morgan, Woodley Park, and Embassy Row. The four-story historic building features five oversized units, including a ~2,000 SF three-bedroom with a private backyard—an exceptionally rare offering in Kalorama. With four of five units vacant, investors can immediately execute a full renovation and repositioning strategy, creating a clear basis reset opportunity in a high-demand, low-supply submarket. For more information Reach out to DSeitz@klnb.com