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1823 Kalorama Rd NW 5 Unit Apartment Building $3,950,000 ($790,000/Unit) Washington, DC 20009

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INVESTMENT HIGHLIGHTS

  • Fully Renovated Luxury Units
  • Diverse, Income-Producing Layout
  • Rare Surface Parking
  • Prime Kalorama Location
  • Fully Leased + TOPA Compliant

EXECUTIVE SUMMARY

Welcome to 1823 Kalorama Rd NW, a luxury 5-unit condominium in the heart of Washington, D.C.’s prestigious Kalorama neighborhood. This historic property has been masterfully restored, offering a seamless blend of timeless architecture and refined modern living. Fully leased and TOPA-compliant, it presents a rare and immediate investment opportunity in one of the city’s most coveted enclaves.
The building features five thoughtfully designed residences across four levels. The lower level includes two 1-bedroom, 1-bathroom units, ideal for maximizing rental income or accommodating long-term tenants. The main level offers a spacious 2-bedroom, 2-bathroom home with a gracious layout and private outdoor space. The second level mirrors this with another expansive 2-bedroom, 2-bathroom residence. Spanning the third and fourth floors is the crown jewel of the building—a two-level penthouse featuring two bedrooms, two full bathrooms, a powder room, and luxurious indoor-outdoor living.
Each unit has been outfitted with high-end finishes including Viking stoves, commercial-grade refrigerators, marble countertops, custom cabinetry, and in-unit washers and dryers for added convenience. Spa-inspired bathrooms offer soaking tubs, rainfall showers, and designer fixtures, while large windows and soaring ceilings fill the homes with natural light. Private terraces in select units provide an ideal setting for entertaining or quiet relaxation.
The building retains its historic façade and architectural charm, while seamlessly integrating the amenities and finishes expected in modern urban residences. Four on-site surface parking spaces provide rare convenience for tenants or future condo resale.
Located just minutes from Dupont Circle, downtown D.C., and Embassy Row, 1823 Kalorama Rd NW offers exceptional access to culture, dining, and city life. Whether you’re looking to expand your portfolio with a premium asset or acquire a piece of Washington’s history, this fully leased, turnkey property is a rare opportunity in an unbeatable location.
All Units are tenant occupied. We require 24 hour notice to notify tenants of showing, and Monday-Friday 11 AM - 1 PM is the preferred showing time we can accommodate.

DATA ROOM Click Here to Access

PROPERTY FACTS

Price $3,950,000
Price Per Unit $790,000
Sale Type Investment
No. Units 5
Property Type Multifamily
Property Subtype Apartment
Building Class B
Lot Size 0.05 AC
Building Size 4,000 SF
Average Occupancy 100%
No. Stories 4
Year Built/Renovated 1900/2016
Parking Ratio 1/1,000 SF
Zoning RA-2 - provides for areas developed with predominantly moderate-density apartments.

UNIT MIX INFORMATION

DESCRIPTION NO. UNITS AVG. RENT/MO SF
1+1 2 - -
2+2 2 - -
2+2.5 1 - -
Walk Score®
Walker's Paradise (97)
Transit Score®
Excellent Transit (79)
Bike Score®
Biker's Paradise (90)
What is a Walk Score®, Transit Score® & Bike Score®?
Walk Score® measures the walkability of any address.
Transit Score® measures access to public transit.
Bike Score® measures bikeability of a location.
What is a Walk Score®
, Transit Score® & Bike Score?
Walk Score® measures the walkability
of any address. Transit Score®
measures access to public transit. Bike Score®
measures bikeability of a location.®

PROPERTY TAXES

PROPERTY TAXES

Parcel Number
2552-0030
Land Assessment
$738,650
Improvements Assessment
$1,237,870
Total Assessment
$1,976,520
  • Listing ID: 36216028

  • Date on Market: 6/11/2025

  • Last Updated:

  • Address: 1823 Kalorama Rd NW, Washington, DC 20009

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