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Executive Summary

Charming 5 level mixed use building in the heart of Adams Morgan. Fully gutted and renovated in 2007 including the addition of a 4th floor and habilitation of the basement. Three spacious 2-bedroom units (approx 900 sf each), with retail on street level including improved walk out basement currently used as retail. Will be sold fully leased. Two parking spaces convey in rear of building. Financials/rent roll can be provided. Great for 1031 exchange.

Property Facts

Price $2,775,000
Price Per Unit $925,000
Sale Type Investment
Cap Rate 6.25%
No. Units 3
Property Type Multifamily
Property Subtype
Apartment
  • General Retail Restaurant
Apartment Style Mid-Rise
Building Class B
Lot Size 0.04 AC
Building Size 4,612 SF
No. Stories 5
Year Built/Renovated 1900/2007
Parking Ratio 0.43/1,000 SF
Zoning MU-5A - Mixed Use with 3 two bedroom residential units, storefront retail (currently a restaurant) and walk out improved basement
Exceptionally walkable
100/100
Somewhat drivable
30/100
Exceptional public transit
90/100
Exceptionally bikeable
90/100

Property Taxes

Property Taxes

Parcel Number
2560-0869
Land Assessment
$566,150
Improvements Assessment
$2,132,950
Total Assessment
$2,699,100
  • Listing ID: 39873012

  • Date on Market: 3/23/2026

  • Last Updated:

  • Address: 2307 18th St NW, Washington, DC 20009

Contact the Sale Advisor

2307 18th St NW

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