$1,690,000
1503 Ve••••• Ave NW (Sign up for 50 free credits to unlock)Washington, DC 20005
Property Description
Two doors from Logan Circle, this handsome 1880s Victorian rowhouse presents a rare four-residence investment opportunity in one of Washington's most distinguished historic districts. Approximately $100,000 in documented improvements since 2024 have refreshed the property while preserving its architectural character, including original pine floors, high ceilings, marble fireplace mantels and distinctive period lighting. The building comprises four one-bedroom, one-bath residences, each with in-unit laundry and individual mini-split climate control. The terrace residence opens to a private patio, while the three upper residences enjoy access to a professionally landscaped garden courtyard. Under the same ownership since 2007, the property has maintained an exceptional rental history, including 100% contractual occupancy throughout its long-running master-lease periods with a corporate-housing operator. The most recent master lease achieved an annualized contractual rent of $130,800, supported by detailed historical rental records. Delivered fully vacant, the property gives its next owner immediate control and unusual flexibility: pursue another whole-building master lease, operate four conventional or furnished residences, occupy one while renting the others, or create a private four-residence urban retreat. Logan Circle is celebrated for its beautifully preserved Victorian architecture and exceptional proximity to the restaurants, boutiques, culture and nightlife of the 14th Street corridor. Its limited supply of historic properties, central location and enduring appeal have sustained strong buyer and renter demand across multiple market cycles. U Street, Shaw and Dupont Circle are all within easy reach, with convenient access to multiple Metro stations. Historic character, demonstrated income performance and flexible vacant delivery come together in an offering rarely available this close to Logan Circle..
Property Facts & Features
- Property Type
- Multi Family
- Status
- Closed
- Listed
- Sep 9, 2026
- Sold
- Oct 20, 2026
- Price per Sq Ft
- $657/sqft
- ZIP Code
- 20005
- Heating
- Radiator
- Cooling
- Ductless/Mini Split
- Construction
- Brick
- Style
- Victorian
- Property Tax (2026)
- $9,459/yr
- Assessed Value
- $1,112,850
- Neighborhood
- Logan Circle
- County
- District of Columbia
- School District
- District Of Columbia Public Schools
Estimated Value
Automated estimate. Not an appraisal.
Features & Amenities
Land Info
- Lot Size Acres: 0.0181129
- Lot Size Square Feet: 789
Appliances
- Dishwasher
- Disposal
- Microwave
- Oven/Range - Gas
- Refrigerator
- Stainless Steel Appliances
- Washer/Dryer Stacked
- WaterHeater
Multi-Unit Info
- Number of Units: 4
- Number of 1 Bedroom Units: 4
- Number of 2 Bedroom Units: 0
- Number of 3 Bedroom Units: 0
Interior Features
- Bathroom - Tub Shower
- Built-Ins
- Combination Dining/Living
- Crown Moldings
- Floor Plan - Traditional
- Wood Floors
Garage and Parking
- Parking Total: 0
School Information
- School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Heating and Cooling
- Cooling Features: Ductless/Mini-Split
- Heating Features: Radiator
- Heating: Yes
Other Property Info
- Annual Tax Amount: 9459
- Source Listing Status: Closed
- County: WASHINGTON
- Disclaimer: Standard
- Ownership: Fee Simple
- Source Neighborhood: LOGAN CIRCLE
- Postal Code Plus 4: 3712
- Subdivision: LOGAN CIRCLE
- Property Subtype: Quadruplex
Building and Construction
- Total Square Feet Living: 2572
- Year Built: 1914
- Above Grade Finished Area: 2082
- BelowGradeFinishedArea: 490
- Building Name: 1503 VERMONT
- Construction Materials: Brick
- Property Age: 112
- Structure Type: Interior Row/Townhouse
- Total Area Sqft: 2572
- Total Below Grade Area: 490
- Architectural Style: Victorian
Location
Lat 38.91029 · Lng -77.02886