1451 Maryland Ave Ne, Washington, DC 20002
Local realty services provided by:ERA OakCrest Realty, Inc.
1451 Maryland Ave Ne,Washington, DC 20002
$2,349,900
- 2 Beds
- - Baths
- - sq. ft.
- Multi-family
- Coming Soon
Listed by: daniel m heider, thanasi axaopoulos
Office: ttr sotheby's international realty
MLS#:DCDC2243332
Source:BRIGHTMLS
Price summary
- Price:$2,349,900
About this home
An exceptional turn-key, mixed-use investment opportunity in Northeast DC’s rapidly growing Starburst Intersection, just minutes from the newly approved $3.7 billion RFK Stadium redevelopment that will transform the area with a new stadium, retail, housing, and expansive green space. Situated on a prominent corner lot, this fully renovated 2021 asset offers stable, long-term income with minimal owner expenses, generating $156,935 in annual NOI. With meticulously maintained spaces, built-in rental escalations, and high-caliber tenants in place, this property presents a rare opportunity for investors seeking both immediate cash flow and long-term appreciation. Anchoring the ground floor is Daru, a Michelin Bib Gourmand-awarded Indian-Nepalese restaurant, celebrated for its innovative cuisine and strong local following. Daru is in a Triple Net lease until 4/1/2031. The restaurant fully maintains its space, covers 61.5% of property taxes and insurance, and funds trash services. Recognizing their success, Daru expanded operations by adding a covered outdoor dining area last year and has recently opened a second location down the street. Above, the luxurious residential penthouse is leased until 5/1/2026. Designed for modern urban living, this open-concept loft showcases wide plank white oak floors, a striking hexagonal sunroom, high-end JennAir appliances, spa-inspired baths, and two private outdoor terraces. The property underwent a comprehensive $1M modernization in 2021, including all new MEP systems, full basement excavation to accommodate a commercial kitchen, a top-floor penthouse addition, new windows, a reimagined storefront, enhanced entryways, and the creation of two rooftop decks. With both units paying their own utilities, minimal maintenance requirements, and a high-quality NNN tenant ensuring predictable income growth, this is a truly hands-off, low-risk investment in one of Washington, DC’s most dynamic and evolving neighborhoods....
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Home facts
- Year built:1900
- Subdivision & Development:OLD CITY #1
- Listing ID #:DCDC2243332
- Updated:August 14, 2026 at 01:39 PM
Rooms and interior
- Bedrooms:2
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1900
- Construction Materials:Brick
Schools
- High school:DUNBAR SENIOR
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$2,349,900
- Tax amount:$29,963 (2025)
Parking
- Parking description:On Street, Public
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