Positioned along Kalorama Road in the heart of Adams Morgan, 1823 Kalorama Road NW presents a rare opportunity to acquire a fully leased, comprehensively renovated five-unit multifamily property with four private parking spaces. Originally built in 1900 and extensively reimagined in 2019, the historic brick building pairs classic Washington character with polished contemporary interiors, creating a turnkey investment in one of the city’s most dynamic and consistently sought-after neighborhoods. Arranged across five levels, the property offers a desirable and versatile unit mix. The lower level includes two one-bedroom, one-bath residences. The main and second levels each feature expansive two-bedroom, two-bath homes, including private outdoor space off the main-level residence. Occupying the third and fourth floors, the two-level penthouse serves as the building’s signature home with two bedrooms, two full bathrooms, a powder room and seamless indoor-outdoor living. Each residence has been thoughtfully finished with solid hardwood floors, high ceilings, recessed lighting, oversized windows and in-unit laundry. Sophisticated kitchens feature custom cabinetry, stone countertops, professional-grade stainless steel appliances and generous islands designed for both everyday living and entertaining. Spa-inspired bathrooms are appointed with marble tile, freestanding soaking tubs, glass-enclosed rainfall showers and designer fixtures. Select residences also offer private terraces, expansive city views and exceptional natural light. Four on-site surface parking spaces provide a level of convenience that is exceptionally rare in this part of the city and further enhance the property’s long-term tenant appeal. Fully leased and TOPA-compliant, the building offers immediate income alongside enduring value and future flexibility. Just moments from the restaurants, cafs and nightlife of Adams Morgan’s 18th Street and Columbia Road corridors, with easy access to Dupont Circle, Embassy Row and downtown Washington, 1823 Kalorama Road NW is a distinctive investment offering defined by location, thoughtful design and an unusually complete collection of urban amenities.