1616 Isherwood St Ne, Washington, DC 20002

Located in Kingman Park, one of Northeast DC's most consistently appreciating neighborhoods, 1616 Isherwood Street NE is a four-unit multifamily property offering a rare combination of immediate income, repositioning upside, and long-term location premium. The property currently has one Section 8 / HCV-subsidized unit generating guaranteed rental income, providing a stable income floor while three vacant units present a significant lease-up opportunity for the right investor. All units have been updated to current code standards. Positioned just minutes from Capitol Hill, the H Street Corridor, and the future RFK Stadium redevelopment site — a transformative mixed-use project projected to activate hundreds of acres along the Anacostia waterfront by 2030 — the property sits at the intersection of established neighborhood demand and catalytic long-term growth. Investors who moved early on H Street and NoMa know what proximity to a project of this scale means for appreciation...