1941 16th St Se, Washington, DC 20020

Washington
Local realty services provided by:ERA Reed Realty, Inc.
1941 16th St Se,Washington, DC 20020
$500,000
  • 4 Beds
  • - Baths
  • 3,488 sq. ft.
  • Multi-family
  • Pending
Listed by: joseph ewing martin jr., obiora i menkiti
Office: keller williams capital properties
MLS#:DCDC2206812
Source:BRIGHTMLS

Price summary

  • Price:$500,000
  • Price per sq. ft.:$143.35

About this home

Investment opportunity! A tremendous chance to purchase, renovate, and stabilize this 4-unit, 1-bedroom/1-bathroom quadruplex in the heart of Anacostia—ideal for investors seeking strong cash flow or developers eyeing a condo conversion. Each unit includes a private kitchen, and the building holds a valid Certificate of Occupancy for four units, ensuring legal compliance and flexibility. With potential rents of \$1,500 per unit, the property offers an excellent path to achieving an 8% or higher CAP rate once stabilized. Major systems—including the roof, electrical, and plumbing—were replaced in 2019, so the building now only needs interior cosmetic renovations. There’s also ample space for expansion, adding even more long-term upside. Located just one block from Martin Luther King Jr. Avenue, three blocks from the Anacostia Gateway, and near the future Anacostia Arts & Business District and I-295, this property sits in a rapidly growing neighborhood with tremendous rental...

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Home facts

  • Year built:1929
  • Listing ID #:DCDC2206812
  • Added:335 day(s) ago
  • Updated:May 22, 2026 at 07:38 AM

Rooms and interior

  • Bedrooms:4
  • Flooring:Carpet, Hardwood
  • Living area:3,488 sq. ft.

Heating and cooling

  • Heating:Natural Gas

Structure and exterior

  • Year built:1929
  • Building area:3,488 sq. ft.
  • Lot area:0.05 Acres
  • Architectural Style:Traditional
  • Construction Materials:Brick

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$500,000
  • Price per sq. ft.:$143.35
  • Tax amount:$5,363 (2024)

Features and amenities

  • Amenities:Main Entrance Lock, Natural Gas Available

Parking

  • Parking description:On Street

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