1941 16th St Se, Washington, DC 20020
Local realty services provided by:ERA Central Realty Group
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 demand.
Sold strictly as is. Owner will make no repairs.
Don't miss this opportunity to unlock serious value and long-term returns in one of DC’s most promising neighborhoods!...
Contact an agent
Home facts
- Year built:1929
- Listing ID #:DCDC2206812
- Added:427 day(s) ago
- Updated:August 22, 2026 at 08:08 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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