1941 16TH ST SE, Washington, DC 20020
- 3,488 sqft
Multi-Family Home
Built in 1929
2,178sqft lot
—— car garage
$215/sqft
Listed 17 days ago
Property Description
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!
- Listing Status:
- Active
- Listing Office:
- Keller Williams Capital Properties : 2022437700
- Listing Agent:
- Joseph Ewing Martin Jr. : 5617165970
- MLS ID:
- DCDC2206812

- General: Bathroom - Tub ShowerEntry Level Bedroom
- Flooring: CarpetHardwood
- A/C: None
- Heating: Natural Gas
- Disability Feature: None
This listing courtesy of Joseph Ewing Martin Jr., Keller Williams Capital Properties
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Ketcham Elementary School
1919 15th St SE, Washington, DC, 20020
Grades EE-5
0.08 miles away
Kramer Middle School
1700 Q St SE, Washington, DC, 20020
Grades 6-8
0.40 miles away
Anacostia High School
1601 16th St SE, Washington, DC, 20020
Grades 9-12
0.29 miles away