1. District of Columbia
2. Washington
3. 1941 16TH ST SE

1941 16TH ST SE, Washington, DC 20020

• 3,488 sqft

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

Interior

• General: Bathroom - Tub ShowerEntry Level Bedroom
• Flooring: CarpetHardwood
• A/C: None
• Heating: Natural Gas
• Disability Feature: None

Exterior

Construction

Location

Lot

Utilities

Financial

This listing courtesy of Joseph Ewing Martin Jr., Keller Williams Capital Properties