Property

Washington, DC 20020 1941 16Th Street SE

Presented By: Keller Williams Capital Properties
  • MLS# DCDC2206812
  • 06/20/2025
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  • Beds • 4

Home Details

Investment opportunity! A tremendous chance to purchase, renovate, and stabilize this 4-unit, 1-bedroom/1-bathroom quadruplex in the heart of Anacostiaideal 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 systemsincluding the roof, electrical, and plumbingwere replaced in 2019, so the building now only needs interior cosmetic renovations. Theres 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 DCs most promising neighborhoods!
Presented By: Keller Williams Capital Properties

Interior Features for 1941 16Th Street SE

Bedrooms

Three Bedroom Units Count

Other Interior Features

LivingAreaSourceAssessor
Central Air Y/NNo
Fireplace Y/NNo
FlooringCarpet, Hardwood
Furnished UnitsNone
Heating FuelNatural Gas
Hot WaterNone
Interior AmenitiesBathroom - Tub Shower, Entry Level Bedroom

General for 1941 16Th Street SE

Acceptable FinancingCash, Private
AccessibilityNone
Architectural StyleTraditional
Association Recreation FeeN
CityWASHINGTON
Construction MaterialsBrick
Cool FuelElectric
CoolingNone
CountyWASHINGTON
DirectionsFollow I-495 E/Capital Beltway, Baltimore-Washington Pkwy and State Hwy 295 to Martin Luther King Jr Ave SE in Washington. Take exit 1B-C from State Hwy 295 then Take Marion Barry Ave SE to your desti
Garage Y/NNo
HeatingNone
Home Warranty Y/NNo
Legal SubdivisionAnacostia
Lot Size Square Feet2256.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-06-26T16:35:38
New ConstructionNo
Number Of Units Total4
NumberOfUnitsVacant4
One Bedroom Units Count4
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
PossessionSettlement
Price Per Sq Ft Total AG306.37
Property ConditionBelow Average
Property SubtypeQuadruplex
Property TypeMulti-Family
School DistrictDISTRICT OF COLUMBIA PUBLIC SCHOOLS
Security FeaturesMain Entrance Lock
SewerPublic Sewer
Single Room Units Count0
Standard StatusActive
StatusACTIVE
Structure TypeDetached
Tax Annual Amount5363.0
Tax Assessed Value647280.0
Tax Lot810
Tax Year2024
Total SQFT3672
TransportationAirport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station 1 to 3 miles
Two Bedroom0
UtilitiesNatural Gas Available, Sewer Available, Water Available
Vacation Rental Y/NNo
Water Access Y/NNo
Year Built1929
Year Built SourceAssessor
ZoningR-3

Exterior for 1941 16Th Street SE

Door FeaturesDouble Entry
Foundation DetailsOther
Land Use Code
Lot Size Acres0.05
Lot Size SourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Soil TypesUnknown
SpaNo
Type of ParkingOn Street
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Waterfront Y/NNo

Additional Details

Price History

Ebonie Clerier

Associate
Price $750,000
MLS#DCDC2206812
List Date 06/20/2025
Property Type Multi-Family
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