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1941 16TH ST SE
Washington, DC 20020
Quick Facts
- Area:3488sq ft
- Style:Traditional
- Year Built:1929
- Lot Size:0.05 acres
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!
| Status | Backup |
| Added to RealtyWatch | June 20, 2025 - 83 days ago |
| Listing Office | Keller Williams Capital Properties, Joseph Ewing Martin Jr. |
| MLS ID | DCDC2206812 |
Schedule a Showing
Interior
- General: Bathroom - Tub Shower, Entry Level Bedroom
- Flooring: Carpet, Hardwood
- A/C: None
- Heating: Natural Gas
- Disability Feature: None
Exterior
- General: Above Grade, Below Grade
- Style: Traditional
Construction
- General: Brick, Other
Location
- Originating MLS: BRIGHT_MAIN
- School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
- County: WASHINGTON-DC
Lot
- Zoning: R-3, 5766//0810
Utilities
- Utilities: Natural gas available, Sewer available, Water available
- Water: Public
- Sewer: Public Sewer
Financial
- Source: BRIGHT_MAIN
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