MLS: #DCDC2259674, Listed By: ivory frimpong, Samson Properties, Source:Bright MLS
1010-1012 16th Street
WASHINGTON, DC 20002
6
Bed
0
Bath
0.09Acre(Lot)
Prime corner-lot multifamily opportunity (1010 & 1012 16th St NE) positioned directly in the path of growth. This 6-unit asset spans across two buildings and features (6) spacious 1BD/1BA + den layouts, each with the potential to be converted into 2-bedroom units—unlocking significant rental upside. At full optimization, Section 8 rents are projected up to $2,545 for 2-bedroom units at this address. The property currently contains 3 vacant units and 3 occupied units at below-market rents. The (3) occupied units are all on month-to-month leases. This asset offers immediate value-add through lease-up and strategic repositioning. Projected stabilized NOI is approximately $95,662+ (pro forma available upon request). Located in Trinidad, the property is within 0.6 miles of the H Street Corri
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6 -
Interior Features
Appliances: Gas Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Radiant Has Cooling: Yes Cooling: Window Unit(s), Electric
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Building Information
Year Built: 1940 Construction Materials: Brick Pool Features: None Private Pool: No
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Lot Information
Lot Size Acres: 0.09 Lot Size Source: Assessor Lot Size Square Feet: 3808
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Listing Price Information
Listing Price: $745000
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Tax Information
Parcel Number: 4075//0176 Tax Lot: 176 Tax Year: 2025 Annual Tax: $5178
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Parking Information
Off Street
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Location Information
Direction: GPS WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 2013 I Street, Washington, DC, 20002 | $795,000 | 4 | -- | 2,368 | 0.05 Acre |
| 1835 D Street, Washington, DC, 20002 | $999,999 | 4 | -- | 2,960 | 0.06 Acre |
| 811 18th Street, Washington, DC, 20002 | $310,000 | -- | -- | 1,152 | 0.03 Acre |
| 1733 E Street, Washington, DC, 20002 | $780,000 | 8 | -- | 3,264 | 0.09 Acre |
| 1417 Maryland Avenue, Washington, DC, 20002 | $1,399,000 | 5 | -- | 2,380 | 0.02 Acre |
| 1210 Meigs Place, Washington, DC, 20002 | $1,500,000 | 8 | -- | 2,776 | 0.08 Acre |
| 1633 West Virginia Avenue, Washington, DC, 20002 | $749,950 | 6 | -- | 2,782 | 0.12 Acre |
| 831-833 L Street, Washington, DC, 20002 | $900,000 | 4 | -- | 1,799 | 0.02 Acre |
| 520 Constitution Avenue, Washington, DC, 20002 | $1,950,000 | 6 | -- | 4,014 | 0.03 Acre |
| 1332 North Capitol Street, Washington, DC, 20002 | $999,900 | 6 | -- | 3,306 | 0.04 Acre |
Similar Multifamily To 1010-1012 16th Street
Nearby For Sale
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.
ByOwner last updated this listing 10/08/2026 @ 00:11
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