Under Contract

MLS: #DCDC2206812, Listed By: Joseph Martin, Keller Williams Capital Properties, Source:Bright MLS

1941 16th Street

WASHINGTON, DC 20020
Mark as Favorite
Bed 4

Bed

Bath 0

Bath

SqFt3,488

Sqft

Acres0.05

Acre(Lot)

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. A venue, 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!

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Detail Ic Property Details

Property Type : Residential Income

Price : $500,000

AD Id : 68720523

MLS Id : DCDC2206812

Beds : 4

Lot Size : 0.05 Acre

Living Area Size : 3,488

Year Built : 1929

County : WASHINGTON

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Feature Features

  • Bedroom Information

    Total beds: 4
  • Flooring Information

    Carpet, Hardwood
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, None Has Cooling: Yes Cooling: None, Electric

  • Building Information

    Year Built: 1929 Building Area Total: 3672 Construction Materials: Brick Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Acres: 0.05 Lot Size Source: Assessor Lot Size Square Feet: 2256

  • Listing Price Information

    Listing Price: $500000

  • Tax Information

    Parcel Number: 5766//0810 Tax Lot: 810 Tax Year: 2024 Annual Tax: $5363

  • Parking Information

    On Street

  • Utility Information

    Natural Gas Available, Sewer Available, Water Available
  • Location Information

    Direction: Follow 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 destination WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
2824 Buena Vista Terrace, Washington, DC, 20020 $750,000 8 -- 6,800 6,800 SqFt
2808 Buena Vista Terrace, Washington, DC, 20020 $799,000 12 -- 2,858 2,858 SqFt
1343 29th Street, Washington, DC, 20020 $574,999 4 -- 2,640 2,640 SqFt
1620 17th Place, Washington, DC, 20020 $540,000 4 -- 3,360 3,360 SqFt
1616 17th Place, Washington, DC, 20020 $375,000 -- -- 3,360 3,360 SqFt
1511 17th Street, Washington, DC, 20020 $680,000 8 -- 3,188 3,188 SqFt
2011 16th Street, Washington, DC, 20020 $799,000 11 -- 3,416 3,416 SqFt

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 06/06/2026 @ 04:51

MLS: DCDC2206812 LISTED BY: Joseph Martin, Keller Williams Capital Properties 202-243-7700 SOURCE: Bright MLS

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