1941 16TH Street SE

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Address: 1941 16th St SE, Washington, DC 20020, USA
Washington DC + 2-4 Units
Created date: July 30, 2026
Date last updated: September 6, 2026
Price: $500,000Investment Analyzer NEW!

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!
Under Contract

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Broker Details

Joseph Ewing Martin Jr.
Joseph Ewing Martin Jr.

Keller Williams Capital Prop. (202) 243-7700 MLS ID: 3378327 State License Number: SP40003656

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Key Property Information

Listing Status: Under Contract
Listing Type: Call for offers
Property Types: 2-4 Units
Price: $500,000
No. of Units: 4
Year Built: 1929
Lot Size: 3,488.00 Sq ft
Opportunity Zone: No
Price per unit: $125,000
Property Website Click Here
Number of Bedrooms: 0
Number of Bathrooms: 0
Address: 1941 16TH Street SE, WASHINGTON, DC 20020, USA
Provided by:
Standard Status: Active Under Contract
MLS Listing Number: DCDC2206812
ID: 3yd-TRENDPA-DCDC2206812
Copyright Disclaimer: Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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