Located in Kingman Park, one of Northeast DC's most consistently appreciating neighborhoods, 1616 Isherwood Street NE is a four-unit multifamily property offering a rare combination of immediate income, repositioning upside, and long-term location premium. The property currently has one Section 8 / HCV-subsidized unit generating guaranteed rental income, providing a stable income floor while three vacant units present a significant lease-up opportunity for the right investor. All units have been updated to current code standards.
Positioned just minutes from Capitol Hill, the H Street Corridor, and the future RFK Stadium redevelopment site — a transformative mixed-use project projected to activate hundreds of acres along the Anacostia waterfront by 2030 — the property sits at the intersection of established neighborhood demand and catalytic long-term growth. Investors who moved early on H Street and NoMa know what proximity to a project of this scale means for appreciation curves.
The building occupies a quiet residential block with convenient access to dining, retail, parks, and transit, making it naturally appealing to the professional renter profile this submarket consistently attracts. Select units virtually staged. Rent roll available upon request.
An income-producing asset with room to run — in a corridor where the trajectory is already written.
Listed by Norman Slye
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License #SP98375116
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Real Broker, LLC
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3024800070
Last updated June 14, 2026
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Source: BrightMLS #DCDC2249580
Listing Facts
TypeMulti-family
NeighborhoodKingman Park
Days on Prevu98
Taxes$9,516/year
Size3,202 sqft
Price per sqft$375
Location
Mortgage Calculator
Listing History
06/05/2026
Status changed to Active
$1,200,000
06/04/2026
Status changed to Removed from Feed
$1,200,000
04/15/2026
Status changed to Active
$1,200,000
04/03/2026
Status changed to Pending
$1,200,000
03/10/2026
Listed by Real Broker, LLC
$1,200,000
Property Details for 1616 Isherwood Street NE
Exterior
Construction
New Construction: No
Number Of Units Total: 4
Property Condition: Very Good
Roof: Flat
Year Built: 1932
Architectural Style: Colonial
Construction Materials: Brick
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Size Acres: 0.08
Lot Size Source: Estimated
Lot Size Square Feet: 3,400
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $9,516.00
Tax Year: 2025
Interior
Features
Appliances: Refrigerator, Stove
Fireplace: No
Flooring: Ceramic Tile, Laminate Plank
Interior Features: Bathroom - Stall Shower, Bathroom - Tub Shower, Floor Plan - Traditional, Floor Plan - Open
Measurements
Living Area: 3,202
Living Area Source: Estimated
Other
Location
Subdivision Name: KINGMAN PARK
Tax Lot: 138
Parking
Parking
Garage: No
Utilities
Equipment
Cooling: Central A/C
Heating: 90% Forced Air
Has Heating: Yes
Sewer: No Septic System
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 1616 Isherwood Street NE.
What are the annual taxes for 1616 Isherwood Street NE?
Annual taxes for this multi-family home are estimated at $9,516.
How does 1616 Isherwood Street NE compare to other multi-family homes in Kingman Park?
This multi-family home is listed 36% above the average price for multi-family homes in Kingman Park and has been on the market for 12 more days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 3,202 sqft.
1616 Isherwood Street NE is a -bedroom multi-family home for sale in WASHINGTON DC 20002. Listed on Prevu for 98 days at $1,200,000. This residence features 3,202 square feet of living space, located in Kingman Park. The median listing price for multi-family homes in this area is $642,250. Browse more multi-family home listings in Washington.
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