Located in the highly desirable **Kingman Park** neighborhood of **Washington, DC**, this well-maintained **four-unit multifamily property** presents an excellent investment opportunity with strong income potential. The building currently has **one occupied unit generating guaranteed rental income**, offering immediate cash flow while leaving additional units available for future leasing or owner repositioning. All units have been **updated to current code standards**, providing peace of mind for investors seeking a turnkey or lightly managed asset.
Positioned just minutes from the vibrant **Capitol Hill & H Street Corridor**, the property benefits from close proximity to some of the city’s best dining, nightlife, and retail destinations. The area continues to experience strong growth and investor interest, supported by promising **return on investment (ROI) and appreciation potential**. Additionally, the property is located near the site of the future redevelopment around **RFK Stadium**, where major revitalization plans projected for completion around 2030 are expected to further enhance neighborhood demand and long-term value.
Situated on a **quiet residential block**, the property offers tenants convenient access to neighborhood amenities, shopping, parks, and transportation while maintaining a peaceful community atmosphere. With its prime location, income potential, and strong market fundamentals, this multifamily asset represents an **ideal opportunity for investors seeking both stable cash flow and long-term appreciation in one of Washington, DC’s evolving neighborhoods.**
Some photos showing unit virtually staged
Listed by Norman Slye
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License #SP98375116
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Real Broker, LLC
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3024800070
Last updated March 10, 2026
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Source: BrightMLS #DCDC2249580
Listing Facts
TypeMulti-family
NeighborhoodKingman Park
Days on Prevu6
Taxes$9,516/year
Size3,202 sqft
Price per sqft$375
Location
Mortgage Calculator
Listing History
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 80 less 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 6 days at $1,200,000. This property 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. View other multi-family home listings in Washington.
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