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1616 Isherwood Street NEWashington, DC 20002

For Sale

$1,200,000

Smart Buyer Rebate $12,000

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

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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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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.