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1941 16TH Street SEWashington, DC 20020

For Sale

$500,000

Smart Buyer Rebate $2,500

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!

Listed by Joseph Ewing Martin Jr.

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License #SP40003656

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Keller Williams Capital Properties

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5617165970

Last updated September 04, 2025

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Source: BrightMLS #DCDC2206812

Listing Facts

  • TypeMulti-family
  • NeighborhoodHistoric Anacostia
  • Days on Prevu78
  • Taxes$5,363/year
  • Size3,488 sqft
  • Price per sqft$143

Location

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Listing History

09/04/2025
Price Decreased
$500,000
06/20/2025
Listed by Keller Williams Capital Properties
$750,000

Property Details for 1941 16TH Street SE

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 4
  • Property Condition: Below Average
  • Year Built: 1929
  • Architectural Style: Traditional
  • Construction Materials: Brick

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Size Acres: 0.05
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 2,256
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $5,363.00
  • Tax Year: 2024

Interior

Features

  • Fireplace: No
  • Flooring: Carpet, Hardwood
  • Interior Features: Bathroom - Tub Shower, Entry Level Bedroom
  • Spa: No

Measurements

  • Living Area: 3,488
  • Living Area Source: Assessor

Other

Location

  • Tax Lot: 810

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Sewer: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

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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.