PRICE REDUCTION by MOTIVATED SELLER OPEN to REASONABLE offers. Positioned in the heart of a rapidly appreciating Northwest DC corridor, 916 Shepherd St NW presents a compelling value-add opportunity for savvy investors. This classic rowhome offers the ideal canvas for a full-scale renovation or strategic condo conversion, with strong resale and rental demand supporting both exit strategies. Surrounded by revitalization and new development, the property benefits from favorable neighborhood momentum, making it well-suited for a high-impact transformation that can significantly elevate its market value.
With the right vision and execution, this asset has the potential to deliver substantial returns through a modernized single-family flip or a multi-unit condominium project. The existing structure provides a solid footprint for reconfiguration, while DC’s robust buyer pool continues to reward thoughtfully designed, move-in-ready product. For investors seeking a project with upside, flexibility, and strong profit potential, this is an opportunity to capitalize on location, demand, and value creation in one of the city’s most active real estate markets.
Listed by Daryl Laster
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License #SP98364342
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Coldwell Banker Realty
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2022949055
Last updated May 31, 2026
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Source: BrightMLS #DCDC2260064
Listing Facts
TypeSingle-family
NeighborhoodPetworth
Bedrooms6
Bathrooms5
Days on Prevu39
Taxes$7,428/year
Size2,241 sqft
Price per sqft$357
Amenities
Parking
Location
Mortgage Calculator
Listing History
05/31/2026
Price Decreased
$799,990
05/07/2026
Listed by Coldwell Banker Realty
$850,000
Property Details for 916 Shepherd Street NW
Exterior
Construction
New Construction: No
Roof: Asphalt
Year Built: 1920
Architectural Style: Colonial
Construction Materials: Brick
Features
Fencing: Rear
Other Structures: Above Grade, Below Grade
Patio And Porch Features: Patio(s), Porch(es)
Waterfront: No
Measurements
Lot Size Acres: 0.04
Lot Size Source: Assessor
Lot Size Square Feet: 1,761
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $7,428.00
Tax Year: 2025
Interior
Features
Fireplace: No
Interior Features: Dining Area, Breakfast Area, Upgraded Countertops, Primary Bath(s), Floor Plan - Traditional
How many bedrooms and bathrooms does this single-family home have?
There are 6 bedrooms and 5 bathrooms in this single-family home at 916 Shepherd Street NW.
What are the annual taxes for 916 Shepherd Street NW?
Annual taxes for this single-family home are estimated at $7,428.
How does 916 Shepherd Street NW compare to other single-family homes in Petworth?
This single-family home is listed 19% below the average price for single-family homes in Petworth and has been on the market for 30 less days than the typical home in this area.
What is the square footage on this single-family home?
According to the MLS, this listing is 2,241 sqft.
916 Shepherd Street NW is a 6-bedroom, 5-bath single-family home for sale in WASHINGTON DC 20011. Listed on Prevu for 39 days at $799,990. This includes a recent price decrease of $50,010. This home features 2,241 square feet of living space, located in Petworth. The median listing price for single-family homes in this area is $784,450. Additional amenities include parking. Browse more single-family home listings in Washington.
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