1941 16TH STREET SE
Washington, DC 20020
Price Upon Request
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!
Listing Courtesy of: Keller Williams Capital Properties
561-716-5970
| Listing Id: | DCDC2206812 |
|---|---|
| Property Type: | Multi-Family |
| Property Sub Type: | Quadruplex |
| Status: | Active Under Contract |
| Living Area: | 3,488 |
| Tax Annual Amount: | $5,363 |
| Lot Size Square Feet: | 2,256.0 |
| Lot Size Acres: | 0.05 |
| Architectural Style: | Traditional |
| Waterfront?: | No |
| City: | Washington |
| Counties Or Regions: | Washington |
| Postal Code: | 20020 |
| Year Built: | 1929 |
| Number Of Units Total: | 4 |
| Listing Agreement: | Exclusive Right |
| Frequency: | Annually |
| One Bedroom Units: | 4 |
| Financing Types: | Cash, Private |
| Client Application Edited Yn: | Yes |
| Mls List Date: | 2025-06-20 |
| State Or Province: | DC |
| Postal Code Plus4: | 4866 |
| Legal Subdivision: | Anacostia |
| Possession: | Settlement |
| Directions: | Follow I-495 E/Capital Beltway, Baltimore-Washington Pkwy and State Hwy 295 to Martin Luther King Jr Ave SE in Washington. Take exit 1B-C from State Hwy 295 then Take Marion Barry Ave SE to your destination |
| School District Sources: | Listing Agent |
| School District Key: | 121140357950 |
| Above Grade Finished Area: | 2,448 |
| Above Grade Finished Area Units: | Square Feet |
| Below Grade Finished Area: | 1,040 |
| Below Grade Finished Area Source: | Assessor |
| Below Grade Finished Area Units: | Square Feet |
| Cooling: | None |
| Door Features: | Double Entry |
| Construction Materials: | Brick |
| Flooring: | Carpet, Hardwood |
| Foundation Details: | Other |
| Accessibility Features: | None |
| Heating: | None |
| Above Grade Finished Area Source: | Assessor |
| Interior Features: | Bathroom - Tub Shower, Entry Level Bedroom |
| Living Area Source: | Assessor |
| Common Walls: | Dry Wall |
| Other Structures: | Above Grade, Below Grade |
| Year Built Effective: | 2019 |
| Year Built Source: | Assessor |
| Property Condition: | Below Average |
| Basement Yn: | No |
| Below Grade Unfinished Area: | 184 |
| Below Grade Unfinished Area Source: | Assessor |
| Below Grade Unfinished Area Units: | Square Feet |
| Cooling Fuel: | Electric |
| Heating Fuel: | Natural Gas |
| Hot Water: | None |
| Type: | Detached |
| Type Of Parking: | On Street |
| Below Grade Area Total: | 1,224 |
| Source Of Measure Bg: | Assessor |
| Area Total: | 3,672 |
| Source Of Measure: | Assessor |
| Assessment Year: | 2024 |
| In City Limits Yn: | Yes |
| City Tax Frequency: | Annually |
| County Tax Frequency: | Annually |
| Land Use Code: | 0 |
| Tax Assessment Amount: | $647,280.00 |
| Tax Total Finished Sq Ft: | 3,488 |
| Tax Year: | 2024 |
| Zoning: | R-3 |
| Listing Tax: | 5766//0810 |
| Auto Update Tax Data Yn: | Yes |
| Ownership: | Fee Simple |
| Special Listing Conditions: | Standard |
| Lot Size Source: | Assessor |
| Lot Size Units: | Square Feet |
| Pool Types: | No Pool |
| Soil Types: | Unknown |
| Security Features: | Main Entrance Lock |
| Sewer: | Public Sewer |
| Utilities: | Natural Gas Available, Sewer Available, Water Available |
| Water Source: | Public |
| Number Of Units Vacant: | 4 |
| Units Furnished: | None |
| Transportation: | Airport less than 10 miles, Bus Stop less than 1 mile, Metro/Subway Station 1 to 3 miles |
| School District NameSchool District: | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
| Short Sales: | No |
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Property Last Updated: October 26, 2026 10:08 PM - ET
