1941 16th St SE Washington, DC 20020
Anacostia NeighborhoodEstimated payment $3,015/month
Highlights
- Traditional Architecture
- Main Floor Bedroom
- Cooling Available
- Wood Flooring
- Double Door Entry
- Bathtub with Shower
About This Home
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 Agent
(202) 243-7700 joe@menkitigroup.com Keller Williams Capital Properties Brokerage Phone: 2022437700 License #SP40003656 Listed on: 06/20/2025
Co-Listing Agent
(202) 243-7700 bo@menkitigroup.com Keller Williams Capital Properties Brokerage Phone: 2022437700
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $5,363
Year Built
- Built in 1929 | Remodeled in 2019
Lot Details
- 2,256 Sq Ft Lot
- Property is in below average condition
Parking
- On-Street Parking
Home Design
- Quadruplex
- Traditional Architecture
- Brick Exterior Construction
Interior Spaces
- Double Door Entry
Flooring
- Wood
- Carpet
Bedrooms and Bathrooms
- Main Floor Bedroom
- Bathtub with Shower
Utilities
- Cooling Available
- Heating System Uses Natural Gas
Community Details
- 4 Units
- 4 Vacant Units
Listing and Financial Details
- Tax Lot 810
- Assessor Parcel Number 5766//0810
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $18,933 | $647,280 | $156,900 | $490,380 |
| 2024 | $5,363 | $630,980 | $151,170 | $479,810 |
| 2023 | $5,108 | $600,960 | $144,680 | $456,280 |
| 2022 | $4,737 | $557,320 | $142,420 | $414,900 |
| 2021 | $4,363 | $513,320 | $140,300 | $373,020 |
| 2020 | $4,238 | $498,640 | $136,800 | $361,840 |
| 2019 | $3,837 | $451,390 | $131,980 | $319,410 |
| 2017 | $2,969 | $437,270 | $0 | $0 |
| 2016 | $10,449 | $208,980 | $0 | $0 |
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft | Prior Sale |
|---|---|---|---|---|---|
| 09/04/2025 09/04/25 | Price Changed | $500,000 | -33.3% | $143 / Sq Ft | |
| 06/20/2025 06/20/25 | For Sale | $750,000 | +141.9% | $215 / Sq Ft | |
| 11/13/2015 11/13/15 | Sold | $310,000 | 0.0% | $127 / Sq Ft | View Prior Sale |
| 10/07/2015 10/07/15 | Pending | -- | -- | -- | |
| 09/04/2015 09/04/15 | For Sale | $310,000 | -- | $127 / Sq Ft |
Source: Bright MLS
MLS Number: DCDC2206812
APN: 5766 0810
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2026 Bright MLS, Inc.
- 1533 U St SE
- 1531 U St SE
- 1911 17th St SE
- 1621 T St SE Unit 1
- 1635 U St SE
- 1700 T St SE
- 1956 Fendall St SE
- 1444 T St SE
- 1616 W St SE
- 1745 T St SE
- 1420 V St SE
- 2100 Fendall St SE Unit 14
- 2100 Fendall St SE Unit 4
- 2100 Fendall St SE Unit 13
- 1700 W St SE Unit 5
- 1707 Minnesota Ave SE
- 1430 W St SE
- 1711 Minnesota Ave SE
- 1713 Minnesota Ave SE
- 1811 T Place SE
- 1524 W St SE
- 1641 V St SE Unit 2
- 1721 T St SE
- 2205 16th St SE
- 1907 18th St SE
- 1422 W St SE Unit 2
- 1431 S St SE
- 1809 18th St SE Unit 3
- 1416 S St SE
- 1721 Minnesota Ave SE Unit 3
- 1632 Ridge Place SE
- 1634 Ridge Place SE
- 1411 Ridge Place SE Unit 2
- 1953 19th Place SE
- 1824 T St SE
- 1311 S St SE
- 1325 W St SE
- 1626 R St SE
- 2237 14th St SE
- 2351 16th St SE Unit 103
Ask me questions while you tour the home.