$500,000
UNDER CONTRACT

1941 16th St SE Washington, DC 20020

Anacostia Neighborhood

Estimated payment $3,080/month

Total Views 2,069
-- Bed
-- Bath
3,488 Sq Ft
$143 Price per Sq Ft

Highlights

  • Traditional Architecture
  • Main Floor Bedroom
  • Bathtub with Shower
  • Wood Flooring
  • Double Door Entry

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

Joseph Martin

(202) 243-7700 joe@menkitigroup.com Keller Williams Capital Properties License #SP40003656 Listed on: 06/20/2025

Keller Williams Capital Properties

Co-Listing Agent

Bo Menkiti

(240) 603-6153 bo@menkitigroup.com Keller Williams Capital Properties

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

Community Details

  • 4 Units
  • 4 Vacant Units

Listing and Financial Details

  • Tax Lot 810
  • Assessor Parcel Number 5766//0810

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,363

Year Built

Built in 1929 | Remodeled in 2019

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Traditional
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1929
  • Year Renovated: 2019
  • Automatically Close On Close Date: No
  • Special Features: UnderContract

Interior Features

  • Flooring Type: Carpet, Hardwood
  • Interior Amenities: Bathroom - Tub Shower, Entry Level Bedroom
  • Fireplace: No
  • Door Features: Double Entry
  • Wall Ceiling Types: Dry Wall
  • Foundation Details: Other
  • Total Sq Ft: 3672
  • Living Area Sq Ft: 3488
  • Price Per Sq Ft: 204.25
  • Above Grade Finished Sq Ft: 2448
  • Below Grade Finished Sq Ft: 1040
  • Below Grade Sq Ft: 184
  • Total Below Grade Sq Ft: 1224
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Security: Main Entrance Lock
  • Sewer/Septic System: Public Sewer
  • Utilities: Natural Gas Available, Sewer Available, Water Available
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.05
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 2256.00
  • Property Condition: Below Average
  • Soil Types: Unknown
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Multi Family

  • Number Of Units Vacant: 4

Tax Info

  • Tax Annual Amount: 5363.00
  • Assessor Parcel Number: 5766//0810
  • Tax Lot: 810
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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List Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

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

Source: Bright MLS

MLS Number: DCDC2206812

Bright MLS

APN: 5766 0810

District of Columbia District of Columbia County Washington 20020 Anacostia

1941 16th St SE, Washington, DC

Under Contract

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Joseph Martin
Listing Agent
Joseph Martin
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Keller Williams Capital Properties
(202) 750-8000