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!
For sale
$750,000
1941 16th St SE, Washington, DC 20020
4beds
--baths
3,488sqft
Est.:
Quadruplex
Built in 1929
-- sqft lot
$722,500 Zestimate®
$215/sqft
$-- HOA
What's special
Interior cosmetic renovationsPrivate kitchen
- 55 days
- on Zillow |
- 133 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: July 21, 2025 at 07:29am
Listed by:
Joe Martin 561-716-5970,
Keller Williams Capital Properties,
Listing Team: Mg Residential, Co-Listing Agent: Obiora I Menkiti 202-997-8010,
Keller Williams Capital Properties
Source: Bright MLS,MLS#: DCDC2206812

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Basement
- Area: 1224
Heating
- None, Natural Gas
Cooling
- None, Electric
Features
- Bathroom - Tub Shower, Entry Level Bedroom, Dry Wall
- Flooring: Carpet, Hardwood
- Doors: Double Entry
- Has fireplace: No
Interior area
- Total structure area: 3,672
- Total interior livable area: 3,488 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 2,256 Square Feet
- Features: Unknown Soil Type
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 5766//0810
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex
Materials
- Brick
- Foundation: Other
Condition
- Below Average
- New construction: No
- Year built: 1929
- Major remodel year: 2019
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Sewer Available, Water Available
Community & HOA
Community
- Security: Main Entrance Lock
Location
- Region: Washington
Financial & listing details
- Price per square foot: $215/sqft
- Tax assessed value: $647,280
- Annual tax amount: $5,363
- Date on market: 6/20/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Private Financing Available
- Ownership: Fee Simple
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