# 1616 ISHERWOOD Street NE, Washington, DC 20002

> **TL;DR:** residential multi family, $1,200,000 ($375/sqft), built 1932, 3,202 sqft.
> A/C. Est. $5,200/mo. Listed 83 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $1,200,000 |
| Price/sqft | $375 |
| Square Feet | 3,202 |
| Year Built | 1932 |
| Lot Size | 3,402 sqft (0.08 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 83 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $5,200 |
| **Total** | **$5,200** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1932
- 0.08 acre lot

## Description

### Agent Description
Located in the highly desirable **Kingman Park** neighborhood of **Washington, DC**, this well-maintained **four-unit multifamily property** presents an excellent investment opportunity with strong income potential. The building currently has **one occupied unit generating guaranteed rental income**, offering immediate cash flow while leaving additional units available for future leasing or owner repositioning. All units have been **updated to current code standards**, providing peace of mind for investors seeking a turnkey or lightly managed asset. Positioned just minutes from the vibrant **Capitol Hill & H Street Corridor**, the property benefits from close proximity to some of the city's best dining, nightlife, and retail destinations. The area continues to experience strong growth and investor interest, supported by promising **return on investment (ROI) and appreciation potential**. Additionally, the property is located near the site of the future redevelopment around **RFK Stadium**, where major revitalization plans projected for completion around 2030 are expected to further enhance neighborhood demand and long-term value. Situated on a **quiet residential block**, the property offers tenants convenient access to neighborhood amenities, shopping, parks, and transportation while maintaining a peaceful community atmosphere. With its prime location, income potential, and strong market fundamentals, this multifamily asset represents an **ideal opportunity for investors seeking both stable cash flow and long-term appreciation in one of Washington, DC's evolving neighborhoods.** Some photos showing unit virtually staged

## Location

- **Address:** 1616 ISHERWOOD Street NE, Washington, DC 20002
- **County:** WASHINGTON
- **Neighborhood:** KINGMAN PARK
- **Coordinates:** 38.89565, -76.9811
- **Google Maps:** https://www.google.com/maps?q=38.89565,-76.9811

## Listing Agent

- **Name:** Norman Slye
- **Brokerage:** Real Broker, LLC
- **Phone:** 3024800070
- **Email:** normanslyerealtor@gmail.com

## Primary Photo

![1616 ISHERWOOD Street NE - Primary Photo](http://lh.rdcpix.com/f79b20e8978a656e73b587d008f3d988l-f1542937865r.jpg)

*29 total photos available on [listing page](https://www.propertysimple.com/listing/1616-isherwood-street-ne-washington-dc-20002-c2249580)*

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**MLS#:** DCDC2249580 | **Updated:** 2026-06-18
**Source:** listhub

*Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/1616-isherwood-street-ne-washington-dc-20002-c2249580)

---

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