# 1941 16TH Street SE, Washington, DC 20020

> **TL;DR:** multi-family, $500,000 ($143/sqft), built 1929, 3,488 sqft. Est. $2,674/mo. Listed 500 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $500,000 |
| Price/sqft | $143 |
| Square Feet | 3,488 |
| Year Built | 1929 |
| Lot Size | 2,256 sqft (0.05 acres) |
| Property Type | Multi-Family (Quadruplex) |
| Status | Active Under Contract |
| Days on Market | 500 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Principal & Interest (20% down, 30-year at 6.5%) | $2,528 |
| Estimated Insurance | $146 |
| **Total** | **$2,674** |

## Property Highlights

- Built in 1929
- 0.05 acre lot

## Description

### Agent Description
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!

## Location

- **Address:** 1941 16TH Street SE, Washington, DC 20020
- **County:** WASHINGTON
- **Coordinates:** 38.86572, -76.98224
- **Google Maps:** https://www.google.com/maps?q=38.86572,-76.98224

## Listing Agent

- **Name:** Joseph Ewing Martin Jr. · **License:** SP40003656
- **Brokerage:** Keller Williams Capital Prop.
- **Broker Phone:** (202) 243-7700
- **Listing URL:** [View original listing](https://www.realtor.com/realestateandhomes-detail/1941-16th-St-SE_Washington_DC_20020_M52101-27462?f=listhub&s=TRENDPA&m=DCDC2206812&c=propsimple)

## Photos

![1941 16TH Street SE - Photo 1](http://lh.rdcpix.com/4219f528d810afe0274f800c54b8fe0el-f705604097r.jpg)

---

**MLS#:** DCDC2206812 | **Updated:** 2026-10-20
**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.ai/listing/1941-16th-street-se-washington-dc-20020-545c24af784542a89ef1f5df218f98fe)

---

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