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- $19.9M Price
- 107,343 Sqft
- .88 Acres
- 164 DOM
3316-3324 Wheeler Rd Se
Prime investment Opportunity in DC! Presenting a high-potential 108-unit multifamily community consisting of 9 garden-style buildings located at the intersection of Wheeler Rd SE and 10th Pl SE in the heart of Washington, D.C. This asset offers exceptional accessibility—just one mile from the Congress Heights Metro Station, within walking distance to Harris Teeter, and a short commute to Joint Base Anacostia-Bolling, the Washington Navy Yard, and MGM National Harbor. The unit mix is thoughtfully designed to meet strong rental demand, including: 12 one-bedroom, one-bath units, 33 two-bedroom, one-bath units, 60 three-bedroom, one-bath units and 3 four-bedroom, one-bath units. A large portion of the community participates in tenant-based voucher programs such as HCVP, GWUL, and Pathways to Housing DC, providing stable occupancy and predictable cash flow. This asset has undergone significant capital improvements within the past two years, including major mechanical, electrical, and plumbing upgrades, newer windows, doors, and kitchen cabinetry, updated appliances and modern flooring, sewer line enhancements, installation of 42 high-definition security cameras and renovated laundry rooms in each building. Notably, 70 of the 108 units have been fully renovated between 2023–2025, and the exteriors of all buildings have been freshly painted. The community has also embraced sustainability, with solar panels installed as part of the Sustainable DC initiative, reducing operating costs and environmental impact. This is an exceptional investment prospect offering a blend of stability, recent improvements, and long-term upside in one of D.C.’s fastest-growing submarkets.
Essential Information
- MLS® #DCDC2192710
- Price$19,900,000
- Bathrooms0.00
- Square Footage107,343
- Acres0.88
- Year Built1964
- TypeCommercial Sale
- Sub-TypeFive Or More Units
- StatusActive
Community Information
- Address3316-3324 Wheeler Rd Se
- SubdivisionCONGRESS HEIGHTS
- CityWASHINGTON
- CountyWASHINGTON-DC
- StateDC
- Zip Code20032
Amenities
Utilities
Natural Gas Available, Electric Available
Parking
Handicap Parking, Lighted Parking, Paved Parking, Security/Monitored
Interior
- HeatingForced Air
- CoolingCentral A/C
- # of Stories3
Exterior
- ExteriorBrick and Siding
School Information
- ElementaryKING
- MiddleHART
- HighBALLOU
District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Additional Information
- Date ListedMarch 28th, 2025
- Days on Market164
- ZoningRA
Listing Details
- OfficeSamson Properties
- Office Contact(571) 378-1346
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Listing information last updated on September 7th, 2025 at 4:15am CDT.