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Marjorie Dick Stuart

  • Cell 240-731-8079
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1941 16th St Se, WASHINGTON, DC – $500,000

  • $500k Price
  • 3,488 Sqft
  • ½ Acres
  • 81 DOM
  • $500k Price
  • 3,488 Sqft
  • ½ Acres
  • 81 DOM

1941 16th St Se

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!

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Essential Information

  • MLS® #DCDC2206812
  • Price$500,000
  • Bathrooms0.00
  • Square Footage3,488
  • Acres0.05
  • Year Built1929
  • TypeMulti-Family
  • Sub-TypeDetached, Quad
  • StyleTraditional
  • StatusActive Under Contract

Community Information

  • Address1941 16th St Se
  • CityWASHINGTON
  • CountyWASHINGTON-DC
  • StateDC
  • Zip Code20020

Amenities

  • AmenitiesTub Shower, Entry Lvl BR

Utilities

Natural Gas Available, Sewer Available, Water Available

Interior

  • HeatingNone
  • CoolingNone

Exterior

  • ExteriorBrick and Siding
  • FoundationOther

School Information

District

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Additional Information

  • Date ListedJune 20th, 2025
  • Days on Market81
  • ZoningR-3

Listing Details

Office

Keller Williams Capital Properties

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Price Change History for 1941 16th St Se, WASHINGTON, DC (MLS® #DCDC2206812)

Date Details Price Change
Active Under Contract (from Active) – –
Price Reduced (from $750,000) $500,000 $250,000 (33.33%)

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Listing information last updated on September 10th, 2025 at 9:46am CDT.