2916 2ND Street SE Washington, DC 20032
MULTI_FAMILY - Other - WASHINGTON, DC
Property Features for 2916 2ND Street SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Parking features
- On Street
- Standard status
- Active
- Size
- 3,602 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4116
Utilities
- Heating system
- Hot Water(Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1943
- Number of units
- 4
- Building materials
- Brick
- Architectural style
- Other
Listing agent Matthew Scott License #Sp200202229 (240) 601-1530
Listing office Samson Properties 1140 3rd Street unit: 405, Chantilly, DC (202) 938-0228
Listing date May 16, 2026
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.
Investment Insights
Based on property information with market context.
The property is located in Washington, DC 20032 and is zoned R-3. The home is described as being minutes from Congress Heights Metro (Green Line), Joint Base Anacostia-Bolling, Anacostia Park, and the Entertainment & Sports Arena. DC public school attendance zoning referenced in the remarks includes King Elementary, Charles Hart Middle School, and Ballou High School.
For buyers seeking a turnkey small multifamily with current occupancy, the four units are stated to be occupied with tenants in place. One unit is described as a spacious four-bedroom layout, which may appeal to households looking for additional bedroom space. Seller concessions are noted as available to help reduce out-of-pocket costs at closing; details are available through the listing agent.
Key Highlights
- All‑brick building with 4 total units, currently under construction with a full gut renovation down to the studs
- Renovation includes new electrical, plumbing, and framing; property condition listed as under construction
- Central air and hot water heating; separately metered electric
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $97.3k | $27.00 |
| − Vacancy | −$5.1k | −$1.40 |
| EGI | $92.2k | $25.60 |
| − OpEx | −$27.7k | −$7.68 |
| NOI | $64.5k | $17.92 |
