1010-1012 16TH Street NE, Washington, DC 20002

Building Details

Year built

1940

Number of units

4

Building materials

Brick

Architectural style

Other

Listing agent ivory nana frimpong Show Phone

Listing office Samson Properties d***@samsonproperties.net 1140 3rd Street unit: 405, Chantilly, DC Show Phone

Listing date May 4, 2026

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MLS# DCDC2259674 Listing URL

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Overview

This multifamily property, located on a prime corner lot, features six units across two buildings. Each unit has a spacious one-bedroom, one-bathroom layout with a den, offering the potential to convert them into two-bedroom units. Located in Trinidad, the property is positioned within 0.6 miles of the H Street Corridor and approximately 1.0 mile from the Union Market District. The asset is also 0.8 miles to Gallaudet University and 1.2 miles to the NoMa submarket. The property currently contains three vacant units and three occupied units on month-to-month leases, presenting immediate value-add opportunities through lease-up and strategic repositioning. The property is also approximately 1 mile from the planned Washington Commanders stadium redevelopment at the RFK site. At full optimization, Section 8 rents are projected up to $2,545 for two-bedroom units at this address. The continued eastward expansion of Union Market and NoMa into Trinidad has supported strong rent growth and long-term appreciation in the area. The lot size is 0.0874 acres.

Map

City

Washington

County

District of Columbia

State

District of Columbia

Longitude

-76.98243

Latitude

38.90355

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FAQs

What type of property is this?

Apartment building - Six-unit multifamily property with value-add potential in Trinidad neighborhood.

Where is this apartment building located?

The property is located at 1010-1012 16TH Street NE Washington, DC.

What is the asking price?

The asking price for this property is $745,000.

What are key features of this property?

This property features: Significant rental upside potential by converting 1BD/1BA + den units into 2‑bedroom units.; Immediate value‑add opportunity through lease‑up of vacant units and repositioning occupied units with below‑market rents.; Projected stabilized NOI of $95,662+ (pro forma available upon request).