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Two-Unit Residential Income Building

1105 16TH Street NE Washington, DC 20002

Claim this Listing
New
For Sale
$475,000

MULTI_FAMILY - Federal - WASHINGTON, DC

Property size:
1,254 SF
Lot size:
0.04 Acres
Price / SF:
$378.79/SF
Added:
Jul 10, 2026
Days on Market:
5
Last Refresh:
Jul 14 at 7:06 am

Property Features for 1105 16TH Street NE

General Information

Property type
Residential Multi Family
Property subtype
Other
Parking
3
Parking features
Fenced, Driveway, Off Street
Standard status
Active
Size
1,254 SF
Lot size
0.04 Acres

Taxes and HOA fees

Tax Annual Amount
4385

Utilities

Heating system
Central
Cooling system
Wall Unit(s)

Building Details

Year built
1950
Number of units
2
Building materials
Brick
Architectural style
Federal

Listing agent Kathleen M Eder License #AB98357867

Listing office Compass 5471 WISCONSIN Avenue unit: 300, WASHINGTON, DC

Listing date Jul 10, 2026

MLS# DCDC2272168 Listing URL

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.

This two-unit residential income building offers two move-in ready 1-bedroom, 1-bath apartments. The interior updates include wood floors and fresh paint inside and out. A new exterior fence has also been added, improving the property’s overall condition and privacy.

Parking is available in the rear for three cars. The property is located in Washington, DC, and is described as within walking distance to cafes, restaurants, and shops along the H Street corridor.

Each unit is configured as a 1-bedroom, 1-bath home, giving the building a straightforward duplex layout for residential rental use.

Key Highlights

  • Two‑unit building with two 1‑bedroom, 1‑bath units
  • Brick construction with Federal architectural style
  • Central heating with wall A/C units

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 $36.1k $28.80
− Vacancy −$2.0k −$1.58
EGI $34.1k $27.22
− OpEx −$10.2k −$8.16
NOI $23.9k $19.05
1,254 SF · lease $28.80/SF/yr · vacancy 5.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$341.3K
$298.6K – $398.2K (±1% cap)
NOI $23,890 @ 7.0% cap · market cap 5.03%
Second Best
Apartment 5plus
$305.0K
$266.9K – $355.8K (±1% cap)
NOI $21,349 @ 7.0% cap · market cap 4.49%
Theoretical Best
Office A
$647.4K
$566.5K – $755.4K (±1% cap)
NOI $45,321 @ 7.0% cap · market cap 9.54%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

FAQs

What type of property is this?
Duplex - Two move-in ready 1-bedroom, 1-bath units with updated interiors, plus rear parking for three cars.
Where is this duplex located?
The property is located at 1105 16TH Street NE Washington, DC.
What is the asking price?
The asking price for this property is $475,000.
What are key features of this property?
This property features: Two‑unit building with two 1‑bedroom, 1‑bath units; Brick construction with Federal architectural style; Central heating with wall A/C units
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