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Trinidad Multifamily Value-Add Opportunity

1019 16TH St NE Washington, DC 20002

1019 16TH St NE, Washington, DC, 20002
$649,999
For Sale
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$649,999

Vacant 4-unit building in prime location for renovation.

AddedApr 15
Days on Market93
Last RefreshJul 16 at 5:44 am

Property Features for 1019 16TH St NE

General Information

Standard status
Active
Property subtype
Investment

Building Details

Year Built
1940

Listing office

Listing date Apr 15, 2026

Source Elliman

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of Daniel T Crosby


Investment Insights

Based on property information with market context.

Located in Trinidad, this vacant 4-unit multifamily building presents a value-add opportunity. Each unit features 2 bedrooms and 1 full bath. The property is suitable for investors, developers, or owner-operators looking to reposition and maximize returns. The property sustained a fire in June 2025 and is being sold as-is, making it ideal for renovation, restoration, or redevelopment. There is potential for rental income, condo conversion, or long-term hold in an area experiencing growth and demand. The location provides access to public transportation, neighborhood shopping, the H Street Corridor, Union Market, Gallaudet University, Langston Golf Course, the United States National Arboretum, Route 50, and 295. The bike score is 97, the walk score is 78, and the transit score is 72.

Key Highlights

  • Fully vacant 4‑unit multifamily building: Ideal for renovation, restoration, or redevelopment.
  • Strong upside potential: Explore rental income, condo conversion, or long‑term hold.
  • Prime location in Trinidad: Convenient access to H Street Corridor, Union Market, and other attractions.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Quadplexes

FAQs

What type of property is this?
Quadplex - Vacant 4-unit building in prime location for renovation.
Where is this quadplex located?
The property is located at 1019 16TH St NE Washington, DC.
What is the asking price?
The asking price for this property is $649,999.
What are key features of this property?
This property features: Fully vacant 4‑unit multifamily building: Ideal for renovation, restoration, or redevelopment.; Strong upside potential: Explore rental income, condo conversion, or long‑term hold.; Prime location in Trinidad: Convenient access to H Street Corridor, Union Market, and other attractions.
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