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Garden-Style Multifamily Community
For Sale
$19,900,000

3316-3324 Wheeler Road SE, Washington, DC 20032

108-unit multifamily community with recent building-wide mechanical, interior, and exterior upgrades and renovated laundry facilities.

Days on Market499

Property Features for 3316-3324 Wheeler Road SE

General Information

Standard status Active
Property subtype Commercial

Additional Details

Multifamily Units 108

Building Details

Year Built 1964
Year Renovated 2025
Listing Agency: Samson Properties
Listed By: Sofia A Pellegrino
Source: Deepcreeklake
Added: Mar 19, 2025 Changed: Jul 10 Last Checked: Jul 29 at 5:04PM

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 Samson Properties

Investment Insights

Based on property information with market context.

This 108-unit multifamily property is arranged as nine garden-style buildings. The unit mix includes 12 one-bedroom, one-bath units, 33 two-bedroom, one-bath units, 60 three-bedroom, one-bath units, and 3 four-bedroom, one-bath units. Renovations and systems upgrades have been completed within the past two years, including major mechanical, electrical, and plumbing work, newer windows, doors, and kitchen cabinetry, updated appliances, and modern flooring. Additional improvements include sewer line enhancements and renovated laundry rooms in each building, along with the installation of 42 high-definition security cameras. During 2023–2025, 70 units have been fully renovated, and all building exteriors have been freshly painted. Solar panels have also been installed as part of the Sustainable DC initiative.

The community is located at the intersection of Wheeler Rd SE and 10th Pl SE in Washington, D.C. Access is supported by being about one mile from the Congress Heights Metro Station, with Harris Teeter within walking distance. The property is also positioned for commuting to Joint Base Anacostia-Bolling, the Washington Navy Yard, and MGM National Harbor.

This asset’s practical income profile is supported by a significant portion of units participating in tenant-based voucher programs, including HCVP, GWUL, and Pathways to Housing DC. For operators and buyers, the combination of recently completed capital improvements, renovated interiors and laundry rooms, and updated building security provides a well-documented platform for managing a mixed-size household base within a stabilized, voucher-supported community.

Key Highlights

  • 108‑unit multifamily community with 9 garden‑style buildings
  • Unit mix includes 12 1BR/1BA, 33 2BR/1BA, 60 3BR/1BA, and 3 4BR/1BA units
  • Capital improvements within the past two years: major mechanical, electrical, and plumbing upgrades, newer windows/doors, kitchen cabinetry, updated appliances, and modern flooring

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Spa & Massage Center Real Estate Agency Restaurant Nail Salon Skin Care Clinic

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

108
Residential units

Location Intelligence

Trade Area within ½ mile

823
Businesses Nearby

Demographics for 20032, DC

38,904
Population
19,708
Households
2
Avg Household Size
33
Median Age
23%
College-Educated
88%
High-School Grad
5.2 sq mi
ZIP Area
7,482
Density / Sq Mi
$48,146
Median Household Income
$44,487
Median Earnings
$1,285
Median Rent
$391,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - 108-unit multifamily community with recent building-wide mechanical, interior, and exterior upgrades and renovated laundry facilities.
Where is this apartment building located?
The property is located at 3316-3324 Wheeler Road SE Washington, DC.
What is the asking price?
The asking price for this property is $19,900,000.
What are key features of this property?
This property features: 108‑unit multifamily community with 9 garden‑style buildings; Unit mix includes 12 1BR/1BA, 33 2BR/1BA, 60 3BR/1BA, and 3 4BR/1BA units; Capital improvements within the past two years: major mechanical, electrical, and plumbing upgrades, newer windows/doors, kitchen cabinetry, updated appliances, and modern flooring
More about this property
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