1616 Isherwood Street Northeast Washington, DC 20002
Four-unit property in desirable location with income potential.
Property Features for 1616 Isherwood Street Northeast
General Information
- Standard status
- Active
- Size
- 3,202 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1932
Listing office Real Broker, LLC (302) 480-0070
Listing date Mar 10, 2026
Source Compass
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Investment Insights
Based on property information with market context.
Key Highlights
- Strong income potential with one unit generating guaranteed rental income.
- Prime location in Kingman Park, minutes from Capitol Hill & H Street Corridor.
- Proximity to the future RFK Stadium redevelopment project.
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 | $92.2k | $28.80 |
| − Vacancy | −$5.1k | −$1.58 |
| EGI | $87.1k | $27.22 |
| − OpEx | −$26.1k | −$8.16 |
| NOI | $61.0k | $19.05 |