Anacostia Quadruplex Investment
For Sale
$500,000
Pending
1941 16TH St SE, Washington, DC 20020
Four-unit property in a rapidly growing neighborhood, ideal for investors.
Property Size3,488 SF
Lot Size0.05 Acres
Days on Market173
Property Features for 1941 16TH St SE
General Information
Standard status
Pending
Size
3,488 SF
Lot size
0.05 Acres
Property subtype
Investment
Taxes and HOA fees
Annual Taxes
$5,363
Building Details
Building Size
3,488 SF
Year Built
1929
Units
4
Listing Agency:
Keller Williams Capital Properties
(202) 997-8010
Listed By:
Obiora I Menkiti · License #SP40003656
(202) 997-8010
Source:
Elliman
Added: Mar 11
Changed: Aug 8
Last Checked: Jul 23 at 12:02PM
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 Keller Williams Capital Properties
Investment Insights
Based on property information with market context.
This four-unit quadruplex presents an investment opportunity in the Anacostia neighborhood. Each unit features one bedroom and one bathroom, along with a private kitchen. The building has a valid Certificate of Occupancy for four units. The property is located one block from Martin Luther King Jr. Avenue, three blocks from the Anacostia Gateway, and near the future Anacostia Arts & Business District and I-295. Major systems, including the roof, electrical, and plumbing, were replaced in 2019. There is ample space for expansion. The property is being sold as is, with the owner making no repairs. It is suited for investors seeking cash flow or developers considering a condo conversion.
Key Highlights
- High‑potential cash flow: Projected 8%+ CAP rate achievable with stabilized rents.
- Legally compliant: Valid Certificate of Occupancy for four units.
- Major systems updated: Roof, electrical, and plumbing replaced in 2019.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,140
Businesses Nearby
Explore this area
Business Placement
Demographics for 20020, DC
51,616
Population
26,376
Households
2
Avg Household Size
34
Median Age
28%
College-Educated
89%
High-School Grad
4.6 sq mi
ZIP Area
11,221
Density / Sq Mi
$53,015
Median Household Income
$48,752
Median Earnings
$1,317
Median Rent
$442,500
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Four-unit property in a rapidly growing neighborhood, ideal for investors.
Where is this quadplex located?
The property is located at 1941 16TH St SE Washington, DC.
What is the asking price?
The asking price for this property is $500,000.
What are key features of this property?
This property features: High‑potential cash flow: Projected 8%+ CAP rate achievable with stabilized rents.; Legally compliant: Valid Certificate of Occupancy for four units.; Major systems updated: Roof, electrical, and plumbing replaced in 2019.
