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    Renovated Four-Unit Building in Anacostia Title is generated by Realmo AI

    2011 16TH Street SE, Washington, DC 20020

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    For Sale
    $799,000

    MULTI_FAMILY - Other - WASHINGTON, DC

    Property size:
    3,416 SF
    Lot size:
    0.09 Acres
    Price / SF:
    $233/SF
    Added:
    Dec 1, 2025
    Days on Market:
    195
    Last Refresh:
    Jun 14 at 7:06 pm

    Property Features for 2011 16TH Street SE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    On Street
    Standard status
    Active
    Size
    3,416 SF
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Annual Amount
    5576

    Utilities

    Heating system
    Electric (Heating), Baseboard, Forced Air, Central
    Cooling system
    Central Air, Window Unit(s)

    Building Details

    Year built
    1936
    Number of units
    4
    Building materials
    Concrete, Copper Plumbing, CPVC/PVC, Stone, Vinyl Siding, Brick
    Architectural style
    Other

    We can help!

    Listing Contact
    Amit Magdieli

    Listing agent Amit Magdieli License #98367803

    Listing office Fairfax Realty Premier 10770 Columbia Pike unit: 250, Falls Church, DC

    Listing date Dec 1, 2025

    MLS# DCDC2233150 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.

    HighLights

    • Fully vacant 4‑unit property with no TOPA; ready for tenants or owner occupancy
    • Unit mix: three 3BR units and one 2BR unit
    • Completely renovated; each unit includes an updated kitchen and finished wood or composite wood floors
    • Includes Central Air/Central heating in one unit, plus upgraded windows
    • Stand‑alone building on a deep 3,800 SF lot; parking on street
    • When fully rented, gross rents were $89,000/yr and an 8% cap rate was reported; in an Opportunity Zone (OZ) and C of O transferrable

    Overview

    This four-unit property in Historic Anacostia presents an investment opportunity. The building features three 3-bedroom units and one 2-bedroom unit, all of which have been completely renovated and are move-in ready. Gross rents were previously $89,000 per year when fully rented. Each unit includes an updated kitchen, finished wood or composite wood floors, and upgraded windows. One unit has central air and heat. The stand-alone building is situated on a 3,800 square foot lot, offering opportunities for further development. Located in an Opportunity Zone (OZ), the property is a few blocks from downtown Anacostia, near multiple bus lines, retail, and commercial areas, amidst ongoing neighborhood development. The four-unit Certificate of Occupancy (C of O) is transferable at sale. The property size is 3,416 square feet.

    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 $27.00
    − Vacancy −$6.0k −$1.76
    EGI $86.2k $25.25
    − OpEx −$25.9k −$7.57
    NOI $60.4k $17.67
    3,416 SF · lease $27.00/SF/yr · vacancy 6.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $862.4K
    $754.6K – $1.01M (±1% cap)
    NOI $60,366 @ 7.0% cap · market cap 7.56%
    Second Best
    Apartment 5plus
    $770.4K
    $674.1K – $898.8K (±1% cap)
    NOI $53,927 @ 7.0% cap · market cap 6.75%
    Theoretical Best
    Office A
    $1.76M
    $1.54M – $2.06M (±1% cap)
    NOI $123,458 @ 7.0% cap · market cap 15.45%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Washington
    County
    District of Columbia
    State
    District of Columbia
    Longitude
    -76.98251
    Latitude
    38.86501

    FAQs

    What type of property is this?
    Quadplex - Fully renovated, vacant four-unit property in Historic Anacostia.
    Where is this quadplex located?
    The property is located at 2011 16TH Street SE Washington, DC.
    What is the asking price?
    The asking price for this property is $799,000.
    What are key features of this property?
    This property features: Fully vacant 4‑unit property with no TOPA; ready for tenants or owner occupancy; Unit mix: three 3BR units and one 2BR unit; Completely renovated; each unit includes an updated kitchen and finished wood or composite wood floors
    More about this property
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