2011 16TH Street SE, Washington, DC 20020
MULTI_FAMILY - Other - WASHINGTON, DC
- 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
Listing agent Amit Magdieli License #98367803 (202) 422-8881
Listing office Fairfax Realty Premier 10770 Columbia Pike unit: 250, Falls Church, DC (301) 439-9500
Listing date Dec 1, 2025
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
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 |
Alternative Uses
Current Use by Public Records
Map
- City
- Washington
- County
- District of Columbia
- State
- District of Columbia
- Longitude
- -76.98251
- Latitude
- 38.86501