Renovated Four-Unit Apartment
For Sale
$799,000
2011 SE 16TH Street SE, Washington, DC 20020
Multi-Family, WASHINGTON, DC
Property Size3,416 SF
Lot Size0.09 Acres
Price / SF$233.90
Days on Market27
Property Features for 2011 SE 16TH Street SE
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Parking features
On Street
Elementary school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Middle school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
High school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Standard status
Active
Size
3,416 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
5374
Utilities
Heating system
Baseboard, Other (Heating), Electric (Heating)
Cooling system
Window Unit(s), Central Air, Ceiling Fan(s)
Amenities
updated kitchen
finished wood or composite wood floors
central air/heat
upgraded windows
Building Details
Year built
1936
Number of units
4
Building materials
Block, Brick, Concrete
Architectural style
Other
Listing Agency:
Fairfax Realty Premier
(301) 439-9500
Listed By:
Amit Magdieli · License #98367803
(703) 533-8660
Added: Sep 10
Changed: Sep 17
Last Checked: Oct 6 at 6:06AM
MLS# DCDC2282204
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.
Investment Insights
Based on property information with market context.
This 1936 quadplex contains 3,416 square feet across four residential units: three three-bedroom apartments and one two-bedroom apartment. The property is currently vacant, with updated kitchens, finished wood or composite wood flooring, upgraded windows, and a mix of heating and cooling systems that includes baseboard, electric, central air, window units, and ceiling fans. One unit has central air and heat. The building is constructed with block, brick, and concrete materials and includes on-street parking.
Set on a 3,800-square-foot lot at 2011 SE 16th Street SE in Washington, DC, the property is located in the Opportunity Zone and near multiple bus lines, retail, and commercial uses. The four-unit Certificate of Occupancy is transferable at sale, and the property is identified as having no TOPA requirements.
Set on a 3,800-square-foot lot at 2011 SE 16th Street SE in Washington, DC, the property is located in the Opportunity Zone and near multiple bus lines, retail, and commercial uses. The four-unit Certificate of Occupancy is transferable at sale, and the property is identified as having no TOPA requirements.
Key Highlights
- Four‑unit configuration with three 3BR units and one 2BR unit
- 3,416 square feet on a 3,800‑square‑foot lot
- Fully vacant property with updated kitchens, flooring, and windows
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,366
Cap Rate
7.56%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,207,320
$1.2M
Cap Rate 7%
$862,371
$862.4K
Cap Rate 9%
$670,733
$670.7K
Market Conditions
NOI Build-Up for 3,416 SF
Gross rent
$92.2K $27.00/SF
− Vacancy
−$6.0K −$1.76/SF
EGI
$86.2K $25.25/SF
− OpEx
−$25.9K −$7.57/SF
NOI
$60.4K $17.67/SF
Area
ZIP 20020
Vacancy
6.50%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,207,320
Cap Rate 7%
$862,371
Cap Rate 9%
$670,733
Alternative Uses
Best Use
Multifamily LT 5
$862.4K
$754.6K – $1.01M
NOI $60,366 @ 7.0% cap · market cap 7.56%
Second Best
Apartment 5plus
$770.4K
$674.1K – $898.8K
NOI $53,927 @ 7.0% cap · market cap 6.75%
Theoretical Best
Office A
$1.76M
$1.54M – $2.06M
NOI $123,458 @ 7.0% cap · market cap 15.45%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Lease Details
4
Residential units
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Quadplex - Vacant quadplex with updated interiors, varied unit layouts, and move-in-ready residential suites.
Where is this quadplex located?
The property is located at 2011 SE 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: Four‑unit configuration with three 3BR units and one 2BR unit; 3,416 square feet on a 3,800‑square‑foot lot; Fully vacant property with updated kitchens, flooring, and windows
