2204 16TH Street SE Washington, DC 20020
MULTI_FAMILY - Colonial - WASHINGTON, DC
- Added:
- May 28, 2026
- Days on Market:
- 48
- Last Refresh:
- Jul 14 at 10:06 am
Property Features for 2204 16TH Street SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Standard status
- Active
- Size
- 1,520 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4961
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1942
- Number of units
- 2
- Building materials
- Brick
- Architectural style
- Colonial
Listing agent Jonathan S Lahey License #SP98369515 (301) 281-6981
Listing office EXP Realty, LLC 401 Washington Street unit: 600, National Harbor, DC (888) 860-7369
Listing date May 28, 2026
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.
The home is located in Randle Heights, Washington, DC, near Pennsylvania Ave SE. Public remarks also cite proximity to neighborhood parks and to the dining and retail scene in Anacostia, which can be convenient for tenants or for an owner who plans to live on one level and manage the other.
For tenants or buyers, the configuration is straightforward: two complete 2-bedroom apartments in one property with separate HVAC systems can support an owner-occupant model or a more traditional rental approach. With independent utilities and public water and sewer, the building is designed to keep everyday operations simple across both units.
Key Highlights
- Brick Colonial 2‑unit rowhome built in 1942
- 1st floor unit: 2BR/1BA with fully independent heating and central air
- 2nd floor unit: 2BR/1BA with fully independent heating and central air
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 | $41.0k | $27.00 |
| − Vacancy | −$2.7k | −$1.76 |
| EGI | $38.4k | $25.25 |
| − OpEx | −$11.5k | −$7.57 |
| NOI | $26.9k | $17.67 |
