2916 2ND Street SE, Washington, DC 20032
MULTI_FAMILY - Other - WASHINGTON, DC
- Added:
- May 16, 2026
- Days on Market:
- 25
- Last Refresh:
- Jun 9 at 9:06 pm
Property Features for 2916 2ND Street SE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Property condition
- Under Construction
- Parking features
- On Street
- Standard status
- Active
- Size
- 3,602 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Annual Amount
- 4116
Utilities
- Heating system
- Hot Water(Heating)
- Cooling system
- Central Air
Building Details
- Year built
- 1943
- Number of units
- 4
- Building materials
- Brick
- Architectural style
- Other
Listing agent Matthew Scott License #Sp200202229 (240) 601-1530
Listing office Samson Properties 1140 3rd Street unit: 405, Chantilly, DC (202) 938-0228
Listing date May 16, 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.
HighLights
- All‑brick property currently under construction with full gut renovation down to the studs
- New electrical, plumbing, and framing reported; heating is hot water and cooling is central air
- 4‑unit property total with 4 units currently occupied by reliable tenants
- Separately metered electric and on‑street parking
- Zoned R‑3
- Minimally positioned near Congress Heights Metro (Green Line), Joint Base Anacostia‑Bolling, Anacostia Park, and the Entertainment & Sports Arena
Overview
The asset is located at 2916 2nd Street SE in Washington, DC 20032. It is zoned R-3. The listing also notes proximity to Congress Heights Metro (Green Line), Joint Base Anacostia-Bolling, Anacostia Park, and the Entertainment & Sports Arena.
For buyers seeking a renovated income-producing property, this four-unit building is currently occupied with tenants in place. With the renovation completed and separate utility metering in place, the property may appeal to operators looking for a turn-key residential income setup. The listing further states the property is zoned for King Elementary, Charles Hart Middle School, and Ballou High School, all within the same zip code.
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 | $97.3k | $27.00 |
| − Vacancy | −$5.1k | −$1.40 |
| EGI | $92.2k | $25.60 |
| − OpEx | −$27.7k | −$7.68 |
| NOI | $64.5k | $17.92 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Washington
- County
- District of Columbia
- State
- District of Columbia
- Longitude
- -77.00521
- Latitude
- 38.84719
