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Multifamily Building with 20 Units

3126 16th St NW Washington, DC 20010

3126 16th St NW, Washington, DC, 20010
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For Sale
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20-unit multifamily building available for sale in Washington, DC.

Property Size12,560 SF
Price / SF$577.23
AddedFeb 27
Days on Market139
Last RefreshJul 15 at 10:52 pm

Property Features for 3126 16th St NW

General Information

Standard status
Active
Size
12,560 SF
Property subtype
Multifamily

Building Details

Year Built
1921

Listing office ONE Street

Listing date Feb 27, 2026

Source Crexi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of ONE Street


Investment Insights

Based on property information with market context.

This multifamily property, located in Washington, DC, features 20 units. The building has a total size of 12,560 square feet. It is classified as an apartment building and a residential income property.

Key Highlights

  • Multifamily property
  • 20 Units
  • Built in 1921

Local Financial Insights For Apartment 5plus

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 $399.4k $31.80
− Vacancy −$20.0k −$1.59
EGI $379.4k $30.21
− OpEx −$170.7k −$13.59
NOI $208.7k $16.62
12,560 SF · lease $31.80/SF/yr · vacancy 5.00% · expense 45.00%

Alternative Uses

Best Use
Apartment 5plus
$2.98M
$2.61M – $3.48M (±1% cap)
NOI $208,691 @ 7.0% cap · market cap 2.88%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$6.46M
$5.65M – $7.54M (±1% cap)
NOI $452,232 @ 7.0% cap · market cap 6.24%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Apartment buildings

FAQs

What type of property is this?
Apartment building - 20-unit multifamily building available for sale in Washington, DC.
Where is this apartment building located?
The property is located at 3126 16th St NW Washington, DC.
What is the asking price?
The asking price for this property is $7,250,000.
What are key features of this property?
This property features: Multifamily property; 20 Units; Built in 1921
Contact an agent
(202) 775-4663 Call to check price and availability
More about this property
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