Multifamily Community in Washington,
For Sale
$16,500,000
3316-3324 WHEELER Rd SE, Washington, DC 20032
108-unit multifamily community with recent capital improvements and stable occupancy.
Property SizeContact for details
Lot Size0.88 Acres
Days on Market156
Property Features for 3316-3324 WHEELER Rd SE
General Information
Standard status
Active
Lot size
0.88 Acres
Property subtype
Commercial
Taxes and HOA fees
Annual Taxes
$14,688
Building Details
Year Built
1964
Units
108
Listing Agency:
Samson Properties
(703) 593-6976
Listed By:
Sofia A Pellegrino
(703) 593-6976
Source:
Elliman
Added: Mar 12
Changed: Aug 12
Last Checked: Aug 12 at 10:26AM
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 Samson Properties
Investment Insights
Based on property information with market context.
Located at the intersection of Wheeler Rd SE and 10th Pl SE in Washington, D.C., this multifamily community comprises 9 garden-style buildings with a total of 108 units. The property is situated one mile from the Congress Heights Metro Station, within walking distance to Harris Teeter, and a short commute to Joint Base Anacostia-Bolling, the Washington Navy Yard, and MGM National Harbor. The unit mix includes 12 one-bedroom, one-bath units, 33 two-bedroom, one-bath units, 60 three-bedroom, one-bath units, and 3 four-bedroom, one-bath units. A significant portion of the community participates in tenant-based voucher programs, providing stable occupancy. The property has undergone capital improvements within the past two years, including mechanical, electrical, and plumbing upgrades, newer windows, doors, and kitchen cabinetry, updated appliances and modern flooring, sewer line enhancements, installation of 42 high-definition security cameras, and renovated laundry rooms in each building. Seventy of the 108 units have been fully renovated between 2023 and 2025, and the exteriors of all buildings have been freshly painted. Solar panels have been installed as part of the Sustainable DC initiative.
Key Highlights
- High‑potential 108‑unit multifamily community in Washington, D.C.
- Significant capital improvements within the past two years, including major mechanical, electrical, and plumbing upgrades.
- 70 of 108 units fully renovated between 2023‑2025.**
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
823
Businesses Nearby
Explore this area
Business Placement
Demographics for 20032, DC
38,904
Population
19,708
Households
2
Avg Household Size
33
Median Age
23%
College-Educated
88%
High-School Grad
5.2 sq mi
ZIP Area
7,482
Density / Sq Mi
$48,146
Median Household Income
$44,487
Median Earnings
$1,285
Median Rent
$391,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - 108-unit multifamily community with recent capital improvements and stable occupancy.
Where is this apartment building located?
The property is located at 3316-3324 WHEELER Rd SE Washington, DC.
What is the asking price?
The asking price for this property is $16,500,000.
What are key features of this property?
This property features: High‑potential 108‑unit multifamily community in Washington, D.C.; Significant capital improvements within the past two years, including major mechanical, electrical, and plumbing upgrades.; 70 of 108 units fully renovated between 2023‑2025.**
