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    Garden-Style Multifamily Community Title is generated by Realmo AI

    3316-3324 Wheeler Road SE, Washington, DC 20032

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    For Sale
    $19,900,000

    108-unit multifamily community with recent building-wide mechanical, interior, and exterior upgrades and renovated laundry facilities.

    Type:Commercial
    Added:
    Jul 23, 2024
    Days on Market:
    693
    Last Refresh:
    Jun 11 at 2:28 am

    Property Features for 3316-3324 Wheeler Road SE

    General Information

    Standard status
    Active
    Property subtype
    Commercial

    Building Details

    Year Built
    1964

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    Listing Contact
    Sofia A Pellegrino

    Listing agent Sofia A Pellegrino

    Listing office Samson Properties

    Listing date Jul 23, 2024

    Source Deepcreeklake

    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

    HighLights

    • 108‑unit multifamily community with 9 garden‑style buildings
    • Unit mix includes 12 1BR/1BA, 33 2BR/1BA, 60 3BR/1BA, and 3 4BR/1BA units
    • Capital improvements within the past two years: major mechanical, electrical, and plumbing upgrades, newer windows/doors, kitchen cabinetry, updated appliances, and modern flooring
    • Recent renovations: 70 of 108 units renovated between 2023‑2025; exteriors of all buildings freshly painted
    • Security and laundry upgrades: 42 high‑definition security cameras and renovated laundry rooms in each building
    • Sustainability update: solar panels installed as part of the Sustainable DC initiative

    Overview

    This 108-unit multifamily property is arranged as nine garden-style buildings. 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. Renovations and systems upgrades have been completed within the past two years, including major mechanical, electrical, and plumbing work, newer windows, doors, and kitchen cabinetry, updated appliances, and modern flooring. Additional improvements include sewer line enhancements and renovated laundry rooms in each building, along with the installation of 42 high-definition security cameras. During 2023–2025, 70 units have been fully renovated, and all building exteriors have been freshly painted. Solar panels have also been installed as part of the Sustainable DC initiative.

    The community is located at the intersection of Wheeler Rd SE and 10th Pl SE in Washington, D.C. Access is supported by being about one mile from the Congress Heights Metro Station, with Harris Teeter within walking distance. The property is also positioned for commuting to Joint Base Anacostia-Bolling, the Washington Navy Yard, and MGM National Harbor.

    This asset’s practical income profile is supported by a significant portion of units participating in tenant-based voucher programs, including HCVP, GWUL, and Pathways to Housing DC. For operators and buyers, the combination of recently completed capital improvements, renovated interiors and laundry rooms, and updated building security provides a well-documented platform for managing a mixed-size household base within a stabilized, voucher-supported community.
    Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    District of Columbia
    State
    District of Columbia
    Longitude
    -76.9934419
    Latitude
    38.8413871

    FAQs

    What type of property is this?
    Apartment building - 108-unit multifamily community with recent building-wide mechanical, interior, and exterior upgrades and renovated laundry facilities.
    Where is this apartment building located?
    The property is located at 3316-3324 Wheeler Road SE Washington, DC.
    What is the asking price?
    The asking price for this property is $19,900,000.
    What are key features of this property?
    This property features: 108‑unit multifamily community with 9 garden‑style buildings; Unit mix includes 12 1BR/1BA, 33 2BR/1BA, 60 3BR/1BA, and 3 4BR/1BA units; Capital improvements within the past two years: major mechanical, electrical, and plumbing upgrades, newer windows/doors, kitchen cabinetry, updated appliances, and modern flooring
    More about this property
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