Investment opportunity! A tremendous chance to purchase, renovate, and stabilize this 4-unit, 1-bedroom/1-bathroom quadruplex in the heart of Anacostia—ideal for investors seeking strong cash flow or developers eyeing a condo conversion. Each unit includes a private kitchen, and the building holds a valid Certificate of Occupancy for four units, ensuring legal compliance and flexibility. With potential rents of \$1,500 per unit, the property offers an excellent path to achieving an 8% or higher CAP rate once stabilized. Major systems—including the roof, electrical, and plumbing—were replaced in 2019, so the building now only needs interior cosmetic renovations. There’s also ample space for expansion, adding even more long-term upside. Located just one block from Martin Luther King Jr. Avenue, three blocks from the Anacostia Gateway, and near the future Anacostia Arts & Business District and I-295, this property sits in a rapidly growing neighborhood with tremendous rental demand. Sold strictly as is. Owner will make no repairs. Don't miss this opportunity to unlock serious value and long-term returns in one of DC’s most promising neighborhoods!
Under contract
$500,000
1941 16th St SE, Washington, DC 20020
4beds
--baths
3,488sqft
Quadruplex
Built in 1929
-- sqft lot
$-- Zestimate®
$143/sqft
$-- HOA
What's special
Interior cosmetic renovationsPrivate kitchen
- 377 days |
- 10 |
- 0 |
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Joe Martin 561-716-5970,
Keller Williams Capital Properties,
Listing Team: Mg Residential, Co-Listing Team: Mg Residential,Co-Listing Agent: Obiora I Menkiti 202-997-8010,
Keller Williams Capital Properties
Source: Bright MLS,MLS#: DCDC2206812
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Basement
- Area: 1224
Heating
- None, Natural Gas
Cooling
- None, Electric
Features
- Bathroom - Tub Shower, Entry Level Bedroom, Dry Wall
- Flooring: Carpet, Hardwood
- Doors: Double Entry
- Has fireplace: No
Interior area
- Total structure area: 3,672
- Total interior livable area: 3,488 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 2,256 Square Feet
- Features: Unknown Soil Type
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 5766//0810
- Zoning: R-3
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Traditional
- Property subtype: Quadruplex
Materials
- Brick
- Foundation: Other
Condition
- Below Average
- New construction: No
- Year built: 1929
- Major remodel year: 2019
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Natural Gas Available, Sewer Available, Water Available
Community & HOA
Community
- Security: Main Entrance Lock
Location
- Region: Washington
Financial & listing details
- Price per square foot: $143/sqft
- Tax assessed value: $647,280
- Annual tax amount: $5,363
- Date on market: 6/20/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Private Financing Available
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
$4,092/mo
Price history
| Date | Event | Price |
|---|---|---|
| 9/8/2025 | Contingent | $500,000$143/sqft |
Source:  Bright MLS #DCDC2206812 Report a problem | ||
| 9/4/2025 | Price change | $500,000-33.3%$143/sqft |
Source: Bright MLS #DCDC2206812 Report a problem | ||
| 6/20/2025 | Listed for sale | $750,000+57.9%$215/sqft |
Source: Bright MLS #DCDC2206812 Report a problem | ||
| 4/29/2025 | Listing removed | $475,000$136/sqft |
Source: Bright MLS #DCDC2176908 Report a problem | ||
| 3/4/2025 | Listed for sale | $475,000-20.8%$136/sqft |
Source: Bright MLS #DCDC2176908 Report a problem | ||
| 1/31/2025 | Listing removed | $599,999$172/sqft |
Source: Bright MLS #DCDC2162178 Report a problem | ||
| 10/4/2024 | Listed for sale | $599,999+4.3%$172/sqft |
Source: Bright MLS #DCDC2162178 Report a problem | ||
| 8/12/2024 | Listing removed | -- |
Source: Bright MLS #DCDC2139236 Report a problem | ||
| 7/22/2024 | Listed for sale | $575,000$165/sqft |
Source: Bright MLS #DCDC2139236 Report a problem | ||
| 7/18/2024 | Contingent | $575,000$165/sqft |
Source: Bright MLS #DCDC2139236 Report a problem | ||
| 5/10/2024 | Price change | $575,000-4.2%$165/sqft |
Source: Bright MLS #DCDC2139236 Report a problem | ||
| 4/29/2024 | Listed for sale | $600,000+93.5%$172/sqft |
Source: Bright MLS #DCDC2139236 Report a problem | ||
| 11/18/2015 | Sold | $310,000$89/sqft |
Source: Public Record Report a problem | ||
| 9/4/2015 | Listed for sale | $310,000-4.6%$89/sqft |
Source: Fairfax Realty Inc. #DC8739738 Report a problem | ||
| 3/25/2015 | Listing removed | $325,000$93/sqft |
Source: Essential Properties Realty Brokerage, Inc. #DC8138625 Report a problem | ||
| 7/20/2013 | Listed for sale | $325,000-26.1%$93/sqft |
Source: Essential Properties Realty Brokerage, Inc. #DC8138625 Report a problem | ||
| 1/2/2013 | Listing removed | $440,000$126/sqft |
Source: Essential Properties Realty Brokerage, Inc. #DC7762039 Report a problem | ||
| 5/4/2012 | Listed for sale | $440,000$126/sqft |
Source: Essential Properties Realty Brokerage, Inc. #DC7762039 Report a problem | ||
| 3/9/2012 | Listing removed | $440,000$126/sqft |
Source: Essential Properties Realty Brokerage, Inc. #DC7762039 Report a problem | ||
| 1/27/2012 | Listed for sale | $440,000+1741%$126/sqft |
Source: Essential Properties Realty Brokerage, Inc. #DC7762039 Report a problem | ||
| 2/9/1996 | Sold | $23,900-67.5%$7/sqft |
Source: Public Record Report a problem | ||
| 8/28/1995 | Sold | $73,525$21/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $5,502 +2.6% | $647,280 +2.6% |
| 2024 | $5,363 +5% | $630,980 +5% |
| 2023 | $5,108 +7.8% | $600,960 +7.8% |
| 2022 | $4,737 +8.6% | $557,320 +8.6% |
| 2021 | $4,363 +2.9% | $513,320 +2.9% |
| 2020 | $4,238 +14.7% | $498,640 +14.7% |
| 2018 | $3,696 +24.5% | $434,870 -0.5% |
| 2017 | $2,969 -51.4% | $437,270 +109.2% |
| 2016 | $6,113 +288.2% | $208,980 +12.8% |
| 2015 | $1,575 +9.3% | $185,260 +9.3% |
| 2014 | $1,441 -5.8% | $169,530 -5.8% |
| 2013 | $1,530 -17.4% | $180,010 -17.4% |
| 2012 | $1,854 | $218,060 |
| 2011 | $1,854 -24.2% | $218,060 -24.2% |
| 2010 | $2,446 -7.6% | $287,710 -7.6% |
| 2009 | $2,648 -58.6% | $311,480 +43% |
| 2007 | $6,402 +321.1% | $217,770 +31.8% |
| 2006 | $1,521 | $165,280 |
Find assessor info on the county website
Monthly payment
Est. payment$--/mo
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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Climate risks
Neighborhood: Anacostia
Nearby schools
GreatSchools rating
- 2/10Ketcham Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 3/10Kramer Middle SchoolGrades: 6-8Distance: 0.4 mi
- 3/10Anacostia High SchoolGrades: 9-12Distance: 0.3 mi
Schools provided by the listing agent
- District: District Of Columbia Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
A local agent can set up tours, give advice and negotiate with sellers.
- Washington, DC
- District of Columbia
- Washington
- 20020
- Anacostia
- 1941 16th St SE
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Nearby neighborhoods
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