$10,000 Closing Credit¹
#DCDC2161118, Michael J Schaeffer, Listing Office: Coldwell Banker Realty - Washington
$10,000
closing credit¹
1111 16th St NE Washington, DC 20002
$1,549,999 List price
$10,000
Closing credit¹
4,152 sqft
0.06 acres
$373 / sqft
House
Property details
About 1111 16th St NE
This well-maintained, 4-unit property presents an incredible opportunity for investors looking to generate strong returns. Situated in a thriving neighborhood with easy access to public transportation, dining, and shopping, this property offers both convenience and significant appreciation potential. High-Income Potential: Generates over $150,000 in gross annual rent with an 8% cap rate. Turnkey & Well-Maintained: The property undergoes continuous annual inspections, ensuring compliance, upkeep, and long-term value. Ideal for Investors or House-Hackers: Expand your portfolio or live in one unit while generating passive income from the others. Don’t miss this rare multi-unit gem—an investment opportunity that combines prime location, strong rental income, and long-term growth potential! Contact us today for more details.
Highlights
Home typeOther
HeatingForced Air
StatusActive
(ACTIVE)
(ACTIVE)
CoolingCentral Air
Size4,152 sqft
Lot size0.06 Acres
Year built1952
ParkingOn Street,Off Street
MLS #DCDC2176364
Summary
- MLS Number: DCDC2176364
- MLS Name: BRIGHT
- Office Name: Smart Realty, LLC
- Office Phone: (301) 252-5515
- Office Email: juancamposmatuz@gmail.com
- Listing Agent: Asila Sayedi
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/13/2025, 9:20:53 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Get an agent. Get a mortgage. Save big.¹
$1,549,999
1111 16th St NE
$10,000
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Oct 07, 2011 | Home Sold | $160,000 |
| Nov 18, 2005 | Home Sold | $570,000 |
| Jul 13, 2005 | Home Sold | $399,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $702,000 | $6,097 |
| 2022 | $643,070 | $5,466 |
| 2021 | $586,670 | $4,986 |
| 2020 | $542,620 | $4,612 |
| 2019 | $499,900 | $4,249 |
| 2018 | $441,590 | $3,753 |
| 2017 | $386,000 | $3,281 |
History based on county public records data.
Nearby schools
6
Kipp Dc - Spring Academy Public Charter School
Public Charter 1-4
0.2 mi
•1375 Mount Olivet Rd NE
3
Miner Elementary School
Public District EE-5
0.5 mi
•601 15th St NE
8
School-Within-School at Goding
Public District PK-5
0.5 mi
•704 26th St NE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $24,685. The majority of Washington, DC residents have income less than $<35k annually. Residents typically live in single, no kids family. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
66%
<35k
29%
35k-100k
4%
100k-200k
1%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
71%
Single, No Kids
19%
Single, with Kids
6%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
13%
<11 yrs old
8%
12-17 yrs old
22%
18-34 yrs old
48%
35-64 yrs old
9%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Popeyes
What do the neighbors drive?
Honda
Kia
Nissan
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
Similar homes for sale
$6,768 Closing Credit¹
#DCDC2173226, David W Barrett, Listing Office: All Service Real Estate
$9,844 Closing Credit¹
#DCDC2159302, Anna-Marie G Ashe, Listing Office: Area Real Estate
$3,918 Closing Credit¹
#DCDC2167852, Angie Hashempour, Listing Office: Hometime Realty, LLC
Backup offers
$7,422 Closing Credit¹
#DCDC2149888, Katherine Geffken, Listing Office: City Chic Real Estate
$6,768 Closing Credit¹
#DCDC2176134, David W Barrett, Listing Office: All Service Real Estate
New - 6 days on Rocket
$8,491 Closing Credit¹
#DCDC2184210, Judy G Cranford, Listing Office: Cranford & Associates
3D tour
$5,936 Closing Credit¹
#DCDC2167532, Steven T Swank Jr., Listing Office: McWilliams/Ballard, Inc.
New - 2 days on RocketVideo tour
$2,434 Closing Credit¹
#DCDC2184802, David H Park, Listing Office: TTR Sotheby's International Realty
$9,381 Closing Credit¹
#DCDC2161328, Patricia A Mosley, Listing Office: Nexttier Realty LLC
Frequently asked questions
About 1111 16th St NE
This home is located at 1111 16th St NE in Washington, DC and zip code 20002 in the Northeast neighborhood. This 4,152 square foot home, which was built in 1952, sits on a 0.06 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 30, 2025 and is currently priced at $1,549,999.
Washington, DC housing market in January 2025 saw over 87 listings sold above listed price, more than 93 sold at listed price and over 198 sold below. The number of homes for sale in Washington, DC increased by 12.1% between December and January 2025. The median list price of listings available in January 2025 was $673,815, while the average time on the real estate market was 59 days.
From Rocket Homes Real Estate and based on county public records data.