$750,000

1941 16th St SE Washington, DC 20020

$8,906
Closing credit¹
3,488 sqft
0.05 acres
$215 / sqft
Multi-Family

Property details

About 1941 16th St SE

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!

Highlights

Home typeQuadruplex
StatusActive
(ACTIVE)
Size3,488 sqft
Lot size0.05 Acres
Year built1929
ParkingOn Street
MLS #DCDC2206812

Summary

  • Flooring Type: Carpet, Hardwood
  • Interior: Bathroom - Tub Shower, Entry Level Bedroom
  • Parking: On Street
  • Architectural Style: Traditional
  • Heating: None
  • Cooling: None
  • List Price: $750,000
  • Price/SqFt: $215
  • Annual Tax Amount: $5,235
  • Tax Year: 2023
  • Directions: Follow I-495 E/Capital Beltway, Baltimore-Washington Pkwy and State Hwy 295 to Martin Luther King Jr Ave SE in Washington. Take exit 1B-C from State Hwy 295 then Take Marion Barry Ave SE to your destination
  • Year Built: 1929
  • Living Area: 3,488 SqFt
  • Lot Size: 0.05 Acres
  • MLS Number: DCDC2206812
  • MLS Name: BRIGHT
  • Office Name: Keller Williams Capital Properties
  • Office Phone: (202) 243-7700
  • Listing Agent: Joseph Ewing Martin Jr.
  • Agent Phone: (561) 716-5970
  • Agent Email: joe@menkitigroup.com

IDX 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: 6/20/2025, 11:45:39 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

1941 16th St SE, Washington, DC 20020 - view of front facade with brick siding and covered porch

$750,000

1941 16th St SE

$8,906

closing credit¹

Sell your home with Rocket and save even more!

Seller rebate

0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 18, 2015
Home Sold
$310,000

Tax history

YearAssessmentProperty Tax
2023$600,960$5,235
2022$557,320$4,737
2021$513,320$4,363
2020$498,640$4,238
2019$451,390$3,836
2018$434,870$3,696
2017$437,270$2,968

History based on county public records data.

Nearby schools

4

Ketcham Elementary School

Public District EE-5

0.1 mi

1919 15th St SE

3

Orr Elementary School

Public District EE-5

0.6 mi

2200 Minnesota Ave SE

2

Moten Elementary School

Public District EE-5

0.6 mi

1565 Morris Rd SE

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $25,476. Residents of Washington, DC typically earn less than $<35k each year. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

56%
<35k
39%
35k-100k
5%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

56%
Single, No Kids
32%
Single, with Kids
6%
Married, No Kids
6%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

22%
<11 yrs old
10%
12-17 yrs old
26%
18-34 yrs old
35%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Mexican League SoccerMexican League Soccer
  • Major League Soccer (MLS)Major League Soccer (MLS)

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • Little CaesarsLittle Caesars

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • DodgeDodge

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
All data provided by Home Junction and Claritas

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Frequently asked questions

About 1941 16th St SE

The listing price of 1941 16th St SE property is $750,000.

The property 1941 16th St SE is a multi located in Washington, undefined, 20020.

Active Listing: 1941 16th St SE is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 1941 16th St SE are: Ketcham Elementary School (GreatSchools Rating 4/10), Orr Elementary School (GreatSchools Rating 3/10), Moten Elementary School (GreatSchools Rating 2/10), Kramer Middle School (GreatSchools Rating 2/10), Kipp Dc - Aim Academy Public Charter School (GreatSchools Rating 6/10), Excel Academy (GreatSchools Rating 3/10), Anacostia High School (GreatSchools Rating 4/10), Thurgood Marshall Academy Public Charter School (GreatSchools Rating 5/10), Friendship Public Charter School - Technology Preparatory High School (GreatSchools Rating 9/10).

According to the records, the last property tax for 2023 is $5,235 (source: MLS/based on county public records data).

The last sale was on November 18, 2015 for $310,000 (source: MLS/tax record).

The property 1941 16th St SE is 3,488 SqFt (source: MLS/tax record).

The year of construction for 1941 16th St SE is 1929.

This home is located at 1941 16th St SE in Washington, DC and zip code 20020 in the Southeast neighborhood. This 3,488 square foot home, which was built in 1929, sits on a 0.05 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since June 20, 2025 and is currently priced at $750,000.

The number of listings in Washington, DC increased by 52.7% between April and May 2025. Listings spent 78 days on the market in May 2025, and had a median list price of $634,869 during the same period.

From Rocket Homes Real Estate and based on county public records data.

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