2 months on rocket

1941 16th St SE, Washington, DC, 20020

$599,999

Home List Price

$7,125*

Closing Credit

0 Baths
3,488 SqFt
$172/SqFt
Multi

Location

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1941 16th St SE, Washington$599,999

Buyer Closing Credits

$7,125*

1.25% Loan Amount

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Contact Us Phone Number1 (855) 200-2001

Property Highlights

Home TypeQuadruplex
ParkingOn Street
Year Built1929
HeatingNone
CoolingNone
MLS #DCDC2162178
Lot Size0.05 Acres
StatusActive
(ACTIVE)

About 1941 16th St SE

INVESTMENT OPPORTUNITY!!! Looking to enhance your rental portfolio? Discover the potential of this 4-unit, 1-bedroom, 1-bathroom quadruplex in Anacostia. This property is ideal for investors seeking cash flow or developers eyeing a condo conversion, with potential rents of $1,500 per month per unit. Conveniently located near the upcoming Anacostia Arts & Business District and I-295, this property is being sold as-is. There is ample space for expansion, allowing for increased rental potential. Additionally, the property holds a Certificate of Occupancy as a four-unit building, ensuring compliance and legal status. This is a perfect opportunity for creative redevelopment or renovation to meet diverse investment goals. Don’t miss your chance to unlock value in a growing area!

Property Details

Property Features

Property Information:

  • Architectural Style: Traditional
  • Year Built: 1929
  • Living Area: 3,488 SqFt

Listing Office:

  • Office Name: Keller Williams Capital Properties
  • Office Phone: (202) 243-7700
  • Listing Agent: Kymber L Lovett-Menkiti

Interior Features

Interior Information:

  • Basement: No
  • Interior: Bathroom - Tub Shower, Entry Level Bedroom

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.05 Acres

Utilities

Utilities Information:

  • Heating: None
  • Cooling: None

Other

Directions Information:

  • 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

Price Information

Listing Price Info

Price Summary:

  • List Price: $599,999
  • Price Per SqFt: $172/SqFt

Tax Information:

  • Annual Amount: $4,238
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Washington, DC.

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Washington, DC

City

Med. Sold Price

$676K

Med. Price/SqFt

$511

Avg. Days On Market

43

# of Sold Homes

387

1941 16th St SE vs Washington

74 DAYS ON ROCKET

+31 Days

$599,999

-$76K Less

$172/SqFt

-$339 Less

KEY TAKEAWAY

This property is $76K less than the Median Sold Price and $339/SqFt less than other homes in Washington, DC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DCDC2162178

Listing Office:

  • Office Name: Keller Williams Capital Properties
  • Office Phone: (202) 243-7700
  • Listing Agent: Kymber L Lovett-Menkiti

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. ©2024 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: 12/18/2024, 2:20:55 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Nov 18, 2015Home Sold
$310,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,238$498,640
2019$3,836$451,390
2018$3,696$434,870
2017$2,969$437,270

History based on county public records data.

Payment Calculator

$3,062

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,865

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4339174
4
/10

  • Ketcham Elementary School

  • 1919 15th St SE

  • 0.08 miles

  • Public District Grades EE-5

school-card-donut-4339175
3
/10

  • Orr Elementary School

  • 2200 Minnesota Ave SE

  • 0.60 miles

  • Public District Grades EE-5

school-card-donut-4339176
2
/10

  • Moten Elementary School

  • 1565 Morris Rd SE

  • 0.65 miles

  • Public District Grades EE-5

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $25,476. The most common annual income of people living in Washington, DC is less than $35k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.

All data provided by Home Junction and Claritas

Rocket Homes›District of Columbia›Washington›20020›1941 16th St SE

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. It has been listed on Rocket Homes since October 04, 2024 and is currently priced at $599,999.

In November 2024, from all listings sold in Washington, DC there were more than 85 sold above asking price, over 219 sold below and more than 83 were sold right at the asked price. The inventory of homes for sale in Washington, DC between October 2024 and November 2024 increased by 4.8%. While the average time on the market in November 2024 was 43 days, the median list price was $676,027.

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

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