$695,000

1018 16TH ST NE, Washington, DC 20002

  • 3,296 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1940
  • Property Lot Size Icon2,614sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $211/sqft
  • Property List Date Icon Listed 1 month ago

Property Description

PRICED TO SELL. This well-maintained, value-added four-unit building is nestled withing the redeveloped and thriving Trinidad neighborhood. Two units are vacant; two are occupied with well-paying, month-to-month tenants who have expressed no interest to purchase. Est. rent potential: $105,600.00 annually (Based on DC Fair Market Rental Rates) The building features enclosed porches, front and rear entrances and a large back lot with access to a wide alley. The owner is downsizing. Priced for quick sale, this building is a great opportunity for a first-time investor to buy and hold, or for a developer seeking to increase the FAR by adding new additions and amenities. Trinidad is a vibrant and historic Northeast Washington, D.C. neighborhood where rich heritage meets modern city living. The neighborhood features classic 20th-century brick rowhouses, lovely Victorians, and multifamily buildings on quiet, tree-lined streets just blocks away from the bustling H Street corridor for nightlife, the arts and world-class dining. It is also easily accessible via the Capital Bikeshare network, and close to the NoMa-Gallaudet U Metro Station. In addition, the property is minutes away from Union Market, the Joseph H. Cole Recreation Center, Langston Golf Course and Kingman Island.

Listing Status:
Active
Date Added:
September 7, 2026
Data Last Updated:
October 5, 2026 at 7:16AM
Listing Office:
Michel Daley Realty : 2025444445
Listing Agent:
Michel Daley : 2027443510
MLS ID:
DCDC2280250
  • General: CarpetCeiling Fan(s)Upgraded Countertops
  • Appliances: Oven/Range - GasWaterHeaterRefrigerator
  • Flooring: CarpetCeramic tileHardwood
  • A/C: None
  • Heating: Hot Water
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Dwelling with Rental
  • General: Brick
  • Originating MLS: BRIGHT_MAIN
  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • County: WASHINGTON-DC
  • Zoning: RA-14075//0174
  • Utilities: Electric availableNatural gas availableWater available
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Michel Daley , Michel Daley Realty

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

Ready to Start a VA Loan?

Get Started Veterans United Home LoansNMLS #1907  †
Interest rates used in the VA mortgage calculator are shown for illustrative purposes only. Your rate may differ based on a variety of factors, including your credit score and the current market conditions. To get your personalized interest rate, start your quote online.

Location

Similar Listings Nearby