1616 ISHERWOOD ST NE, Washington, DC 20002

• 3,202 sqft

Property Description

Located in the highly desirable **Kingman Park** neighborhood of **Washington, DC**, this well-maintained **four-unit multifamily property** presents an excellent investment opportunity with strong income potential. The building currently has **one occupied unit generating guaranteed rental income**, offering immediate cash flow while leaving additional units available for future leasing or owner repositioning. All units have been **updated to current code standards**, providing peace of mind for investors seeking a turnkey or lightly managed asset. Positioned just minutes from the vibrant **Capitol Hill & H Street Corridor**, the property benefits from close proximity to some of the city’s best dining, nightlife, and retail destinations. The area continues to experience strong growth and investor interest, supported by promising **return on investment (ROI) and appreciation potential**. Additionally, the property is located near the site of the future redevelopment around **RFK Stadium**, where major revitalization plans projected for completion around 2030 are expected to further enhance neighborhood demand and long-term value. Situated on a **quiet residential block**, the property offers tenants convenient access to neighborhood amenities, shopping, parks, and transportation while maintaining a peaceful community atmosphere. With its prime location, income potential, and strong market fundamentals, this multifamily asset represents an **ideal opportunity for investors seeking both stable cash flow and long-term appreciation in one of Washington, DC’s evolving neighborhoods.** Some photos showing unit virtually staged

Listing Status:

Active

Date Added:

March 11, 2026

Data Last Updated:

May 20, 2026 at 6:16AM

Listing Office:

Real Broker, LLC : 8554500442

Listing Agent:

Norman Slye : 3024800070

MLS ID:

DCDC2249580

Interior

• General: Bathroom - Stall ShowerBathroom - Tub ShowerFloor Plan - TraditionalFloor Plan - Open
• Appliances: RefrigeratorStove
• Flooring: Ceramic tileLaminate plank
• A/C: Central A/C
• Heating: 90% Forced AirNatural Gas
• Disability Feature: None

Exterior

• General: Above GradeBelow Grade
• Style: Colonial

Construction

• Roofing: Flat
• General: BrickBrick/Mortar

Location

• Originating MLS: BRIGHT_MAIN
• School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
• County: WASHINGTON-DC

Lot

• Zoning: MULTI-FAMILY4545//0138

Utilities

• Water: Public
• Sewer: No Septic System

Financial

• Source: BRIGHT_MAIN