$1,200,000

1616 ISHERWOOD ST NE, Washington, DC 20002

  • 3,202 sqft
  • Property Icon Multi-Family Home
  • Property Year Built Icon Built in 1932
  • Property Lot Size Icon3,485sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $375/sqft
  • Property List Date Icon Listed 3 months ago

Property Description

Located in Kingman Park, one of Northeast DC's most consistently appreciating neighborhoods, 1616 Isherwood Street NE is a four-unit multifamily property offering a rare combination of immediate income, repositioning upside, and long-term location premium. The property currently has one Section 8 / HCV-subsidized unit generating guaranteed rental income, providing a stable income floor while three vacant units present a significant lease-up opportunity for the right investor. All units have been updated to current code standards. Positioned just minutes from Capitol Hill, the H Street Corridor, and the future RFK Stadium redevelopment site — a transformative mixed-use project projected to activate hundreds of acres along the Anacostia waterfront by 2030 — the property sits at the intersection of established neighborhood demand and catalytic long-term growth. Investors who moved early on H Street and NoMa know what proximity to a project of this scale means for appreciation curves. The building occupies a quiet residential block with convenient access to dining, retail, parks, and transit, making it naturally appealing to the professional renter profile this submarket consistently attracts. Select units virtually staged. Rent roll available upon request. An income-producing asset with room to run — in a corridor where the trajectory is already written.

Listing Status:
Active
Date Added:
March 11, 2026
Data Last Updated:
July 5, 2026 at 4:18PM
Listing Office:
Real Broker, LLC : 8554500442
Listing Agent:
Norman Slye : 3024800070
MLS ID:
DCDC2249580
  • 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
  • General: Above GradeBelow Grade
  • Style: Colonial
  • Roofing: Flat
  • General: BrickBrick/Mortar
  • Originating MLS: BRIGHT_MAIN
  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • County: WASHINGTON-DC
  • Zoning: MULTI-FAMILY4545//0138
  • Water: Public
  • Sewer: No Septic System
  • Source: BRIGHT_MAIN

This listing courtesy of Norman Slye , Real Broker, LLC

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