Property for Auction. For interior access please allow 3 days to schedule. ***Submit an offer through Aution's portal.*** This well-maintained, 4-unit property presents an incredible opportunity for investors looking to generate strong returns. Situated in a thriving neighborhood with easy access to public transportation, dining, and shopping, this property offers both convenience and significant appreciation potential. High-Income Potential: Generates over $150,000 in gross annual rent with an 8% cap rate. Turnkey & Well-Maintained: The property undergoes continuous annual inspections, ensuring compliance, upkeep, and long-term value. Ideal for Investors or House-Hackers: Expand your portfolio or live in one unit while generating passive income from the others. Don’t miss this rare multi-unit gem—an investment opportunity that combines prime location, strong rental income, and long-term growth potential! Contact us today for more details.
Auction
Est. $1,450,000
1111 16th St NE, Washington, DC 20002
12beds
7baths
4,152sqft
Multi Family
Built in 1952
-- sqft lot
$1,462,000 Zestimate®
$349/sqft
$-- HOA
Overview
- 92 days
- on Zillow |
- 111 |
- 6 |
Zillow last checked: 7 hours ago
Listing updated: April 11, 2025 at 07:50am
Listed by:
Asila Sayedi 703-398-9355,
Smart Realty, LLC
Source: Bright MLS,MLS#: DCDC2176364

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 12
- Bathrooms: 7
Basement
- Area: 670
Heating
- Forced Air, Electric
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 4,822
- Total interior livable area: 4,152 sqft
Property
Parking
- Parking features: On Street, Off Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 2,500 Square Feet
- Features: Unknown Soil Type
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 4077//0060
- Zoning: R4
- Special conditions: Auction
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Brick
Condition
- New construction: No
- Year built: 1952
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Washington
Financial & listing details
- Price per square foot: $349/sqft
- Tax assessed value: $706,830
- Annual tax amount: $6,229
- Date on market: 1/30/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
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