$ 1,200,000
-
$1,200,000
Price -
6
Bed -
0
Bath -
3,202
SqFt
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About the Listing REKL1 - 3100211,3217440
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 Highlights
Status
Active
Days on Site
105
Property Type
Multi-Family
MLS ®
DCDC2249580
Year Built
1932
Total Square Footage
3,202
Lot/Acreage
0.08
Interior Details
- Bedrooms: 6
- Bathrooms: 0 Full
- Appliances: Refrigerator, Stove
- Air Cond: Central A/C
- Heating: 90% Forced Air
- Fireplaces:
- Floor: Ceramic Tile,Laminate Plank
- Above Ground Sq Ft: 3202
- Below Ground Sq Ft: 0
- Basement:
- Other: Bathroom - Stall Shower,Bathroom - Tub Shower,Floor Plan - Traditional,Floor Plan - Open
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No,In City Limits
- Garage Capacity: N/A
- Zoning: MULTI-FAMILY
- Roof: Flat
- Others: Very Good
- Sewer: No Septic System
- Parking Features: On Street
Financial Details
- Tax Amount: $9,516
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
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Questions About..
1616 Isherwood St NE Washington, DC 20002
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