
1111 16th St NE Washington, DC 20002
Trinidad NeighborhoodEstimated payment $8,613/month
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,229
Year Built
- Built in 1952
Lot Details
- 2,500 Sq Ft Lot
Home Design
- Brick Exterior Construction
Parking
- On-Street Parking
- Off-Street Parking
Utilities
- Forced Air Heating and Cooling System
- Electric Water Heater
Community Details
- 4 Units
Listing and Financial Details
- Tax Lot 60
- Assessor Parcel Number 4077//0060
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
04/11/2025 04/11/25 | Price Changed | $1,450,000 | -3.3% | $349 / Sq Ft |
03/21/2025 03/21/25 | Price Changed | $1,499,900 | -3.2% | $361 / Sq Ft |
01/30/2025 01/30/25 | For Sale | $1,549,999 | -- | $373 / Sq Ft |
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Source: Bright MLS
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