1010-1012 16th St Ne, Washington, DC 20002

Washington
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
1010-1012 16th St Ne,Washington, DC 20002
$745,000
  • 6 Beds
  • - Baths
  • - sq. ft.
  • Multi-family
  • Pending
Listed by: ivory nana frimpong
Office: samson properties
MLS#:DCDC2259674
Source:BRIGHTMLS

Price summary

  • Price:$745,000

About this home

Prime corner-lot multifamily opportunity (1010 & 1012 16th St NE) positioned directly in the path of growth. This 6-unit asset spans across two buildings and features (6) spacious 1BD/1BA + den layouts, each with the potential to be converted into 2-bedroom units—unlocking significant rental upside. At full optimization, Section 8 rents are projected up to $2,545 for 2-bedroom units at this address. The property currently contains 3 vacant units and 3 occupied units at below-market rents. The (3) occupied units are all on month-to-month leases. This asset offers immediate value-add through lease-up and strategic repositioning. Projected stabilized NOI is approximately $95,662+ (pro forma available upon request). Located in Trinidad, the property is within 0.6 miles of the H Street Corridor and approximately 1.0 mile from the Union Market District, a rapidly expanding mixed-use hub with over $2B+ in investment. The asset is also 0.8 miles to Gallaudet University and 1.2 miles to the...

Contact an agent

contact an agent

Yes, I would like more information. Please use and/or share my information with a BHGRE®  affiliated agent to contact me about my real estate needs. By clicking Send message, I request to be contacted by phone or text message and consent to being contacted by automated means. I understand that my consent to receive calls or texts is not a condition of purchasing any property, goods, or services. Alternatively, I understand that I can access real estate services by email or I can contact the agent myself.

If a BHGRE®  affiliated agent is not available in the area where I need assistance, I agree to be contacted by a real estate agent affiliated with another brand owned or licensed by Anywhere Real Estate (CENTURY 21® , Coldwell Banker® , Corcoran® , ERA® , Sotheby's International Realty® ). I acknowledge that I have read and agree to theTerms of useandPrivacy notice

Home facts

  • Year built:1940
  • Listing ID #:DCDC2259674
  • Added:93 day(s) ago
  • Updated:August 06, 2026 at 08:20 AM

Rooms and interior

  • Bedrooms:6

Heating and cooling

  • Cooling:Window Unit(s)
  • Heating:Natural Gas, Radiator

Structure and exterior

  • Year built:1940
  • Lot area:0.09 Acres
  • Architectural Style:Dwelling with Rental
  • Construction Materials:Brick

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$745,000
  • Tax amount:$5,178 (2025)

Parking

  • Parking description:Off Street

New listings near 1010-1012 16th St Ne