1616 ISHERWOOD ST NE, Washington, DC 20002
1616 ISHERWOOD ST NE, Washington, DC 20002
1616 ISHERWOOD ST NE, Washington, DC 20002
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Listed by Norman Slye • Real Broker, LLC
$1,200,000
Est. payment /mo
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3,202 SqFt
Active

1616 ISHERWOOD ST NE Washington, DC 20002

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Key Details

Property Type Multi-Family, Townhouse

Sub Type Interior Row/Townhouse

Listing Status Active

Purchase Type For Sale

Square Footage 3,202 sqft

Price per Sqft $374

Subdivision Kingman Park

MLS Listing ID DCDC2249580

Style Colonial

Abv Grd Liv Area 3,202

Year Built 1932

Available Date 2026-03-11

Annual Tax Amount $9,516

Tax Year 2025

Lot Size 3,400 Sqft

Acres 0.08

Property Sub-Type Interior Row/Townhouse

Source BRIGHT

Property Description

Located in the highly desirable **Kingman Park** neighborhood of **Washington, DC**, this well-maintained **four-unit multifamily property** presents an excellent investment opportunity with strong income potential. The building currently has **one occupied unit generating guaranteed rental income**, offering immediate cash flow while leaving additional units available for future leasing or owner repositioning. All units have been **updated to current code standards**, providing peace of mind for investors seeking a turnkey or lightly managed asset.

Positioned just minutes from the vibrant **Capitol Hill & H Street Corridor**, the property benefits from close proximity to some of the city's best dining, nightlife, and retail destinations. The area continues to experience strong growth and investor interest, supported by promising **return on investment (ROI) and appreciation potential**. Additionally, the property is located near the site of the future redevelopment around **RFK Stadium**, where major revitalization plans projected for completion around 2030 are expected to further enhance neighborhood demand and long-term value.

Situated on a **quiet residential block**, the property offers tenants convenient access to neighborhood amenities, shopping, parks, and transportation while maintaining a peaceful community atmosphere. With its prime location, income potential, and strong market fundamentals, this multifamily asset represents an **ideal opportunity for investors seeking both stable cash flow and long-term appreciation in one of Washington, DC's evolving neighborhoods.**

Some photos showing unit virtually staged

Location

State DC

County Washington

Zoning MULTI-FAMILY

Interior

Interior Features Bathroom - Stall Shower, Bathroom - Tub Shower, Floor Plan - Traditional, Floor Plan - Open

Hot Water Natural Gas

Cooling Central A/C

Flooring Ceramic Tile, Laminate Plank

Equipment Refrigerator, Stove

Fireplace N

Appliance Refrigerator, Stove

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Flat

Accessibility None

Garage N

Building

Foundation Brick/Mortar

Above Ground Finished SqFt 3202

Sewer No Septic System

Water Public

Architectural Style Colonial

Additional Building Above Grade, Below Grade

Structure Type 9'+ Ceilings,Dry Wall

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 4545//0138

Ownership Fee Simple

SqFt Source 3202

Acceptable Financing Contract, Cash, VA, FHA

Listing Terms Contract, Cash, VA, FHA

Financing Contract,Cash,VA,FHA

Special Listing Condition Standard


Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

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Hailey Helton

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1616 ISHERWOOD ST NE