$745,000

1010-1012 16TH STREET NE, WASHINGTON, DC, 20002

  • Active Under Contract

Key Details

Description

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 NoMa submarket, both key drivers of tenant demand. The continued eastward expansion of Union Market and NoMa into Trinidad has supported strong rent growth and long-term appreciation in the area. The property is also approximately 1 mile from the planned Washington Commanders stadium redevelopment at the RFK site, one of the largest long-term redevelopment projects in Washington, DC, expected to drive significant economic growth, infrastructure improvements, and neighborhood appreciation. Investor Open House Scheduled for Thursday 5/7 12-2PM. Call listing agent to reserve your time.

Listing Courtesy of: Samson Properties

Location

Features

  • Days on market: 161
  • List Date: May 04, 2026
  • County: WASHINGTON
  • Year Built: 1940
  • Property Type: Other
  • Total taxes: 5,178
  • Listing ID: DCDC2259674
  • Architecture Style: Dwelling with Rental

Schools

These schools are filtering within the property address as determined by our data provider.

Rating Name Type Level Grades Address
NA Private Elementary PK-7 2422 K St NW, Washington, DC20037

Grade Span: PK - 7

Admission: Private

Address: 2422 K St NW, Washington, DC20037

Phone: 202-495-0507

Teachers: 6

Students: 20

Ratio: 3:1 Students/Teacher

Gender: 45% Male / 55% Female

Student/Teacher ratio

Enrollment

NA Private Elementary PK-6 2700 27th St NW, Washington, DC20008

Grade Span: PK - 6

Admission: Private

Address: 2700 27th St NW, Washington, DC20008

Phone: 202-387-2700

Teachers: 11

Students: 71

Ratio: 7:1 Students/Teacher

Gender: 49% Male / 51% Female

Student/Teacher ratio

Enrollment

NA Private Elementary PK-8 3825 Klingle Pl NW, Washington, DC20016

Grade Span: PK - 8

Admission: Private

Address: 3825 Klingle Pl NW, Washington, DC20016

Phone: 202-460-9076

Website: http://www.annunciationschool.net/

Teachers: 21

Students: 121

Ratio: 6:1 Students/Teacher

Gender: 60% Male / 40% Female

Student/Teacher ratio

Enrollment

NA Private Secondary 9-12 4300 Harewood Rd NE, Washington, DC20017

Grade Span: 9 - 12

Admission: Private

Address: 4300 Harewood Rd NE, Washington, DC20017

Phone: 202-529-0900

Teachers: 27

Students: 383

Ratio: 14:1 Students/Teacher

Gender: 57% Male / 43% Female

Student/Teacher ratio

Enrollment

NA Private Combined Elementary/Secondary 1-11 1600 Jonquil St NW, Washington, DC20012

Grade Span: 1 - 11

Admission: Private

Address: 1600 Jonquil St NW, Washington, DC20012

Phone: 301-593-4343

Teachers: 4

Students: 21

Ratio: 5:1 Students/Teacher

Gender: 67% Male / 33% Female

Student/Teacher ratio

Enrollment

NA Private Elementary KG-5 1801 Mississippi Ave SE, Washington, DC20020

Grade Span: KG - 5

Admission: Private

Address: 1801 Mississippi Ave SE, Washington, DC20020

Phone: 202-678-1515

Teachers: 10

Students: 71

Ratio: 7:1 Students/Teacher

Gender: 100% Male

Student/Teacher ratio

Enrollment

NA Private Elementary KG-5 1801 Mississippi Ave SE, Washington, DC20020

Grade Span: KG - 5

Admission: Private

Address: 1801 Mississippi Ave SE, Washington, DC20020

Phone: 202-678-1515

Teachers: 6

Students: 83

Ratio: 14:1 Students/Teacher

Gender: 100% Male

Student/Teacher ratio

Enrollment

NA Private Elementary KG-8 5841 Chevy Chase Pkwy NW, Washington, DC20015

Grade Span: KG - 8

Admission: Private

Address: 5841 Chevy Chase Pkwy NW, Washington, DC20015

Phone: 202-966-6682

Teachers: 39

Students: 508

Ratio: 13:1 Students/Teacher

Gender: 49% Male / 51% Female

Student/Teacher ratio

Enrollment

NA Private Combined Elementary/Secondary PK-12 2001 Wisconsin Ave NW, Washington, DC20007

Grade Span: PK - 12

Admission: Private

Address: 2001 Wisconsin Ave NW, Washington, DC20007

Phone: 202-829-3700

Teachers: 44

Students: 478

Ratio: 11:1 Students/Teacher

Gender: 46% Male / 54% Female

Student/Teacher ratio

Enrollment

NA Private Elementary PK-KG 5608 Broad Branch Rd NW, Washington, DC20015

Grade Span: PK - KG

Admission: Private

Address: 5608 Broad Branch Rd NW, Washington, DC20015

Phone: 202-232-2233

Teachers: 2

Students: 2

Ratio: 1:1 Students/Teacher

Gender: 50% Male / 50% Female

Student/Teacher ratio

Enrollment

NA Private Elementary PK-8 210 S Carolina Ave SE, Washington, DC20003

Grade Span: PK - 8

Admission: Private

Address: 210 S Carolina Ave SE, Washington, DC20003

Phone: 202-355-4498

Website: http://www.chds.org/

Teachers: 35

Students: 203

Ratio: 6:1 Students/Teacher

Gender: 54% Male / 46% Female

Student/Teacher ratio

Enrollment

NA Private Elementary 2-6 725 8th St SE, Washington, DC20003

Grade Span: 2 - 6

Admission: Private

Address: 725 8th St SE, Washington, DC20003

Phone: 202-878-6917

Teachers: 3

Students: 12

Ratio: 5:1 Students/Teacher

Gender: 67% Male / 33% Female

Student/Teacher ratio

Enrollment

NA Private Elementary KG-6 201 Allison St NW Ste B, Washington, DC20011

Grade Span: KG - 6

Admission: Private

Address: 201 Allison St NW Ste B, Washington, DC20011

Phone: 202-722-1520

Website: http://www.cfmschool.org/

Teachers: 12

Students: 104

Ratio: 9:1 Students/Teacher

Gender: 48% Male / 52% Female

Student/Teacher ratio

Enrollment

NA Private Combined Elementary/Secondary KG-12 3742 Ely Pl SE, Washington, DC20019

Grade Span: KG - 12

Admission: Private

Address: 3742 Ely Pl SE, Washington, DC20019

Phone: 202-575-0027

Teachers: 18

Students: 160

Ratio: 9:1 Students/Teacher

Gender: 48% Male / 52% Female

Student/Teacher ratio

Enrollment

NA Private Elementary PK-KG 301 A St SE, Washington, DC20003

Grade Span: PK - KG

Admission: Private

Address: 301 A St SE, Washington, DC20003

Phone: 202-294-4799

Teachers: 2

Students: 4

Ratio: 2:1 Students/Teacher

Gender: 50% Male / 50% Female

Student/Teacher ratio

Enrollment

NA Private Combined Elementary/Secondary 6-12 4101 Connecticut Ave NW, Washington, DC20008

Grade Span: 6 - 12

Admission: Private

Address: 4101 Connecticut Ave NW, Washington, DC20008

Phone: 202-362-8882

Teachers: 44

Students: 333

Ratio: 8:1 Students/Teacher

Gender: 45% Male / 55% Female

Student/Teacher ratio

Enrollment

NA Private Elementary PK-1 4473 Connecticut Ave NW, Washington, DC20008

Grade Span: PK - 1

Admission: Private

Address: 4473 Connecticut Ave NW, Washington, DC20008

Phone: 202-966-7747

Website: http://www.franklinmontessori.com/

Teachers: 4

Students: 8

Ratio: 2:1 Students/Teacher

Gender: 100% Male

Student/Teacher ratio

Enrollment

NA Private Combined Elementary/Secondary 6-12 2000 Florida Ave NW, Washington, DC20009

Grade Span: 6 - 12

Admission: Private

Address: 2000 Florida Ave NW, Washington, DC20009

Phone: 202-244-0639

Teachers: 15

Students: 42

Ratio: 3:1 Students/Teacher

Gender: 67% Male / 33% Female

Student/Teacher ratio

Enrollment

NA Private Combined Elementary/Secondary PK-12 4200 Davenport St NW, Washington, DC20016

Grade Span: PK - 12

Admission: Private

Address: 4200 Davenport St NW, Washington, DC20016

Phone: 202-295-6127

Teachers: 149

Students: 1053

Ratio: 7:1 Students/Teacher

Gender: 47% Male / 53% Female

Student/Teacher ratio

Enrollment

NA Private Elementary PK-KG 1041 Wisconsin Ave NW, Washington, DC20007

Grade Span: PK - KG

Admission: Private

Address: 1041 Wisconsin Ave NW, Washington, DC20007

Phone: 202-337-8058

Teachers: 1

Students: 3

Ratio: 3:1 Students/Teacher

Gender: 67% Male / 33% Female

Student/Teacher ratio

Enrollment

NA Private Secondary 9-12 1524 35th St NW, Washington, DC20007

Grade Span: 9 - 12

Admission: Private

Address: 1524 35th St NW, Washington, DC20007

Phone: 202-337-3350

Website: http://www.visi.org/

Teachers: 46

Students: 509

Ratio: 11:1 Students/Teacher

Gender: / 100% Female

Student/Teacher ratio

Enrollment

NA Private Secondary 9-12 19 I St NW, Washington, DC20001

Grade Span: 9 - 12

Admission: Private

Address: 19 I St NW, Washington, DC20001

Phone: 202-336-7100

Website: http://www.gonzaga.org/

Teachers: 68

Students: 956

Ratio: 14:1 Students/Teacher

Gender: 100% Male

Student/Teacher ratio

Enrollment

NA Private Elementary PK-8 1325 36th St NW, Washington, DC20007

Grade Span: PK - 8

Admission: Private

Address: 1325 36th St NW, Washington, DC20007

Phone: 202-337-2339

Teachers: 32

Students: 314

Ratio: 10:1 Students/Teacher

Gender: 47% Male / 53% Female

Student/Teacher ratio

Enrollment

NA Private Secondary 9-12 801 Buchanan St NE, Washington, DC20017

Grade Span: 9 - 12

Admission: Private

Address: 801 Buchanan St NE, Washington, DC20017

Phone: 202-281-2700

Teachers: 7

Students: 44

Ratio: 6:1 Students/Teacher

Gender: 61% Male / 39% Female

Student/Teacher ratio

Enrollment

NA Private Combined Elementary/Secondary 6-12 4301 Harewood Rd NE, Washington, DC20017

Grade Span: 6 - 12

Admission: Private

Address: 4301 Harewood Rd NE, Washington, DC20017

Phone: 202-424-3780

Website: http://www.kirovacademydc.org/

Teachers: 11

Students: 77

Ratio: 7:1 Students/Teacher

Gender: 21% Male / 79% Female

Student/Teacher ratio

Enrollment

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