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PRICE $19,900,000 dsIDX morgage calculator
SIZE 21,966 sqft
LOT SIZE 38,333 sqft

Prime investment Opportunity in DC! Presenting a high-potential 108-unit multifamily community consisting of 9 garden-style buildings located at the intersection of Wheeler Rd SE and 10th Pl SE in the heart of Washington, D.C. This asset offers exceptional accessibility"”just one mile from the Congress Heights Metro Station, within walking distance to Harris Teeter, and a short commute to Joint Base Anacostia-Bolling, the Washington Navy Yard, and MGM National Harbor. The unit mix is thoughtfully designed to meet strong rental demand, including: 12 one-bedroom, one-bath units, 33 two-bedroom, one-bath units, 60 three-bedroom, one-bath units and 3 four-bedroom, one-bath units. A large portion of the community participates in tenant-based voucher programs such as HCVP, GWUL, and Pathways to Housing DC, providing stable occupancy and predictable cash flow. This asset has undergone significant capital improvements within the past two years, including major mechanical, electrical, and plumbing upgrades, newer windows, doors, and kitchen cabinetry, updated appliances and modern flooring, sewer line enhancements, installation of 42 high-definition security cameras and renovated laundry rooms in each building. Notably, 70 of the 108 units have been fully renovated between 2023-2025, and the exteriors of all buildings have been freshly painted. The community has also embraced sustainability, with solar panels installed as part of the Sustainable DC initiative, reducing operating costs and environmental impact. This is an exceptional investment prospect offering a blend of stability, recent improvements, and long-term upside in one of D.C.'s fastest-growing submarkets.

DAYS ON MARKET 194 LAST UPDATED 10/1/2025
TRACT CONGRESS HEIGHTS YEAR BUILT 1964
COUNTY WASHINGTON STATUS Active
PROPERTY TYPE(S) Commercial

SCHOOLS
School District DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Elementary School KING
Jr. High School HART
High School BALLOU


ADDITIONAL DETAILS
AIR Central Air, Electric
AIR CONDITIONING Yes
APPLIANCES Gas Water Heater
CONSTRUCTION Brick
HEAT Forced Air, Natural Gas
LOT 0.88 acre(s)
PARKING Secured, Lighted, Paved, Parking Lot
SEWER Public Sewer
STORIES 3
SUBDIVISION CONGRESS HEIGHTS
TAXES 14688
UTILITIES Natural Gas Available, Electricity Available
WATER Public
MORTGAGE CALCULATOR
   

TOTAL MONTHLY PAYMENT

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CONTACT US ABOUT 3316 WHEELER ROAD SE
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