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3316-3324 WHEELER SE ROAD, WASHINGTON, DC 20032
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$19,900,000
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Home Details for 3316-3324 SE WHEELER SE ROAD
Price
$19,900,000
Type
Commercial/Industrial
Year Build
1964
Lot Size
0.88
County
WASHINGTON
Tax
$14,688
MLS®️ Listing#
DCDC2192710
On exitrealty.com
196 days
Property Description
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.
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- Parking
- Secured
- Lighted
- Paved
- Parking Lot
- Cooling Information
- Central Air
- Electric
- Heating Information
- Natural Gas
- Forced Air
- Utilities
- Natural Gas Available
- Electricity Available
- Water Features
- Public
School Information
School Information for 3316-3324 SE WHEELER SE ROAD
Elementary School
KING
Middle School
HART
High School
BALLOU
Listing Courtesy: Samson Properties - 571-378-1346
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which EXIT Realty participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2025 Bright MLS. All rights reserved.
Last Updated: 2025-10-01 21:45:51
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EXIT KEYS REALTY
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$19,900,000
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EXIT KEYS REALTY
1629 K St NW, Ste 300, Washington, DC 20006