$9,797

closing credit¹

1942 I St NE Washington, DC 20002

$825,000
2,368 sqft
0.06 acres
$348 / sqft
Multi-Family

Property details

About 1942 I St NE

Discover the potential of this well-maintained multi-family in booming Trinidad / Carver-Langston. Featuring four one-bedroom, one-bathroom units, this property is a prime choice for investors or first-time homebuyers looking to capitalize on a growing market. Investors will appreciate the building's solid rental history and the robust demand for housing in the area. 75% tenanted, providing reliable rental income for cash flow. Looking to house hack? An owner-occupant can move into the open unit, offset expenses with rental income, and build equity fast. The property boasts a history of strong occupancy and dependable cash flow, thanks to the high demand for rental units in the area. Close to the H St corridor and plentiful shopping options, including Hechinger Center and Aldi's. Jump on this opportunity to invest in a property with exceptional flexibility and long-term appeal.

Highlights

Home typeQuadruplex
HeatingRadiant
StatusActive
(ACTIVE)
Size2,368 sqft
Lot size0.06 Acres
Year built1942
ParkingOff Street
MLS #DCDC2171740

Summary

  • MLS Number: DCDC2171740
  • MLS Name: BRIGHT
  • Office Name: Keller Williams Capital Properties
  • Office Phone: (202) 243-7700
  • Listing Agent: Ty Voyles

IDX Information Deemed Reliable But Not Guaranteed. 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 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 sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 2/3/2025, 8:20:56 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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$825,000

1942 I St NE

$9,797

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Oct 31, 2016
Home Sold
$370,000

Tax history

YearAssessmentProperty Tax
2023$711,560$6,214
2022$669,950$5,694
2021$602,300$5,119
2020$556,400$4,729
2019$504,830$4,291
2018$426,760$3,627
2017$394,880$3,356

History based on county public records data.

Nearby schools

8

School-Within-School at Goding

Public District PK-5

0.2 mi

704 26th St NE

4

Two Rivers Public Charter School - Young Elementary School

Public Charter PK-5

0.2 mi

820 26th St NE

6

Kipp Dc - Spring Academy Public Charter School

Public Charter 1-4

0.5 mi

1375 Mount Olivet Rd NE

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $32,069. Most Washington, DC residents have annual incomes less than $<35k. Residents typically live in single, no kids family. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

54%
<35k
41%
35k-100k
5%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

69%
Single, No Kids
20%
Single, with Kids
6%
Married, No Kids
5%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

13%
<11 yrs old
8%
12-17 yrs old
25%
18-34 yrs old
44%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Mexican League SoccerMexican League Soccer

Where do the neighbors shop?

  • H&MH&M
  • BurlingtonBurlington
  • Foot LockerFoot Locker

Where do the neighbors go to eat?

  • Boston MarketBoston Market
  • White CastleWhite Castle
  • PopeyesPopeyes

What do the neighbors drive?

  • HondaHonda
  • KiaKia
  • NissanNissan

What do the neighbors listen to?

  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Urban Adult ContemporaryUrban Adult Contemporary
  • NewsNews
All data provided by Home Junction and Claritas

Similar homes for sale

This home is located at 1942 I St NE in Washington, DC and zip code 20002 in the Northeast neighborhood. This 2,368 square foot home, which was built in 1942, sits on a 0.06 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $825,000.

Over 87 listings were sold over their listed price in January 2025 in Washington, DC. In the same period over 198 listings were sold below the listed price and 93 listings were sold for the listed price. The number of homes for sale in Washington, DC increased by 12.1% between December and January 2025. In January 2025, listings were on the market for 59 days. During the same period, the median list price in this real estate market was $673,815.

From Rocket Homes Real Estate and based on county public records data.

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