Coming Soon

1942 I St NE, Washington, DC, 20002

$825,000

Home List Price

$9,797*

Closing Credit

0 Baths
2,368 SqFt
$348/SqFt
Multi

Location

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1942 I St NE, Washington$825,000

Buyer Closing Credits

$9,797*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOff Street
Year Built1942
HeatingRadiant
CoolingNone
MLS #DCDC2171740
Lot Size0.06 Acres
Active DateDecember 19, 2024
StatusComing Soon
(COMING SOON)

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.

Property Details

Property Features

Property Information:

  • Architectural Style: Federal
  • Year Built: 1942
  • Living Area: 2,368 SqFt

Listing Office:

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

Interior Features

Interior Information:

  • Basement: No

Exterior Features

Exterior Information:

  • Exterior: Street Lights, Sidewalks

Parking Information:

  • Parking: Off Street

Lot Features

Lot Information:

  • Lot Size: 0.06 Acres

Utilities

Utilities Information:

  • Heating: Radiant
  • Cooling: None

Other

Directions Information:

  • Directions: Off of Maryland Ave NE between 19th and 21st.

Price Information

Listing Price Info

Price Summary:

  • List Price: $825,000
  • Price Per SqFt: $348/SqFt

Tax Information:

  • Annual Amount: $4,729
  • Tax Year: 2020
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Housing Market Comparison

See how this home compares to others in Washington, DC.

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Washington, DC

City

Med. Sold Price

$676K

Med. Price/SqFt

$511

Avg. Days On Market

43

# of Sold Homes

387

1942 I St NE vs Washington

$825,000

+$148.9K More

$348/SqFt

-$163 Less

KEY TAKEAWAY

This property is $148.9K more than the Median Sold Price and $163/SqFt less than other homes in Washington, DC.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #DCDC2171740

Listing Office:

  • 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. ©2024 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: 12/17/2024, 11:55:57 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 31, 2016Home Sold
$370,000

Tax History

YEARPROP. TAXASSESSMENT
2020$4,729$556,400
2019$4,291$504,830
2018$3,627$426,760
2017$3,356$394,880

History based on county public records data.

Payment Calculator

$4,185

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$2,540

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-4276675
8
/10

  • School-Within-School at Goding

  • 704 26th St NE

  • 0.17 miles

  • Public District Grades PK-5

school-card-donut-4276676
4
/10

  • Two Rivers Public Charter School - Young Elementary School

  • 820 26th St NE

  • 0.22 miles

  • Public Charter Grades PK-5

school-card-donut-4276677
6
/10

  • Kipp Dc - Spring Academy Public Charter School

  • 1375 Mount Olivet Rd NE

  • 0.48 miles

  • Public Charter Grades 1-4

All data from GreatSchools

Neighborhood

What Are The Neighbors Like?

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

All data provided by Home Junction and Claritas

Rocket Homes›District of Columbia›Washington›20002›1942 I St NE

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. It has been listed on Rocket Homes since December 13, 2024 and is currently priced at $825,000.

Over 85 listings were sold over their listed price in November 2024 in Washington, DC. In the same period over 219 listings were sold below the listed price and 83 listings were sold for the listed price. Between October 2024 and November 2024, Washington, DC real estate market has seen increase in the number of listings by 4.8%. The median list price of listings available in November 2024 was $676,027, while the average time on the real estate market was 43 days.

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

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