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    Updated Two-Unit Townhouse Title is generated by Realmo AI

    1946 I Street NE, Washington, DC 20002

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    Claim this Listing
    For Sale
    $529,900

    MULTI_FAMILY - WASHINGTON, DC

    Property size:
    1,400 SF
    Lot size:
    0.03 Acres
    Price / SF:
    $378/SF
    Added:
    Oct 16, 2025
    Days on Market:
    265
    Last Refresh:
    Jul 7 at 5:06 am

    Property Features for 1946 I Street NE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Parking features
    Off Street
    Standard status
    Active
    Size
    1,400 SF
    Lot size
    0.03 Acres

    Taxes and HOA fees

    Tax Annual Amount
    28843

    Utilities

    Heating system
    Hot Water(Heating)

    Building Details

    Year built
    1942
    Number of units
    2
    Building materials
    Brick

    We can help!

    Contact an agent
    Samer Y. Makhlouf

    Listing agent Samer Y. Makhlouf License #BR40000070

    Listing office Apex Home Realty 5900 Fort Drive unit: 312, Centreville, DC

    Listing date Oct 16, 2025

    MLS# DCDC2224700 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Updated 2‑unit interior townhouse in desirable D.C. neighborhood (Trinidad).
    • Strong income‑producing property or live‑in investment opportunity.
    • Modern finishes and well‑appointed living spaces in each unit.
    • Prime location near U.S. National Arboretum, H Street Corridor, and Union Market.
    • Meticulously maintained and turnkey ready.
    • Built in 1942 with brick construction.

    Overview

    This property is a 2-unit interior townhouse that has been described as beautifully updated and meticulously maintained. Each unit features modern finishes and well-appointed living spaces, creating a contemporary layout within a classic Washington, D.C. townhouse setting. The offering is presented as turnkey, with the listing noting that virtual furnishings may have been added to photos to help visualize the floor plan.

    Located in the Trinidad community, the home is positioned for convenient access to several popular Northeast-area destinations, including the U.S. National Arboretum, the H Street Corridor, and Union Market. That proximity can be helpful for residents who want nearby dining, shopping, and entertainment without relying on long commutes.

    As a two-unit residential income property, this home can fit a range of ownership goals, including renting both units or living in one unit while offsetting expenses with rental income from the other. For buyers looking for a multi-unit structure with updated interiors and a straightforward, live-in-or-rent setup, this interior townhouse format offers practical, dual-unit functionality within the Washington, DC market.

    Local Financial Insights For Multifamily LT 5

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $40.3k $28.80
    − Vacancy −$2.2k −$1.58
    EGI $38.1k $27.22
    − OpEx −$11.4k −$8.16
    NOI $26.7k $19.05
    1,400 SF · lease $28.80/SF/yr · vacancy 5.50% · expense 30.00%

    Alternative Uses

    Best Use
    Multifamily LT 5
    $381.0K
    $333.4K – $444.5K (±1% cap)
    NOI $26,672 @ 7.0% cap · market cap 5.03%
    Second Best
    Apartment 5plus
    $340.5K
    $297.9K – $397.3K (±1% cap)
    NOI $23,835 @ 7.0% cap · market cap 4.50%
    Theoretical Best
    Office A
    $722.8K
    $632.5K – $843.3K (±1% cap)
    NOI $50,598 @ 7.0% cap · market cap 9.55%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Law Firm Skin Care Clinic Department Store Acupuncture Spa & Massage Center Furniture & Home Goods Nursing Home Big Box & Wholesale Store Cosmetic Store Nursing Home

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Washington
    County
    District of Columbia
    State
    District of Columbia
    Longitude
    -76.97478
    Latitude
    38.90275

    FAQs

    What type of property is this?
    Duplex - Two updated units in an interior townhouse, offering rental flexibility in Washington, DC.
    Where is this duplex located?
    The property is located at 1946 I Street NE Washington, DC.
    What is the asking price?
    The asking price for this property is $529,900.
    What are key features of this property?
    This property features: Updated 2‑unit interior townhouse in desirable D.C. neighborhood (Trinidad).; Strong income‑producing property or live‑in investment opportunity.; Modern finishes and well‑appointed living spaces in each unit.
    More about this property
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