1946 I Street NE, Washington, DC 20002
MULTI_FAMILY - WASHINGTON, DC
- 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
Listing agent Samer Y. Makhlouf License #BR40000070 (703) 675-6100
Listing office Apex Home Realty 5900 Fort Drive unit: 312, Centreville, DC (703) 675-6100
Listing date Oct 16, 2025
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
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 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Washington
- County
- District of Columbia
- State
- District of Columbia
- Longitude
- -76.97478
- Latitude
- 38.90275