1938 I St NE

Washington, DC 20002

$898,000
Price
—
Beds
—
Baths
2,368 Sq. Ft.
$379 / Sq. Ft.
2,368
Sq. Ft.
$379
per Sq. Ft.
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a front view of a residential apartment building with a yard
a view of outdoor space with a bench and potted plants
a living room with furniture and a dining table with kitchen view
a living room filled with furniture
a building exterior with a bench and windows
a black and white photo of a living room
a picture of a bench in front of a wall

Description

Some opportunities require vision. Others require timing. The rarest opportunities offer both, with nothing left standing between acquisition and execution. Introducing The Eastlight, a 10-unit boutique condominium development opportunity positioned just off the H Street Corridor, one of Washington’s most active growth corridors where residential demand, retail expansion, and long-term neighborhood investment continue to converge. This is not a concept or a pursuit. This is a fully realized development...Some opportunities require vision. Others require timing. The rarest opportunities offer both, with nothing left standing between acquisition and execution. Introducing The Eastlight, a 10-unit boutique condominium development opportunity positioned just off the H Street Corridor, one of Washington’s most active growth corridors where residential demand, retail expansion, and long-term neighborhood investment continue to converge. This is not a concept or a pursuit. This is a fully realized development opportunity where the hard work has already been completed. Zoning is secured. Architectural plans are complete. Construction permits are approved. The path forward is clear for a developer who understands the value of momentum. Designed by respected DC firm 2Plys Architecture, the building balances efficiency and market appeal with a unit mix proven to perform in this submarket. The program includes two three-bedroom penthouse residences, six two-bedroom homes designed for end-user demand, and two one-bedroom residences ideal for attainable price points. Two on-site parking spaces further strengthen resale positioning. With approximately 7,414 square feet of gross building area and 5,862 square feet of sellable residential space, the project is sized for execution without institutional complexity while still offering meaningful revenue potential. Estimated construction costs between $1.2M and $1.5M position the project for strong margins based on projected sellout values between $3.4M and $3.9M. Projects at this stage rarely trade. The entitlement process in Washington can take a year or more. Here, that timeline has already been absorbed. The next owner steps into a position of readiness, not risk. The Eastlight represents what experienced developers seek most: certainty, speed, and location strength. For the right buyer, this is not just another project. This is a chance to control a fully prepared development in a neighborhood still writing its growth story. This is a chance to control a fully prepared development in a neighborhood still writing its growth story (2) Expansive three-bedroom penthouses across the top two levels
(6) Intelligently sized two-bedroom units
(2) Boutique one-bedroom flats
(2) On-site parking spaces
Total gross area: 7,414 SF | Net living: 5,862 SF

Nearby amenities and development drivers:

H Street Corridor dining & nightlife, 0.3 miles
Whole Foods Market, 0.6 miles
Union Market District, 1.2 miles
Union Station transportation hub, 1.4 miles
Gallaudet University, 0.8 miles
Streetcar access along H Street, 0.3 miles
  1. Listed by Marc Cashin • Corcoran McEnearney
    P: (202)-900-3126 marc.cashin@corcoranmce.com

Property Details for 1938 I Street Northeast

Tax ID Number
4477//0022
Ownership
Fee Simple
Structure Type
Interior Row/Townhouse
Style
Federal, Mid-Century Modern, Contemporary, Colonial
Waterfront
No
Garage
No
Legal Subdivision
Trinidad
Central Air
No
LISTING UPDATED: 06/12/2026 08:44 PM

Property Details for 1938 I Street Northeast

StatusActive
MLS #DCDC2265848
Days on Market35
Taxes$6,994 / year
HOA Fees-
Condo/Co-op Fees-
Property TypeMulti Family
MLS TypeMulti-Family / Fee Simple
Year Built1942
Lot Size0.06 AC / 2,432 SF
CountyDistrict of Columbia
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Location

Listing Courtesy of Corcoran McEnearney
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Building Information for 1938 I Street Northeast

Stories-Residences4Year Built1942Building Size-Lot Size0.06 AC / 2,432 SF

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$5,058 per month

30 year fixed, 6.36% Interest

Principal and Interest

$4,475

Property Taxes

$583

HOA Dues

$0

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Property Information for 1938 I Street Northeast

Location
Location
  • In City Limits: Yes
  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District County ID: 121140357950
  • SchoolDistrictSource: Listing Agent
  • County: WASHINGTON
Waterfront / Water Access
Waterfront / Water Access
  • Water View: No
  • Water Access: No
  • Water Oriented: No
  • Navigable Water: No
  • Tidal Water: No
  • Riparian Rights Y/N: No
Taxes and Assessment
Taxes and Assessment
  • Tax Year: 2026
  • Tax Assessed Value: $807,910
  • City Town Tax: $6,994
  • Zoning: RA-2
  • Automatically Update Tax Values Y/N: No
Unit Information
Unit Information
  • Single Room Units Count: 0
  • One Bedroom Units Count: 2
  • Two Bedroom Units Count: 6
  • Three Bedroom Units Count: 2
  • Other Units: Unit 1,Unit 2
Multi Family
Unit 1
  • Type: Unit 2
Unit 2
  • Type: Unit 1
Building Info
Building Info
  • Building Units Total: 4
  • Total Finished SQFT: 2,368.00
Lot / Land Information
Lot / Land Information
  • Lot Size Source: Estimated
  • Soil Types: Chillum-Urban Land Complex
  • Parcel ID: 16128876
Parking
Parking
  • Type Of Parking: On Street
Interior Features
Interior Features
  • Fireplace: No
  • Accessibility Features: 2+ Access Exits
Exterior Features
Exterior Features
  • Pool: No Pool
Utilities
Utilities
  • Heating: Yes
  • Cooling Type: None
  • Cooling Fuel: Electric
  • Heating Type: Hot Water
  • Heating Fuel: Electric
  • Hot Water: Electric
  • Water Source: Public
  • Sewer Septic: Public Sewer
Confidential Data
Listing Office
  • List Agent AOR: Greater Capital Area Association of REALTORS

Property History for 1938 I Street Northeast

DateEvent & SourcePriceAppreciation
Jun 1, 2026

Listed (Active)

BRIGHT #DCDC2265848

$898,000—
May 31, 2026

Expired

BRIGHT #DCDC2249920

—
Mar 11, 2026

Listed (Active)

BRIGHT #DCDC2249920

$898,000—
DateEvent & SourcePrice
06/01/2026

Listed (Active)

BRIGHT #DCDC2265848

$898,000
05/31/2026

Expired

BRIGHT #DCDC2249920

—
03/11/2026

Listed (Active)

BRIGHT #DCDC2249920

$898,000

For completeness, we often displays two records for one sale: the MLS record and the public record.

Public Records for 1938 I Street Northeast

Taxable ValueLand$365,180Additions$448,050Total$813,230
Tax Record2025$6,912 ($576 / month)
Home Facts
Baths4Total Finished SqFt2,368 SqFtAbove Grade Finished SqFt2,368 SqFtStories2Lot Size2,432 SqFtStyleMulti-Family Dwelling (2-4)Year Built1942ZoningRA-2CountyDISTRICT OF COLUMBIAAPN4477 0022

Schools near 1938 I Street Northeast

This home is within District Of Columbia Public Schools.
Rating
School
Type
Grades
Distance
Browne Education Campus
Public - PK to 8
Eastern High School
Public - 9 to 12
Phelps Architecture, Construction, and Engineering High School
Public - 9 to 12
River Terrace Elementary School
Public - 3 to 12
Rating
School
Distance
Browne Education Campus
PublicPK to 8

Eastern High School
Public9 to 12

Phelps Architecture, Construction, and Engineering High School
Public9 to 12

River Terrace Elementary School
Public3 to 12

School ratings and boundaries are provided by GreatSchools.org and Pitney Bowes. This information should only be used as a reference. Proximity or boundaries shown here are not a guarantee of enrollment. Please reach out to schools directly to verify all information and enrollment eligibility.

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More information about 1938 I Street Northeast, Washington, DC 20002

1938 I Street Northeast is a multi-family home for sale in Washington, DC 20002. This property was listed for sale on June 1, 2026 by Corcoran McEnearney, it's currently listed at $898,000. It has been on the market for a total of 35 days and was last sold on January 30, 2014. This listing's school district is District Of Columbia Public Schools. Nearby schools include Browne Education Campus, Eastern High School and Phelps Architecture, Construction, and Engineering High School. 1938 I Street Northeast is a 0-bed, 0-bath, 2,368 sqft multi-family home built in 1942.

No guarantee, warranty or representation of any kind is made regarding the completeness or accuracy of any information, descriptions or measurements (including square footage measurements and property condition), such should be independently verified through appropriate means, including, but not limited to, in person inspection and public records, and Compass International Holdings, its subsidiaries, affiliates and independently owned and operated franchisees, and their affiliated agents and associated third parties expressly disclaim any liability in connection therewith. Photos may be virtually staged or digitally enhanced and may not reflect actual property conditions. Offers of compensation are subject to change at the seller's discretion. No financial or legal advice provided. Equal Housing Opportunity.

Listing Courtesy of Corcoran McEnearney

© 2026 Bright MLS. All rights reserved. All information is deemed reliable, but accuracy is not guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for the consumer’s personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated on 06/12/2026 08:44 PM