$848,000

1938 I STREET NE, WASHINGTON, DC, 20002

  • 2,368sq ft
  • Active

Key Details

July 22, 2026
Year Built: 1942
Days on Market: 10
DCDC2274712
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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 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. (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

Listing Courtesy of: Corcoran McEnearney

Location

Features

  • Days on market: 10
  • List Date: July 22, 2026
  • County: WASHINGTON
  • Year Built: 1942
  • Property Type: Quadruplex
  • Total taxes: 6,994
  • Listing ID: DCDC2274712
  • Architecture Style: Federal, Mid-Century Modern, Contemporary, Colonial

Schools

These schools are filtering within the property address as determined by our data provider.

Rating Name Type Level Grades Address
NA Private Elementary PK-7 2422 K St NW, Washington, DC20037

Grade Span: PK - 7

Admission: Private

Address: 2422 K St NW, Washington, DC20037

Phone: 202-495-0507

Teachers: 6

Students: 20

Ratio: 3:1 Students/Teacher

Gender: 45% Male / 55% Female

Student/Teacher ratio

Enrollment
NA Private Elementary PK-6 2700 27th St NW, Washington, DC20008

Grade Span: PK - 6

Admission: Private

Address: 2700 27th St NW, Washington, DC20008

Phone: 202-387-2700

Teachers: 11

Students: 71

Ratio: 7:1 Students/Teacher

Gender: 49% Male / 51% Female

Student/Teacher ratio

Enrollment
NA Private Elementary PK-8 3825 Klingle Pl NW, Washington, DC20016

Grade Span: PK - 8

Admission: Private

Address: 3825 Klingle Pl NW, Washington, DC20016

Phone: 202-460-9076

Website: http://www.annunciationschool.net/

Teachers: 21

Students: 121

Ratio: 6:1 Students/Teacher

Gender: 60% Male / 40% Female

Student/Teacher ratio

Enrollment
NA Private Secondary 9-12 4300 Harewood Rd NE, Washington, DC20017

Grade Span: 9 - 12

Admission: Private

Address: 4300 Harewood Rd NE, Washington, DC20017

Phone: 202-529-0900

Teachers: 27

Students: 383

Ratio: 14:1 Students/Teacher

Gender: 57% Male / 43% Female

Student/Teacher ratio

Enrollment
NA Private Combined Elementary/Secondary 1-11 1600 Jonquil St NW, Washington, DC20012

Grade Span: 1 - 11

Admission: Private

Address: 1600 Jonquil St NW, Washington, DC20012

Phone: 301-593-4343

Teachers: 4

Students: 21

Ratio: 5:1 Students/Teacher

Gender: 67% Male / 33% Female

Student/Teacher ratio

Enrollment
NA Private Elementary KG-5 1801 Mississippi Ave SE, Washington, DC20020

Grade Span: KG - 5

Admission: Private

Address: 1801 Mississippi Ave SE, Washington, DC20020

Phone: 202-678-1515

Teachers: 10

Students: 71

Ratio: 7:1 Students/Teacher

Gender: 100% Male

Student/Teacher ratio

Enrollment
NA Private Elementary KG-5 1801 Mississippi Ave SE, Washington, DC20020

Grade Span: KG - 5

Admission: Private

Address: 1801 Mississippi Ave SE, Washington, DC20020

Phone: 202-678-1515

Teachers: 6

Students: 83

Ratio: 14:1 Students/Teacher

Gender: 100% Male

Student/Teacher ratio

Enrollment
NA Private Elementary KG-8 5841 Chevy Chase Pkwy NW, Washington, DC20015

Grade Span: KG - 8

Admission: Private

Address: 5841 Chevy Chase Pkwy NW, Washington, DC20015

Phone: 202-966-6682

Teachers: 39

Students: 508

Ratio: 13:1 Students/Teacher

Gender: 49% Male / 51% Female

Student/Teacher ratio

Enrollment
NA Private Combined Elementary/Secondary PK-12 2001 Wisconsin Ave NW, Washington, DC20007

Grade Span: PK - 12

Admission: Private

Address: 2001 Wisconsin Ave NW, Washington, DC20007

Phone: 202-829-3700

Teachers: 44

Students: 478

Ratio: 11:1 Students/Teacher

Gender: 46% Male / 54% Female

Student/Teacher ratio

Enrollment
NA Private Elementary PK-KG 5608 Broad Branch Rd NW, Washington, DC20015

Grade Span: PK - KG

Admission: Private

Address: 5608 Broad Branch Rd NW, Washington, DC20015

Phone: 202-232-2233

Teachers: 2

Students: 2

Ratio: 1:1 Students/Teacher

Gender: 50% Male / 50% Female

Student/Teacher ratio

Enrollment
NA Private Elementary PK-8 210 S Carolina Ave SE, Washington, DC20003

Grade Span: PK - 8

Admission: Private

Address: 210 S Carolina Ave SE, Washington, DC20003

Phone: 202-355-4498

Website: http://www.chds.org/

Teachers: 35

Students: 203

Ratio: 6:1 Students/Teacher

Gender: 54% Male / 46% Female

Student/Teacher ratio

Enrollment
NA Private Elementary 2-6 725 8th St SE, Washington, DC20003

Grade Span: 2 - 6

Admission: Private

Address: 725 8th St SE, Washington, DC20003

Phone: 202-878-6917

Teachers: 3

Students: 12

Ratio: 5:1 Students/Teacher

Gender: 67% Male / 33% Female

Student/Teacher ratio

Enrollment
NA Private Elementary KG-6 201 Allison St NW Ste B, Washington, DC20011

Grade Span: KG - 6

Admission: Private

Address: 201 Allison St NW Ste B, Washington, DC20011

Phone: 202-722-1520

Website: http://www.cfmschool.org/

Teachers: 12

Students: 104

Ratio: 9:1 Students/Teacher

Gender: 48% Male / 52% Female

Student/Teacher ratio

Enrollment
NA Private Combined Elementary/Secondary KG-12 3742 Ely Pl SE, Washington, DC20019

Grade Span: KG - 12

Admission: Private

Address: 3742 Ely Pl SE, Washington, DC20019

Phone: 202-575-0027

Teachers: 18

Students: 160

Ratio: 9:1 Students/Teacher

Gender: 48% Male / 52% Female

Student/Teacher ratio

Enrollment
NA Private Elementary PK-KG 301 A St SE, Washington, DC20003

Grade Span: PK - KG

Admission: Private

Address: 301 A St SE, Washington, DC20003

Phone: 202-294-4799

Teachers: 2

Students: 4

Ratio: 2:1 Students/Teacher

Gender: 50% Male / 50% Female

Student/Teacher ratio

Enrollment
NA Private Combined Elementary/Secondary 6-12 4101 Connecticut Ave NW, Washington, DC20008

Grade Span: 6 - 12

Admission: Private

Address: 4101 Connecticut Ave NW, Washington, DC20008

Phone: 202-362-8882

Teachers: 44

Students: 333

Ratio: 8:1 Students/Teacher

Gender: 45% Male / 55% Female

Student/Teacher ratio

Enrollment
NA Private Elementary PK-1 4473 Connecticut Ave NW, Washington, DC20008

Grade Span: PK - 1

Admission: Private

Address: 4473 Connecticut Ave NW, Washington, DC20008

Phone: 202-966-7747

Website: http://www.franklinmontessori.com/

Teachers: 4

Students: 8

Ratio: 2:1 Students/Teacher

Gender: 100% Male

Student/Teacher ratio

Enrollment
NA Private Combined Elementary/Secondary 6-12 2000 Florida Ave NW, Washington, DC20009

Grade Span: 6 - 12

Admission: Private

Address: 2000 Florida Ave NW, Washington, DC20009

Phone: 202-244-0639

Teachers: 15

Students: 42

Ratio: 3:1 Students/Teacher

Gender: 67% Male / 33% Female

Student/Teacher ratio

Enrollment
NA Private Combined Elementary/Secondary PK-12 4200 Davenport St NW, Washington, DC20016

Grade Span: PK - 12

Admission: Private

Address: 4200 Davenport St NW, Washington, DC20016

Phone: 202-295-6127

Teachers: 149

Students: 1053

Ratio: 7:1 Students/Teacher

Gender: 47% Male / 53% Female

Student/Teacher ratio

Enrollment
NA Private Elementary PK-KG 1041 Wisconsin Ave NW, Washington, DC20007

Grade Span: PK - KG

Admission: Private

Address: 1041 Wisconsin Ave NW, Washington, DC20007

Phone: 202-337-8058

Teachers: 1

Students: 3

Ratio: 3:1 Students/Teacher

Gender: 67% Male / 33% Female

Student/Teacher ratio

Enrollment
NA Private Secondary 9-12 1524 35th St NW, Washington, DC20007

Grade Span: 9 - 12

Admission: Private

Address: 1524 35th St NW, Washington, DC20007

Phone: 202-337-3350

Website: http://www.visi.org/

Teachers: 46

Students: 509

Ratio: 11:1 Students/Teacher

Gender: / 100% Female

Student/Teacher ratio

Enrollment
NA Private Secondary 9-12 19 I St NW, Washington, DC20001

Grade Span: 9 - 12

Admission: Private

Address: 19 I St NW, Washington, DC20001

Phone: 202-336-7100

Website: http://www.gonzaga.org/

Teachers: 68

Students: 956

Ratio: 14:1 Students/Teacher

Gender: 100% Male

Student/Teacher ratio

Enrollment
NA Private Elementary PK-8 1325 36th St NW, Washington, DC20007

Grade Span: PK - 8

Admission: Private

Address: 1325 36th St NW, Washington, DC20007

Phone: 202-337-2339

Teachers: 32

Students: 314

Ratio: 10:1 Students/Teacher

Gender: 47% Male / 53% Female

Student/Teacher ratio

Enrollment
NA Private Secondary 9-12 801 Buchanan St NE, Washington, DC20017

Grade Span: 9 - 12

Admission: Private

Address: 801 Buchanan St NE, Washington, DC20017

Phone: 202-281-2700

Teachers: 7

Students: 44

Ratio: 6:1 Students/Teacher

Gender: 61% Male / 39% Female

Student/Teacher ratio

Enrollment
NA Private Combined Elementary/Secondary 6-12 4301 Harewood Rd NE, Washington, DC20017

Grade Span: 6 - 12

Admission: Private

Address: 4301 Harewood Rd NE, Washington, DC20017

Phone: 202-424-3780

Website: http://www.kirovacademydc.org/

Teachers: 11

Students: 77

Ratio: 7:1 Students/Teacher

Gender: 21% Male / 79% Female

Student/Teacher ratio

Enrollment

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