Property Details
A compelling opportunity for investors seeking a stabilized, income-producing property with meaningful long-term upside in one of Washington, D.C.’s fastest-evolving neighborhoods. Positioned on a prominent corner lot at 928 19th Street NE, this fully occupied four-unit building in Carver Langston offers a rare combination of immediate cash flow, flexible zoning, and future development potential. Each residence features a well-proportioned one-bedroom, one-bath layout, providing consistent, in-place income from day one. The current rent roll reflects strong and reliable performance:
Unit 1: $1,400/month | Lease through 09/30/2026
Unit 2: $1,450/month | Lease through 07/24/2026
Unit 3: $1,370/month | Month-to-month
Unit 4: $1,450/month | Lease through 06/14/2026
Total Monthly Income: $5,670 (as of 04/07/2026)
The property has been well maintained, with updated interiors, functional layouts, and solid systems that support efficient ownership. Residents enjoy updated kitchens and baths, comfortable living spaces, and the added benefit of rear parking, a valuable amenity in this location. Beyond its current performance, the property presents a significant value-add opportunity. With RA-2 zoning and a 3,965 square foot lot, the site offers potential for redevelopment into a 7,000+ square foot boutique condominium or multifamily project, allowing investors to maximize density and future returns.
Ideally situated near Ivy City, the H Street Corridor, and Union Market, the property also benefits from close proximity to the planned transformation of the RFK Stadium campus, further reinforcing long-term growth potential. With convenient access to NoMa, Metro, and major commuter routes, the location continues to attract strong tenant demand and sustained appreciation. Whether held as a turnkey rental investment or redeveloped to unlock its full potential, 928 19th Street NE represents a rare opportunity to capitalize on both current stability and future upside in one of D.C.’s most dynamic neighborhoods.
