Amazing opportunity for investor (7.37% CAP) or house hacker (live in one and rent the others). This classic 4-unit brick building features each unit with 2 bedrooms, washer & dryer in each, dishwasher, separate utilities, recent plumbing & electric, recessed lights, central HVAC & solar panels to all 4 units.
1908 M Street, NE sits just blocks to H Street’s restaurants, Atlas Performing Arts Center, and year-round neighborhood events, residents enjoy easy connectivity along the free DC Streetcar line running between Union Station and Oklahoma Avenue on H Street/Benning Road.
For investors, the property’s four self-contained apartments create multiple income strategies: lease all four for stable, diversified cash flow; pursue a value-add renovation plan to lift rents; or explore an owner-occupant “house-hack” with minimal downpayment options and FHA financing available.
Neighborhood perks that help drive demand include proximity to Union Market and Ivy City’s retail/restaurant clusters, Gallaudet University, and major commuter routes. Outdoor lovers can reach the historic Langston Golf Course and the 446-acre U.S. National Arboretum in minutes—two unique amenities rarely found this close to downtown DC.
Listed by Philip C DiRuggiero
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License #SP98360490
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Engel & Volkers Washington, DC
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2027252250
Last updated September 08, 2025
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Source: BrightMLS #DCDC2217480
Listing Facts
TypeMulti-family
NeighborhoodCarver - Langston
Days on Prevu2
Taxes$8,775/year
Size3,246 sqft
Price per sqft$368
Location
Mortgage Calculator
Listing History
09/08/2025
Listed by Engel & Volkers Washington, DC
$1,195,000
Property Details for 1908 M Street NE
Exterior
Construction
New Construction: No
Number Of Units Total: 4
Year Built: 1939
Architectural Style: Traditional
Construction Materials: Brick
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Size Acres: 0.06
Lot Size Source: Assessor
Lot Size Square Feet: 2,720
Lot Size Units: Square Feet
Financial
Residential Income
Cap Rate: 7.37
Taxes
Tax Annual Amount: $8,775.00
Tax Year: 2024
Interior
Features
Fireplace: No
Measurements
Living Area: 3,246
Living Area Source: Assessor
Other
Location
Tax Lot: 16
Parking
Parking
Garage: No
Schools
High School
High School: DUNBAR SENIOR
Utilities
Equipment
Heating: Forced Air
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
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