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    1942 Capitol Ave NE Washington, DC 20002

    For Sale
    $650,000

    MULTI_FAMILY - WASHINGTON, DC

    Property size:
    2,182 SF
    Lot size:
    0.08 Acres
    Days on Market:
    50
    Last Refresh:
    Dec 10 at 8:06 am

    Property Features for 1942 Capitol Ave NE

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking features
    On Street
    Size
    2,182 SF
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Other (Heating)

    Building Details

    Year built
    1943
    Number of units
    4
    Building materials
    Brick

    Fairfax Realty Select (703) 585-8660 [email protected]

    Listing agent Luwam Bokure (571) 490-6841 License #SP40000482

    Listing date Oct 22, 2025

    Copyright © 2025 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.

    Overview

    Ivy City Quadruplex Investment

    Located at 1942 Capitol Ave NE in Washington, DC's Ivy City neighborhood, this quadruplex represents an investment opportunity. The property contains four units, each featuring one bedroom and one bathroom. Units 1 and 3 are currently occupied, generating immediate rental income. Units 2 and 4 are vacant, offering customization potential and the opportunity to increase rental income. The property is conveniently located within walking distance of markets, coffee shops, gyms, and bars, and is just minutes from Union Market. The lot size is 0.08 acres, and the property size is 2182 square feet. The TOPA requirements have been addressed.
    Property Profile Location Intelligence

    Current Use by Public Records

    Quadplexes

    Map

    City
    Washington
    County
    District of Columbia
    State
    DC
    Longitude
    -76.98409
    Latitude
    38.91286

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    FAQs

    What type of property is this?
    Quadplex - Quadruplex in Ivy City, DC, with income potential.
    Where is this quadplex located?
    The property is located at 1942 Capitol Ave NE Washington, DC.
    What is the asking price?
    The asking price for this property is $650,000.
    What are key features of this property?
    This property features: - Quadruplex in thriving Ivy City neighborhood offers an exceptional investment opportunity.; - Four units, each with 1 bedroom and 1 bathroom.; - Units 1 and 3 are currently occupied, providing immediate rental income.
    (571) 490-6841
    Request Owner's contact information
    1942 Capitol Ave NE Washington, DC 20002
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    Washington, DC 20002
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    1942 Capitol Ave NE Washington, DC 20002
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