4229 DIX Street NE Washington, DC 20019
MULTI_FAMILY - Other - WASHINGTON, DC
Property Features for 4229 DIX Street NE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 2
- Parking features
- Driveway
- Standard status
- Active
- Size
- 1,800 SF
- Lot size
- 0.05 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3539
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1950
- Number of units
- 2
- Building materials
- Brick
- Architectural style
- Other
Listing agent Andrew N Nelson License #SP98375360 (301) 580-8101
Listing office Compass 5471 WISCONSIN Avenue unit: 300, WASHINGTON, DC (301) 298-1001
Listing date Jul 15, 2026
Copyright © 2026 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.
Investment Insights
Based on property information with market context.
Located in Washington, DC 20019, the property is described as having convenient access to Benning Road and Route 295, along with the Minnesota Avenue and Benning Road Metro stations. The offering is presented as an income-producing asset with tenants already in place.
The duplex can be operated as an income-generating property from day one, or considered for future value-add depending on the buyer’s plan.
Key Highlights
- Fully occupied duplex at 4229 Dix Street NE
- Two separate 2‑bedroom, 1‑bath residences totaling approximately 1,800 SF
- Brick construction with central heating and central air
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $52.9k | $29.40 |
| − Vacancy | −$3.3k | −$1.82 |
| EGI | $49.6k | $27.58 |
| − OpEx | −$14.9k | −$8.27 |
| NOI | $34.7k | $19.30 |
