1942 CAPITOL Avenue NE, Washington, DC 20002
MULTI_FAMILY - WASHINGTON, DC
- Added:
- Oct 22, 2025
- Days on Market:
- 236
- Last Refresh:
- Jun 14 at 7:06 pm
Property Features for 1942 CAPITOL Avenue NE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking features
- On Street
- Standard status
- Active
- Size
- 2,182 SF
- Lot size
- 0.08 Acres
Taxes and HOA fees
- Tax Annual Amount
- 5620
Utilities
- Heating system
- Other (Heating)
Building Details
- Year built
- 1943
- Number of units
- 4
- Building materials
- Brick
Listing agent Luwam Bokure License #SP40000482 (571) 490-6841
Listing office Fairfax Realty Select 3190 FAIRVIEW PARK Drive unit: 100, Falls Church, DC (703) 533-8660
Listing date Oct 22, 2025
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.
HighLights
- 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.
- Units 2 and 4 offer customization potential for increased rental income.
- Convenient location within walking distance to markets, coffee shops, gyms, and bars.
- Minutes away from Union Market.
Overview
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 | $62.8k | $28.80 |
| − Vacancy | −$3.5k | −$1.58 |
| EGI | $59.4k | $27.22 |
| − OpEx | −$17.8k | −$8.16 |
| NOI | $41.6k | $19.05 |
Alternative Uses
Current Use by Public Records
Map
- City
- Washington
- County
- District of Columbia
- State
- District of Columbia
- Longitude
- -76.98409
- Latitude
- 38.91286