Renovated Two-Unit
For Sale
$749,000
2015 4TH Street NE, Washington, DC 20002
Multi-Family, WASHINGTON, DC
Property Size1,700 SF
Lot Size0.06 Acres
Price / SF$440.59
Days on Market93
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Property Features for 2015 4TH Street NE
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking
2
Parking features
Off Street, Fenced
Appliances
Stainless Steel Appliances
Elementary school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Middle school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
High school district
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Standard status
Active
Size
1,700 SF
Lot size
0.06 Acres
Taxes and HOA fees
Tax Annual Amount
5917
Utilities
Heating system
Baseboard, Electric (Heating)
Cooling system
Window Unit(s)
Amenities
backyard
EV charger
Building Details
Year built
1921
Number of units
2
Building materials
Brick
Listing Agency:
Samson Properties
(240) 724-6550
Listed By:
Alleyah M. Miner · License #SP200201607
(240) 416-5488
Added: Jul 15
Changed: Oct 9
Last Checked: Oct 15 at 5:06PM
MLS# DCDC2273314
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.
This brick duplex contains two renovated residences, each with two bedrooms, one full bathroom, and modern finishes. The building totals 1,700 square feet on a 0.06-acre lot and was built in 1921. A level backyard, off-street parking for two vehicles, and an EV charger add practical features. Heating is electric baseboard, and cooling is provided by window units.
Rhode Island Avenue-Brentwood Metro is about a 10-minute walk away. Nearby destinations include metrobar, Alamo Drafthouse Cinema, Bryant Street Market, and the Metropolitan Branch Trail, with Eckington, NoMa, and Union Market also accessible from the area.
Rhode Island Avenue-Brentwood Metro is about a 10-minute walk away. Nearby destinations include metrobar, Alamo Drafthouse Cinema, Bryant Street Market, and the Metropolitan Branch Trail, with Eckington, NoMa, and Union Market also accessible from the area.
Key Highlights
- Two residences, each with 2 bedrooms and 1 full bathroom
- 1,700 square feet on a 0.06‑acre lot
- Renovated interiors with modern finishes
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$32,387
Cap Rate
4.32%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$647,740
$647.7K
Cap Rate 7%
$462,671
$462.7K
Cap Rate 9%
$359,856
$359.9K
Market Conditions
NOI Build-Up for 1,700 SF
Gross rent
$49.0K $28.80/SF
− Vacancy
−$2.7K −$1.58/SF
EGI
$46.3K $27.22/SF
− OpEx
−$13.9K −$8.16/SF
NOI
$32.4K $19.05/SF
Area
ZIP 20002
Vacancy
5.50%
Lease Rate
$28.80 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$647,740
Cap Rate 7%
$462,671
Cap Rate 9%
$359,856
Alternative Uses
Best Use
Multifamily LT 5
$462.7K
$404.8K – $539.8K
NOI $32,387 @ 7.0% cap · market cap 4.32%
Second Best
Apartment 5plus
$413.5K
$361.8K – $482.4K
NOI $28,942 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$877.7K
$768.0K – $1.02M
NOI $61,440 @ 7.0% cap · market cap 8.20%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
2
Residential units
Location Intelligence
Trade Area within ½ mile
1,922
Businesses Nearby
Explore this area
Business Placement
Demographics for 20002, DC
69,422
Population
38,459
Households
1.8
Avg Household Size
33
Median Age
70%
College-Educated
95%
High-School Grad
5.1 sq mi
ZIP Area
13,612
Density / Sq Mi
$114,482
Median Household Income
$82,909
Median Earnings
$2,140
Median Rent
$813,700
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Two separate residences provide flexible living arrangements alongside rental income potential.
Where is this duplex located?
The property is located at 2015 4TH Street NE Washington, DC.
What is the asking price?
The asking price for this property is $749,000.
What are key features of this property?
This property features: Two residences, each with 2 bedrooms and 1 full bathroom; 1,700 square feet on a 0.06‑acre lot; Renovated interiors with modern finishes
