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Renovated Duplex with Private Parking
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 Market84

Property Features for 2015 4TH Street NE

General Information

Property type Residential Multi Family
Property subtype Duplex
Parking 2
Parking features Fenced, Off Street
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 Electric (Heating), Baseboard
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
Listed By: Alleyah M. Miner · License #SP200201607
Added: Jul 15 Changed: Sep 23 Last Checked: Oct 6 at 7:06AM
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 at 2015 4th Street NE includes two renovated residences within approximately 1,700 square feet. Each residence provides two bedrooms, one full bathroom, modern finishes, stainless steel appliances, electric baseboard heat, and window-unit cooling. The property also includes a fenced, off-street parking area for two vehicles, an EV charger, and a level backyard with space for outdoor use. Built in 1921, the home sits on a 0.06-acre lot.

The property is about a 10-minute walk from the Rhode Island Avenue-Brentwood Metro station and near metrobar, Alamo Drafthouse Cinema, Bryant Street Market, and the Metropolitan Branch Trail. Its Washington, DC location also provides access to Eckington, NoMa, and Union Market.

Key Highlights

  • Two renovated residences, each with 2 bedrooms and 1 full bathroom
  • Approximately 1,700 square feet on a 0.06‑acre lot
  • Built in 1921 with brick construction

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 (±1% cap)
NOI $32,387 @ 7.0% cap · market cap 4.32%
Second Best
Apartment 5plus
$413.5K
$361.8K – $482.4K (±1% cap)
NOI $28,942 @ 7.0% cap · market cap 3.86%
Theoretical Best
Office A
$877.7K
$768.0K – $1.02M (±1% cap)
NOI $61,440 @ 7.0% cap · market cap 8.20%
Zoning and permitted uses should be independently verified with authorities.

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Furniture & Home Goods Law Firm Electrical Service Butcher Home Appliance Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

1,922
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Duplex - Two updated residences offer flexible occupancy, private parking, and an expansive level backyard.
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 renovated residences, each with 2 bedrooms and 1 full bathroom; Approximately 1,700 square feet on a 0.06‑acre lot; Built in 1921 with brick construction
More about this property
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