6-Unit Multifamily Property with
For Sale
$800,000
2513-15 22ND Street NE, Washington, DC 20018
Multi-Family, WASHINGTON, DC
Property Size2,640 SF
Lot Size0.09 Acres
Price / SF$303.03
Days on Market177
Property Features for 2513-15 22ND Street NE
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Parking features
On Street
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
2,640 SF
Lot size
0.09 Acres
Taxes and HOA fees
Tax Annual Amount
5526
Utilities
Heating system
Hot Water(Heating)
Building Details
Year built
1941
Number of units
2
Building materials
Brick
Architectural style
Other
Listing Agency:
Keller Williams Capital Properties · Keller Williams Realty
(202) 243-7700
Listed By:
Stefan Rosu · License #SP98377007
(703) 297-2730
Added: May 6
Changed: Oct 8
Last Checked: Oct 29 at 7:06AM
MLS# DCDC2260216
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.
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Investment Insights
Based on property information with market context.
Offered together, the two brick buildings at 2513 and 2515 22nd Street NE contain six apartments, each arranged with one bedroom, a den, and one bathroom. The buildings date to 1941 and have a combined reported property size of 2,640 square feet. Large unfinished basements provide additional space; the source notes the possibility of converting them to living areas. Some units are vacant, while others are occupied, and the apartments are described as being in good but dated condition.
Electricity and gas are separately metered for the apartments. Both parcels carry R-1B zoning, and the combined lot measures 7,500 square feet. On-street parking is listed.
Electricity and gas are separately metered for the apartments. Both parcels carry R-1B zoning, and the combined lot measures 7,500 square feet. On-street parking is listed.
Key Highlights
- Six apartments across two brick buildings, offered together
- Each apartment has one bedroom, a den, and one bathroom
- Two apartments are vacant and four are occupied
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$43,865
Cap Rate
5.48%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$877,300
$877.3K
Cap Rate 7%
$626,643
$626.6K
Cap Rate 9%
$487,389
$487.4K
Market Conditions
NOI Build-Up for 2,640 SF
Gross rent
$84.0K $31.80/SF
− Vacancy
−$4.2K −$1.59/SF
EGI
$79.8K $30.21/SF
− OpEx
−$35.9K −$13.59/SF
NOI
$43.9K $16.62/SF
Area
Washington, DC
Vacancy
5.00%
Lease Rate
$31.80 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$877,300
Cap Rate 7%
$626,643
Cap Rate 9%
$487,389
Alternative Uses
Best Use
Apartment 5plus
$626.6K
$548.3K – $731.1K
NOI $43,865 @ 7.0% cap · market cap 5.48%
Second Best
—
—
no second resolved use
Theoretical Best
Office A
$1.36M
$1.19M – $1.58M
NOI $95,055 @ 7.0% cap · market cap 11.88%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
6
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
1,481
Businesses Nearby
Explore this area
Business Placement
Demographics for 20018, DC
20,646
Population
9,753
Households
2.1
Avg Household Size
39
Median Age
46%
College-Educated
89%
High-School Grad
3.0 sq mi
ZIP Area
6,882
Density / Sq Mi
$92,569
Median Household Income
$71,947
Median Earnings
$1,245
Median Rent
$672,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Two brick buildings contain apartments with den space and separately metered electric and gas service.
Where is this multifamily property located?
The property is located at 2513-15 22ND Street NE Washington, DC.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: Six apartments across two brick buildings, offered together; Each apartment has one bedroom, a den, and one bathroom; Two apartments are vacant and four are occupied
