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Value-Add Four-Unit and Duplex Portfolio
For Sale
$800,000

2513-2515 22nd Street Ne, Washington, DC 20018

Six one-bedroom-plus-den apartments offer room to reconfigure and expand into large unfinished basements.

Property Size7,500 SF
Price / SF$106.67
Days on Market108

Property Features for 2513-2515 22nd Street Ne

General Information

Standard status Active
Size 7,500 SF
Property subtype Multi-Family

Building Details

Year Built 1941
Listing Agency:
Listed By: Keller Williams Capital Properties
Source: Xome
Added: Apr 18 Changed: Jul 10 Last Checked: Aug 3 at 3:01AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Keller Williams Capital Properties

Investment Insights

Based on property information with market context.

This sale bundles two residential buildings: 2513 22nd St NE, a two-unit property, and 2515 22nd St NE, a four-unit property, for a total of six apartments. All units are configured as one bedroom plus den and one bathroom, and the layout may be adaptable to add bedrooms. Each building also has a large unfinished basement that could potentially be converted into additional living space. Electric and gas service are separately metered, and the units are described as being in good condition, though dated.

Both parcels are zoned R-1B. The lot is large and deep, measuring 7,500 SF. At the time of listing, two units are vacant while four units are occupied. In-place rents are reported to range from $1,000 per month to $1,384 per month.

For buyers seeking a renovation and repositioning project, this portfolio offers a straightforward multifamily configuration with dated interiors and multiple expansion paths via basement conversion. The separately metered utilities and the current mix of occupied and vacant units may support a staged approach to upgrades and leasing.

Key Highlights

  • Two‑building multifamily package sold together: 2513 22nd St NE (2 units) and 2515 22nd St NE (4 units) for 6 total apartments
  • All 6 units are 1 bedroom + den, 1 bath apartments; possible to add bedrooms in all units
  • Large unfinished basements for all buildings, offering conversion potential to additional living space

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Spa & Massage Center Skin Care Clinic Nail Salon Accounting Firm (Bike/Boat/Book/etc) 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.

Location Intelligence

Trade Area within ½ mile

938
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Duplex - Six one-bedroom-plus-den apartments offer room to reconfigure and expand into large unfinished basements.
Where is this duplex located?
The property is located at 2513-2515 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: Two‑building multifamily package sold together: 2513 22nd St NE (2 units) and 2515 22nd St NE (4 units) for 6 total apartments; All 6 units are 1 bedroom + den, 1 bath apartments; possible to add bedrooms in all units; Large unfinished basements for all buildings, offering conversion potential to additional living space
More about this property
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