Four-Level Duplex with Outdoor
For Sale
$891,900
4037 22ND Street NE, Washington, DC 20018
Multi-Family, WASHINGTON, DC
Property Size3,399 SF
Lot Size0.12 Acres
Price / SF$262.40
Days on Market108
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.
Property Features for 4037 22ND Street NE
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Dining Room, Family Room, Basement
Parking
6
Parking features
Carport, Driveway, Off Street
Interior features
Bathroom - Soaking Tub, Bathroom - Jetted Tub, Bathroom - Stall Shower, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Breakfast Area, Combination Dining/Living, Combination Kitchen/Living, Dining Area, Efficiency, Entry Level Bedroom, Family Room Off Kitchen, Floor Plan - Open, Kitchen - Island, Primary Bath(s), Skylight(s), Walk-in Closet(s), Wood Floors
Appliances
Built-In Microwave, Dishwasher, Disposal, Exhaust Fan, Oven - Single, Oven/Range - Gas, Refrigerator, Stainless Steel Appliances, WaterHeater
Subdivision
BROOKLAND
High school
DUNBAR SENIOR
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
3,399 SF
Lot size
0.12 Acres
Taxes and HOA fees
Tax Annual Amount
6880
Utilities
Heating system
Central
Cooling system
Central Air
Building Details
Year built
1927
Number of units
1
Building materials
Brick, Wood Siding
Architectural style
Colonial
Listing Agency:
Keller Williams Capital Properties · Keller Williams Realty
(202) 243-7700
Listed By:
Yvonne T Lee II · License #644794
(301) 613-6070
Added: Jun 30
Changed: Sep 16
Last Checked: Oct 15 at 3:06PM
MLS# DCDC2270954
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 duplex offers 3,399 square feet across four finished levels on a 0.1192-acre corner lot. The main level combines kitchen, dining, and living areas in an open arrangement, with granite countertops, stainless steel appliances, an island, wood floors, and a bedroom with a full bath. Upper-level accommodations include spacious bedrooms, updated bathrooms, skylights, a walk-in closet, and a primary suite with a private deck. The lower level has its own entrance, living area, bedroom, and full bath.
Outdoor space is distributed throughout the home, with a deck, patio, or private retreat on each level. Secure gated off-street parking accommodates 4+ vehicles. Built in 1927 with a Colonial architectural style, the property is located at 4037 22nd Street NE in Washington, DC, near the Brookland Metro, a Metrobus stop, commuter routes, restaurants, parks, and shopping.
Outdoor space is distributed throughout the home, with a deck, patio, or private retreat on each level. Secure gated off-street parking accommodates 4+ vehicles. Built in 1927 with a Colonial architectural style, the property is located at 4037 22nd Street NE in Washington, DC, near the Brookland Metro, a Metrobus stop, commuter routes, restaurants, parks, and shopping.
Key Highlights
- 3,399 square feet across four finished levels
- 0.1192‑acre landscaped corner lot
- Lower level includes a separate entrance, living area, bedroom, and full bath
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$60,901
Cap Rate
6.83%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,218,020
$1.2M
Cap Rate 7%
$870,014
$870.0K
Cap Rate 9%
$676,678
$676.7K
Market Conditions
NOI Build-Up for 3,399 SF
Gross rent
$91.8K $27.00/SF
− Vacancy
−$4.8K −$1.40/SF
EGI
$87.0K $25.60/SF
− OpEx
−$26.1K −$7.68/SF
NOI
$60.9K $17.92/SF
Area
Washington, DC
Vacancy
5.20%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,218,020
Cap Rate 7%
$870,014
Cap Rate 9%
$676,678
Alternative Uses
Best Use
Multifamily LT 5
$870.0K
$761.3K – $1.02M
NOI $60,901 @ 7.0% cap · market cap 6.83%
Second Best
Apartment 5plus
$806.8K
$706.0K – $941.3K
NOI $56,476 @ 7.0% cap · market cap 6.33%
Theoretical Best
Office A
$1.75M
$1.53M – $2.04M
NOI $122,384 @ 7.0% cap · market cap 13.72%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
756
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
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
Frequently Asked Questions
What type of property is this?
Duplex - Flexible residential layout includes a lower-level suite with a separate entrance and full bath.
Where is this duplex located?
The property is located at 4037 22ND Street NE Washington, DC.
What is the asking price?
The asking price for this property is $891,900.
What are key features of this property?
This property features: 3,399 square feet across four finished levels; 0.1192‑acre landscaped corner lot; Lower level includes a separate entrance, living area, bedroom, and full bath
