Two-Unit Separately Metered
For Sale
$1,600,000
412 20TH Street NE, Washington, DC 20002
Separate HVAC, hot water, and electric systems support independent unit operations.
Property Size3,400 SF
Price / SF$470.59
Days on Market100
Property Features for 412 20TH Street NE
General Information
Standard status
Active
Size
3,400 SF
Property subtype
Multi-family
Occupancy
100%
Lease Term
[]
Site & Location
Neighborhood
Rosedale
Units
Unit Mix
2 x 5BR/2BA
Multifamily Units
2
Additional Details
Asking Price
$1,600,000
Building Details
Year Built
1941
Tenancy
Multi
Listing Agency:
Long & Foster Real Estate,Inc.
Listed By:
Samuel R Davis · License #AB95309
(202) 256-7039
Source:
Deepcreeklake
Added: Jul 22
Changed: Oct 28
Last Checked: Oct 28 at 8:38AM
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 Long & Foster Real Estate,Inc.
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Investment Insights
Based on property information with market context.
This duplex contains two self-contained residential units, each configured with five bedrooms and two bathrooms. The units have individual HVAC equipment, dedicated hot water heaters, and separate electric metering, allowing each residence to operate independently. The property was built in 1941 and is currently fully leased to Housing Choice Voucher tenants.
Located at 412 20TH Street NE in Washington, DC, the building offers a two-unit configuration with distinct utility systems and residential layouts. The combination of separate mechanical equipment, dedicated hot water service, and individual electric meters provides clear operational separation between the units.
Located at 412 20TH Street NE in Washington, DC, the building offers a two-unit configuration with distinct utility systems and residential layouts. The combination of separate mechanical equipment, dedicated hot water service, and individual electric meters provides clear operational separation between the units.
Key Highlights
- Two residential units, each with 5 bedrooms and 2 bathrooms
- Separate electric meters for each unit
- Individual HVAC systems and dedicated hot water heaters
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$64,774
Cap Rate
4.05%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,295,480
$1.3M
Cap Rate 7%
$925,343
$925.3K
Cap Rate 9%
$719,711
$719.7K
Market Conditions
NOI Build-Up for 3,400 SF
Gross rent
$97.9K $28.80/SF
− Vacancy
−$5.4K −$1.58/SF
EGI
$92.5K $27.22/SF
− OpEx
−$27.8K −$8.16/SF
NOI
$64.8K $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%
$1,295,480
Cap Rate 7%
$925,343
Cap Rate 9%
$719,711
Alternative Uses
Best Use
Multifamily LT 5
$925.3K
$809.7K – $1.08M
NOI $64,774 @ 7.0% cap · market cap 4.05%
Second Best
Apartment 5plus
$826.9K
$723.6K – $964.7K
NOI $57,884 @ 7.0% cap · market cap 3.62%
Theoretical Best
Office A
$1.76M
$1.54M – $2.05M
NOI $122,880 @ 7.0% cap · market cap 7.68%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Open Analytics
Lease Details
2
Residential units
100%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
1,189
Businesses Nearby
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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 - Separate HVAC, hot water, and electric systems support independent unit operations.
Where is this duplex located?
The property is located at 412 20TH Street NE Washington, DC.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Two residential units, each with 5 bedrooms and 2 bathrooms; Separate electric meters for each unit; Individual HVAC systems and dedicated hot water heaters
