Pristine Two-Unit Investment
412 20th Street Northeast, Washington, DC 20002
Exceptional, separately metered two-unit property, ideal for investors.
Type:Multi-Family / Fee Simple
Property size:
3,600 SFPrice / SF:
$361/SF- Added:
- Mar 7, 2026
- Days on Market:
- 85
- Last Refresh:
- May 13 at 9:39 pm
Property Features for 412 20th Street Northeast
General Information
- Standard status
- Active
- Size
- 3,600 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1941
Listing agent Samuel R Davis License #ab95309 (202) 256-7039
Listing office Long & Foster Real Estate, Inc. (202) 256-7039
Listing date Mar 7, 2026
Source Compass
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.
HighLights
- Separately metered 2‑unit property, ideal for investors.
- Two 5‑bedroom, 2‑bath units, fully self‑contained with individual HVAC and hot water heaters.
- Currently 100% leased to Section 8 tenants, providing immediate rental income.
- Located in an up‑and‑coming neighborhood with ongoing construction, indicating potential appreciation.
- Each unit includes appliances: Built‑In Microwave, Dishwasher, Disposal, Dryer, Range Hood, Refrigerator, Stove, Washer, Washer/Dryer Stacked, Water Heater.
- Built in 1941 and in pristine condition.
Overview
This is a separately metered 2-unit property in pristine condition, suitable for investors seeking rental income and long-term growth. The property contains two 5-bedroom, 2-bath units. Each unit is fully self-contained and has its own HVAC and hot water heaters. The property is separately metered for electric. It is currently 100% leased out to Section 8 tenants. The property is located in an up-and-coming neighborhood with ongoing construction. The property is located in Washington, DC, within city limits and in the DISTRICT OF COLUMBIA PUBLIC SCHOOLS school district.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $103.7k | $28.80 |
| − Vacancy | −$5.7k | −$1.58 |
| EGI | $98.0k | $27.22 |
| − OpEx | −$29.4k | −$8.16 |
| NOI | $68.6k | $19.05 |
3,600 SF · lease $28.80/SF/yr · vacancy 5.50% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$979.8K
$857.3K – $1.14M
NOI $68,584 @ 7.0% cap · market cap 5.28%
Second Best
Apartment 5plus
$875.6K
$766.1K – $1.02M
NOI $61,289 @ 7.0% cap · market cap 4.71%
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M
NOI $130,108 @ 7.0% cap · market cap 10.01%
Zoning and permitted uses should be independently verified with local authorities.
Location Intelligence
Current Use by Public Records
Duplexes
Map
- City
- Washington
- County
- District of Columbia
- State
- District of Columbia
- Longitude
- -76.976419
- Latitude
- 38.895245
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Exceptional, separately metered two-unit property, ideal for investors.
Where is this duplex located?
The property is located at 412 20th Street Northeast Washington, DC.
What is the asking price?
The asking price for this property is $1,299,900.
What are key features of this property?
This property features: Separately metered 2‑unit property, ideal for investors.; Two 5‑bedroom, 2‑bath units, fully self‑contained with individual HVAC and hot water heaters.; Currently 100% leased to Section 8 tenants, providing immediate rental income.
