Back to Search
Pristine Two-Unit Investment Property

412 20th Street Northeast Washington, DC 20002

412 20th Street Northeast, Washington, DC, 20002
$1,299,900
For Sale
Claim this Listing
$1,299,900

Exceptional, separately metered two-unit property, ideal for investors.

Property Size3,600 SF
Price / SF$361.08
AddedMar 13
Days on Market126
Last RefreshJul 16 at 6:14 am

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 office Long & Foster Real Estate, Inc.

Listing date Mar 13, 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.


Investment Insights

Based on property information with market context.

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.

Key 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.

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 (±1% cap)
NOI $68,584 @ 7.0% cap · market cap 5.28%
Second Best
Apartment 5plus
$875.6K
$766.1K – $1.02M (±1% cap)
NOI $61,289 @ 7.0% cap · market cap 4.71%
Theoretical Best
Office A
$1.86M
$1.63M – $2.17M (±1% cap)
NOI $130,108 @ 7.0% cap · market cap 10.01%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

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.
Contact an agent
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message