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New Construction Two-Unit Duplex
For Sale
$794,000

4312 HAYES ST NE, Washington, DC 20002

Separate utility metering and private garage parking support flexible owner-occupant or rental use.

Property Size3,218 SF
Price / SF$246.74
Days on Market76
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Property Features for 4312 HAYES ST NE

General Information

Standard status Active
Size 3,218 SF
Total Parking Spaces 2
Property subtype Multi-family

Additional Details

Highway Access Yes

Amenities

floor-to-ceiling windows
Juliette balcony
private entrance
washer/dryer
generous storage

Building Details

Buildings 1
Tenancy Multi
Abandoned No
Listing Agency: Redfin Corp
Listed By: Chelsea Lanise Traylor · License #SP98362569
Source: Towncentermd
Added: Aug 1 Changed: Oct 5 Last Checked: Oct 14 at 10:26PM

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 Redfin Corp

Investment Insights

Based on property information with market context.

Completed in 2026, this new-construction duplex contains two separately metered residences with distinct entrances and flexible living arrangements. The upper unit offers 3 bedrooms and 3.5 bathrooms across a multi-level layout, including a main-level bedroom with an en suite bath, two additional bedroom suites, a primary retreat with two large closets and a Juliette balcony, and an upper-level laundry closet. Floor-to-ceiling and oversized windows bring natural light into the open living areas.

The lower residence provides 1 bedroom and 1 bathroom, a private entrance, full kitchen, separate washer and dryer, and substantial storage. Both units are supported by secure two-vehicle garage parking with remote-controlled access. The property is near Deanwood Metro Station, Marvin Gaye Park, Deanwood Recreation Center, and Deanwood Community Garden, with access to shopping, dining, Downtown Washington, DC, Capitol Hill, the H Street Corridor, Maryland, Route 50, I-295, and I-495.

Key Highlights

  • Two‑unit duplex completed in 2026
  • Upper residence includes 3 bedrooms and 3.5 bathrooms
  • Lower residence features 1 bedroom, 1 bathroom, and a full kitchen

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$61,307
Cap Rate
7.72%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,226,140 $1.2M
Cap Rate 7%
$875,814 $875.8K
Cap Rate 9%
$681,189 $681.2K
Market Conditions
NOI Build-Up for 3,218 SF
Gross rent
$92.7K $28.80/SF
− Vacancy
−$5.1K −$1.58/SF
EGI
$87.6K $27.22/SF
− OpEx
−$26.3K −$8.16/SF
NOI
$61.3K $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%
$1,226,140
Cap Rate 7%
$875,814
Cap Rate 9%
$681,189

Alternative Uses

Best Use
Multifamily LT 5
$875.8K
$766.3K – $1.02M (±1% cap)
NOI $61,307 @ 7.0% cap · market cap 7.72%
Second Best
Apartment 5plus
$782.6K
$684.8K – $913.1K (±1% cap)
NOI $54,785 @ 7.0% cap · market cap 6.90%
Theoretical Best
Office A
$1.66M
$1.45M – $1.94M (±1% cap)
NOI $116,302 @ 7.0% cap · market cap 14.65%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Law Firm Building Supply Real Estate Agency Hair Salon Nail Salon Kitchen & Bath Showroom

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

Multi-tenant
Tenancy
Yes
Highway access

Location Intelligence

Trade Area within ½ mile

886
Businesses Nearby

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
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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Separate utility metering and private garage parking support flexible owner-occupant or rental use.
Where is this duplex located?
The property is located at 4312 HAYES ST NE Washington, DC.
What is the asking price?
The asking price for this property is $794,000.
What are key features of this property?
This property features: Two‑unit duplex completed in 2026; Upper residence includes 3 bedrooms and 3.5 bathrooms; Lower residence features 1 bedroom, 1 bathroom, and a full kitchen
More about this property
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