Contemporary Two-Unit
For Sale
$794,000
4312 HAYES Street NE, Washington, DC 20002
Multi-Family, WASHINGTON, DC
Property Size3,218 SF
Lot Size0.07 Acres
Price / SF$246.74
Days on Market75
Property Features for 4312 HAYES Street NE
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Property condition
Under Construction
Parking
2
Parking features
Off Street
Subdivision
DEANWOOD
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
3,218 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
375
Utilities
Heating system
Central
Cooling system
Central Air
Amenities
laundry
Building Details
Year built
2026
Number of units
2
Building materials
Mixed
Architectural style
Contemporary
Listing Agency:
Redfin Corp
(202) 759-7581
Listed By:
Chelsea Lanise Traylor · License #SP98362569
(703) 989-4903
Added: Jul 24
Changed: Sep 8
Last Checked: Oct 6 at 6:06AM
MLS# DCDC2268768
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.
Scheduled for completion in 2026, this contemporary duplex contains 3,218 square feet across two separately metered residences. The upper home provides three bedrooms and 3.5 bathrooms, with a main-level bedroom suite, two additional upstairs suites, two large closets in the primary suite, a Juliette balcony, and an upper-floor laundry closet. The lower residence has one bedroom, one bathroom, a private entrance, full kitchen, separate laundry appliances, and substantial storage. Central heating and central air serve the property, which is currently under construction.
The property sits at 4312 Hayes Street NE in Washington, DC 20002, within the Deanwood area. Deanwood Metro Station, Marvin Gaye Park, Deanwood Recreation Center, and Deanwood Community Garden are identified nearby. Commuter routes include Route 50, I-295, and I-495, with access toward Downtown Washington, Capitol Hill, the H Street Corridor, and Maryland.
The 0.0689-acre parcel includes off-street parking. The two-residence layout supports separate household arrangements, including an owner-occupied upper home with the lower unit available for rental, guests, or extended family.
The property sits at 4312 Hayes Street NE in Washington, DC 20002, within the Deanwood area. Deanwood Metro Station, Marvin Gaye Park, Deanwood Recreation Center, and Deanwood Community Garden are identified nearby. Commuter routes include Route 50, I-295, and I-495, with access toward Downtown Washington, Capitol Hill, the H Street Corridor, and Maryland.
The 0.0689-acre parcel includes off-street parking. The two-residence layout supports separate household arrangements, including an owner-occupied upper home with the lower unit available for rental, guests, or extended family.
Key Highlights
- Two‑unit duplex totaling 3,218 square feet on a 0.0689‑acre parcel
- Upper residence offers 3 bedrooms and 3.5 bathrooms
- Lower residence includes 1 bedroom, 1 bathroom, full kitchen, and private entrance
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
NOI $61,307 @ 7.0% cap · market cap 7.72%
Second Best
Apartment 5plus
$782.6K
$684.8K – $913.1K
NOI $54,785 @ 7.0% cap · market cap 6.90%
Theoretical Best
Office A
$1.66M
$1.45M – $1.94M
NOI $116,302 @ 7.0% cap · market cap 14.65%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
2
Residential units
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
886
Businesses Nearby
Explore this area
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
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Frequently Asked Questions
What type of property is this?
Duplex - Newly built residential income property with separately metered units and flexible owner-occupant or rental use.
Where is this duplex located?
The property is located at 4312 HAYES Street 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 totaling 3,218 square feet on a 0.0689‑acre parcel; Upper residence offers 3 bedrooms and 3.5 bathrooms; Lower residence includes 1 bedroom, 1 bathroom, full kitchen, and private entrance
