Updated Duplex with Basement
For Sale
$469,999
4623 Hillside Rd SE, Washington, DC 20019
Four-bedroom residence with contemporary finishes and a separate lower-level access point.
Property Size1,900 SF
Price / SF$247.37
Days on Market26
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Property Features for 4623 Hillside Rd SE
General Information
Standard status
Active
Size
1,900 SF
Property subtype
Multi-Family
Building Details
Year Built
1946
Listing Agency:
RLAH @properties
Listed By:
Sherese Teixeira · License #SP40002361
(202) 422-1223
Source:
Baltimoreharfordhomesforsale
Added: Sep 20
Changed: Oct 15
Last Checked: Oct 14 at 11:37PM
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 RLAH @properties
Investment Insights
Based on property information with market context.
This duplex property at 4623 Hillside Road SE includes four bedrooms, 2.5 bathrooms, and 1900 square feet of living area. Interior features include Sea Island Oak-colored LVP flooring, recessed lighting, stainless steel appliances, modern bathroom finishes, and Bluetooth-enabled mirrors. A private basement entrance provides separate access to the lower level and supports flexible use of the interior space, subject to local regulations and requirements.
Built in 1946, the property is located in Washington, DC’s Fort Dupont neighborhood. The surrounding setting is residential, with access to I-495 and the Baltimore-Washington Parkway. Downtown DC and Reagan National Airport are also identified as accessible from the property.
Built in 1946, the property is located in Washington, DC’s Fort Dupont neighborhood. The surrounding setting is residential, with access to I-495 and the Baltimore-Washington Parkway. Downtown DC and Reagan National Airport are also identified as accessible from the property.
Key Highlights
- Duplex property with 4 bedrooms and 2.5 bathrooms
- 1900 square feet of living area
- Private basement entrance for separate lower‑level access
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$36,678
Cap Rate
7.80%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$733,560
$733.6K
Cap Rate 7%
$523,971
$524.0K
Cap Rate 9%
$407,533
$407.5K
Market Conditions
NOI Build-Up for 1,900 SF
Gross rent
$55.9K $29.40/SF
− Vacancy
−$3.5K −$1.82/SF
EGI
$52.4K $27.58/SF
− OpEx
−$15.7K −$8.27/SF
NOI
$36.7K $19.30/SF
Area
ZIP 20019
Vacancy
6.20%
Lease Rate
$29.40 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$733,560
Cap Rate 7%
$523,971
Cap Rate 9%
$407,533
Alternative Uses
Best Use
Multifamily LT 5
$524.0K
$458.5K – $611.3K
NOI $36,678 @ 7.0% cap · market cap 7.80%
Second Best
Apartment 5plus
$468.1K
$409.6K – $546.2K
NOI $32,770 @ 7.0% cap · market cap 6.97%
Theoretical Best
Office A
$1.02M
$893.4K – $1.19M
NOI $71,472 @ 7.0% cap · market cap 15.21%
Zoning and permitted uses should be independently verified with authorities.
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Current Use
Location Intelligence
Trade Area within ½ mile
511
Businesses Nearby
Explore this area
Business Placement
Demographics for 20019, DC
59,601
Population
29,244
Households
2
Avg Household Size
36
Median Age
25%
College-Educated
86%
High-School Grad
6.1 sq mi
ZIP Area
9,771
Density / Sq Mi
$57,031
Median Household Income
$49,707
Median Earnings
$1,174
Median Rent
$437,600
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 - Four-bedroom residence with contemporary finishes and a separate lower-level access point.
Where is this duplex located?
The property is located at 4623 Hillside Rd SE Washington, DC.
What is the asking price?
The asking price for this property is $469,999.
What are key features of this property?
This property features: Duplex property with 4 bedrooms and 2.5 bathrooms; 1900 square feet of living area; Private basement entrance for separate lower‑level access
