Duplex with Second
For Sale
$469,999
4623 HILLSIDE Road SE, Washington, DC 20019
Multi-Family, WASHINGTON, DC
Property Size1,900 SF
Lot Size0.07 Acres
Price / SF$247.37
Days on Market16
Property Features for 4623 HILLSIDE Road SE
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Basement
Parking features
On Street
Interior features
2nd Kitchen, Floor Plan - Open, Kitchen - Island, Recessed Lighting
Appliances
Built-In Microwave, Dishwasher, Disposal, Dryer, Refrigerator, WaterHeater
Subdivision
FORT DUPONT PARK
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
1,900 SF
Lot size
0.07 Acres
Taxes and HOA fees
Tax Annual Amount
2632
Utilities
Heating system
Forced Air
Cooling system
Central Air
Amenities
Bluetooth-enabled mirrors
stainless-steel appliances
second kitchen
Building Details
Year built
1946
Number of units
2
Building materials
Brick
Architectural style
Colonial
Listing Agency:
RLAH @properties
(301) 652-0643
Listed By:
Sherese Teixeira · License #SP40002361
(202) 422-1223
Added: Sep 21
Changed: Oct 5
Last Checked: Oct 6 at 10:06AM
MLS# DCDC2284292
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.
This brick duplex, built in 1946, contains approximately 1,900 square feet across three levels. The 4-bedroom, 2.5-bath home has an open main-floor living and dining area, an updated kitchen with an island, and recessed lighting. A finished basement adds flexible space, a second kitchen, and a private exterior entrance. Recent work includes a new HVAC system, water heater, and electrical upgrades; stainless-steel appliances are also included.
The property occupies a 0.0667-acre lot in Washington, DC. I-495 and the Baltimore-Washington Parkway are identified as nearby commuter routes, with Downtown DC and Reagan National Airport also accessible. Parking is on street.
The property occupies a 0.0667-acre lot in Washington, DC. I-495 and the Baltimore-Washington Parkway are identified as nearby commuter routes, with Downtown DC and Reagan National Airport also accessible. Parking is on street.
Key Highlights
- 4 bedrooms and 2.5 bathrooms across three levels
- Approximately 1,900 square feet of finished living space
- Finished lower level has a second kitchen and private exterior entrance
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.
Property Analytics
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Current Use
Lease Details
Yes
Highway access
Yes
Paved road access
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
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Frequently Asked Questions
What type of property is this?
Duplex - Three-level layout includes a lower floor with its own exterior entrance and kitchen.
Where is this duplex located?
The property is located at 4623 HILLSIDE Road 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: 4 bedrooms and 2.5 bathrooms across three levels; Approximately 1,900 square feet of finished living space; Finished lower level has a second kitchen and private exterior entrance
