Side-by-Side Two-Unit Residential
4737 S CAPITOL Terrace SW, Washington, DC 20032
New
MULTI_FAMILY - Other - WASHINGTON, DC
Property size:
1,940 SFLot size:
0.10 AcresPrice / SF:
$206/SF- Added:
- Jul 2, 2026
- Days on Market:
- 7
- Last Refresh:
- Jul 8 at 7:06 pm
Property Features for 4737 S CAPITOL Terrace SW
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- Driveway, On Street
- Standard status
- Active
- Size
- 1,940 SF
- Lot size
- 0.10 Acres
Taxes and HOA fees
- Tax Annual Amount
- 3922
Utilities
- Heating system
- Forced Air
- Cooling system
- Central Air
Building Details
- Year built
- 1953
- Number of units
- 2
- Building materials
- Brick
- Architectural style
- Other
Listing agent Lisa S Wright (202) 509-1160
Listing office Stonegate Realty Group, LLC 513 HARVARD Street, WASHINGTON, DC (202) 387-3026
Listing date Jul 2, 2026
MLS# DCDC2271438
Listing URL
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.
HighLights
- Two‑unit property generating $3,400/month in rental income
- Side‑by‑side two‑unit option: purchase one or both buildings to create a four‑unit portfolio (adjacent 4741 South Capitol Terrace SW)
- Separate gas and electric meters for simplified tenant utility responsibility
- Brick construction with forced air heating and central air conditioning
- Separate utility and mechanical room for additional storage
- Year built: 1953
Overview
This offering is a well-maintained two-unit residential property in a duplex configuration, with updated, neutral interior finishes and a functional layout designed for comfortable, marketable living spaces. The apartments feature bright, spacious living areas with abundant natural light, luxury vinyl plank flooring, generously sized bedrooms, updated bathrooms, and large eat-in kitchens with ample cabinet and countertop space. A separate utility and mechanical room provides additional storage, and separate gas and electric meters support simpler tenant utility responsibility. The flexible two-unit setup can support different ownership approaches, including owner occupancy with rental income or full investment ownership.
The property is located at 4737 S Capitol Terrace SW in Washington, DC 20032. The listing notes an adjacent side-by-side two-unit building at 4741 South Capitol Terrace SW is also available for purchase, allowing an owner to acquire one or both buildings for a potential four-unit portfolio strategy.
For investors and owner-occupants, the current in-place rental income and the separately metered utilities are practical considerations when evaluating an ownership transition. The interior updates and apartment features, including eat-in kitchens and updated bathrooms, may also be relevant for tenants seeking move-in readiness while keeping day-to-day management streamlined through the separate metering configuration.
The property is located at 4737 S Capitol Terrace SW in Washington, DC 20032. The listing notes an adjacent side-by-side two-unit building at 4741 South Capitol Terrace SW is also available for purchase, allowing an owner to acquire one or both buildings for a potential four-unit portfolio strategy.
For investors and owner-occupants, the current in-place rental income and the separately metered utilities are practical considerations when evaluating an ownership transition. The interior updates and apartment features, including eat-in kitchens and updated bathrooms, may also be relevant for tenants seeking move-in readiness while keeping day-to-day management streamlined through the separate metering configuration.
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 | $52.4k | $27.00 |
| − Vacancy | −$2.7k | −$1.40 |
| EGI | $49.7k | $25.60 |
| − OpEx | −$14.9k | −$7.68 |
| NOI | $34.8k | $17.92 |
1,940 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$496.6K
$434.5K – $579.3K
NOI $34,759 @ 7.0% cap · market cap 8.69%
Second Best
Apartment 5plus
$460.5K
$402.9K – $537.2K
NOI $32,234 @ 7.0% cap · market cap 8.06%
Theoretical Best
Office A
$997.9K
$873.1K – $1.16M
NOI $69,851 @ 7.0% cap · market cap 17.47%
Zoning and permitted uses should be independently verified with local authorities.
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
Map
- City
- Washington
- County
- District of Columbia
- State
- District of Columbia
- Longitude
- -77.00744
- Latitude
- 38.82182
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Well-maintained two-unit duplex with separate utilities and updated interiors, currently generating rental income.
Where is this duplex located?
The property is located at 4737 S CAPITOL Terrace SW Washington, DC.
What is the asking price?
The asking price for this property is $399,900.
What are key features of this property?
This property features: Two‑unit property generating $3,400/month in rental income; Side‑by‑side two‑unit option: purchase one or both buildings to create a four‑unit portfolio (adjacent 4741 South Capitol Terrace SW); Separate gas and electric meters for simplified tenant utility responsibility
