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Side-by-Side Two-Unit Residential Income

4737 S CAPITOL Terrace SW Washington, DC 20032

4737 S CAPITOL Terrace SW, Washington, DC, 20032
$399,900
For Sale
Claim this Listing
$399,900

MULTI_FAMILY - Other - WASHINGTON, DC

Property Size1,940 SF
Lot Size0.10 Acres
Price / SF$206.13
AddedJul 2
Days on Market14
Last RefreshJul 15 at 9:06 am

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

Listing office Stonegate Realty Group, LLC 513 HARVARD Street, WASHINGTON, DC

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.


Investment Insights

Based on property information with market context.

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.

Key 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

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 (±1% cap)
NOI $34,759 @ 7.0% cap · market cap 8.69%
Second Best
Apartment 5plus
$460.5K
$402.9K – $537.2K (±1% cap)
NOI $32,234 @ 7.0% cap · market cap 8.06%
Theoretical Best
Office A
$997.9K
$873.1K – $1.16M (±1% cap)
NOI $69,851 @ 7.0% cap · market cap 17.47%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

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
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