Two-Unit Side-by-Side Income
4741 South Capitol Terrace Southwest Washington, DC 20032
4741 South Capitol Terrace Southwest, Washington, DC, 20032
$399,900
For Sale
$399,900
Well-maintained two-unit building with separate utility systems and one vacant unit for immediate leasing flexibility.
Property Size1,992 SF
Price / SF$200.75
Days on Market40
Property Features for 4741 South Capitol Terrace Southwest
General Information
- Standard status
- Active
- Size
- 1,992 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1953
Listing agency
Stonegate Realty Group, LLC
(202) 509-1160
Listed by
Lisa S Wright
(202) 509-1160
Source
Compass
Added: Jun 13 Updated: Jul 21 at 2:59AM Checked: Jul 21 at 2:59AM
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 Stonegate Realty Group, LLC
Investment Insights
Based on property information with market context.
This well-maintained two-unit, side-by-side income property is offered for sale and presents immediate rental upside with one vacant unit. Each unit is described as having bright, spacious living areas with abundant natural light, luxury vinyl plank flooring, neutral finishes, 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 the property is supported by separate gas and electric meters to help simplify tenant utility responsibility.
The listing notes the option to purchase one building or both adjacent side-by-side two-unit buildings. The adjacent property at 4737 South Capitol Terrace SW is also available, which could enable an expanded multi-unit ownership structure.
The seller describes current rental income of $2,000 per month, with the benefit of potential additional income through the currently vacant unit or owner occupancy, subject to lender guidelines for qualified owner-occupants.
The listing notes the option to purchase one building or both adjacent side-by-side two-unit buildings. The adjacent property at 4737 South Capitol Terrace SW is also available, which could enable an expanded multi-unit ownership structure.
The seller describes current rental income of $2,000 per month, with the benefit of potential additional income through the currently vacant unit or owner occupancy, subject to lender guidelines for qualified owner-occupants.
Key Highlights
- Well‑maintained side‑by‑side two‑unit building built in 1953
- Currently generating $2,000/month rental income with one vacant unit
- Separate gas and electric meters to help simplify 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 | $53.8k | $27.00 |
| − Vacancy | −$2.8k | −$1.40 |
| EGI | $51.0k | $25.60 |
| − OpEx | −$15.3k | −$7.68 |
| NOI | $35.7k | $17.92 |
1,992 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$509.9K
$446.1K – $594.9K
NOI $35,691 @ 7.0% cap · market cap 8.92%
Second Best
Apartment 5plus
$472.8K
$413.7K – $551.6K
NOI $33,098 @ 7.0% cap · market cap 8.28%
Theoretical Best
Office A
$1.02M
$896.5K – $1.20M
NOI $71,723 @ 7.0% cap · market cap 17.94%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
Similar For Sale Nearby
FAQs
What type of property is this?
Duplex - Well-maintained two-unit building with separate utility systems and one vacant unit for immediate leasing flexibility.
Where is this duplex located?
The property is located at 4741 South Capitol Terrace Southwest 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: Well‑maintained side‑by‑side two‑unit building built in 1953; Currently generating $2,000/month rental income with one vacant unit; Separate gas and electric meters to help simplify tenant utility responsibility
