Two-Unit Duplex with Separate
For Sale
$399,900
4741 South Capitol Terrace SW, Washington, DC 20032
Bright apartments offer eat-in kitchens, updated bathrooms, and flexible owner-occupant or rental configurations.
Property Size1,992 SF
Price / SF$200.75
Days on Market8
Property Features for 4741 South Capitol Terrace SW
General Information
Standard status
Active
Size
1,992 SF
Property subtype
Multi-Family
Site & Location
Public Transit
Yes
Utilities to Site
Yes
Additional Details
Gross Income
$24,000
Multifamily Units
2
Building Details
Year Built
1953
Buildings
1
Listing Agency:
Stonegate Realty Group, LLC
(202) 509-1160
Listed By:
Lisa S Wright
Source:
Lgagne
Added: Aug 22
Changed: Aug 27
Last Checked: Aug 28 at 1:02PM
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 1953 duplex contains two residential units with bright living spaces, generously sized bedrooms, neutral finishes, and luxury vinyl plank flooring. Each apartment includes an eat-in kitchen with substantial cabinet and countertop space, while separate utility and mechanical areas provide added storage. Separate gas and electric meters support straightforward utility management. One unit is currently vacant, creating flexibility for an owner-occupant or a new resident.
The property is located at 4741 South Capitol Terrace SW in Washington, DC 20032, near Joint Base Anacostia-Bolling, National Harbor, Capitol Hill, Downtown Washington, DC, Metro, shopping, dining, parks, and major commuter routes. The neighboring duplex at 4737 South Capitol Terrace SW is also available, offering the option to pursue side-by-side ownership and a combined four-unit portfolio.
The property is located at 4741 South Capitol Terrace SW in Washington, DC 20032, near Joint Base Anacostia-Bolling, National Harbor, Capitol Hill, Downtown Washington, DC, Metro, shopping, dining, parks, and major commuter routes. The neighboring duplex at 4737 South Capitol Terrace SW is also available, offering the option to pursue side-by-side ownership and a combined four-unit portfolio.
Key Highlights
- Two‑unit duplex with one vacant unit
- Separate gas and electric meters for each unit
- Eat‑in kitchens with abundant cabinet and countertop space
Financial Insights
Estimated NOI and Cap Rate
NOI = area × lease_rate × (100 − vacancy) / 100 × (1 − expense_ratio). Net Operating Income — what the owner takes home each year before mortgage payments and income tax. Effective rent (asking rent minus vacancy losses) minus operating costs (taxes, insurance, maintenance, management).
NOI / Yr
$35,691
Cap rate = NOI / list price × 100. Capitalization rate — annual return on a fully cash purchase, before financing. NOI divided by price. Higher means more income per dollar invested, but usually also more risk or older condition. 5–8% is typical for stabilized commercial property; double digits often signal distressed deals.
Cap Rate
8.92%
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$713,820
$713.8K
Cap Rate 7%
$509,871
$509.9K
Cap Rate 9%
$396,567
$396.6K
Market Conditions
NOI Build-Up for 1,992 SF
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.
Gross rent
$53.8K $27.00/SF
− Vacancy
−$2.8K −$1.40/SF
EGI
$51.0K $25.60/SF
− OpEx
−$15.3K −$7.68/SF
NOI
$35.7K $17.92/SF
Area
Washington, DC
Vacancy
5.20%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap rates vary significantly by property type, market, and asset quality.
Typical U.S. stable-market ranges:
Multifamily — 4.5% to 6.5% (Class A in primary markets often sub-5%; Class C in secondary markets 6%+)
Industrial / Logistics — 5.0% to 7.0% (compressed heavily in recent years due to e-commerce demand)
Office — 6.5% to 9%+ (wide spread post-2020; CBD Class A vs. suburban Class B varies dramatically)
Retail — 5.5% to 8.5% (grocery-anchored on the low end, unanchored strip centers higher)
Hospitality / Hotels — 7.5% to 10%+ (higher due to operational risk)
Self-Storage — 5.5% to 7.5%
Medical Office — 6.0% to 7.5%
Net Lease (single tenant, credit) — 5.0% to 7.0% depending on tenant credit and lease term
Rules of thumb:
Primary markets (NYC, SF, LA, Boston, DC) trade at lower cap rates than secondary/tertiary markets, often by 100–200 bps (bps, aka basis points; 1 bp = 0.01%).
Class A assets trade ~50–150 bps tighter than Class B, and Class B tighter than Class C.
Cap rates move inversely with price — a lower cap rate means a higher price for the same NOI.
Spread to the 10-year Treasury is a common benchmark; historically 200–400 bps over the 10-year.
Cap Rate 5%
$713,820
Cap Rate 7%
$509,871
Cap Rate 9%
$396,567
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 authorities.
Property Analytics
Property Profile
Current Use
Lease Details
2
Residential units
Yes
Utilities to site
Location Intelligence
Trade Area within ½ mile
679
Businesses Nearby
Explore this area
Business Placement
Demographics for 20032, DC
38,904
Population
19,708
Households
2
Avg Household Size
33
Median Age
23%
College-Educated
88%
High-School Grad
5.2 sq mi
ZIP Area
7,482
Density / Sq Mi
$48,146
Median Household Income
$44,487
Median Earnings
$1,285
Median Rent
$391,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Duplex - Bright apartments offer eat-in kitchens, updated bathrooms, and flexible owner-occupant or rental configurations.
Where is this duplex located?
The property is located at 4741 South 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 duplex with one vacant unit; Separate gas and electric meters for each unit; Eat‑in kitchens with abundant cabinet and countertop space
