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Two-Unit Duplex
For Sale
$289,000

4914-4916 JUST STREET NE, Washington, DC 20019

Residential property with two one-bedroom units and convenient access to Metro and bus lines.

Property Size1,420 SF
Days on Market226

Property Features for 4914-4916 JUST STREET NE

General Information

Standard status Active
Size 1,420 SF
Property subtype Duplex

Units

Unit Mix 2 x 1BR/1BA
Multifamily Units 2

Additional Details

Public Transit Yes

Building Details

Building Size 1,420 SF
Year Built 1941
Listing Agency: Clark Premier Realty Group
Listed By: Brittany Clark
Source: Aliciamathis.kw
Added: Mar 4 Changed: Oct 4 Last Checked: Oct 14 at 7:56PM

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 Clark Premier Realty Group

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Investment Insights

Based on property information with market context.

This duplex at 4914-4916 Just Street NE contains two residential units, each arranged with one bedroom and one bathroom. The property was built in 1941 and is being offered in its current AS-IS condition.

The Deanwood property is located less than one mile from Metro and bus lines, with access to Capitol Hill and Downtown DC. Its two-unit configuration provides a straightforward residential income property format in Washington, DC.

Key Highlights

  • Two‑unit duplex with one bedroom and one bathroom in each unit
  • Built in 1941
  • Less than one mile from Metro and bus lines

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$24,491
Cap Rate
8.47%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$489,820 $489.8K
Cap Rate 7%
$349,871 $349.9K
Cap Rate 9%
$272,122 $272.1K
Market Conditions
NOI Build-Up for 1,420 SF
Gross rent
$47.4K $33.36/SF
− Vacancy
−$2.8K −$2.00/SF
EGI
$44.5K $31.36/SF
− OpEx
−$20.0K −$14.11/SF
NOI
$24.5K $17.25/SF
Area
ZIP 20019
Vacancy
6.00%
Lease Rate
$33.36 /SF/Yr
Expense Ratio
45.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$489,820
Cap Rate 7%
$349,871
Cap Rate 9%
$272,122

Alternative Uses

Best Use
Multifamily LT 5
$391.6K
$342.7K – $456.9K (±1% cap)
NOI $27,412 @ 7.0% cap · market cap 9.49%
Second Best
Apartment 5plus
$349.9K
$306.1K – $408.2K (±1% cap)
NOI $24,491 @ 7.0% cap · market cap 8.47%
Theoretical Best
Office A
$763.1K
$667.7K – $890.3K (±1% cap)
NOI $53,416 @ 7.0% cap · market cap 18.48%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Spa & Massage Center Hair Salon Nail Salon Restaurant

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

680
Businesses Nearby

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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Residential property with two one-bedroom units and convenient access to Metro and bus lines.
Where is this duplex located?
The property is located at 4914-4916 JUST STREET NE Washington, DC.
What is the asking price?
The asking price for this property is $289,000.
What are key features of this property?
This property features: Two‑unit duplex with one bedroom and one bathroom in each unit; Built in 1941; Less than one mile from Metro and bus lines
More about this property
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