Detached Duplex with RA-4
721 50th Street Northeast Washington, DC 20019
721 50th Street Northeast, Washington, DC, 20019
$440,000
Pending
For Sale
$440,000
Pending
Fully detached, renovated two-unit duplex with 2 bed/1 bath units and in-unit washer/dryer on RA-4-zoned lot.
Property Size1,162 SF
Days on Market113
Property Features for 721 50th Street Northeast
General Information
- Standard status
- Pending
- Size
- 1,162 SF
- Property subtype
- Multi-Family / Fee Simple
Building Details
- Year Built
- 1950
Listing agency
Keller Williams Capital Properties
(202) 601-0160
Listed by
Abel M Gebremichael · License #SP98377913
(202) 601-0160
Source
Compass
Added: Apr 2 Updated: Jul 21 at 2:28PM Checked: Jul 22 at 10:40AM
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 Keller Williams Capital Properties
Investment Insights
Based on property information with market context.
This fully detached duplex has been renovated and configured as two separate residential units. Each unit features a functional 2-bedroom and 1-bathroom floor plan with durable flooring, modern kitchens with stone countertops, and stainless steel appliances. For in-unit convenience, both units include a private washer and dryer, along with high-efficiency climate control systems.
The property is situated in Washington, D.C. and is located in-city limits. The site is on RA-4 zoning, which the listing describes as intended for medium- to high-density residential development. The expansive rear lot provides outdoor space and potential for off-street parking. The listing also notes proximity to a local police station.
The property is sold strictly AS-IS.
The property is situated in Washington, D.C. and is located in-city limits. The site is on RA-4 zoning, which the listing describes as intended for medium- to high-density residential development. The expansive rear lot provides outdoor space and potential for off-street parking. The listing also notes proximity to a local police station.
The property is sold strictly AS-IS.
Key Highlights
- Fully detached, renovated 2‑unit duplex built in 1950 on a RA‑4‑zoned lot
- Each unit offers a 2‑bedroom, 1‑bath layout with updated interiors
- Modern kitchens in both units feature stone countertops and stainless steel appliances
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 | $34.2k | $29.40 |
| − Vacancy | −$2.1k | −$1.82 |
| EGI | $32.0k | $27.58 |
| − OpEx | −$9.6k | −$8.27 |
| NOI | $22.4k | $19.30 |
1,162 SF · lease $29.40/SF/yr · vacancy 6.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$320.4K
$280.4K – $373.9K
NOI $22,431 @ 7.0% cap · market cap 5.10%
Second Best
Apartment 5plus
$286.3K
$250.5K – $334.0K
NOI $20,041 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$624.4K
$546.4K – $728.5K
NOI $43,711 @ 7.0% cap · market cap 9.93%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Fully detached, renovated two-unit duplex with 2 bed/1 bath units and in-unit washer/dryer on RA-4-zoned lot.
Where is this duplex located?
The property is located at 721 50th Street Northeast Washington, DC.
What is the asking price?
The asking price for this property is $440,000.
What are key features of this property?
This property features: Fully detached, renovated 2‑unit duplex built in 1950 on a RA‑4‑zoned lot; Each unit offers a 2‑bedroom, 1‑bath layout with updated interiors; Modern kitchens in both units feature stone countertops and stainless steel appliances
