320 Atlantic St Se, Washington, DC 20032
Local realty services provided by:ERA Reed Realty, Inc.
320 Atlantic St Se,Washington, DC 20032
$449,000
- 2 Beds
- - Baths
- 2,222 sq. ft.
- Multi-family
- Active
Listed by: abel m gebremichael
Office: keller williams capital properties
MLS#:DCDC2255204
Source:BRIGHTMLS
Price summary
- Price:$449,000
- Price per sq. ft.:$202.07
About this home
STABILIZED DUPLEX WITH ADMINISTRATIVE & PHYSICAL UPSIDE. Positioned for the savvy owner-occupant or investor, this semi-detached duplex offers a rare combination of significant size and immediate cash flow. The Upper Unit: Spanning two levels, this expansive 5-Bedroom/2-Bathroom unit is currently occupied and generating $2,377/month in guaranteed income through the Housing Choice Voucher Program. There is immediate room to request a rent increase through the "Rent Reasonableness" process to align the 5-bedroom footprint with current sub-market benchmarks, providing a clear path to increased gross rent without additional capital expenditure.
THE LOWER UNIT: Recently updated and currently vacant, the lower-level 2-Bedroom unit features a fresh, neutral palette, a modern kitchen with white cabinetry, and new carpet. This unit is perfectly suited for an owner-occupant looking to house-hack or for an investor to place a new tenant at current market rates. Strategic Advantage: With one unit already stabilized and the other offering a "blank canvas," this property minimizes acquisition risk while offering two distinct paths to value-add appreciation....
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Home facts
- Year built:1947
- Listing ID #:DCDC2255204
- Added:24 day(s) ago
- Updated:May 04, 2026 at 01:42 PM
Rooms and interior
- Bedrooms:2
- Living area:2,222 sq. ft.
Heating and cooling
- Heating:Electric, Hot Water
Structure and exterior
- Year built:1947
- Building area:2,222 sq. ft.
- Lot area:0.07 Acres
- Architectural Style:Traditional
- Construction Materials:Brick
- Foundation Description:Block
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$449,000
- Price per sq. ft.:$202.07
- Tax amount:$3,166 (2025)
Parking
- Parking description:On Street
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