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sales rep | Brivity IDX

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411 Atlantic St SE , Washington, DC 20032
$480,000
Est. Payment: $2,663.19/mo
100 Sqft
0.13 Acres
Status: active under contract | Days on site: 72
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GRYS1 - 136386
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House Description

THE OPPORTUNITY 411 Atlantic Street SE offers a stabilized six-unit multifamily investment opportunity in the Congress Heights neighborhood of Southeast Washington, DC. The building consists of six 2BR/1BA units, all currently 100% occupied, with an average in-place rent of $1,286. The asset presents immediate in-place cash flow with long-term upside through future rent growth and operational improvements. STABILIZED INCOME WITH BELOW-MARKET RENTS With full occupancy and steady rental income, this property provides immediate yield for investors. Current rents are below market for comparable two-bedroom units in the area, creating a long-term opportunity for increased revenue through gradual rent adjustments and modest unit upgrades over time. SPACIOUS TWO-BEDROOM LAYOUTS Each unit features a 2BR/1BA layout, ideal for tenants seeking affordable two-bedroom housing within the District. The unit mix supports a broad tenant demographic including families, couples, and shared renters, reducing turnover risk and enhancing leasing stability. STRATEGIC CONGRESS HEIGHTS LOCATION Situated in one of Southeast DC’s most active redevelopment corridors, the property benefits from proximity to the Congress Heights and Southern Ave Metro Stations, as well as key commuter routes such as South Capitol Street and Suitland Parkway. It sits adjacent to the C13 and C15 Metrobus lines, which provide direct access north to the Potomac Ave and Anacostia Metro stations, and south to the Washington Highlands and Glassmanor areas. This strong public transit access enhances renter appeal and positions the property for continued occupancy and long-term value appreciation.

Highlights

Listed by Ari Firoozabadi , 2022802722 Greysteel Company LLC , 2022802722. Bright MLS

Property Type

Commercial Sale

Lot/Acreage
0.13

Year Built

1953

County

Washington

Neighborhood

Congress Heights

School District

District Of Columbia Public Schools

Listing ID

DCDC2273382

Questions about this listing?

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Interior Features

Air Cond:Window Unit(s)
Fireplaces:
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Zoning:R5A
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$2,663
Taxes
$429

Home Price

$480,000

Loan Details

30 yrs
7.417%

Down Payment

20%
$96,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$2,663.19

Principal

Taxes

Principal Taxes HOA Total
Monthly $2,663.19 $428.67 $0.00 $3,091.86
Yearly $31,958.32 $5,144.00 $0.00 $37,102.32
Total $958,749.54 $154,320.00 $0.00 $1,113,069.54
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Washington, DC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T11:13:36.000Z

© 2026 Bright MLS