Washington, DC 20032,411 ATLANTIC ST SE
Listed by Ari Firoozabadi • Greysteel Company LLC
$600,000
Est. payment /mo
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5,500 Sqft Lot
Under Contract

411 ATLANTIC ST SE Washington, DC 20032

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Key Details

Property Type Commercial

Sub Type Five Or More Units

Listing Status Under Contract

Purchase Type For Sale

Subdivision Congress Heights

MLS Listing ID DCDC2240286

Year Built 1953

Annual Tax Amount $5,144

Tax Year 2025

Lot Size 5,500 Sqft

Acres 0.13

Property Sub-Type Five Or More Units

Source BRIGHT

Property 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.

Location

State DC

County Washington

Zoning R5A

Interior

Hot Water Natural Gas

Heating Forced Air

Cooling Window Unit(s)

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Sewer Public Sewer

Water Public

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 6166//0806

Ownership Fee Simple

Special Listing Condition Standard


Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

SCHOOLSPROPERTIES
Elementary Schools 20
  • 7

    Kipp Dc Aim Public Charter School Academy Public Charter School

    Public | 5 - 8

  • 6

    Center City Congress Heights Campus Public Charter School

    Public | PK - 8

  • 6

    John Hanson Montessori

    Public | PK - 8

  • 6

    Valley View Elementary School

    Public | PK - 6

  • 6

    Randle Highlands Elementary School

    Public | EE - 5

  • 5

    Eagle Academy Public Charter School Eagle Center at Mcgogney

    Public | PK - 3

  • 5

    Excel Academy Public Charter School

    Public | PK - 5

  • 5

    Achievement Preparatory Academy Public Charter School

    Public | 4 - 8

  • 5

    Ketcham Elementary School

    Public | EE - 5

  • 5

    Garfield Elementary School

    Public | EE - 5

  • 5

    John Hanson French Immersion

    Public | KG - 8

  • 5

    Apple Grove Elementary School

    Public | PK - 6

  • 5

    Beers Elementary School

    Public | EE - 5

  • 4

    Leckie Elementary School

    Public | EE - 5

  • 4

    Patterson Elementary School

    Public | EE - 5

  • 4

    Savoy Elementary School

    Public | EE - 5

  • 4

    Malcolm X Elementary School

    Public | EE - 5

  • 4

    Orr Elementary School

    Public | EE - 5

  • 4

    Panorama Elementary School

    Public | PK - 5

  • 3

    Martin Luther King Elementary School

    Public | EE - 5

Middle Schools 5
  • 5

    Friendship Public Charter School Tech Preparatory

    Public | 6 - 11

  • 2

    Hart Middle School

    Public | 6 - 8

  • 1

    Johnson Middle School

    Public | 6 - 8

  • 1

    Kramer Middle School

    Public | 6 - 8

  • 0

    Somerset Preparatory Academy Public Charter School

    Public | 6 - 8

High Schools 8
  • 8

    Thurgood Marshall Academy Public Charter School

    Public | 9 - 12

  • 8

    Kipp Dc College Preparatory Public Charter School

    Public | 9 - 12

  • 4

    Oxon Hill High School

    Public | 9 - 12

  • 3

    National Collegiate Preparatory Public Charter School

    Public | 9 - 12

  • 1

    Ballou High School

    Public | 9 - 12

  • 1

    Anacostia High School

    Public | 9 - 12

  • 1

    Potomac High School

    Public | 9 - 12

  • 0

    Ballou Stay

    Public | 9 - 11

School and business data provided by Attom Data.
Donnell Taylor
Donnell Taylor

Agent

+1(301) 634-2300 | donnelltaylor@taylormadeteam.net

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411 ATLANTIC ST SE