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411 Atlantic St Se Washington, DC 20032

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For Sale
$600,000

Six-unit multifamily property in Congress Heights, Washington, DC.

Lot size:
0.13 Acres

Property Features for 411 Atlantic St Se

General Information

Standard status
Active
Lot size
0.13 Acres

Building Details

Year built
1953

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Listing Contact
Ari Firoozabadi
Source: Corcoran

Listing Agency: GREYSTEEL COMPANY LLC Listing Agent: Ari Firoozabadi

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

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Overview

Congress Heights Multifamily Investment

Located in the Congress Heights neighborhood of Southeast Washington, DC, 411 Atlantic Street SE presents a stabilized six-unit multifamily investment opportunity. The building features six units, each with a 2BR/1BA layout. Currently, the property is 100% occupied, with an average in-place rent of $1,286. This asset offers immediate in-place cash flow, with potential for long-term upside through future rent growth and operational improvements. The property benefits from its location in one of Southeast DC’s most active redevelopment corridors, with 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. The unit mix supports a broad tenant demographic including families, couples, and shared renters, reducing turnover risk and enhancing leasing stability. 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. Each unit features a 2BR/1BA layout, ideal for tenants seeking affordable two-bedroom housing within the District. This strong public transit access enhances renter appeal and positions the property for continued occupancy and long-term value appreciation.
Location Intelligence

Current Use by Public Records

Apartment buildings

Map

City
Washington
County
District of Columbia
State
DC
Longitude
-77.0000679
Latitude
38.8307505

FAQs

What type of property is this?
Apartment building - Six-unit multifamily property in Congress Heights, Washington, DC.
Where is this apartment building located?
The property is located at 411 Atlantic St Se Washington, DC.
What is the asking price?
The asking price for this property is $600,000.
What are key features of this property?
This property features: - Stabilized, 100% occupied six-unit multifamily property providing immediate cash flow.; - Below-market rents offer significant upside potential through future rent growth.; - Strategic location in Congress Heights, a rapidly developing area of Southeast DC.
More about this property
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