320 ATLANTIC ST SE, Washington, DC 20032
320 ATLANTIC ST SE, Washington, DC 20032
320 ATLANTIC ST SE, Washington, DC 20032
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Listed by Abel Gebremichael • Keller Williams Capital Properties
$449,000
Est. payment /mo
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2,222 SqFt
Price Dropped by $50K

320 ATLANTIC ST SE Washington, DC 20032

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Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,222 sqft

Price per Sqft $202

MLS Listing ID DCDC2255204

Style Traditional

Abv Grd Liv Area 2,160

Year Built 1947

Available Date 2026-04-10

Annual Tax Amount $3,166

Tax Year 2025

Lot Size 3,125 Sqft

Acres 0.07

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

Property Description

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.

Location

State DC

County Washington

Zoning R-3

Interior

Hot Water Natural Gas

Heating Hot Water

Cooling None

Fireplace N

Heat Source Electric

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Block

Above Ground Finished SqFt 2160

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 6153//0003

Ownership Fee Simple

SqFt Source 2222

Acceptable Financing Cash, Conventional, FHA, VA

Listing Terms Cash, Conventional, FHA, VA

Financing Cash,Conventional,FHA,VA

Special Listing Condition Standard


Bright MLS (BMLS)

NEARBY SCHOOL & BUSINESS

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Sable Ponn

Sable Ponn

Agent | License ID: 0225228371

+1(540) 860-8966

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320 ATLANTIC ST SE