1322 DOWNING PLACE NE
Washington, DC 20018
Price Upon Request
ATTRACTIVE SELLER FINANCING AVAILABLE. Negotiable terms offered for qualified buyers. Inquire with the listing agent for details and terms.
1322 DOWNING PL NE: 4-UNIT ASSET WITH VALUE-ADD & OWNER-OCCUPANT UPSIDE. Solid brick 4-unit building situated in an established Northeast D.C. corridor, featuring three occupied units providing immediate rental income and one vacant unit ready for owner-occupancy or market lease-up.
Offered at exceptional price, the property presents a direct physical value-add opportunity to build equity over time through systematic interior renovations and finish updates. Purchasing this 4-unit building as a qualifying individual owner-occupant provides the legal pathway to file for the Small Landlord Exemption from D.C. rent control stabilization regulations with the Rental Accommodations Division (RAD).
An owner-occupant can utilize incoming rents from the three occupied units to directly offset monthly mortgage debt service while incrementally executing property improvements. This strategy allows the owner to reposition the building and capture significant long-term equity appreciation as local market fundamentals continue to recover and strengthen.
DISCLAIMER: buyer's broker are responsible for performing all due diligence to verify existing lease terms, Certificate of Occupancy status, Basic Business License requirements, and RAD rent control exemption filing criteria.
Listing Courtesy of: Real Broker, LLC
202-601-0160
| Listing Id: | DCDC2284044 |
|---|---|
| Property Type: | Multi-Family |
| Property Sub Type: | Quadruplex |
| Status: | Active |
| Living Area: | 2,600 |
| Tax Annual Amount: | $6,395 |
| Lot Size Square Feet: | 3,334.0 |
| Lot Size Acres: | 0.08 |
| Architectural Style: | A-Frame |
| Waterfront?: | No |
| City: | Washington |
| Counties Or Regions: | Washington |
| Postal Code: | 20018 |
| Year Built: | 1943 |
| Number Of Units Total: | 4 |
| Listing Agreement: | Exclusive Right |
| Frequency: | Annually |
| One Bedroom Units: | 4 |
| Financing Types: | Cash, Conventional, Exchange, FHA, FHA 203(k), VA, Other |
| Mls List Date: | 2026-09-23 |
| Expected On Market Date: | 2026-09-23 |
| State Or Province: | DC |
| Postal Code Plus4: | 3515 |
| Legal Subdivision: | Brentwood |
| Possession: | Immediate |
| Directions: | GPS |
| School District Key: | 121140357950 |
| Above Grade Finished Area: | 2,600 |
| Above Grade Finished Area Units: | Square Feet |
| Below Grade Finished Area Source: | Assessor |
| Basement: | Other |
| Below Grade Finished Area Units: | Square Feet |
| Cooling: | None |
| Construction Materials: | Brick |
| Flooring: | Carpet |
| Accessibility Features: | None |
| Heating: | Radiator |
| Heating?: | Yes |
| Above Grade Finished Area Source: | Assessor |
| Living Area Source: | Assessor |
| Other Structures: | Above Grade, Below Grade |
| Year Built Source: | Assessor |
| Property Condition: | Below Average |
| Basement Yn: | Yes |
| Below Grade Unfinished Area: | 722 |
| Below Grade Unfinished Area Source: | Assessor |
| Below Grade Unfinished Area Units: | Square Feet |
| Cooling Fuel: | None |
| Heating Fuel: | Natural Gas |
| Hot Water: | Natural Gas |
| Other Units: | Unit 1, Unit 1, Unit 1, Unit 1 |
| Type: | Other |
| Type Of Parking: | None |
| Below Grade Area Total: | 722 |
| Source Of Measure Bg: | Assessor |
| Area Total: | 3,322 |
| Source Of Measure: | Assessor |
| Assessment Year: | 2026 |
| In City Limits Yn: | Yes |
| City Town Tax: | $6,395.00 |
| City Tax Frequency: | Annually |
| County Tax Frequency: | Annually |
| Tax Assessment Amount: | $743,830.00 |
| Tax Year: | 2026 |
| Zoning: | R-3 |
| Listing Tax: | 4027//0042 |
| Auto Update Tax Data Yn: | Yes |
| Ownership: | Fee Simple |
| Special Listing Conditions: | Standard |
| Lot Size Source: | Assessor |
| Lot Size Units: | Square Feet |
| Number Of Units Leased: | 3 |
| Pool Types: | No Pool |
| Rent Control?: | Yes |
| Soil Types: | Chillum-Urban Land Complex |
| Owner Pays: | Repairs, Water, TrashCollection |
| Sewer: | Public Sewer |
| Water Source: | Public |
| Lease Types: | Month to Month |
| Number Of Units Month to Month: | 3 |
| Number Of Units Vacant: | 1 |
| Operating Expense Includes: | Trash |
| Income Includes: | Apartment Rentals |
| School District NameSchool District: | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
| Short Sales: | No |
Copyright 2026 Bright MLS. All rights reserved. Information deemed reliable but is not guaranteed. The data relating to real estate for sale on this web site comes in part from the Internet Data Exchange Program of Bright MLS. Real estate listings held by brokerage firms other than the owner of this page include the name of the listing broker. Information provided is for consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. This site will be monitored for 'scraping' and any use of search facilities of data on the site other than by a consumer looking to purchase real estate is prohibited. Listing broker has attempted to offer accurate data, but buyers are advised to confirm all items. Bright MLS data last updated on October 27, 2026 01:13 AM - ET
Property Last Updated: October 27, 2026 01:13 AM - ET
