411 ATLANTIC STREET SE
Washington, DC 20032
Price Upon Request
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.
Listing Courtesy of: Greysteel Company LLC
202-280-2722
| Listing Id: | DCDC2273382 |
|---|---|
| Property Type: | Commercial Sale |
| Property Sub Type: | Five Or More Units |
| Status: | Active Under Contract |
| Tax Annual Amount: | $5,144 |
| Lot Size Square Feet: | 5,500.0 |
| Lot Size Acres: | 0.13 |
| Waterfront?: | No |
| City: | Washington |
| Counties Or Regions: | Washington |
| Subdivision Name: | Congress Heights |
| Postal Code: | 20032 |
| Year Built: | 1953 |
| Number Of Units Total: | 6 |
| Listing Agreement: | Exclusive Agency |
| Frequency: | Annually |
| Client Application Edited Yn: | Yes |
| Mls List Date: | 2026-07-14 |
| State Or Province: | DC |
| Postal Code Plus4: | 3736 |
| Legal Subdivision: | Congress Heights |
| Possession: | Other |
| Directions: | ... |
| School District Sources: | Listing Agent |
| School District Key: | 121140357950 |
| Cooling: | Window Unit(s) |
| Construction Materials: | Brick |
| Building Area Total: | 100.0 |
| Accessibility Features: | None |
| Heating: | Forced Air |
| Heating?: | Yes |
| Building Area Source: | Estimated |
| Year Built Source: | Estimated |
| Basement Yn: | No |
| Cooling Fuel: | Electric |
| Heating Fuel: | Natural Gas |
| Hot Water: | Natural Gas |
| Other Units: | Unit 1, Unit 1, Unit 1, Unit 1, Unit 1 |
| Net Square Feet: | 5,532.0 |
| Type Of Parking: | On Street |
| Assessment Year: | 2025 |
| In City Limits Yn: | Yes |
| City Town Tax: | $5,144.00 |
| City Tax Frequency: | Annually |
| County Tax Frequency: | Annually |
| Land Use Code: | 0 |
| Tax Assessment Amount: | $579,080.00 |
| Tax Year: | 2025 |
| Zoning: | R5A |
| Listing Tax: | 6166//0806 |
| Ownership: | Fee Simple |
| Special Listing Conditions: | Standard |
| Lot Size Source: | Estimated |
| Lot Size Units: | Square Feet |
| Soil Types: | Soil Study Avail |
| Sewer: | Public Sewer |
| Water Source: | Public |
| Business Type: | Apartment Building |
| School District NameSchool District: | DISTRICT OF COLUMBIA PUBLIC SCHOOLS |
| Short Sales: | No |
| Tenancy Svo: | Multiple |
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Property Last Updated: October 26, 2026 09:23 PM - ET
