Description of 411 Atlantic St, Washington, DC 20032
Listing details for 411 Atlantic St, Washington, DC 20032 : 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.
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Listing Updated : 04-03-2026 at 9:32 AM EDT
Listing Provided By : Ari Firoozabadi, 2022802722, [email protected], Greysteel Company LLC
Source :
Bright MLS, MLS#: DCDC2240286
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Property Details
Overview
Status
Active
MLS #ID
DCDC2240286
Price
$600,000
Bedrooms
Bathrooms
Square Footage
Acres
0.13
Year
1953
Days on Site
50
Property Type
Commercial Sale
Property Sub Type
Five Or More Units
Price per Sq Ft
$0
Date Listed
Jan 7, 2026
Community Information for 411 Atlantic St, Washington, DC 20032