320 ATLANTIC ST SE
Washington, DC 20032

$399,900 For Sale:
Quick Facts
  • Area:2222sq ft
  • Style:Traditional
  • Year Built:1947
  • Lot Size:0.07 acres

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.

StatusBackup
Added to RealtyWatchMay 22, 2026 - 52 days ago
Listing Office Keller Williams Capital Properties, Abel M Gebremichael
MLS IDDCDC2263310

Schedule a Showing

Interior

  • A/C: None
  • Heating: true, Hot Water, Electric
  • Disability Feature: None

Exterior

  • General: Above Grade, Below Grade
  • Style: Traditional

Construction

  • General: Brick, Block

Location

  • Originating MLS: BRIGHT_MAIN
  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • County: WASHINGTON-DC

Lot

  • Zoning: R-3, 6153//0003

Utilities

  • Water: Public
  • Sewer: Public Sewer

Financial

  • Source: BRIGHT_MAIN

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