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Listed by Abel Gebremichael • Real Broker, LLC

$629,000

Est. payment - /mo

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2,600 SqFt

New

1322 DOWNING PL NE Washington, DC 20018

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DC Homes Guide

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Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Active

Purchase Type For Sale

Square Footage 2,600 sqft

Price per Sqft $241

MLS Listing ID DCDC2284044

Style A-Frame

Abv Grd Liv Area 2,600

Year Built 1943

Available Date 2026-09-23

Annual Tax Amount $6,395

Tax Year 2026

Lot Size 3,334 Sqft

Acres 0.08

Property Sub-Type Quadruplex

Source BRIGHT

Property Description

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.

Location

State DC

County Washington

Zoning R-3

Rooms

Basement Other

Interior

Hot Water Natural Gas

Heating Radiator

Cooling None

Flooring Carpet

Fireplace N

Heat Source Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Private Pool No

Building

Above Ground Finished SqFt 2600

Sewer Public Sewer

Water Public

Architectural Style A-Frame

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 4027//0042

Ownership Fee Simple

SqFt Source 2600

Acceptable Financing Cash, Conventional, Exchange, FHA, FHA 203(k), VA, Other

Listing Terms Cash, Conventional, Exchange, FHA, FHA 203(k), VA, Other

Financing Cash,Conventional,Exchange,FHA,FHA 203(k),VA,Other

Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS

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DC Homes Guide

REALTOR® & Broker-Owner ibib98374181

+1(202) 643-4687

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1322 DOWNING PL NE Washington, DC 20018

DC Homes Guide

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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1322 DOWNING PL NE