1322 DOWNING PL NE, Washington, DC 20018
See all 24 photos
1322 DOWNING PL NE, Washington, DC 20018
1322 DOWNING PL NE, Washington, DC 20018
1322 DOWNING PL NE, Washington, DC 20018
1322 DOWNING PL NE, Washington, DC 20018
REQUEST A TOUR If you would like to see this home without being there in person, select the "Virtual Tour" option and your advisor will contact you to discuss available opportunities.
Paula Flagg

Paula Flagg

+1(202) 431-7210
Listed by Abel Gebremichael • Real Broker, LLC
$ 629,000
Est. payment /mo
Save
Coming Soon

1322 DOWNING PL NE Washington, DC 20018

2,600 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Quadruplex

Listing Status Coming Soon

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

Bright MLS (BMLS)
Nearby Locations
Paula Flagg

Paula Flagg

Agent

+1(202) 431-7210

GET MORE INFORMATION

Name
Phone*
Message

By checking this box, I agree by electronic signature to the Electronic Disclosure Consent Agreement; to receive recurring marketing communication from Paula Flagg, including auto-dialed calls, texts, and artificial/prerecorded voice messages (message frequency varies; data rates may apply; reply "STOP" to opt-out of texts or "HELP" for assistance); and to the Terms of Service and Privacy Policy of this website. Consent not required to make a purchase. I understand that I can call to obtain direct assistance.

Go tour this home

1322 DOWNING PL NE