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1322 Downing Pl Ne, Washington, DC 20018

Washington
Local realty services provided by:CENTURY 21 Above and Beyond
1322 Downing Pl Ne,Washington, DC 20018
$629,000
  • 4 Beds
  • - Baths
  • 2,600 sq. ft.
  • Multi-family
  • Coming Soon
Listed by: abel m gebremichael
Office: real broker, llc.
MLS#:DCDC2284044
Source:BRIGHTMLS

Price summary

  • Price:$629,000
  • Price per sq. ft.:$241.92

About this home

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...

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Home facts

  • Year built:1943
  • Listing ID #:DCDC2284044
  • Updated:September 18, 2026 at 05:55 PM

Rooms and interior

  • Bedrooms:4
  • Flooring:Carpet
  • Basement:Yes
  • Living area:2,600 sq. ft.

Heating and cooling

  • Heating:Natural Gas, Radiator

Structure and exterior

  • Year built:1943
  • Building area:2,600 sq. ft.
  • Lot area:0.08 Acres
  • Architectural Style:A-Frame
  • Construction Materials:Brick

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$629,000
  • Price per sq. ft.:$241.92
  • Tax amount:$6,395 (2026)

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