1322 Downing Pl Ne, Washington, DC 20018

Washington
Local realty services provided by:Better Homes and Gardens Real Estate GSA Realty
1322 Downing Pl Ne,Washington, DC 20018
$629,000
  • 4 Beds
  • - Baths
  • 2,600 sq. ft.
  • Multi-family
  • Active
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

ATTRACTIVE SELLER FINANCING AVAILABLE. Negotiable terms offered for qualified buyers. Inquire with the listing agent for details and terms. 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...

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Home facts

  • Year built:1943
  • Listing ID #:DCDC2284044
  • Added:54 day(s) ago
  • Updated:November 12, 2026 at 03:13 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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