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MLS: #DCDC2284044, Listed By: Abel Gebremichael, Real Broker, LLC, Source:Bright MLS

1322 Downing Place

WASHINGTON, DC 20018
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Bed 4

Bed

Bath 0

Bath

SqFt2,600

Sqft

Acres0.08

Acre(Lot)

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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $629,000

AD Id : 91357523

MLS Id : DCDC2284044

Beds : 4

Lot Size : 0.08 Acre

Living Area Size : 2,600 Sq. Ft

Tax Amount : $6,395

Year Built : 1943

County : WASHINGTON

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Feature Features

  • Bedroom Information

    Total beds: 4

    Room Information

    Has Basement: Yes Basement: Other
  • Flooring Information

    Carpet
  • Interior Features

    Appliances: Gas Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Radiant Cooling: None

  • Building Information

    Year Built: 1943 Building Area Total: 3322 Construction Materials: Brick Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Acres: 0.08 Lot Size Source: Assessor Lot Size Square Feet: 3334

  • Listing Price Information

    Listing Price: $629000

  • Tax Information

    Parcel Number: 4027//0042 Tax Lot: 42 Tax Year: 2026 Annual Tax: $6395

  • Parking Information

    None

  • Location Information

    Direction: GPS WaterSource: Public
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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 10/08/2026 @ 02:43

MLS: DCDC2284044 LISTED BY: Abel Gebremichael, Real Broker, LLC 855-450-0442 SOURCE: Bright MLS

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