Investment Opportunity – Entirely Vacant Multifamily Building! Situated at 413 Atlantic St SE, this completely vacant multifamily property boasts four expansive units with 3 bedrooms and 1 bathroom each, plus a basement unit offering 4 bedrooms and 2 bathrooms. In 2023, the building experienced a comprehensive interior renovation, which encompassed new finishes for unit interiors, enhancements to shared spaces, and the installation of new appliances, along with the replacement or repair of significant building systems. The latest appraisal values the property at $910,000, derived from an income approach based on $127,000 in annual gross rents and 32% operating expenses which leave a huge room for CASHFLOW Conveniently located near I-295 and South Capitol Street for easy commuting, the property is just minutes from the Congress Heights Metro Station (Green Line) and several bus lines.
Sold for $705,000
$705,000
413 Atlantic St SE, Washington, DC 20032
16beds
6baths
4,725sqft
Multi Family
Built in 1943
-- sqft lot
$-- Zestimate®
$149/sqft
$2,176 Estimated rent
Home value
Not available
Estimated sales range
Not available
$2,176/mo
Zestimate® history
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$3,362/mo
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Zillow last checked:
Listing updated:
Listed by:
Abel Gebremichael 202-601-0160,
Keller Williams Capital Properties
Bought with:
Buchi C. Offodile, 650507
Sold 100 Real Estate, Inc.
Source: Bright MLS,MLS#: DCDC2159260
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 16
- Bathrooms: 6
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 4,725
- Total interior livable area: 4,725 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 5,500 Square Feet
- Features: Unknown Soil Type
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 6166//0800
- Zoning: R-2
- Special conditions: Real Estate Owned
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Other
Condition
- New construction: No
- Year built: 1943
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Washington
Financial & listing details
- Price per square foot: $149/sqft
- Tax assessed value: $460,440
- Annual tax amount: $23,022
- Date on market: 9/20/2024
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 10/31/2024 | Sold | $705,000+206.5%$149/sqft |
Source:  Bright MLS #DCDC2159260 Report a problem | ||
| 9/26/2023 | Sold | $230,000-42.5%$49/sqft |
Source: Public Record Report a problem | ||
| 5/30/2019 | Sold | $400,000+471.4%$85/sqft |
Source: Public Record Report a problem | ||
| 12/31/1996 | Sold | $70,000$15/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $25,217 +0.2% | $504,330 +0.2% |
| 2024 | $25,157 +9.3% | $503,140 +9.3% |
| 2023 | $23,022 +497.5% | $460,440 +1.6% |
| 2022 | $3,853 +42.9% | $453,320 +42.9% |
| 2021 | $2,696 -82.3% | $317,190 +3.9% |
| 2020 | $15,267 | $305,330 |
| 2018 | $15,267 | $305,330 |
| 2017 | $15,267 +505.8% | $305,330 +3% |
| 2016 | $2,520 0% | $296,480 0% |
| 2015 | $2,520 -70.4% | $296,500 +1.9% |
| 2014 | $8,512 +250.6% | $291,000 +1.9% |
| 2013 | $2,428 -84.3% | $285,600 |
| 2012 | $15,494 +538.2% | $285,600 |
| 2011 | $2,428 -6.5% | $285,600 -6.5% |
| 2010 | $2,598 +10% | $305,600 +10% |
| 2009 | $2,360 +25.6% | $277,700 +30% |
| 2007 | $1,880 +25.6% | $213,610 +31.3% |
| 2006 | $1,497 +16.7% | $162,710 +21.8% |
| 2005 | $1,282 +65.9% | $133,580 +65.9% |
| 2004 | $773 +15% | $80,500 +15% |
| 2003 | $672 | $70,000 |
| 2002 | $672 -16.5% | $70,000 |
| 2001 | $805 | $70,000 |
Find assessor info on the county website
Neighborhood: Washington Highlands
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Nearby schools
GreatSchools rating
- 5/10Hendley Elementary SchoolGrades: PK-5Distance: 0.1 mi
- 4/10Hart Middle SchoolGrades: 6-8Distance: 0.5 mi
- 3/10Ballou High SchoolGrades: 9-12Distance: 0.5 mi
Schools provided by the listing agent
- District: District Of Columbia Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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- Washington, DC
- District of Columbia
- Washington
- 20032
- Washington Highlands
- 413 Atlantic St SE
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