4,094 Sqft Lot
4,094 Sqft Lot
Key Details
Property Type Commercial
Sub Type Five Or More Units
Listing Status Active
Purchase Type For Sale
Subdivision Congress Heights
MLS Listing ID DCDC2240274
Year Built 1953
Annual Tax Amount $3,814
Tax Year 2025
Lot Size 4,094 Sqft
Acres 0.09
Property Sub-Type Five Or More Units
Source BRIGHT
Property Description
104 Atlantic Street SE presents a compelling opportunity to acquire a six-unit multifamily asset in the growing Congress Heights submarket of Southeast Washington, DC. The property consists of six 1BR/1BA units, with 50% current occupancy and an average in-place rent of $1,369. With strategic lease-up and light renovation, investors can unlock immediate value and long-term rent growth in a supply-constrained, workforce housing corridor.
UPSIDE THROUGH LEASE-UP AND LIGHT VALUE-ADD
With three units currently vacant, the property offers clear upside through unit turnarounds and operational stabilization. The existing rents are below market for the area, creating an opportunity to capture rental premiums through basic improvements and market-rate leasing.
EFFICIENT, RENTABLE FLOORPLANS
Each of the six units features a 1BR/1BA layout, ideal for young professionals, seniors, or singles seeking affordability within city limits. Smaller units keep turnover and maintenance costs lower, while offering solid cash flow potential in a high-demand rental bracket.
CONNECTED CONGRESS HEIGHTS LOCATION
Located near South Capitol Street and the Suitland Parkway, the property offers strong commuter connectivity via public transit. It sits directly adjacent to the C17 Metrobus line, which provides direct service to Downtown Anacostia and the Anacostia Metro Station. It is also walkable to the C11 line, offering service through Congress Heights, Navy Yard, and Downtown DC, with a final stop at L'Enfant Plaza, and southbound access extending to National Harbor. This level of transit access enhances the property's appeal to renters seeking affordable housing with convenient connections to major employment and entertainment centers across the District and Prince George's County.
Location
State DC
County Washington
Zoning RA-1
Interior
Hot Water Natural Gas
Heating Forced Air
Cooling None
Heat Source Natural Gas
Exterior
Water Access N
Accessibility None
Garage N
Building
Sewer Public Sewer
Water Public
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 6152//0812
Ownership Fee Simple
Special Listing Condition Standard
Schools and Properties Nearby
- 7
Lyles-Crouch Elementary School
Public | KG - 5
- 7
Kipp Dc Aim Public Charter School Academy Public Charter School
Public | 5 - 8
- 6
Center City Congress Heights Campus Public Charter School
Public | PK - 8
- 6
John Hanson Montessori
Public | PK - 8
- 6
Valley View Elementary School
Public | PK - 6
- 6
Randle Highlands Elementary School
Public | EE - 5
- 5
Eagle Academy Public Charter School Eagle Center at Mcgogney
Public | PK - 3
- 5
Excel Academy Public Charter School
Public | PK - 5
- 5
Achievement Preparatory Academy Public Charter School
Public | 4 - 8
- 5
Ketcham Elementary School
Public | EE - 5
- 5
Garfield Elementary School
Public | EE - 5
- 5
John Hanson French Immersion
Public | KG - 8
- 5
Apple Grove Elementary School
Public | PK - 6
- 4
Leckie Elementary School
Public | EE - 5
- 4
Patterson Elementary School
Public | EE - 5
- 4
Savoy Elementary School
Public | EE - 5
- 4
Malcolm X Elementary School
Public | EE - 5
- 4
Orr Elementary School
Public | EE - 5
- 4
Panorama Elementary School
Public | PK - 5
- 3
Martin Luther King Elementary School
Public | EE - 5
- 5
Friendship Public Charter School Tech Preparatory
Public | 6 - 11
- 2
Hart Middle School
Public | 6 - 8
- 1
Johnson Middle School
Public | 6 - 8
- 1
Kramer Middle School
Public | 6 - 8
- 0
Somerset Preparatory Academy Public Charter School
Public | 6 - 8
- 8
Thurgood Marshall Academy Public Charter School
Public | 9 - 12
- 8
Kipp Dc College Preparatory Public Charter School
Public | 9 - 12
- 4
Oxon Hill High School
Public | 9 - 12
- 3
National Collegiate Preparatory Public Charter School
Public | 9 - 12
- 1
Ballou High School
Public | 9 - 12
- 1
Anacostia High School
Public | 9 - 12
- 1
Potomac High School
Public | 9 - 12
- 0
Ballou Stay
Public | 9 - 11
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