331 Parkland Se Place SE, Washington, DC 20032
- $465,000
- 2,720
- SqFt
- Sold Price
- $465,000
- List Price
- $465,000
- Closing Date
- Apr 15, 2026
- Days on Market
- 56
- Status
- CLOSED
- MLS#
- DCDC2242738
- Living Area
- 2,720
- Lot Size (Acres)
- 0.08
- Style
- Traditional
- Year Built
- 1942
- County
- Washington DC
- School District
- District Of Columbia Public Schools
Property Description
This is an exciting opportunity for each an owner-occupant and a savvy investor. This property features four 1-bedroom units that have had recent improvements to several of the units in the last 5 years making this a turn-key opportunity. Each unit offers a comfortable living/dining area, a galley kitchen with gas cooking, and one full bath. Three of the units are currently vacant. Zoned RA-1, this property presents low- to moderate-density apartment development potential, allowing for expansion of the existing structure, subject to DC zoning approvals. Ideally situated near the Congress Heights Metro Station, the Congress Heights Arts & Culture Center, and the St. Elizabeths redevelopment, residents will enjoy convenient access to dining, entertainment, and major commuter routes, including I-295, Alabama Avenue SE, Malcolm X Avenue SE and MLK Jr. Avenue SE. With strong rental demand and ongoing neighborhood growth, this multifamily opportunity offers both immediate cash flow and long-term investment potential. Perfect for buy-and-hold investors, 1031 exchange buyers, or developers seeking future upside in a well-positioned Southeast DC location. Don’t miss out on this exceptional opportunity!
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Additional Information
- Taxes
- $4354
- School District
- District Of Columbia Public Schools
- Elementary School
- King
- Middle School
- Hart
- High School
- Ballou Senior
- Heating
- Forced Air, Radiator
- Heating Fuel
- Electric, Natural Gas
- Cooling
- Ductless/Mini-Split, Central A/C
- Water
- Public
- Sewer
- Public Sewer