Washington, DC 20032,331 PARKLAND PL SE
Washington, DC 20032,331 PARKLAND PL SE
Washington, DC 20032,331 PARKLAND PL SE
Washington, DC 20032,331 PARKLAND PL SE
Washington, DC 20032,331 PARKLAND PL SE
Washington, DC 20032,331 PARKLAND PL SE
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Listed by Cornelius R Henderson • RE/MAX Allegiance
$ 550,000
Est. payment | /mo

2,720 SqFt


Save
$ 550,000
Est. payment | /mo
Save

2,720 SqFt

Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,720 sqft

Price per Sqft $202

Subdivision Congress Heights

MLS Listing ID DCDC2230358

Style Other

Abv Grd Liv Area 2,720

Year Built 1942

Available Date 2025-11-07

Annual Tax Amount $4,354

Tax Year 2025

Lot Size 3360.000 Acres

Acres 3360.0

Property Sub-Type Detached

Source BRIGHT

Property Description

I am pleased to present a remarkable 4-unit building located at 331 Parkland Place SE. This is an ideal choice for an owner-occupant and savvy investors alike. With an asking price of $550,000, this property features four 1-bedroom units that have had recent improvements 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. Two of the units are currently vacant with a third unit expected to be vacant by 12/1/25. 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!

Location

State DC

County Washington

Zoning 023

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Window Unit(s)

Fireplace N

Heat Source Natural Gas

Exterior

Exterior Feature Patio(s)

Water Access N

Accessibility None

Porch Patio(s)

Garage N

Building

Foundation Slab

Above Ground Finished SqFt 2720

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

High Schools Anacostia

School District District Of Columbia Public Schools

Others

Tax ID 5988//0070

Ownership Fee Simple

SqFt Source 2720

Security Features Main Entrance Lock

Acceptable Financing Cash, Conventional, FHA, VA, Private, Other

Listing Terms Cash, Conventional, FHA, VA, Private, Other

Financing Cash,Conventional,FHA,VA,Private,Other

Special Listing Condition Standard

Bright MLS (BMLS)
Dave Sulvetta

"My job is to find and attract mastery-based agents to the office, protect the culture, and make sure everyone is happy! "

+1(856) 889-8163

[email protected]

900 Route 168 Bldg. H, Turnersville, NJ, 08012

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331 PARKLAND PL SE