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Kara Shaffer

[email protected] +1(443) 926-3287

Listed by Cornelius R Henderson • RE/MAX Allegiance

$ 465,000

Est. payment -/mo

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331 PARKLAND PL SE Washington, DC 20032

2,720 SqFt

UPDATED:

Key Details

Property Type Multi-Family

Sub Type Twin/Semi-Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,720 sqft

Price per Sqft $170

MLS Listing ID DCDC2242738

Style Traditional

Abv Grd Liv Area 2,720

Year Built 1942

Annual Tax Amount $4,354

Tax Year 2025

Lot Size 3,360 Sqft

Acres 0.08

Property Sub-Type Twin/Semi-Detached

Source BRIGHT

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!

Location

State DC

County Washington

Zoning RA-1

Interior

Hot Water Natural Gas

Heating Forced Air, Radiator

Cooling Ductless/Mini-Split, Central A/C

Heat Source Electric, Natural Gas

Exterior

Water Access N

Accessibility None

Garage N

Building

Foundation Slab

Above Ground Finished SqFt 2720

Sewer Public Sewer

Water Public

Architectural Style Traditional

Additional Building Above Grade

New Construction N

Schools

Elementary Schools King

Middle Schools Hart

High Schools Ballou Senior

School District District Of Columbia Public Schools

Others

Tax ID NO TAX RECORD

Ownership Fee Simple

SqFt Source 2720

Special Listing Condition Standard

Kara Shaffer

Advisor | License ID: 633377

+1(443) 926-3287

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