Bought with Faith Mading • KW Metro Center
$465,000
$465,000
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331 PARKLAND PL SE Washington, DC 20032
2,720 SqFt
Key Details
Sold Price $465,000
Property Type Multi-Family
Sub Type Twin/Semi-Detached
Listing Status Sold
Purchase Type For Sale
Square Footage 2,720 sqft
Price per Sqft $170
MLS Listing ID DCDC2242738
Sold Date 04/15/26
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 5988//0070
Ownership Fee Simple
SqFt Source 2720
Special Listing Condition Standard
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