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!
Listed by Cornelius R Henderson
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License #SP98368585
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RE/MAX Allegiance
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2029640532
Last updated January 28, 2026
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Source: BrightMLS #DCDC2242738
Listing Facts
TypeMulti-family
NeighborhoodCongress Heights
Days on Prevu8
Taxes$4,354/year
Size2,720 sqft
Price per sqft$171
Location
Mortgage Calculator
Listing History
01/22/2026
Listed by RE/MAX Allegiance
$465,000
Property Details for 331 Parkland Place SE
Exterior
Construction
New Construction: No
Number Of Units Total: 4
Year Built: 1942
Architectural Style: Traditional
Construction Materials: Brick
Features
Other Structures: Above Grade
Waterfront: No
Measurements
Lot Size Acres: 0.08
Lot Size Source: Estimated
Lot Size Square Feet: 3,360
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $4,354.00
Tax Year: 2025
Interior
Measurements
Living Area: 2,720
Living Area Source: Estimated
Parking
Parking
Garage: No
Schools
Elementary School
Elementary School: KING
High School
High School: BALLOU SENIOR
Middle or Junior School
Middle Or Junior School: HART
Utilities
Equipment
Cooling: Ductless/Mini-Split, Central A/C
Heating: Forced Air, Radiator
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms does this multi-family home have?
There is bedrooms in this multi-family home at 331 Parkland Place SE.
What schools are nearby to 331 Parkland Place SE?
Nearby schools include the KING Elementary School, HART Middle School, and BALLOU SENIOR High School.
What are the annual taxes for 331 Parkland Place SE?
Annual taxes for this multi-family home are estimated at $4,354.
How does 331 Parkland Place SE compare to other multi-family homes in Congress Heights?
This multi-family home is listed 28% below the average price for multi-family homes in Congress Heights and has been on the market for 62 less days than the typical home in this area.
What is the square footage on this multi-family home?
According to the MLS, this listing is 2,720 sqft.
331 Parkland Place SE is a -bedroom multi-family home for sale in WASHINGTON DC 20032. Available on Prevu for 8 days at $465,000. This home features 2,720 square feet of living space, located in Congress Heights. The median listing price for multi-family homes in this area is $499,000. Nearby schools include KING Elementary School, HART Middle School, and BALLOU SENIOR High School. Explore more multi-family home listings in Washington.
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