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331 Parkland Place SEWashington, DC 20032

For Sale

$465,000

Smart Buyer Rebate $1,625

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

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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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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.