Own a home nearby?
List for 1.5% & keep more of your equity — serving VA, DC, MD & WV. Free analysis, zero obligation.
UPDATED:
Key Details
Property Type Multi-Family
Sub Type Other
Listing Status Active
Purchase Type For Sale
Square Footage 5,854 sqft
Price per Sqft $136
Subdivision Congress Heights
MLS Listing ID DCDC2265416
Style Other
Abv Grd Liv Area 5,854
Year Built 1942
Available Date 2026-06-02
Annual Tax Amount $1,169
Tax Year 2006
Lot Size 4,602 Sqft
Acres 0.11
Property Sub-Type Other
Source BRIGHT
Property Description
Rare opportunity to acquire a nearly vacant 6-unit multifamily building totaling approximately 5,854 square feet in Southeast Washington, DC. The existing unit mix consists of three 1-bedroom units and three 2-bedroom units with hardwood flooring throughout much of the building. With only one occupied unit, the property offers investors exceptional operational flexibility and immediate value-add potential.
Zoned RA-1, the property presents multiple repositioning opportunities, including potential reconfiguration of existing unit layouts, subject to buyer verification and required approvals. At nearly 5,854 square feet, the building offers substantially more scale than many multifamily assets currently available in Southeast Washington.
Located adjacent to the Hillcrest Children and Family Center and near established community institutions, the property benefits from strong workforce housing demand and long-term residential stability. The approximately 4,600-square-foot lot also offers potential for future off-street parking improvements.
Recent multifamily transactions in the surrounding area demonstrate continued investor demand for value-add opportunities. As a point of reference, a smaller four-unit multifamily property located at 815 Malcolm X Avenue SE containing approximately 3,024 square feet recently sold for $720,000. With six units, approximately 5,854 square feet, RA-1 zoning, and near-vacant delivery, 356 Raleigh Street SE offers significantly greater scale and multiple pathways for future value creation.
Ideal for investors, developers, workforce housing operators, and long-term multifamily owners seeking a repositioning opportunity within Washington, DC.
Location
State DC
County Washington
Zoning R5A
Rooms
Basement Connecting Stairway, Side Entrance, Outside Entrance
Interior
Interior Features Window Treatments, Wood Floors
Hot Water Natural Gas
Heating Hot Water
Cooling None
Fireplace N
Window Features Wood Frame
Heat Source Natural Gas
Exterior
Water Access N
View Street
Roof Type Unknown
Accessibility None
Road Frontage City/County
Garage N
Private Pool No
Building
Above Ground Finished SqFt 5854
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade
Structure Type Dry Wall
New Construction N
Schools
School District District Of Columbia Public Schools
Others
Tax ID 5988//0805
Ownership Fee Simple
SqFt Source 5854
Special Listing Condition Standard
For homeowners browsing listings
Selling to Buy?
We'll Save You Thousands.
Our 1.5% listing fee means you keep more equity to put toward your next home. We coordinate buy-and-sell transactions seamlessly — one team, zero stress, no double moves.
You keep in your pocket
$11,250
avg. savings with our 1.5% fee
Estimate Your Payment
Mortgage Calculator
Enter your details below. Adjusts instantly as you type.
$0
Tax / mo
$0
Insurance / mo
$0
Down Payment
Estimate only — actual costs may vary. Get a personalized pre-approval →
For Homeowners in This Area
Homes in This Neighborhood
Are Selling Fast.
What's Yours Worth?
Buyers browsing this listing are also competing for homes just like yours. Find out your home's current market value — free, instant, no obligation.
1.5%
Our listing fee
$11,250
Avg. seller savings
500+
Five-star reviews
Free Home Valuation
Get Your Instant
Home Value Estimate
No spam. No obligation. Results in 60 seconds.
Nearby Locations
Questions About This Property?
Saad Jamil
(703) 782-4830Arslan Jamil
(571) 621-5413GET MORE INFORMATION
