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Listed by Kenn Blagburn • DC Real Property,LLC

$799,000

Est. payment - /mo

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5,854 SqFt

Price Dropped by $48K

356 RALEIGH ST SE Washington, DC 20032

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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

The owner is willing to provide some Seller financing for a well qualified Buyer.

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

NEARBY SCHOOL & BUSINESS

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356 RALEIGH ST SE Washington, DC 20032

DC Homes Guide

Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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356 RALEIGH ST SE