Congress Heights Multifamily Investment
For Sale
$399,000
325 Parkland Place SE, Washington, DC 20032
Value-add four-unit building in Congress Heights, offered vacant.
Property Size3,400 SF
Price / SF$146.69
Days on Market248
Property Features for 325 Parkland Place SE
General Information
Standard status
Active
Size
3,400 SF
Property subtype
Multi-Family
Zoning
RA-1
Taxes and HOA fees
Annual Taxes
$4,462
Amenities
Natural Gas
Yes
No
Assessor
2
No Pool
Public
0.08
On Street
Brick/Mortar
154320.00
Building Details
Building Size
3,400 SF
Year Built
1942
Listing Agency:
Realty ONE Group Focus
(856) 222-0077
Listed By:
Amanda Strain
(610) 679-0127
Source:
Thetristaterealestategroup
Added: Jan 9
Changed: Sep 13
Last Checked: Sep 14 at 5:51AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Realty ONE Group Focus
Investment Insights
Based on property information with market context.
This is an investor special, a value-add opportunity in Congress Heights. A large end-unit four-unit multifamily building is offered fully vacant and sold As-Is. The property will require repairs to bring it to market-ready condition, making it ideal for investors or owner-operators. It is zoned RA-1 with strong rental demand and continued neighborhood growth supporting immediate improvements and long-term investment potential. The transit score is 75, indicating excellent transit. The bike score is 31, indicating it is somewhat bikeable. The walk score is 30, indicating it is car-dependent. Buyers are advised to verify zoning, use, and development potential.
Key Highlights
- Excellent Transit Score (75): Enjoy easy access to public transportation.
- Vacant 4‑Unit Multifamily Building: Immediate income potential after renovation and tenant placement.
- RA‑1 Zoning: Allows for residential uses, potential for further development (buyer to verify).
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
682
Businesses Nearby
Explore this area
Business Placement
Demographics for 20032, DC
38,904
Population
19,708
Households
2
Avg Household Size
33
Median Age
23%
College-Educated
88%
High-School Grad
5.2 sq mi
ZIP Area
7,482
Density / Sq Mi
$48,146
Median Household Income
$44,487
Median Earnings
$1,285
Median Rent
$391,400
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Value-add four-unit building in Congress Heights, offered vacant.
Where is this quadplex located?
The property is located at 325 Parkland Place SE Washington, DC.
What is the asking price?
The asking price for this property is $399,000.
What are key features of this property?
This property features: Excellent Transit Score (75): Enjoy easy access to public transportation.; Vacant 4‑Unit Multifamily Building: Immediate income potential after renovation and tenant placement.; RA‑1 Zoning: Allows for residential uses, potential for further development (buyer to verify).
