Nearly Vacant Six-Unit Multifamily
For Sale
$799,000
356 Raleigh St SE, Washington, DC 20032
Six-unit multifamily property with three 1-bedroom and three 2-bedroom units, zoned RA-1.
Property Size5,847 SF
Lot Size0.11 Acres
Price / SF$136.65
Days on Market49
Property Features for 356 Raleigh St SE
General Information
Standard status
Active
Size
5,847 SF
Lot size
0.11 Acres
Zoning
RA-1
Occupancy
17%
Additional Details
Multifamily Units
6
Building Details
Year Built
1942
Tenancy
Multi
Listing Agency:
DC Real Property,LLC
Listed By:
Kenn B Blagburn · License #PB98373602
(202) 468-5917
Source:
Kandorre
Added: Jul 20
Changed: Sep 2
Last Checked: Sep 5 at 10:09AM
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 DC Real Property,LLC
Investment Insights
Based on property information with market context.
This nearly vacant six-unit multifamily building totals approximately 5,854 square feet and features a unit mix of three 1-bedroom units and three 2-bedroom units. Hardwood flooring is present throughout much of the building, and the current occupancy level is limited to one unit, creating immediate operational flexibility for a new owner.
The property is zoned RA-1 and sits adjacent to the Hillcrest Children and Family Center, near established community institutions in Southeast Washington, DC. A separate approximately 4,600-square-foot lot is included, offering potential for future off-street parking improvements, subject to approvals.
The RA-1 zoning and current configuration may allow for repositioning opportunities, including potential reconfiguration of existing unit layouts, subject to buyer verification and required approvals.
The property is zoned RA-1 and sits adjacent to the Hillcrest Children and Family Center, near established community institutions in Southeast Washington, DC. A separate approximately 4,600-square-foot lot is included, offering potential for future off-street parking improvements, subject to approvals.
The RA-1 zoning and current configuration may allow for repositioning opportunities, including potential reconfiguration of existing unit layouts, subject to buyer verification and required approvals.
Key Highlights
- 6‑unit multifamily building totaling approximately 5,854 SF in Southeast Washington, DC (built in 1942).
- Unit mix includes three 1‑bedroom units and three 2‑bedroom units, with hardwood flooring throughout much of the building.
- Near‑vacant at delivery with only one occupied unit—offering immediate operational flexibility for a value‑add repositioning.
Property Analytics
Property Profile
Current Use
Lease Details
6
Residential units
16.7%
Occupancy
Multi-tenant
Tenancy
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit multifamily property with three 1-bedroom and three 2-bedroom units, zoned RA-1.
Where is this apartment building located?
The property is located at 356 Raleigh St SE Washington, DC.
What is the asking price?
The asking price for this property is $799,000.
What are key features of this property?
This property features: 6‑unit multifamily building totaling approximately 5,854 SF in Southeast Washington, DC (built in 1942).; Unit mix includes three 1‑bedroom units and three 2‑bedroom units, with hardwood flooring throughout much of the building.; Near‑vacant at delivery with only one occupied unit—offering immediate operational flexibility for a value‑add repositioning.
