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 Market101
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%
Site & Location
Neighborhood
Southeast
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: Oct 25
Last Checked: Oct 7 at 5:08PM
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
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Investment Insights
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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
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Lease Details
6
Residential units
16.7%
Occupancy
Multi-tenant
Tenancy
Location Intelligence
Trade Area within ½ mile
682
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
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.
