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MLS: #DCDC2265416, Listed By: Kenn Blagburn, DC Real Property,LLC, Source:Bright MLS

356 Raleigh Street

WASHINGTON, DC 20032
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Bed 9

Bed

Bath 0

Bath

SqFt5,854

Sqft

Acres0.11

Acre(Lot)

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 avail able 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.

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Detail Ic Property Details

Property Type : Residential Income

Price : $799,000

AD Id : 79776159

MLS Id : DCDC2265416

Beds : 9

Lot Size : 0.11 Acre

Living Area Size : 5,854 Sq. Ft

Tax Amount : $1,169.78

Year Built : 1942

County : WASHINGTON

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Feature Features

  • Bedroom Information

    Total beds: 9

    Room Information

    Has Basement: Yes Basement: Exterior Entry
  • Flooring Information

    Wood
  • Interior Features

    Appliances: Gas Water Heater Window Features: Window Coverings, Window Treatments, Wood Frames
  • Heating & Cooling

    Has Heating: Yes Heating: Natural Gas, Hot Water Cooling: None

  • Building Information

    Year Built: 1942 Building Area Total: 5854 Construction Materials: Brick Pool Features: None Private Pool: No View: Street

  • Lot Information

    Lot Size Acres: 0.11 Lot Size Source: Estimated Lot Size Square Feet: 4602

    Property Information

    Subdivision: CONGRESS HEIGHTS Source Property Type: Residential Income Property SubType: Multi Family Property Age: 84

  • Listing Price Information

    Listing Price: $799000

  • Tax Information

    Parcel Number: 5988//0805 Tax Lot: 805 Tax Year: 2006 Annual Tax: $1169.78

  • Parking Information

    On Street

  • Location Information

    Direction: Raleigh WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
325 Parkland Place, Washington, DC, 20032 $399,000 10 -- 2,720 0.08 Acre
463 Orange Street, Washington, , 20032 $559,000 4 -- 2,574 0.12 Acre
59 Galveston Place, Washington, DC, 20032 $600,000 5 -- 2,652 0.10 Acre
63 Galveston Place, Washington, DC, 20032 $600,000 8 -- 3,400 0.10 Acre
145 Galveston Place, Washington, DC, 20032 $475,000 4 -- 2,720 0.10 Acre

The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.

ByOwner last updated this listing 10/08/2026 @ 02:54

MLS: DCDC2265416 LISTED BY: Kenn Blagburn, DC Real Property,LLC 202-800-8389 SOURCE: Bright MLS

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