#DCDC2186248, Stuart L Reynolds, Listing Office: Reynolds Real Estate Co. LLC
331 Parkland Pl SE Washington, DC 20032
Property details
About 331 Parkland Pl SE
Incredible Investment Opportunity! Don’t miss this chance to own a fully occupied 4-unit multifamily property in Washington, DC! Each unit features 1 bedroom, 1 full bath, a cozy living/dining area, a galley-style kitchen with gas cooking, and is fully carpeted—perfect for comfortable city living. No need to worry about finding tenants—all four units are currently rented, offering immediate rental income. Located near the vibrant Congress Heights Arts and Culture Center, there's no shortage of local activities and entertainment. Commuters will love the convenience, with the Congress Heights Metro Station less than a mile away and easy access to I-295, Alabama Avenue SE, and Malcolm X Avenue SE. This is a fantastic opportunity for investors looking for a well-located, income-producing property in the heart of DC!
Highlights
(ACTIVE)
Summary
- Appliances: Refrigerator, Range Hood, Oven, Gas Range
- Basement: No
- Flooring Type: Carpet, Hardwood
- Parking: On Street
- Architectural Style: Traditional
- Heating: Hot Water
- Cooling: Window Unit(s), Wall Unit(s)
- List Price: $595,000
- Price/SqFt: $218
- Annual Tax Amount: $4,032
- Tax Year: 2023
- Directions: GPS
- Year Built: 1942
- Living Area: 2,720 SqFt
- Lot Size: 0.08 Acres
- MLS Number: DCDC2194172
- MLS Name: BRIGHT
- Office Name: RLAH @properties
- Office Phone: (202) 518-8781
- Listing Agent: Nicole Payton
- Agent Phone: (240) 354-7460
- Agent Email: nicolespayton@gmail.com
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Last updated on: 5/1/2025, 6:20:52 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$595,000
331 Parkland Pl SE
$7,066
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
Date | Event | Price |
---|---|---|
Jul 06, 2016 | Home Sold | $426,250 |
Sep 22, 2010 | Home Sold | $300,000 |
Mar 12, 2010 | Home Sold | $129,900 |
Dec 08, 2005 | Home Sold | $385,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $563,220 | $4,032 |
2022 | $509,960 | $3,543 |
2021 | $458,550 | $3,239 |
2020 | $422,820 | $2,950 |
2019 | $409,790 | $2,846 |
2018 | $383,290 | $2,634 |
2017 | $379,520 | $2,610 |
History based on county public records data.
Nearby schools
3
Martin Luther King Elementary School
Public District EE-5
0.2 mi
•3200 6th St SE
3
Simon Elementary School
Public District EE-5
0.6 mi
•401 Mississippi Ave SE
3
Malcolm X Elementary School
Public District EE-5
0.9 mi
•1500 Mississippi Ave SE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $29,098. The most common annual income of people living in Washington, DC is less than $<35k. Typical family type is single, no kids. The most common level of education of people living in this area is high school diploma.
Similar homes for sale
This home is located at 331 Parkland Pl SE in Washington, DC and zip code 20032 in the Congress Heights / Bellevue / Washington Highlands neighborhood. This 2,720 square foot home, which was built in 1942, sits on a 0.08 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 7, 2025 and is currently priced at $595,000.
Washington, DC housing market in March 2025 saw over 66 listings sold above listed price, more than 81 sold at listed price and over 170 sold below. In March 2025 in Washington, DC there were 40.4% more homes for sale than in February. While the average time on the market in March 2025 was 55 days, the median list price was $672,196.