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Listed price in listed location currency (USD).
$847,900

000

MLS® DCDC2265416

  • Key Facts
  • Description
  • Map

Key Facts

Type 
Levels Residential Income
Size 5854 sqft
Garage 
Taxes $1,170
Days Active 16
Lot Size 0.11 Acres
Approx. Age 1942
Avg. Price Per Sqft $144
MLS® Number DCDC2265416

Property Address: 356 Raleigh St Se, WASHINGTON, DC, 20032-1687

Average square foot calculated using Size range provided by listing agent.

Description

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 available 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.
MLS® NumberDCDC2265416
Laundry Level
Central VacNo
FireplaceNo
Acreage
Exterior
Garage
Approx. Age1942
BasementConnecting Stairway, Side Entrance, Outside Entrance
DrivewayOn Street
Garage Spaces
HeatHot Water, Natural Gas
A/CNone

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

May 31, 2026List Date
$847,900List Price
  • Commute

Commute

Starting Address
Destination Address
356 Raleigh St Se, Washington, DC

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