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$499,900

  • For Sale
  • Active
  • Single Family
  • 2,720 Sq. Ft.
  • Updated 1 day ago
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I am pleased to present a remarkable 4-unit building located at 331 Parkland Place SE. This is an ideal choice for an owner-occupant and savvy investors alike. With an asking price of $499,900, this property features four 1-bedroom units that have had recent improvements in the last 5 years making this a turn-key opportunity. Each unit offers a comfortable living/dining area, a galley kitchen with gas cooking, and one full bath. Three of the units are currently vacant . Zoned RA-1, this property presents low- to moderate-density apartment development potential, allowing for expansion of the existing structure, subject to DC zoning approvals. Ideally situated near the Congress Heights Metro Station, the Congress Heights Arts & Culture Center, and the St. Elizabeths redevelopment, residents will enjoy convenient access to dining, entertainment, and major commuter routes, including I-295, Alabama Avenue SE, Malcolm X Avenue SE and MLK Jr. Avenue SE. With strong rental demand and ongoing neighborhood growth, this multifamily opportunity offers both immediate cash flow and long-term investment potential. Perfect for buy-and-hold investors, 1031 exchange buyers, or developers seeking future upside in a well-positioned Southeast DC location. Don't miss out on this exceptional opportunity!

Full Property Details for 331 Parkland Pl SE

General

  • Price: $499,900
  • Taxes: $4,354 (2025)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSMidAtlantic
  • MLS ID: DCDC2230358
  • Updated: 1/15/2026
  • Added to Site: 73 day(s) ago

Rental Information

  • Lease Info: Month to Month

Interior

  • Number of Rooms: 12

Additional Information

  • Security/Safety: Main Entrance Lock

Exterior

  • Porch/Patio/Deck: Patio(s)

Parking

  • Parking Type: On Street

Location

  • County: WASHINGTON
  • Subdivision: CONGRESS HEIGHTS
  • Cross Streets: MLK Ave
  • Driving Directions: Use Waze or Google Maps
  • City Limits: Yes

School Information

  • School District: District Of Columbia Public Schools
  • High School: Anacostia

Heating & Cooling

  • Cooling Type: Window Unit(s)
  • Cooling Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Public Sewer
  • Water: Public

Structural Information

  • Architectural Style: Other
  • Structure Type: Detached
  • Construction: Brick
  • Foundation: Slab
  • Stories/Levels: 2
  • Square Feet: 2,720
  • Sq. Ft. Source: Estimated
  • Living Area: 2,720 Sq. Ft.
  • Finished Above Grnd: 2,720 Sq. Ft.
  • Year Built: 1942
  • Year Built Source: Estimated

Unit Information

  • Other Units: Unit 1, Unit 2, Unit 4, Unit 3

Lot Features

  • Lot Size (Acres): 3,360
  • Lot Size (Sq. Ft.): 146,361,600
  • Lot Size Source: Estimated
  • Zoning: 23

Financial Considerations

  • Price Per Sq. Ft.: $183.79
  • City/TownTax Freq: Annually
  • Tax w/Assessment: $594,780
  • Tax Amount: $4,354
  • Tax Year: 2025

Disclosures and Reports

  • Ownership: Fee Simple

Listed by RE/MAX Allegiance, Cornelius R Henderson

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Listing agent

— 331 Parkland Pl SE —

  • Cornelius R Henderson

    RE/MAX Allegiance

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 331 Parkland Pl SE

School District:District of Columbia Public Schools
NameGradesDistance
King Elementary School
3200 6th Street Southeast, Washington, DC 20032
K-50.2 mi
Hart Middle School
601 Mississippi Avenue Southeast, Washington, DC 20032
6-80.5 mi
Ballou High School
3401 4th Street Southeast, Washington, DC 20032
9-120.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 331 Parkland Pl SE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
11/26/2025
Price Reduced
$499,900
-9.11%
MLS
11/04/2025
Listed
$550,000
29.03%
MLS
6/22/2016
Sold
$426,250
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 331 Parkland Pl SE

Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,354
3%
$602,130
3%
2024
$4,212
4%
$586,350
4%
2023
$4,032
14%
$563,220
10%
2022
$3,543
9%
$509,960
11%
2021
$3,240
10%
$458,550
8%
2020
$2,951
4%
$422,820
3%
2019
$2,847
8%
$409,790
7%
2018
$2,634
1%
$383,290
1%
2017
$2,610
1%
$379,520
24%
2016
$2,591
10%
$304,850
10%
2015
$2,352
12%
$276,730
12%
2014
$2,105
—
$247,590
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 331 Parkland Pl SE

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by RE/MAX Allegiance, Cornelius R Henderson

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331 Parkland Place SE, Washington, DC 20032 (MLS# DCDC2230358) is a Single Family property with 0 bedrooms and 0 full bathrooms. 331 Parkland Place SE is currently listed for $499,900 and was received on November 04, 2025. Want to learn more about 331 Parkland Place SE? Do you have questions about finding other Single Family real estate for sale in Washington? You can browse all Washington real estate or contact a Coldwell Banker agent to request more information.

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