356 Raleigh St Se, Washington, DC 20032
Local realty services provided by:Better Homes and Gardens Real Estate Cassidon Realty
356 Raleigh St Se,Washington, DC 20032
$799,000
- 9 Beds
- - Baths
- 5,854 sq. ft.
- Multi-family
- Active
Listed by: kenn b blagburn
Office: dc real property,llc
MLS#:DCDC2265416
Source:BRIGHTMLS
Price summary
- Price:$799,000
- Price per sq. ft.:$136.49
About this home
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....
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Home facts
- Year built:1942
- Listing ID #:DCDC2265416
- Added:53 day(s) ago
- Updated:July 23, 2026 at 07:31 PM
Rooms and interior
- Bedrooms:9
- Basement:Yes
- Basement Description:Connecting Stairway, Outside Entrance, Side Entrance
- Living area:5,854 sq. ft.
Heating and cooling
- Heating:Hot Water, Natural Gas
Structure and exterior
- Year built:1942
- Building area:5,854 sq. ft.
- Lot area:0.11 Acres
- Construction Materials:Brick
- Exterior Features:Sidewalks
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$799,000
- Price per sq. ft.:$136.49
- Tax amount:$1,169 (2006)
Features and amenities
- Amenities:Window Treatments
Parking
- Parking description:On Street
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