Washington, DC 20032 242 Oakwood Street SE
$450,000
Presented By: Samson Properties
Beds • 4
Beds • 4Home Details
Investment Opportunity in Congress Heights! This 4-unit multifamily property offers excellent potential for the savvy investor. Each of the four units features 1 bedroom and 1 bathroom, providing stable rental income with room for growth. With ample space at the rear of the property, theres an exciting opportunity to expand the building footprint, improve the existing parking lot, or explore conversion options. The building requires a general overhaul and is priced accordingly, allowing the next owner to add modern updates and possibly reconfigure into two larger units for a more tailored rental portfolio. Located in the heart of Congress Heights, close to transit, shopping, and city amenities. Don't miss this value-add investment with endless possibilities!
Presented By: Samson Properties
Interior Features for 242 Oakwood Street SE
Bedrooms
Three Bedroom Units Count
Other Interior Features
LivingAreaSourceAssessor
Central Air Y/NNo
Fireplace Y/NNo
Heating FuelElectric
Heating Y/NYes
Hot WaterElectric
General for 242 Oakwood Street SE
Acceptable FinancingCash, Conventional
AccessibilityNone
Architectural StyleTraditional, Unit/Flat
Association Recreation FeeN
CityWASHINGTON
Construction MaterialsBrick
Cool FuelNone
CoolingNone
CountyWASHINGTON
DirectionsPlease use GPS
DisclosuresNone
Garage Y/NNo
HeatingHot Water
Home Warranty Y/NNo
Legal SubdivisionCongress Heights
Lot Size Square Feet4905.00
Lot Size UnitsSquare Feet
ModificationTimestamp2025-04-15T13:35:11
New ConstructionNo
Number Of Units Total4
NumberOfUnitsVacant2
One Bedroom Units Count4
Other StructuresAbove Grade, Below Grade
OwnershipFee Simple
Possession0-30 Days CD, 120-180 Days
Price Per Sq Ft Total AG181.16
Property SubtypeQuadruplex
Property TypeMulti-Family
School DistrictDISTRICT OF COLUMBIA PUBLIC SCHOOLS
SewerPrivate Sewer
Single Room Units Count0
Standard StatusActive Under Contract
StatusACTIVE UNDER CONTRACT
Structure TypeOther
Tax Annual Amount3578.0
Tax Assessed Value435500.0
Tax Lot3
Tax Year2024
Total SQFT2484
TransportationBus Stop less than 1 mile
Two Bedroom0
Vacation Rental Y/NNo
Water Access Y/NNo
Waterfront Y/NNo
Year Built1943
Year Built SourceAssessor
ZoningR-3
Exterior for 242 Oakwood Street SE
Land Assessed Value163780.00
Land Use Code
Lot Size Acres0.11
Lot Size SourceAssessor
Navigable Water Y/NNo
PoolNo Pool
Soil TypesChillum-Urban Land Complex
Type of ParkingParking Lot
Water Oriented Y/NNo
Water SourcePublic
Water View Y/NNo
Additional Details
Price History
Schools
High School
Ballou Senior High School
Middle School
Hart Middle School
Elementary School
King Elementary School
