$320,000
SOLD AUG 4, 2025

242 Oakwood St SE Washington, DC 20032

Congress Heights Neighborhood
-- Bed
-- Bath
2,484 Sq Ft
4,905 Sq Ft Lot

Recently Sold

$129 Per Sq Ft

29% Below List Price

122 Days on Market

About This Home

As of August 2025

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, there’s 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!

Last Agent to Sell the Property

Kendell Simpson

(202) 656-8271 kendellsimpsonrealtor@gmail.com Samson Properties License #SP40001351 Listed on: 11/11/2024

Samson Properties

Last Buyer's Agent

Stu Reynolds

(202) 487-6143 slr1117@aol.com Reynolds Real Estate Co. LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $3,578

Year Built

  • Built in 1943

Lot Details

  • 4,905 Sq Ft Lot

Parking

  • Parking Lot

Home Design

  • 2,484 Sq Ft Home
  • Quadruplex
  • Traditional Architecture
  • Brick Exterior Construction

Schools

  • King Elementary School
  • Hart Middle School
  • Ballou Senior High School

Utilities

  • Hot Water Heating System
  • Electric Water Heater
  • Private Sewer

Community Details

  • 4 Units
  • 2 Vacant Units

Listing and Financial Details

  • Tax Lot 3
  • Assessor Parcel Number 5999//0003

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$3,578

Year Built

Built in 1943

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Architectural Style: Traditional, Unit/Flat
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 12/5/2024 12:00:00 AM
  • Year Built: 1943
  • Automatically Close On Close Date: No
  • Remarks Public: 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, there’s 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!
  • Special Features: None

Interior Features

  • Fireplace: No
  • Total Sq Ft: 2484
  • Living Area Sq Ft: 2484
  • Price Per Sq Ft: 181.16
  • Above Grade Finished Sq Ft: 2484
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 242

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Private Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • Elementary School: KING
  • Middle School: HART
  • High School: BALLOU SENIOR
  • Elementary School Source: Listing Agent
  • High School Source: Listing Agent
  • Middle School Source: Listing Agent
  • School District Key: 121140357950
  • School District Source: Listing Agent
  • Elementary School: KING
  • High School: BALLOU SENIOR
  • Middle Or Junior School: HART

Lot Info

  • Lot Size Acres: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 4905.00
  • Soil Types: Chillum-Urban Land Complex
  • Year Assessed: 2024
  • Zoning: R-3
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 3578.00
  • Assessor Parcel Number: 5999//0003
  • Tax Lot: 3
  • Tax Total Finished Sq Ft: 2484
  • Tax Data Updated: No
  • Tax Year: 2024
  • Close Date: 08/04/2025

Multi Family

  • Number Of Units Vacant: 2

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Range of Values:

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Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area

Source: Public Records

Property History

Date Event Price Change Sq Ft Price
08/04/2025 08/04/25 Sold $320,000 -28.9% $129 / Sq Ft
11/14/2024 11/14/24 For Sale $450,000 0.0% $181 / Sq Ft
11/12/2024 11/12/24 Off Market $450,000 -- --
Source: Bright MLS

Tax History Compared to Growth

Source: Public Records

Agents Affiliated with this Home

  • Kendell Simpson

    Seller's Agent in 2025

    Kendell Simpson

    Samson Properties

    (202) 656-8271

    1 in this area

    12 Total Sales

    Kendell Simpson
    Section Image

  • S

    Buyer's Agent in 2025

    Stu Reynolds

    Reynolds Real Estate Co. LLC

    (202) 487-6143

    2 in this area

    20 Total Sales

    Stu Reynolds
    Section Image
See All Agents

Map

Source: Bright MLS

MLS Number: DCDC2165650

Bright MLS

APN: 5999 0003

District of Columbia District of Columbia County Washington 20032 Congress Heights

242 Oakwood St SE, Washington, DC

This home is located at 242 Oakwood St SE, Washington, DC 20032 and is currently priced at $320,000, approximately $128 per square foot. This property was built in 1943. 242 Oakwood St SE is a home located in District of Columbia with nearby schools including King Elementary School, Hart Middle School, and Ballou High School.

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