Sold248d on market
242 Oakwood St SE
Washington, DC, 20032 • Congress Heights • District of Columbia
$320,000
$129/sqft
4Beds
2,484Sqft
0.11 acLot
1943Built
Property DNA
Traditional Style
Built 1943 · 83 years of history
Special Features
Above Grade · Below Grade
Market activity
Demand and pricing signals for this listing
8 views
People checking out this listing
248 days on market
Established listing
$129/sqft
Price per square foot
About this home
Multi Family · Built 1943
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!
Estimated monthly payment
Based on current rates
$2,087/month
Principal & Interest$1,660
Property Tax$320
Insurance$107
Down payment20% ($64,000)
3%50%
Est. 6.75% rate · 30yr fixed · $256,000 loan
Full calculator →At a glance
Key facts and listing details
TypeQuadruplex
Year Built1943
HeatingHot Water, Electric
CoolingNone
ParkingParking Lot
Property
Home typeMulti Family
Sub-typeQuadruplex
StyleTraditional
Year built1943
Systems
HeatingHot Water, Electric
CoolingNone
ConstructionBrick
Water / SewerPublic / Private Sewer
Parking & Outdoor
ParkingParking Lot
Lot4,905 sqft
Location & Tax
NeighborhoodCongress Heights
ZoningR-3
Annual tax$3,578
Parcel59990003
Features & details
9 categories of property features
Interior Features
Appliances
Electric Water Heater
Heating
Hot Water
Electric
Cooling
None
Accessibility
None
Exterior Features
Parking
Parking Lot
Construction
Brick
Lot Features
Chillum-Urban Land Complex
Pool Features
None
Other Structures
Above Grade
Below Grade
Room details
1 room detailed
Basement
0
Listing insights
Market data and value estimates
StatusSold
Days on market248
Est. rent$3,172/mo
Tax rate0.65%
Price/sqft$129
On marketNov 11, 2024
PostedNov 11, 2024
Last sold$320,000
MLS updatedAug 4, 2025
Tour days6
Views8
How are the schools in Washington?
3 schools rated nearby
Location
Washington, DC, 20032
Price history
3 events
DateEventPrice$/sqftSource
Aug 4, 2025Sold$320,000$129Bright MLS
Mar 18, 2025Contingent$450,000$181Bright MLS
Nov 14, 2024Listed For Sale$450,000$181Bright MLS
Sold$320,000
Aug 4, 2025•$129/sqft•Bright MLS
Contingent$450,000
Mar 18, 2025•$181/sqft•Bright MLS
Listed For Sale$450,000
Nov 14, 2024•$181/sqft•Bright MLS
Tax history
23 years of records
YearTax paidAssessed value
Apr 10, 2025$3,702$435,500
Apr 10, 2024$3,578$420,990
Apr 10, 2023$3,437$404,350
Apr 10, 2022$3,069$361,040
Apr 10, 2021$2,784$327,580
Apr 10, 2020$2,584$303,950
Apr 10, 2018$2,301$270,760
Apr 10, 2017$2,248$264,510
Apr 10, 2016$1,880$221,150
Apr 10, 2015$1,692$199,090
Apr 10, 2014$1,560$183,560
Apr 10, 2013$1,582$186,130
Apr 10, 2012$1,677$197,280
Apr 10, 2011$1,677$197,280
Apr 10, 2010$2,216$260,730
Apr 10, 2009$2,322$273,190
Apr 10, 2007$1,852$210,480
Apr 10, 2006$1,374$149,340
Apr 10, 2005$1,194$124,370
Apr 10, 2004$1,034$107,710
Apr 10, 2003$743$77,440
Apr 10, 2002$701$73,059
Apr 10, 2001$1,066$92,715
Nearby homes
Neighborhood details
Local context around this listing
Washington, DC • District of Columbia
Nearby neighborhoods
Adams MorganCapitol HillColumbia HeightsDupont CircleFoggy BottomLogan CirclePetworthSixteenth Street HeightsSouthwest WaterfrontWashington Highlands
Nearby cities
Washington
Nearby zip codes
20001200022000320009200102001120016200192002020032
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