$ 430,000
-
$430,000
Price -
3
Bed -
3
Bath -
1,845
SqFt
NEW! Buy and sell safely with virtual options - Learn More
About the Listing EXPY4 - 3228942
Excellent opportunity to own a fully vacant three-unit multifamily property in the highly desirable Anacostia / Congress Heights area. This asset will be delivered 100% vacant at settlement, offering immediate flexibility for owner-occupants or investors without tenant displacement. The property consists of three 1-bedroom, 1-bath units, a highly sought-after layout well suited for today’s rental demand. The move-in ready condition allows for immediate rental income, while also presenting upside through renovations, rebranding, or repositioning. Ideally located just minutes from the Congress Heights Metro (Green Line), Joint Base Anacostia–Bolling (JBAB), and the transformative St. Elizabeths East redevelopment, including the Entertainment & Sports Arena, hospital, and expanding retail offerings. Proximity to JBAB supports consistent rental demand from military, civilian, and government professionals. The surrounding area continues to experience strong appreciation and increased buyer and tenant demand. This property presents multiple investment strategies, including long-term rental hold, owner-occupant “live in one, rent the others,” or potential future condo conversion (buyer to verify). Convenient access to major commuter routes, public transportation, and neighborhood amenities. A rare opportunity to secure a vacant multifamily asset in a rapidly evolving DC corridor.
Listing Highlights
Status
Active
Days on Site
15
Property Type
Residential
MLS ®
DCDC2231358
Year Built
1941
Total Square Footage
1,845
Lot/Acreage
0.04
Interior Details
- Bedrooms: 3
- Bathrooms: 3 Full
- Appliances:
- Air Cond:
- Heating: Hot Water
- Fireplaces:
- Floor:
- Above Ground Sq Ft: 1188
- Below Ground Sq Ft: 657
- Basement:
- Other: Main Floor Bedrooms: 1
- Water: Public
Exterior Details
- Lot Description: Not New Construction,Horse Property: No
- Garage Capacity: N/A
- Zoning: R
- Roof: Asphalt,Architectural Shingle
- Others:
- Sewer: Private Sewer
- Parking Features: On Street
Financial Details
- Tax Amount: $3,310
- Taxes w/Assessments: N/A
- Tax/Property ID: N/A
- Tax Year: 2025
Payment Calculator
Monthly Payment
- in Principal and Interest
- in Taxes
Years
% Down Payment
% Mortgage Rate
Questions About..
550 Malcolm X Ave SE Washington, DC 20032
Never Miss A New Property
Get notified any time there's a new home on the market in this neighborhood!
Don't worry! We'll never spam you or sell your details. You can unsubscribe whenever you'd like.
Listing Courtesy of -
