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449 Mellon Street SEWashington, DC 20032

For Sale

$599,900

Smart Buyer Rebate $4,998

Calling all investors and owner-occupants!

449 Mellon Street SE presents an exceptional opportunity to own in the rapidly transforming Congress Heights neighborhood. With the redevelopment of the St. Elizabeths campus well underway and plans moving forward for the RFK Stadium site, this area is poised for continued growth and long-term upside.

For investors, the property offers a strong projected 10% cap rate, making it a high-performing asset in a developing market. For owner-occupants, take advantage of financing options with as little as 3% down, while the income from the remaining three units significantly offsets your mortgage. Unit #3 is vacant!

Additional benefits include the potential for cost segregation, real estate depreciation, and the ability to leverage your investment for future portfolio growth. Whether you're looking to expand your portfolio, house hack, or secure your primary residence with built-in income, this property checks all the boxes.

Schedule your private tour of 449 Mellon Street SE today and capitalize on this rare opportunity.

Listed by Taelor Salmon

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License #SP98376431

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Coldwell Banker Realty - Washington

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2404470711

Last updated September 05, 2025

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Source: BrightMLS #DCDC2213294

Listing Facts

  • TypeMulti-family
  • NeighborhoodCongress Heights
  • Days on Prevu40
  • Taxes$5,055/year
  • Size2,848 sqft
  • Price per sqft$211

Location

Mortgage Calculator

Listing History

07/31/2025
Listed by Coldwell Banker Realty - Washington
$599,900

Property Details for 449 Mellon Street SE

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 4
  • Property Condition: Good
  • Roof: Flat
  • Stories Total: 2
  • Window Features: Energy Efficient
  • Year Built: 1942
  • Architectural Style: Contemporary
  • Construction Materials: Brick

Features

  • Other Structures: Above Grade, Below Grade
  • Waterfront: No

Measurements

  • Lot Size Acres: 0.11
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 4,700
  • Lot Size Units: Square Feet

Financial

Residential Income

  • Cap Rate: 10.0

Taxes

  • Tax Annual Amount: $5,055.00
  • Tax Year: 2024

Interior

Features

  • Appliances: Refrigerator, Built-In Microwave, Disposal
  • Fireplace: No
  • Flooring: Hardwood
  • Interior Features: Cedar Closet(s), Combination Dining/Living, Floor Plan - Traditional, Kitchen - Galley
  • Spa: No

Measurements

  • Living Area: 2,848
  • Living Area Source: Assessor

Rooms

  • Has Basement: No
  • Rooms Total: 16

Other

Features

  • Accessibility Features: 32"+ Wide Doors, 36"+ Wide Halls

Location

  • Subdivision Name: CONGRESS HEIGHTS
  • Tax Lot: 40

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Cooling: Central A/C
  • Electric: 200+ Amp Service
  • Heating: 90% Forced Air
  • Has Heating: Yes
  • Sewer: Approved System
  • Water Source: Private,Holding Tank

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Full MLS Disclaimers

Rebate estimate is indicative only and based on listing price and estimated buyer's agent commission paid by owner, if applicable. Final rebates are subject to Terms of Use and may vary due to final negotiated transaction terms.