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550 Malcolm X Avenue SEWashington, DC 20032

For Sale

$449,900

Smart Buyer Rebate $1,248

Investor Special – Redevelopment Opportunity in Congress Heights | 550 Malcolm X Ave SE, Washington, DC 20032
Unlock the potential of this fully vacant, three-unit multifamily property in the heart of the rapidly transforming Anacostia corridor. Located just minutes from the Congress Heights Metro Station, this property presents a rare opportunity to invest in one of D.C.’s fastest-growing neighborhoods.

Each unit offers a 1-bed, 1-bath layout—ideal for rental income, short-term housing, or future redevelopment. All units are move-in ready, allowing for immediate cash flow while planning your long-term vision.

Listed by Joyce Abdallah

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License #SP200200670

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Realty ONE Group Capital

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5712189839

Last updated July 17, 2025

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Source: BrightMLS #DCDC2194800

Listing Facts

  • TypeMulti-family
  • NeighborhoodCongress Heights
  • Days on Prevu144
  • Taxes$2,601/year
  • Size1,845 sqft
  • Price per sqft$244

Location

Mortgage Calculator

Listing History

07/17/2025
Price Decreased
$449,900
07/16/2025
Status changed to Active
$450,000
06/13/2025
Status changed to Removed from Feed
$450,000
05/10/2025
Price Decreased
$450,000
04/18/2025
Listed by Realty ONE Group Capital
$475,000

Property Details for 550 Malcolm X Avenue SE

Exterior

Construction

  • New Construction: No
  • Number Of Units Total: 3
  • Property Condition: Good
  • Roof: Architectural Shingle, Asphalt
  • Stories Total: 3
  • Year Built: 1941
  • Architectural Style: Other
  • Construction Materials: Brick

Features

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

Measurements

  • Lot Size Acres: 0.04
  • Lot Size Source: Assessor
  • Lot Size Square Feet: 1,566
  • Lot Size Units: Square Feet

Financial

Taxes

  • Tax Annual Amount: $2,601.00
  • Tax Year: 2024

Interior

Features

  • Fireplace: No

Measurements

  • Living Area: 1,845
  • Living Area Source: Assessor

Other

Location

  • Tax Lot: 41

Parking

Parking

  • Garage: No

Utilities

Equipment

  • Heating: Hot Water
  • Has Heating: Yes
  • Sewer: Public Sewer
  • Water Source: Public

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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.