$475,000

550 Malcolm x Ave SE Washington, DC 20032

Congress Heights Neighborhood

Estimated payment $2,868/month

Total Views 30,303
-- Bed
-- Bath
1,845 Sq Ft
$257 Price per Sq Ft

About This Home

Multifamily Opportunity – Live In One, Rent the Rest! or rent all 3 units!
This is the income-generating property you've been waiting for! Featuring three vacant 1-bedroom, 1-bath units, each thoughtfully updated and ready for immediate occupancy.

Whether you're an investor looking to expand your portfolio or a savvy buyer wanting to live in one unit and let the others cover your mortgage, this property delivers flexibility and strong potential returns.

? No TOPA – Skip the delays and close quickly
?? Move-In Ready – All three units are vacant and updated
?? Perfect for Investors or Owner-Occupants
?? Fantastic Location – Just off I-295, minutes from DC, Virginia, and National Harbor

This is a rare chance to own a multifamily in a prime, commuter-friendly location. Don't miss out—schedule your tour today and see the possibilities for yourself!

Listing Agent

Joyce Abdallah

Realty ONE Group Capital License #0225230711

Realty ONE Group Capital

Co-Listing Agent

Muayyad Nour

Realty ONE Group Capital

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $2,601

Year Built

  • Built in 1941

Lot Details

  • 1,566 Sq Ft Lot
  • Property is in good condition

Parking

  • On-Street Parking

Home Design

  • Brick Exterior Construction
  • Slab Foundation
  • Plaster Walls
  • Architectural Shingle Roof
  • Asphalt Roof

Utilities

  • Hot Water Heating System
  • Natural Gas Water Heater

Community Details

  • 3 Units
  • 3-Story Building

Listing and Financial Details

  • Tax Lot 41
  • Assessor Parcel Number 5985//0041

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$2,601

Year Built

Built in 1941

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: End Of Row/Townhouse
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2025-04-18
  • Year Built: 1941
  • Remarks Public: Multifamily Opportunity – Live In One, Rent the Rest! or rent all 3 units! This is the income-generating property you've been waiting for! Featuring three vacant 1-bedroom, 1-bath units, each thoughtfully updated and ready for immediate occupancy. Whether you're an investor looking to expand your portfolio or a savvy buyer wanting to live in one unit and let the others cover your mortgage, this property delivers flexibility and strong potential returns. ✅ No TOPA – Skip the delays and close quickly 🏠 Move-In Ready – All three units are vacant and updated 💼 Perfect for Investors or Owner-Occupants 📍 Fantastic Location – Just off I-295, minutes from DC, Virginia, and National Harbor This is a rare chance to own a multifamily in a prime, commuter-friendly location. Don't miss out—schedule your tour today and see the possibilities for yourself!
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Wall Ceiling Types: Dry Wall, Plaster Walls
  • Foundation Details: Slab
  • Total Sq Ft: 1845
  • Living Area Sq Ft: 1845
  • Price Per Sq Ft: 399.83
  • Above Grade Finished Sq Ft: 1188
  • Below Grade Finished Sq Ft: 657
  • Total Below Grade Sq Ft: 657
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 550

Exterior Features

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

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

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

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.04
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1566.00
  • Property Condition: Good
  • Soil Types: Unknown
  • Year Assessed: 2024
  • Zoning: R
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: None
  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 2601.00
  • Assessor Parcel Number: 5985//0041
  • Tax Lot: 41
  • Tax Total Finished Sq Ft: 1845
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Single Room Units Count: 3

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

Range of Values:

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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
04/18/2025 04/18/25 For Sale $475,000 -1.0% $257 / Sq Ft
08/17/2023 08/17/23 Sold $480,000 0.0% $230 / Sq Ft
04/15/2023 04/15/23 For Sale $480,000 -- $230 / Sq Ft
Source: Bright MLS

About the Listing Agent

Joyce Abdallah
Joyce Abdallah

Realty ONE Group Capital

(833) 772-0090

Section Image

I'm an expert real estate agent with Realty One Group Capital in Mclean, VA serving the DMV and the nearby areas, providing home-buyers and sellers with professional, responsive and attentive real estate services. Want an agent who will really listen to what you want and need in a home? Need an agent who knows how to effectively market your home so it sells? Give me a call! I'm eager to help and would love to talk to you. licensed in the DMV.

View Joyce's Profile

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    Welcome to Your Dream Home at 8328 Carnegie Dr, Vienna, VA!Nestled in one of Vienna’s most desirable neighborhoods, this stunning residence offers the perfect blend of elegance, comfort, and modern amenities. As you approach the home, you’ll be greeted by a beautifully landscaped front yard, showcasing manicured gardens and a welcoming façade.Step inside to discover a spacious and

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Source: Bright MLS

MLS Number: DCDC2194800

Bright MLS

APN: 5985 0041

District of Columbia District of Columbia County Washington 20032 Congress Heights

550 Malcolm x Ave SE, Washington, DC

Homes for Sale in Washington, DC

This home is located at 550 Malcolm x Ave SE, Washington, DC 20032 and is currently priced at $475,000, approximately $257 per square foot. This property was built in 1941. 550 Malcolm x Ave 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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Joyce Abdallah
Joyce Abdallah
Listing Agent Section Image
Realty ONE Group Capital
(833) 772-0090