$699,000
PENDING

815 Malcolm x Ave SE Washington, DC 20032

Congress Heights Neighborhood

Estimated payment $4,279/month

Total Views 1,782
-- Bed
-- Bath
3,024 Sq Ft
$231 Price per Sq Ft

Highlights

  • Colonial Architecture
  • Hot Water Heating System
  • 4-minute walk to Congress Heights Recreation Center
  • Central Air

About This Home

For Sale: 815 Malcolm X Avenue SE – Prime 4-Unit Investment Opportunity

Property Overview:
815 Malcolm X Avenue SE is a well-positioned four-unit multifamily building, offering an excellent investment opportunity in a rapidly developing area. The property is adjacent to the new District Towns at Saint Elizabeth’s East, bringing added value and growth potential.

Unit Breakdown:
Each unit: 2 bedrooms, 1 bathroom
Two vacant units (Unit #2 & Unit #3):
Unit #2 – Recently upgraded with new appliances, new carpet, new countertops, and fresh paint
Unit #3 – New carpet, well-maintained, and exclusive access to the expansive rear deck
Two occupied units (Unit #1 & Unit #4):
Unit #1 – Rented at $1,166/month
Unit #4 – Rented at $1,202/month
Total current rent: $2,366/month (below market, rent increases possible through DC Housing Authority)
Market Potential:

Similar 2-bedroom units rent for $1,300–$1,450/month in the area
Potential to increase total gross rent significantly by leasing vacant units at market rates and adjusting occupied unit rents
Additional Features:
? Three-car parking pad in the rear
? Large, well-maintained rear deck for tenant enjoyment
? Owner pays water; tenants cover electric & gas

Investment Highlights:
?? Growth potential with increasing rents and the booming Saint Elizabeth’s East redevelopment
?? Strong rental demand for 2-bedroom units in this location
?? Private parking, a valuable amenity in DC
?? Outdoor space enhances property appeal

Perfect for an investor looking for stable income with upside potential in a high-growth neighborhood!

For more details or to schedule a showing, reach out today.

Listing Agent

Kenn Blagburn

DC Real Property,LLC

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $4,523

Year Built

  • Built in 1939

Lot Details

  • 5,000 Sq Ft Lot
  • Property is in good condition

Home Design

  • Quadruplex
  • Colonial Architecture
  • Brick Exterior Construction

Interior Spaces

  • 3,024 Sq Ft Home
  • Crawl Space

Parking

  • 3 Parking Spaces
  • 3 Driveway Spaces

Utilities

  • Central Air
  • Hot Water Heating System
  • Natural Gas Water Heater
  • Municipal Trash
  • Private Sewer

Listing and Financial Details

  • Tax Lot 807
  • Assessor Parcel Number 5948//0807

Community Details

Overview

  • 4 Units
  • 2-Story Building

Building Details

  • 2 Vacant Units

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$4,523

Year Built

Built in 1939

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1939
  • Automatically Close On Close Date: No
  • Building Winterized: No
  • Remarks Public: For Sale: 815 Malcolm X Avenue SE – Prime 4-Unit Investment Opportunity Property Overview: 815 Malcolm X Avenue SE is a well-positioned four-unit multifamily building, offering an excellent investment opportunity in a rapidly developing area. The property is adjacent to the new District Towns at Saint Elizabeth’s East, bringing added value and growth potential. Unit Breakdown: Each unit: 2 bedrooms, 1 bathroom Two vacant units (Unit #2 & Unit #3): Unit #2 – Recently upgraded with new appliances, new carpet, new countertops, and fresh paint Unit #3 – New carpet, well-maintained, and exclusive access to the expansive rear deck Two occupied units (Unit #1 & Unit #4): Unit #1 – Rented at $1,166/month Unit #4 – Rented at $1,202/month Total current rent: $2,366/month (below market, rent increases possible through DC Housing Authority) Market Potential: Similar 2-bedroom units rent for $1,300–$1,450/month in the area Potential to increase total gross rent significantly by leasing vacant units at market rates and adjusting occupied unit rents Additional Features: ✔ Three-car parking pad in the rear ✔ Large, well-maintained rear deck for tenant enjoyment ✔ Owner pays water; tenants cover electric & gas Investment Highlights: 📈 Growth potential with increasing rents and the booming Saint Elizabeth’s East redevelopment 💰 Strong rental demand for 2-bedroom units in this location 🚗 Private parking, a valuable amenity in DC 🌳 Outdoor space enhances property appeal Perfect for an investor looking for stable income with upside potential in a high-growth neighborhood! For more details or to schedule a showing, reach out today.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Crawl Space
  • Total Sq Ft: 3024
  • Living Area Sq Ft: 3024
  • Price Per Sq Ft: 231.15
  • Above Grade Finished Sq Ft: 3024
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 815

Exterior Features

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

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 3
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 3

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Private Sewer
  • Water Source: Public
  • Municipal Trash: Yes

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: 0.11
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 5000.00
  • Property Condition: Good
  • Soil Types: Urban Land-Beltsville-Chillum
  • Year Assessed: 2024
  • Zoning: R2
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Ground Rent Exists: No
  • Number Of Units Month To Month: 2
  • Rent Control: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 4523.00
  • Assessor Parcel Number: 5948//0807
  • Tax Lot: 807
  • Tax Total Finished Sq Ft: 3024
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

Multi Family

  • Number Of Units Vacant: 2
  • Other Units: Unit 1,Unit 2,Unit 4,Unit 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
04/07/2025 04/07/25 Pending -- -- --
04/06/2025 04/06/25 Price Changed $699,000 +3.6% $231 / Sq Ft
04/02/2025 04/02/25 For Sale $675,000 0.0% $223 / Sq Ft
03/24/2025 03/24/25 Pending -- -- --
03/15/2025 03/15/25 For Sale $675,000 0.0% $223 / Sq Ft
02/06/2015 02/06/15 Rented $1,200 -14.3% --
02/06/2015 02/06/15 Under Contract -- -- --
11/13/2014 11/13/14 For Rent $1,400 0.0% --
05/31/2013 05/31/13 Sold $250,000 -23.5% $83 / Sq Ft
10/18/2012 10/18/12 Pending -- -- --
08/05/2012 08/05/12 For Sale $327,000 -- $108 / Sq Ft
Source: Bright MLS

Source: Bright MLS

MLS Number: DCDC2189866

Bright MLS

APN: 5948 0807

District of Columbia District of Columbia County Washington 20032 Congress Heights

815 Malcolm x Ave SE, Washington, DC

Homes for Sale in Washington, DC

This home is located at 815 Malcolm x Ave SE, Washington, DC 20032 and is currently priced at $699,000, approximately $231 per square foot. This property was built in 1939. 815 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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Kenn Blagburn
Listing Agent
Kenn Blagburn
Section Image
DC Real Property,LLC
(202) 468-5917