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For sale
  • $599,900

    449 Mellon St SE, Washington, DC 20032

    8beds
    --baths
    2,848sqft
    : 
    Quadruplex
    Built in 1942
    -- sqft lot
    $596,200 Zestimate®
    $211/sqft
    $-- HOA

    What's special

    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.
    9 days
    on Zillow
    |
    220
    |
    25
    |

    Zillow last checked: 7 hours ago

    Listing updated: July 30, 2025 at 05:07pm

    Listed by:

    Taelor Salmon 240-447-0711,

    Coldwell Banker Realty - Washington

    Source: Bright MLS,MLS#: DCDC2213294MLS Logo
    Travel times

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 8
    Basement
    • Area: 0
    Heating
    • Forced Air, Natural Gas
    Cooling
    • Central Air, Natural Gas
    Appliances
    • Included: Refrigerator, Microwave, Disposal, Gas Water Heater
    Features
    • Cedar Closet(s), Combination Dining/Living, Floor Plan - Traditional, Kitchen - Galley
    • Flooring: Hardwood
    • Windows: Energy Efficient
    • Has basement: No
    • Has fireplace: No
    Interior area
    • Total structure area: 2,848
    • Total interior livable area: 2,848 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: Accessible Doors, Accessible Hallway(s)
    Features
    • Pool features: None
    Lot
    • Size: 4,700 Square Feet
    • Features: Chillum-Urban Land Complex
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 5996//0040
    • Zoning: R1
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Contemporary
    • Property subtype: Quadruplex
    Materials
    • Brick
    • Foundation: Crawl Space
    • Roof: Flat
    Condition
    • Good
    • New construction: No
    • Year built: 1942
    • Major remodel year: 2020

    Utilities & green energy

    • Electric: 200+ Amp Service
    • Sewer: Approved System
    • Water: Private, Holding Tank

    Community & HOA

    Community
    • Security: Exterior Cameras, Electric Alarm, Monitored, Main Entrance Lock
    • Subdivision: Congress Heights
    Location
    • Region: Washington

    Financial & listing details

    • Price per square foot: $211/sqft
    • Tax assessed value: $607,040
    • Annual tax amount: $5,055
    • Date on market: 7/31/2025
    • Listing agreement: Exclusive Agency
    • Listing terms: Cash,Conventional,FHA
    • Ownership: Fee Simple
    • Total actual rent: 48960
    • Income includes: Apartment Rentals
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