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.
For sale
$599,900
449 Mellon St SE, Washington, DC 20032
8beds
--baths
2,848sqft
Est.:
Quadruplex
Built in 1942
-- sqft lot
$596,200 Zestimate®
$211/sqft
$-- HOA
What's special
- 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#: DCDC2213294

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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