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.
For sale
Price cut: $100 (7/17)
$449,900
550 Malcolm X Ave SE, Washington, DC 20032
6beds
--baths
1,845sqft
Est.:
Townhouse
Built in 1941
-- sqft lot
$450,100 Zestimate®
$244/sqft
$-- HOA
What's special
- 127 days
- on Zillow |
- 243 |
- 23 |
Likely to sell faster than
Zillow last checked: 7 hours ago
Listing updated: July 17, 2025 at 10:05am
Listed by:
Joyce Abdallah 571-218-9839,
Realty ONE Group Capital,
Co-Listing Agent: Muayyad Hikmat Nour 571-919-7945,
Realty ONE Group Capital
Source: Bright MLS,MLS#: DCDC2194800

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Basement
- Area: 657
Heating
- Hot Water, Natural Gas
Cooling
- None, Electric
Appliances
- Included: Gas Water Heater
Features
- Dry Wall, Plaster Walls
- Has fireplace: No
Interior area
- Total structure area: 1,845
- Total interior livable area: 1,845 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 1,566 Square Feet
- Features: Unknown Soil Type
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 5985//0041
- Zoning: R
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Slab
- Roof: Architectural Shingle,Asphalt
Condition
- Good
- New construction: No
- Year built: 1941
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Washington
Financial & listing details
- Price per square foot: $244/sqft
- Tax assessed value: $389,400
- Annual tax amount: $2,601
- Date on market: 4/18/2025
- Listing agreement: Exclusive Agency
- Ownership: Fee Simple
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