550 MALCOLM X AVE SE
Washington, DC 20032

$430,000 For Sale:
Quick Facts
  • Bedroom:3
  • Baths:3
  • Area:1845sq ft
  • Style:A-Frame
  • Year Built:1941
  • Lot Size:0.04 acres

Description:

Excellent opportunity to own a fully vacant three-unit multifamily property in the highly desirable Anacostia / Congress Heights area. This asset will be delivered 100% vacant at settlement, offering immediate flexibility for owner-occupants or investors without tenant displacement. The property consists of three 1-bedroom, 1-bath units, a highly sought-after layout well suited for today’s rental demand. The move-in ready condition allows for immediate rental income, while also presenting upside through renovations, rebranding, or repositioning. Ideally located just minutes from the Congress Heights Metro (Green Line), Joint Base Anacostia–Bolling (JBAB), and the transformative St. Elizabeths East redevelopment, including the Entertainment & Sports Arena, hospital, and expanding retail offerings. Proximity to JBAB supports consistent rental demand from military, civilian, and government professionals. The surrounding area continues to experience strong appreciation and increased buyer and tenant demand. This property presents multiple investment strategies, including long-term rental hold, owner-occupant “live in one, rent the others,” or potential future condo conversion (buyer to verify). Convenient access to major commuter routes, public transportation, and neighborhood amenities. A rare opportunity to secure a vacant multifamily asset in a rapidly evolving DC corridor.

StatusActive
Added to RealtyWatchDecember 5, 2025 - 39 days ago
Listing Office EXP Realty, LLC, Joyce Abdallah
MLS IDDCDC2231358

Schedule a Showing

Interior

  • General: Other
  • A/C: None
  • Heating: true, Hot Water, Natural Gas
  • Disability Feature: Other

Exterior

  • General: Above Grade, Below Grade
  • Style: A-Frame

Construction

  • Roofing: Asphalt, Architectural Shingle
  • General: Brick, 3, Brick/Mortar

Location

  • Originating MLS: BRIGHT_MAIN
  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • County: WASHINGTON-DC

Lot

  • Zoning: R, 5985//0041

Utilities

  • Water: Public
  • Sewer: PrivateSewer

Financial

  • Source: BRIGHT_MAIN

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2026 BrightMLS. All rights reserved. Data displayed may be a portion of, and not a complete set of all listings published in the MLS.