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$430,000

  • For Sale
  • Active
  • Single Family
  • 3 Beds
  • 3 Full Baths
  • 1,845 Sq. Ft.
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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.

Full Property Details for 550 Malcolm X Ave SE

General

  • Price: $430,000
  • Taxes: $3,310 (2025)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSMidAtlantic
  • MLS ID: DCDC2231358
  • Updated: 12/19/2025
  • Added to Site: 42 day(s) ago

Interior

  • Number of Rooms: 3
  • Interior Features: Other

Rooms

Bathrooms

  • Total Bathrooms: 3
  • Full Bathrooms: 3
  • Upper Floor Baths: 1
  • Upper - Full Baths: 1
  • Main Floor Baths: 1
  • Main - Full Baths: 1
  • Lower Floor Baths: 1
  • Lower - Full Baths: 1

Bedrooms

  • Total Bedrooms: 3
  • Bedrooms Upper: 1
  • Bedrooms Lower: 1
  • Bedrooms Main & Up: 1

Parking

  • Parking Type: On Street

Location

  • County: WASHINGTON
  • Subdivision: CONGRESS HEIGHTS
  • Driving Directions: From Washington, DC (downtown area) Route (about 15 min): Take I-395 South or South Capitol St. SE toward Anacostia. Continue across the Frederick Douglass Memorial Bridge. Stay right onto Malcolm X Ave SE. Continue to 550 Malcolm X Ave SE (near Joint Base Anacostia-Bolling).

School Information

  • School District: District Of Columbia Public Schools

Heating & Cooling

  • Cooling Type: None
  • Cooling Fuel: Electric
  • Heating Type: Hot Water
  • Heating Fuel: Natural Gas
  • Water Heater: Natural Gas

Utilities

  • Sewer: Private Sewer
  • Water: Public

Structural Information

  • Architectural Style: A-Frame
  • Structure Type: Detached
  • Construction: Brick
  • Foundation: Brick/Mortar
  • Roof: Asphalt, Architectural Shingle
  • Walls/Ceilings: Dry Wall
  • Stories Description: Lower 1, Main, Upper 1
  • Square Feet: 1,845
  • Sq. Ft. Source: Assessor
  • Living Area: 1,845 Sq. Ft.
  • Finished Above Grnd: 1,188 Sq. Ft.
  • Finished Below Grnd: 657 Sq. Ft.
  • Year Built: 1941
  • Year Built Source: Assessor

Unit Information

Unit 1

  • Bathrooms-Lower: 1
  • Bedrooms-Lower: 1

Lot Features

  • Lot Size (Acres): 0.04
  • Lot Size (Sq. Ft.): 1,566
  • Lot Size Source: Assessor
  • Zoning: R

Financial Considerations

  • Price Per Sq. Ft.: $361.95
  • For Lease: Yes
  • Assessment Year: 2025
  • City/TownTax: $3,310
  • Tax w/Assessment: $420,710
  • Tax Amount: $3,310
  • Tax Year: 2025
  • Tax Total Finished Sq. Ft.: 1845

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 41

Listed by EXP Realty, LLC, Joyce Abdallah

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Listing agent

— 550 Malcolm X Ave SE —

  • Joyce Abdallah

    EXP Realty, LLC

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 550 Malcolm X Ave SE

School District:District of Columbia Public Schools
NameGradesDistance
King Elementary School
3200 6th Street Southeast, Washington, DC 20032
K-50.2 mi
Hart Middle School
601 Mississippi Avenue Southeast, Washington, DC 20032
6-80.5 mi
Ballou High School
3401 4th Street Southeast, Washington, DC 20032
9-120.4 mi
Disclaimer: School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 550 Malcolm X Ave SE Get Price Alerts and Save Property

Date
Details
Price
Change
Source
12/05/2025
Listed
$430,000
-10.42%
MLS
8/17/2023
Sold
$480,000
—
Public Record
Get Price Alerts and Save Property
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Tax History for 550 Malcolm X Ave SE

Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,310
27%
$389,400
27%
2024
$2,601
2%
$306,000
4%
2023
$2,547
12%
$293,300
10%
2022
$2,265
9%
$266,490
9%
2021
$2,075
6%
$244,070
6%
2020
$1,951
4%
$229,500
4%
2019
$1,876
6%
$220,690
6%
2018
$1,770
3%
$208,250
3%
2017
$1,712
17%
$201,390
17%
2016
$1,462
10%
$172,000
10%
2015
$1,333
7%
$156,810
7%
2014
$1,243
—
$146,260
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

Estimate the Cost for 550 Malcolm X Ave SE

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*These costs are estimates, and the interest rates assume exceptional credit standing.

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Listed by EXP Realty, LLC, Joyce Abdallah

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550 Malcolm X Avenue SE, Washington, DC 20032 (MLS# DCDC2231358) is a Single Family property with 3 bedrooms and 3 full bathrooms. 550 Malcolm X Avenue SE is currently listed for $430,000 and was received on December 05, 2025. Want to learn more about 550 Malcolm X Avenue SE? Do you have questions about finding other Single Family real estate for sale in Washington? You can browse all Washington real estate or contact a Coldwell Banker agent to request more information.

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