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$424,000
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Property Description
Rare opportunity to own a triplex income property in Washington, DC! This property features three separate units, making it ideal for both investors and owner-occupants. Live in one unit and have the other two help pay your mortgage, or rent all three units for strong income potential and long-term equity growth. Located in the Congress Heights area of Southeast DC, the property sits within an emerging redevelopment corridor near the St. Elizabeths campus redevelopment and the Entertainment & Sports Arena. The area continues to attract attention due to its proximity to the Congress Heights Metro (Green Line), commuter routes, and Joint Base Anacostia-Bolling, creating consistent rental demand. This is one of the few remaining pockets in DC where multifamily ownership is still attainable, making it a great entry point into the DC investment market. Perfect for first-time investors, house-hackers, or buyers seeking a property that combines homeownership with income generation. A unique chance to build equity while tenants contribute to your housing costs - an increasingly rare opportunity inside the District.
Full Property Details
Full Property Details for 550 Malcolm X Ave SE
General
- Sold For: $424,000
- Taxes: $3,310 (2025)
- Status: Closed
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: DCDC2244824
- Added to Site: 50 day(s) ago
Interior
- Interior Features: Other
- Appliances: Stove, Refrigerator, Washer, Dryer
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
- High School: Ballou Senior
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: Architectural Shingle, Asphalt
- 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.: $336.7
- Assessment Year: 2025
- City/TownTax: $3,310
- City/TownTax Freq: Annually
- County Tax Freq: Annually
- Tax w/Assessment: $420,710
- Tax Amount: $3,310
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 1845
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 41
Listed by EXP Realty, LLC, Lloidy Guevara
Sold by Unrepresented Buyer Office, Unrepresented
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Schools
Schools serving 550 Malcolm X Ave SE
School District:District of Columbia Public Schools
| Name | Grades | Distance |
|---|---|---|
King Elementary School 3200 6th Street Southeast, Washington, DC 20032 | K-5 | 0.2 mi |
Hart Middle School 601 Mississippi Avenue Southeast, Washington, DC 20032 | 6-8 | 0.5 mi |
Ballou High School 3401 4th Street Southeast, Washington, DC 20032 | 9-12 | 0.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 550 Malcolm X Ave SE
Date
Details
Price
Change
Source
3/30/2026
Sold
$424,000
6%
MLS
2/25/2026
Listed
$400,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
550 Malcolm X Avenue SE, Washington, DC 20032 (MLS# DCDC2244824) is a Single Family property that was sold at $424,000 on March 30, 2026. 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.

