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550 Malcolm X Ave
For Sale $400,000 ($216.80 per Sq Ft)
$400,000 ($216.80 per Sq Ft)
- 3 Units
- 1,845 Sq Ft
- 1,566 Sq Ft
- Unknown Cap Rate
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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $400,000 |
| Property Type | Other |
| Usable Sqft | 1,845 |
| Number of Stories | 3 stories |
| Parking Spots | 0 spots |
| Year Built | 1941 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 5985//0041 |
| MLS # | DCDC2244826 |
| Property ID | 318477675 |
| Lot Sqft | 1,566 |
| Zoning | R |
| Total Units | 3 |
| Days on Market | 2 |
| Original List Price | Unknown |
| Applicances | Stove,Refrigerator,Washer,Dryer% |
| Date Updated | February 24, 2026 |
| Date Created | February 24, 2026 |
Financials not available online. Please inquire with your agent for more details.
Listing Provided By
Lloidy Guevara an agent of .
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Data last updated: February 26, 2026.
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Robert Crawford
REAL ESTATE AGENT