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815 Malcolm X Ave
Off-Market Call for Pricing
Call for Pricing
- Unknown Bedrooms
- Unknown Bathrooms
- 3,024 Sq Ft
- 5,000 Sq Ft
Description
For Sale: 815 Malcolm X Avenue SE – Prime 4-Unit Investment Opportunity
Property Overview:
815 Malcolm X Avenue SE is a well-positioned four-unit multifamily building, offering an excellent investment opportunity in a rapidly developing area. The property is adjacent to the new District Towns at Saint Elizabeth’s East, bringing added value and growth potential.
Unit Breakdown:
Each unit: 2 bedrooms, 1 bathroom
Two vacant units (Unit #2 & Unit #3):
Unit #2 – Recently upgraded with new appliances, new carpet, new countertops, and fresh paint
Unit #3 – New carpet, well-maintained, and exclusive access to the expansive rear deck
Two occupied units (Unit #1 & Unit #4):
Unit #1 – Rented at $1,166/month
Unit #4 – Rented at $1,202/month
Total current rent: $2,366/month (below market, rent increases possible through DC Housing Authority)
Market Potential:
Similar 2-bedroom units rent for $1,300–$1,450/month in the area
Potential to increase total gross rent significantly by leasing vacant units at market rates and adjusting occupied unit rents
Additional Features:
? Three-car parking pad in the rear
? Large, well-maintained rear deck for tenant enjoyment
? Owner pays water; tenants cover electric & gas
Investment Highlights:
???? Growth potential with increasing rents and the booming Saint Elizabeth’s East redevelopment
???? Strong rental demand for 2-bedroom units in this location
???? Private parking, a valuable amenity in DC
???? Outdoor space enhances property appeal
Perfect for an investor looking for stable income with upside potential in a high-growth neighborhood!
For more details or to schedule a showing, reach out today.
Owner
Do you own or manage this property?
This is My PropertyAmenities
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 | $699,000 |
| Property Type | Fourplex (4-units) |
| Usable Sqft | 3,024 |
| Number of Stories | 2 stories |
| Parking Spots | 0 spots |
| Year Built | 1939 |
| Last Sold | April 24, 2025 |
| Sold Price | 720,000 |
| APN # | 5948//0807 |
| MLS # | DCDC2189866 |
| Property ID | 321360254 |
| Lot Sqft | 5,000 |
| Zoning | R2 |
| Total Units | 4 |
| Date Updated | May 06, 2025 |
| Date Created | March 14, 2025 |
Listing Provided By
Kenn B Blagburn an agent of . Lic #PB98373602
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Data last updated: December 17, 2025.
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Robert Crawford
REAL ESTATE AGENT