$400,000

550 MALCOLM X AVE SE, Washington, DC 20032

  • 1,845 sqft
  • Property Icon other
  • Property Year Built Icon Built in 1941
  • Property Lot Size Icon1,742sqft lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $217/sqft
  • Property List Date Icon Listed 3 days ago

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.

Listing Status:
Active
Date Added:
February 25, 2026
Data Last Updated:
February 28, 2026 at 6:16AM
Listing Office:
EXP Realty, LLC : 8333357433
Listing Agent:
Lloidy Guevara : 3013634050
MLS ID:
DCDC2244826
  • Appliances: StoveRefrigeratorWasherDryer
  • A/C: None
  • Heating: Hot WaterNatural Gas
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Other
  • Roofing: Architectural ShingleAsphalt
  • General: BrickSlab
  • Originating MLS: BRIGHT_MAIN
  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • County: WASHINGTON-DC
  • Zoning: R5985//0041
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Lloidy Guevara , EXP Realty, LLC

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

M

Martin Luther King Elementary School

3200 6th St SE, Washington, DC, 20032

Grades EE-5

0.21 miles away

H

Hart Middle School

601 Mississippi Ave SE, Washington, DC, 20032

Grades 6-8

0.55 miles away

B

Ballou Stay High School

3401 4th St SE, Washington, DC, 20032

Grades 9-12

0.48 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.