Coming soon
#DCDC2210406, Alvin D Rice, Listing office: Coldwell Banker Realty - Washington
Property details
About 550 Malcolm X Ave SE
Investor Special – Redevelopment Opportunity in Congress Heights | 550 Malcolm X Ave SE, Washington, DC 20032 Unlock the potential of this fully vacant, three-unit multifamily property in the heart of the rapidly transforming Anacostia corridor. Located just minutes from the Congress Heights Metro Station, this property presents a rare opportunity to invest in one of D.C.’s fastest-growing neighborhoods. Each unit offers a 1-bed, 1-bath layout—ideal for rental income, short-term housing, or future redevelopment. All units are move-in ready, allowing for immediate cash flow while planning your long-term vision.
Highlights
Home typeOther
HeatingHot Water
StatusActive
(ACTIVE)
(ACTIVE)
Size1,845 sqft
Lot size0.04 Acres
Year built1941
ParkingOn Street
MLS #DCDC2194800
Summary
- Parking: On Street
- Architectural Style: Other
- Heating: Hot Water
- Cooling: None
- List Price: $449,900
- Price/SqFt: $243
- Annual Tax Amount: $2,547
- Tax Year: 2023
- Directions: From Washington, DC: By Car: Head southeast on South Capitol Street toward Malcolm X Avenue SE. Turn left onto Malcolm X Avenue SE; your destination will be on the right. From Maryland: By Car: Travel south on I-95/I-495 (Capital Beltway) toward the Woodrow Wilson Bridge. Cross into DC and take Exit 2 for South Capitol Street. Continue on South Capitol Street and turn left onto Malcolm X Avenue SE; your destination will be on the right. From Virginia: By Car: Take I-95 South toward Washington, DC. Use Exit 3 for South Capitol Street. Continue on South Capitol Street and turn left onto Malcolm X Avenue SE; your destination will be on the right.
- Year Built: 1941
- Living Area: 1,845 SqFt
- Lot Size: 0.04 Acres
- MLS Number: DCDC2194800
- MLS Name: BRIGHT
- Office Name: Realty ONE Group Capital
- Office Phone: (703) 214-5100
- Office Email: cam@rogsells.com
- Listing Agent: Joyce Abdallah
- Agent Phone: (571) 218-9839
- Agent Email: joyceabdallah.realtor@gmail.com
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/24/2025, 3:45:29 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Aug 23, 2023 | Home Sold | $480,000 |
Tax history
| Year | Assessment | Property Tax |
|---|---|---|
| 2023 | $293,300 | $2,547 |
| 2022 | $266,490 | $2,265 |
| 2021 | $244,070 | $2,074 |
| 2020 | $229,500 | $1,950 |
| 2019 | $220,690 | $1,875 |
| 2018 | $208,250 | $1,770 |
| 2017 | $201,390 | $1,711 |
History based on county public records data.
Nearby schools
3
Martin Luther King Elementary School
Public District EE-5
0.2 mi
•3200 6th St SE
3
Simon Elementary School
Public District EE-5
0.6 mi
•401 Mississippi Ave SE
3
Malcolm X Elementary School
Public District EE-5
0.9 mi
•1500 Mississippi Ave SE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $37,893. Typical income of Washington, DC residents is between $35k-100k annually. The most common type of family is single, no kids. The majority of residents in this area have high school diploma education.
How much money do the neighbors make?
46%
<35k
48%
35k-100k
3%
100k-200k
3%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
61%
Single, No Kids
27%
Single, with Kids
8%
Married, No Kids
4%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
7%
12-17 yrs old
26%
18-34 yrs old
45%
35-64 yrs old
8%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Mexican League Soccer
Major League Soccer (MLS)
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Little Caesars
What do the neighbors drive?
Honda
Kia
Dodge
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
All data provided by Home Junction and Claritas
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Frequently asked questions
About 550 Malcolm X Ave SE
The listing price of 550 Malcolm X Ave SE property is $449,900.
The property 550 Malcolm X Ave SE is a house located in Washington, undefined, 20032.
Active Listing: 550 Malcolm X Ave SE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 550 Malcolm X Ave SE are: Martin Luther King Elementary School (GreatSchools Rating 3/10), Simon Elementary School (GreatSchools Rating 3/10), Malcolm X Elementary School (GreatSchools Rating 3/10), Friendship Public Charter School - Southeast Middle School (GreatSchools Rating 4/10), Center City Public Charter School - Congress Heights (GreatSchools Rating 9/10), Hart Middle School (GreatSchools Rating 4/10), Friendship Public Charter School - Technology Preparatory High School (GreatSchools Rating 9/10), Ballou High School (GreatSchools Rating 3/10), Ballou Stay High School (GreatSchools Rating 1/10).
According to the records, the last property tax for 2023 is $2,547 (source: MLS/based on county public records data).
The last sale was on August 23, 2023 for $480,000 (source: MLS/tax record).
The property at 550 Malcolm X Ave SE has 0 bathroom.
The property 550 Malcolm X Ave SE is 1,845 SqFt (source: MLS/tax record).
The year of construction for 550 Malcolm X Ave SE is 1941.
This home is located at 550 Malcolm X Ave SE in Washington, DC and zip code 20032 in the Congress Heights / Bellevue / Washington Highlands neighborhood. This 1,845 square foot home, which was built in 1941, sits on a 0.04 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since April 10, 2025 and is currently priced at $449,900.
The number of listings in Washington, DC increased by 42.2% between May and June 2025. The median list price of listings available in June 2025 was $626,435, while the average time on the real estate market was 83 days.
From Rocket Homes Real Estate and based on county public records data.