449 Mellon St Se, Washington, DC 20032
Local realty services provided by:ERA Martin Associates
449 Mellon St Se,Washington, DC 20032
$599,900
- 8 Beds
- - Baths
- 2,848 sq. ft.
- Multi-family
- Active
Listed by:taelor salmon
Office:coldwell banker realty - washington
MLS#:DCDC2213294
Source:BRIGHTMLS
Price summary
- Price:$599,900
- Price per sq. ft.:$210.64
About this home
Calling all investors and owner-occupants!
449 Mellon Street SE presents an exceptional opportunity to own in the rapidly transforming Congress Heights neighborhood. With the redevelopment of the St. Elizabeths campus well underway and plans moving forward for the RFK Stadium site, this area is poised for continued growth and long-term upside.
For investors, the property offers a strong projected 10% cap rate, making it a high-performing asset in a developing market. For owner-occupants, take advantage of financing options with as little as 3% down, while the income from the remaining three units significantly offsets your mortgage. Unit #3 is vacant!
Additional benefits include the potential for cost segregation, real estate depreciation, and the ability to leverage your investment for future portfolio growth. Whether you're looking to expand your portfolio, house hack, or secure your primary residence with built-in income, this property checks all the boxes.
Schedule your private tour of 449 Mellon Street SE today and capitalize on this rare opportunity.
Contact an agent
Home facts
- Year built:1942
- Listing ID #:DCDC2213294
- Added:63 day(s) ago
- Updated:October 02, 2025 at 01:39 PM
Rooms and interior
- Bedrooms:8
- Living area:2,848 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:90% Forced Air, Natural Gas
Structure and exterior
- Roof:Flat
- Year built:1942
- Building area:2,848 sq. ft.
- Lot area:0.11 Acres
Utilities
- Water:Holding Tank, Private
- Sewer:Approved System
Finances and disclosures
- Price:$599,900
- Price per sq. ft.:$210.64
- Tax amount:$5,055 (2024)
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