449 Mellon Street SE Washington, DC $ 580,000
449 Mellon Street SE
$ 580,000
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449 Mellon Street SE

Washington, DC, 20032
$ 580,000
Bedrooms8 Baths0.0

Monthly Estimate*

$ 3,618

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Multi-Family Home for sale in Washington, DC for $580,000 with 8 bedrooms. This home was built in 1942 on a lot size of 0.11.

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.

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Multi-Family Contingent

Price

$ 580,000

Bedrooms

8

Property Type

Multi-Family

Taxes

$ 5,055

Style

Contemporary

Lot Size

0.11

Year Built

1942

Town/City

Washington

County/Region

WASHINGTON

MLS | Web ID

DCDC2213294

Features
General
Living Area 2848
Sewer Approved System
Heating 90% Forced Air
Cooling Central A/C
Possession 31-60 Days CD
Roof Flat
Appliances Refrigerator Built-In Microwave Disposal
Zoning R1
Architectural Style Contemporary
Security Features Exterior Cameras Electric Alarm Monitored Main Entrance Lock
Construction Materials Brick
School District DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Year Built 1942
Electric 200+ Amp Service
Property Subtype Quadruplex
Tax Year 2024
Ownership Fee Simple
Cool Fuel Natural Gas
Accessibility 32 + wide Doors 36 + wide Halls
County WASHINGTON
New Construction N
Property Type Multi-Family
Subdivision Name CONGRESS HEIGHTS
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Total Rooms 16
Status ACTIVE UNDER CONTRACT
Directions Mellon St Off of MLK Ave SE
City WASHINGTON
Disclosures Sell Entirely
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 4700.00
Number of Units Leased 3
Tax Annual Amount 5055.0
Home Warranty Y/N N
Property Condition Good
Two Bedroom 4
Structure Type Detached
Price Per Sq Ft Total AG 203.65
Acceptable Financing Cash Conventional FHA
Historic Y/N N
Rent Control Y/N N
Vacation Rental Y/N N
Lease Type Long Term
Standard Status Active Under Contract
Year Built Source Assessor
Legal Subdivision Congress Heights
Tax Lot 40
Total Actual Rent 48960.00
Cap Rate 10.00
Association Recreation Fee N
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Interior
Interior Amenities Cedar Closet(s) Combination Dining/Living Floor Plan - Traditional Kitchen - Galley
Heating Fuel Natural Gas
Flooring Hardwood
Hot Water Natural Gas
Total Stories 2
Furnished Units None
Basement (Y/N) N
Heating Y/N Y
Window Features Energy Efficient
Fireplace Y/N N
Central Air Y/N Y
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Exterior
Pool No Pool
Water Source Private Holding Tank
Type of Parking On Street
Foundation Details Crawl Space
Spa N
Water View Y/N N
Lot Size Acres 0.11
Lot Size Source Assessor
Waterfront Y/N N
Soil Types Chillum-Urban Land Complex
Land Assessed Value 162390.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 449
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* Excluded Features
List By
Coldwell Banker Realty - Washington

Broker

taelor.salmon@cbmove.com

Email

Affordability Calculator

$4,040
Per Month
90%
10%
0%
Monthly Principal & Interest
$3,618
Monthly Property Taxes
$421
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.375% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533234 Elementary School
3533273 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
10/23/2025$580,000 -3.32% Price Down
7/30/2025$599,900 Listed Price

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449 Mellon Street SE, Washington, DC, 20032 is a Multi-Family Home for sale at $580,000 with a lot size of 0.11. 449 Mellon Street SE has 8 bedrooms, 0.0 baths, and was built in 1942. The property's zip code is 20032 which is in Washington, DC