815 Malcolm X Avenue SE
Washington, DC 20032
- ā beds
- ā baths
- 3,024 sqft
- 5,000 sqft lot
- $223 per sqft
- 1939 build
For Sale: 815 Malcolm X Avenue SE ā 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 Elizabethās East, bringing added value and growth potential. Unit Breakdown: Each unit: 2 bedrooms, 1 bathroom Two vacant units (Unit #2 & Unit #3): Unit #2 ā Recently upgraded with new appliances, new carpet, new countertops, and fresh paint Unit #3 ā New carpet, well-maintained, and exclusive access to the expansive rear deck Two occupied units (Unit #1 & Unit #4): Unit #1 ā Rented at $1,166/month Unit #4 ā 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 $1,300ā$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: ā Three-car parking pad in the rear ā Large, well-maintained rear deck for tenant enjoyment ā Owner pays water; tenants cover electric & gas Investment Highlights: š Growth potential with increasing rents and the booming Saint Elizabethās East redevelopment š° Strong rental demand for 2-bedroom units in this location š Private parking, a valuable amenity in DC š³ 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.
Last checked:
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Last updated Mar 15, 2025
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MLS# DCDC2189866 ā
The Building
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Year Built:1939
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Year Built Source:Assessor
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New Construction:No
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Construction Materials:Brick
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Building Levels:2
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Building Units Total:4
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Structure Type:Detached
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Architectural Style:Colonial
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Accessibility Features:None
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Foundation Details:Crawl Space
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Building Winterized:No
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Tax Total Finished SqFt:3024
Interior
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Total SqFt:3024
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Living Area SqFt:3,024 Sqft
Financial & Terms
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Sale Type:Standard
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Possession:0-30 Days CD
Location
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Directions:Martin Luther King to
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Latitude:38.84489000
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Longitude:-76.99395000
The Property
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Property Type:Multi-Family
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Property Subtype:Quadruplex
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Property Condition:Good
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Lot Size Units:Square Feet
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Lot Size Acres:0.11
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Lot Size Source:Assessor
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Lot SqFt:5,000 Sqft
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Zoning:R2
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In City Limits:Yes
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Soil Types:Urban Land-Beltsville-Chillum
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Ground Rent Exists:No
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (202) 468-5917
- Office phone:
- (202) 800-8389
Taxes
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Tax ID Number:5948//0807
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Tax Year:2024
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Tax Lot:807
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Tax Annual Amount:$4,523
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Tax Assessed Value:$550,090
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Year Assessed:2024
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City/Town Tax:4523.00
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Total Taxes Payment Frequency:Annually
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Electric
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Heating:Yes
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Heating Type:Hot Water
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Private Sewer
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Hot Water:Natural Gas
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Water Source:Public
Schools
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School District Name:District Of Columbia Public Schools
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School District Source:Listing Agent
The Community
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Pool:No Pool
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Association Recreation Fee:No
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Municipal Trash:Yes
Parking
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Total Garage and Parking Spaces:3
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Garage:No
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Type of Parking:Driveway
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Driveway - # of Spaces:3
Extra Units
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# of Units:2
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Other Units:Unit 1,Unit 2,Unit 4,Unit 3
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Vacation Rental:No
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Two Bedroom Units:4
Walk ScoreĀ®
Provided by WalkScoreĀ® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walkerās Paradise).
Bike ScoreĀ®
Provided by WalkScoreĀ® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Bikerās Paradise).
Transit ScoreĀ®
Provided by WalkScoreĀ® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Riderās Paradise).
Soundscoreā¢
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
---|---|---|---|---|
3/15/25
Mar 15, 2025
|
Listed / Active | BRIGHT | $675,000 |