449 Mellon St Se, Washington, DC 20032

Local realty services provided by:Better Homes and Gardens Real Estate Reserve
449 Mellon St Se,Washington, DC 20032
$580,000
  • 8 Beds
  • - Baths
  • 2,848 sq. ft.
  • Multi-family
  • Pending
Listed by: taelor salmon
Office: coldwell banker realty - washington
MLS#:DCDC2213294
Source:BRIGHTMLS

Price summary

  • Price:$580,000
  • Price per sq. ft.:$203.65

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

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Home facts

  • Year built:1942
  • Listing ID #:DCDC2213294
  • Added:154 day(s) ago
  • Updated:December 31, 2025 at 08:44 AM

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:$580,000
  • Price per sq. ft.:$203.65
  • Tax amount:$5,055 (2024)

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