449 MELLON ST SE, Washington, DC 20032
- 2,848 sqft
Multi-Family Home
Built in 1942
4,792sqft lot
—— car garage
$211/sqft
Listed 1 day ago
Property Description
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.
- Listing Status:
- Active
- Date Added:
- July 31, 2025 at 05:00AM
- Listing Office:
- Coldwell Banker Realty - Washington : 2023876180
- Listing Agent:
- Taelor Salmon : 2404470711
- MLS ID:
- DCDC2213294

- General: Cedar Closet(s)Combination Dining/LivingFloor Plan - TraditionalKitchen - Galley
- Appliances: RefrigeratorBuilt-In MicrowaveDisposal
- Flooring: Hardwood
- A/C: Central A/C
- Heating: 90% Forced AirNatural Gas
- Disability Feature: 32"+ wide Doors36"+ wide Halls
This listing courtesy of Taelor Salmon, Coldwell Banker Realty - Washington
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Martin Luther King Elementary School
3200 6th St SE, Washington, DC, 20032
Grades EE-5
0.38 miles away
Hart Middle School
601 Mississippi Ave SE, Washington, DC, 20032
Grades 6-8
0.72 miles away
Ballou Stay High School
3401 4th St SE, Washington, DC, 20032
Grades 9-12
0.62 miles away