550 Malcolm X Avenue

Excellent opportunity to own a fully vacant three-unit multifamily property in the highly desirable Anacostia / Congress Heights area. This asset will be delivered 100% vacant at settlement, offering immediate flexibility for owner-occupants or investors without tenant displacement.

The property consists of three 1-bedroom, 1-bath units, a highly sought-after layout well suited for today’s rental demand. The move-in ready condition allows for immediate rental income, while also presenting upside through renovations, rebranding, or repositioning.

Ideally located just minutes from the Congress Heights Metro (Green Line), Joint Base Anacostia–Bolling (JBAB), and the transformative St. Elizabeths East redevelopment, including the Entertainment & Sports Arena, hospital, and expanding retail offerings. Proximity to JBAB supports consistent rental demand from military, civilian, and government professionals.

The surrounding area continues to experience strong appreciation and increased buyer and tenant demand. This property presents multiple investment strategies, including long-term rental hold, owner-occupant “live in one, rent the others,” or potential future condo conversion (buyer to verify). Convenient access to major commuter routes, public transportation, and neighborhood amenities.

A rare opportunity to secure a vacant multifamily asset in a rapidly evolving DC corridor.