815 MALCOLM X AVE SE, WASHINGTON, DC 20032

For Sale: 815 Malcolm X Avenue SE – Prime 4-Unit Investment OpportunityProperty 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 Elizabeth’s East, bringing added value and growth potential.Unit Breakdown:Each unit: 2 bedrooms, 1 bathroomTwo vacant units (Unit #2 & Unit #3):Unit #2 – Recently upgraded with new appliances, new carpet, new countertops, and fresh paintUnit #3 – New carpet, well-maintained, and exclusive access to the expansive rear deckTwo occupied units (Unit #1 & Unit #4):Unit #1 – Rented at $1,166/monthUnit #4 – Rented at $1,202/monthTotal current rent: $2,366/month (below market, rent increases possible through DC Housing Authority)Market Potential:Similar 2-bedroom units rent for $1,300–$1,450/month in the areaPotential to increase total gross rent significantly by leasing vacant units at market rates and adjusting occupied unit rentsAdditional Features:✔ Three-car parking pad in the rear✔ Large, well-maintained rear deck for tenant enjoyment✔ Owner pays water; tenants cover electric & gasInvestment Highlights:📈 Growth potential with increasing rents and the booming Saint Elizabeth’s East redevelopment💰 Strong rental demand for 2-bedroom units in this location🚗 Private parking, a valuable amenity in DC🌳 Outdoor space enhances property appealPerfect 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.