About This Home

This 4-bedroom, 4-bathroom single family at 427 MELLON ST SE in Washington, DC is listed for $335,000. Built in 1937, on a 0.11 acres lot.

Key Features

  • Built in 1937
  • 0.11 acre lot

Property Details

4 full
1937
Listing Description

INVESTOR SPECIAL FOUR-UNIT DC BUILDING OFFERED AT ONLY 335,000 This is the type of opportunity serious investors look for Four-unit apartment building with four 1BR/1BA units, ready for a major renovation and complete repositioning. The property needs substantial rehab, but the upside is in the opportunity to transform the building, renovate the units, and create a strong income-producing asset.

VALUE-ADD OPPORTUNITY Bring your contractor, architect, and vision. This property is being offered at a price point that allows an investor to get into the DC multifamily market and potentially create significant value through renovation and stabilization.

Ideal for an experienced investor seeking a project with multiple rental units and long-term income potential. Strategically located near Cedar Hill Hospital, Bolling Air Force Base, CareFirst Arena, Nationals Stadium, and major transportation routes.

Convenient access to DC-295 and the Capital Beltway makes this location attractive for residents commuting throughout Washington, DC and the surrounding Maryland and Virginia markets. Four units. One property. Major upside. 335,000. Properties with this type of multifamily configuration and value-add potential don't come along every day. Bring your contractor and make your offer Property sold strictly AS-IS.

Monthly Cost Estimate

$1,792/mo

20% down · 6.5% · 30 years

Principal$242
Interest$1,452
Insurance$98

Estimates only. Actual payments may vary.

Location

427 MELLON ST SE

Washington, DC 20032

CONGRESS HEIGHTS

Questions & Answers

This 4-bedroom, 4-bathroom single family at 427 MELLON ST SE is listed at $335,000. The estimated monthly payment is $1,792 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1937, 0.11 acre lot.

This property is listed by Albert Elliott.

AE

Albert Elliott

Agent at Long & Foster Real Estate

Listed by Long & Foster Real Estate · Broker phone: 2029661400 · Broker website

MLS# DCDC2284932· Source: Long & Foster Real Estate· 35 days on PropertySimple

Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

427 MELLON ST SE, Washington, DC 20032

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