404 Mellon St SE Washington, DC 20032
For Sale
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Turnkey investment opportunity or ideal owner-occupied income property! This beautifully remodeled multifamily home features two spacious units, each offering over 1,400 finished square feet with 3 bedrooms and 2 full bathrooms — perfect for investors looking to maximize rental income or buyers wanting to live in one unit while generating income from the other. Both units have been extensively updated with modern finishes throughout, including brand-new white shaker cabinets with soft-close features, quartz countertops, stainless steel appliances, and luxury vinyl plank flooring in all living areas. Bedrooms feature brand-new plush carpeting, while updated light fixtures, outlets, and switches add a fresh, modern touch throughout the home. The bathrooms have been fully refreshed with new vanities, toilets, mirrors, and professionally reglazed bathtubs. The entire property has been freshly painted inside and out, giving it exceptional curb appeal and a true move-in-ready feel. Each unit also includes a spacious primary bedroom with a walk-in closet. Major system upgrades include a brand-new electrical meter box, upgraded wiring to both units, a roof replaced in 2024, and a new HVAC system for the lower-level unit installed in 2024, offering peace of mind for years to come. Outside, enjoy a large backyard perfect for entertaining, relaxing, or exploring the potential for future off-street parking. Ample street parking is also readily available. Conveniently located just 10 minutes from Nationals Park and Navy Yard, 15 minutes from The Wharf, and 20 minutes from MGM National Harbor, this property offers easy access to dining, entertainment, shopping, and everything the DC metro area has to offer. Some photos virtually staged. County: WASHINGTON In City Limits: Yes School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS SchoolDistrictSource: Listing Agent School District County ID: 121140357950
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
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No recorded transactions found for this property.
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Risks
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