Press Releases
Marcus & Millichap Arranges Sale of Multifamily Property in Washington D.C.
October 02, 2026
WASHINGTON, D.C., Oct. 2, 2026 – Marcus & Millichap (NYSE: MMI), a leading commercial real estate brokerage firm specializing in investment sales, financing, research and advisory services, announced today the sale of 6145-6149 Kansas Ave. NE in Washington D.C.'s Riggs Park neighborhood. The asset sold for $1.3 million.
"Multifamily rental properties are in short supply in this pocket of the Manor Park and Brightwood submarket, making this a rare investment opportunity,” said John Slowinski, associate director investments in Marcus & Millichap's Washington D.C. office. "Our marketing focused on procuring the best possible buyer that could reliably advance through the bankruptcy approval process and close the deal. Once the buyer was in place, we worked diligently with all parties to get to a successful closing, ultimately enduring a market that presented periods of uncertainty and various challenges along the way.”
Slowinski, Ryan Murray and Marty Zupancic of Marcus & Millichap exclusively marketed the property on behalf of the seller, 76 M Inc. The sale was completed through a Chapter 11 bankruptcy process.
The property totals 9,500 square feet across three contiguous, two-story, four-unit buildings. The asset consists of 12 one-bedroom units, some of which have the potential to be converted into two-bedroom units.
The property is in Northeast D.C., near the Maryland border. It is close to the Catholic University of America, the Parks at Walter Reed redevelopment project and the Fort Totten Metro station, which serves the Green and Red Lines.
"Multifamily rental properties are in short supply in this pocket of the Manor Park and Brightwood submarket, making this a rare investment opportunity,” said John Slowinski, associate director investments in Marcus & Millichap's Washington D.C. office. "Our marketing focused on procuring the best possible buyer that could reliably advance through the bankruptcy approval process and close the deal. Once the buyer was in place, we worked diligently with all parties to get to a successful closing, ultimately enduring a market that presented periods of uncertainty and various challenges along the way.”
Slowinski, Ryan Murray and Marty Zupancic of Marcus & Millichap exclusively marketed the property on behalf of the seller, 76 M Inc. The sale was completed through a Chapter 11 bankruptcy process.
The property totals 9,500 square feet across three contiguous, two-story, four-unit buildings. The asset consists of 12 one-bedroom units, some of which have the potential to be converted into two-bedroom units.
The property is in Northeast D.C., near the Maryland border. It is close to the Catholic University of America, the Parks at Walter Reed redevelopment project and the Fort Totten Metro station, which serves the Green and Red Lines.
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About Marcus & Millichap, Inc. (NYSE: MMI)
Marcus & Millichap, Inc. is a leading brokerage firm specializing in commercial real estate investment sales, financing, research and advisory services with offices throughout the United States and Canada. As of December 31, 2025, the company had 1,808 investment sales and financing professionals in over 80 offices who provide investment brokerage and financing services to sellers and buyers of commercial real estate. The company also offers market research, consulting and advisory services to clients. Marcus & Millichap closed 8,818 transactions in 2025, with a sales volume of approximately $50.9 billion. For additional information, please visit www.MarcusMillichap.com.
