Investment Overview

Marcus & Millichap is pleased to offer for sale the 1813 Maryland Avenue Apartments located at 1813 Maryland Ave NE in Washington, D.C. This value-add multifamily asset presents significant upside potential, with the opportunity to expand the existing building by adding an additional floor, thereby increasing both the unit count and revenue potential. Currently, all even-numbered apartments can be converted into two-bedroom units, enhancing rental income and tenant demand. Furthermore, the property’s high vacancy rate offers investors a unique advantage, allowing for seamless repositioning, strategic upgrades, and a curated tenant mix. Located in the Trinidad-Langston neighborhood of D.C., the property benefits from the neighborhood’s proximity to the H Street Corridor, one of the city’s most popular commercial and entertainment districts. H Street is known for its mix of restaurants, bars, theaters, and boutique shops. The area is also home to landmarks such as Union Market, a food hall and retail destination, and the Atlas Performing Arts Center, reinforcing the neighborhood’s status as an arts and dining destination. In addition to its entertainment and retail attractions, Trinidad-Langston provides strong connectivity to the rest of the city. Metrobus routes, the D.C. Streetcar, and Union Station offer efficient transit options, giving residents easy access to downtown D.C., Capitol Hill, and surrounding employment centers. The neighborhood’s walkability and bike-friendly infrastructure further enhance its appeal to professionals seeking an urban lifestyle with convenient access to both work and leisure.