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Multifamily

311 A Street NE

311 A St NE, Washington, DC 20002

Listing Price: $2,195,000

Cap Rate
8.50%
Number of Units
4
GRM
8.34
Price/Unit
$548,750
Price/Gross SF
$666.36
Gross SF
3,294

Investment Overview

Marcus & Millichap is pleased to present 311 A Street NE, a four-unit boutique investment opportunity comprising three residences within the main building and a separate carriage house. Located in the heart of Capitol Hill, one of Washington, DC’s most prestigious and supply-constrained neighborhoods, the offering represents a rare opportunity to acquire a fully furnished asset with a proven corporate-housing model generating premium rental income. The Property is ideally positioned just off East Capitol Street, steps from the U.S. Capitol, Supreme Court, Library of Congress, and Eastern Market, placing it at the center of one of the most demand-driven rental markets in the city. With a diversified mix of studio, one-bedroom, and two-bedroom residences, 311 A Street appeals to a broad base of government, legal, consulting, and internship tenants. The asset combines an irreplaceable location, established furnished-rental operations, and multiple execution strategies, including continued short- to mid-term rentals or conversion to traditional multifamily use. 311 A Street presents a unique opportunity to acquire a turnkey investment property offering immediate income, operational flexibility, and long-term appreciation potential in a blue-chip location.

Investment Highlights

  • Irreplaceable Capitol Hill location steps from U.S. Capitol & Supreme Court
  • TOPA-free structure provides enhanced execution certainty
  • Diversified unit mix appeals to a broad tenant base
  • Turnkey, fully furnished asset with immediate income continuity
  • Premium ADR-driven income significantly outpaces traditional rents
  • Proven corporate-housing model with established demand
  • Main building and separate carriage house provide distinctive appeal
  • Multiple leasing strategies provide flexibility and risk mitigation

Exclusively Listed By

  • John Slowinski

    Associate Director Investments

    (202) 536-3780

    Email John

    License(s): MD: 5002965, DC: SP200205349

    Washington, D.C.

  • Marty Zupancic

    Senior Managing Director Investments

    (202) 536-3788

    Email Marty

    License(s): MD: 631902, VA: 0225 187032, DC: SP98368225

    Washington, D.C.

Broker of Record

  • Brian Hosey

    Senior Managing Director, Market Leader- Mid-Atlantic

    (202) 536-3700

    License(s) DC: BR200201612

    District of Columbia

Multifamily

311 A Street NE

Listing Price: $2,195,000

Cap Rate
8.50%
Number of Units
4
GRM
8.34
Price/Unit
$548,750
Price/Gross SF
$666.36
Gross SF
3,294

Investment Highlights

  • Irreplaceable Capitol Hill location steps from U.S. Capitol & Supreme Court
  • TOPA-free structure provides enhanced execution certainty
  • Diversified unit mix appeals to a broad tenant base
  • Turnkey, fully furnished asset with immediate income continuity
  • Premium ADR-driven income significantly outpaces traditional rents
  • Proven corporate-housing model with established demand
  • Main building and separate carriage house provide distinctive appeal
  • Multiple leasing strategies provide flexibility and risk mitigation

Investment Overview

Marcus & Millichap is pleased to present 311 A Street NE, a four-unit boutique investment opportunity comprising three residences within the main building and a separate carriage house. Located in the heart of Capitol Hill, one of Washington, DC’s most prestigious and supply-constrained neighborhoods, the offering represents a rare opportunity to acquire a fully furnished asset with a proven corporate-housing model generating premium rental income. The Property is ideally positioned just off East Capitol Street, steps from the U.S. Capitol, Supreme Court, Library of Congress, and Eastern Market, placing it at the center of one of the most demand-driven rental markets in the city. With a diversified mix of studio, one-bedroom, and two-bedroom residences, 311 A Street appeals to a broad base of government, legal, consulting, and internship tenants. The asset combines an irreplaceable location, established furnished-rental operations, and multiple execution strategies, including continued short- to mid-term rentals or conversion to traditional multifamily use. 311 A Street presents a unique opportunity to acquire a turnkey investment property offering immediate income, operational flexibility, and long-term appreciation potential in a blue-chip location.

Exclusively Listed By

  • John Slowinski

    Associate Director Investments

    (202) 536-3780

    Email John

    License(s): MD: 5002965, DC: SP200205349

    Washington, D.C.

  • Marty Zupancic

    Senior Managing Director Investments

    (202) 536-3788

    Email Marty

    License(s): MD: 631902, VA: 0225 187032, DC: SP98368225

    Washington, D.C.

Broker of Record

  • Brian Hosey

    Senior Managing Director, Market Leader- Mid-Atlantic

    (202) 536-3700

    License(s): DC: BR200201612

    District of Columbia

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