308-312 Millers Court NE — Sale in Washington, DC

  • Price: Contact for price
  • Listing type: For sale
  • Asset type: Multifamily Property
  • Location: Washington, DC 20002

Investment Figures

Cap rate
8.85%

Derived from the asking price and operating figures published for this listing. Informational only — not an appraisal, valuation or financial advice. Verify independently before relying on any figure.

Description

Marcus & Millichap is pleased to present 308–312 Millers Court NE, a three-unit, boutique carriage house investment opportunity located in the heart of Capitol Hill, one of the most prestigious and supply-constrained submarkets in Washington, DC. The offering represents a rare opportunity to acquire a collection of historic, two-story carriage houses 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, and Library of Congress, placing it at the center of one of the most demand-driven rental markets in the city. The asset combines an irreplaceable location, a highly scarce product type, and multiple execution strategies, including continued furnished rentals or conversion to traditional multifamily use. 308–312 Millers Court presents a unique opportunity to capitalize on a turnkey, investment property in a blue-chip location with long-term appreciation and downside protection. Investment Highlights: • Irreplaceable Capitol Hill location steps from the U.S. Capitol & Supreme Court • TOPA-Free structure provides enhanced execution certainty • Rare carriage house product type with limited competitive supp • Turnkey, fully furnished asset with immediate income continuity • Premium ADR-driven income significantly outpaces traditional rents • Proven corporate housing model with established demand • Functional two-story layout maximizes revenue per unit • Multiple leasing strategies provide flexibility and risk mitigation

Market Context

This multifamily in Washington, DC is listed for sale. It is offered at an approximate 8.8% capitalization rate, a key benchmark for income-producing multifamily assets. It has been on the market for 100 days. Compare it against other multifamily listings for sale in Washington, DC — view the full market.

Contact

Explore this market

Similar Multifamily Property for Sale in Washington, DC