2735 Connecticut Ave NW 2735 Connecticut Ave NW 7 Unit Apartment Building For Sale Washington, DC 20008

The Opportunity
The Zupancic Group of Marcus & Millichap is pleased to present 2735 Connecticut Avenue NW, a 7-unit multifamily asset located in the Woodley Park neighborhood of Washington, DC. The property is currently operating as a professionally managed corporate housing asset through Sojourn, one of the leading operators in the sector. The building has been fully gut-renovated and is positioned as a turnkey, potentially high revenue producing investment with no immediate capital requirements. Located in the premier Woodley Park neighborhood, a blue-chip, high barrier to entry submarket with strong rental demand, the asset offers immediate cash flow with long-term appreciation potential.
The Asset
2735 Connecticut Avenue NW consists of 7 residential units totaling 6,304 gross square feet on a 2,640 square foot lot zoned RA-4. The unit mix includes four 2-bedroom 2-bath units, one 1-bedroom plus den unit, one 2-bedroom 2-bath plus office unit, and one multistory 2-bedroom 2.5-bath penthouse with a rooftop terrace. The layouts are large and well-suited for corporate housing or high end rental demand. The property has been fully gut-renovated with luxury, top of the market finishes and high-end appliances. Ownership has invested substantially in furnishings, allowing for turnkey operations under the current corporate housing model. The asset projects to generate approximately $460,000-$660,000 in annual revenue under the existing operating structure. Amenities include a fitness center and two on site parking spaces. The property is professionally operated by Sojourn and is positioned to generate strong cash flow with a largely passive management structure for ownership.
The Location
2735 Connecticut Avenue is located in Woodley Park, a blue-chip, supply-constrained Northwest DC submarket known for its historic prestige and limited new development. The neighborhood has been home to U.S. Presidents Hoover, Johnson, and Eisenhower, along with several Supreme Court Justices, reinforcing its legacy as one of Washington’s most distinguished residential enclaves. Today, Woodley Park remains transit-oriented (steps from the Woodley Park Metro station) with walkable access to neighborhood retail, dining, and nearby Adams Morgan and Cleveland Park. The National Zoo, Rock Creek Park, and Embassy Row are directly nearby, supporting demand for corporate housing, students, interns, and more, seeking housing near campus, employment centers, and entertainment.