Washington Multifamily for Sale - Southeast

Marcus & Millichap is pleased to exclusively represent the owner of 5010 Southern Avenue SE, Washington, DC 20019, a 36-unit multifamily investment opportunity located in the Marshall Heights neighborhood of Southeast Washington, D.C. The property is situated on a spacious 0.73-acre parcel and consists of three separate residential buildings. The asset features all two-bedroom/one-bath apartments catering to long-term renters and families seeking affordable, modern housing options. The offering delivers immediate in-place cash flow with a compelling projected Year 1 stabilized cap rate of 7.16%, driven by the lease-up of eight currently vacant units. The property underwent a comprehensive renovation in 2015, including new windows, 36 HVAC systems, electrical and plumbing upgrades, a large onsite rental office and full interior renovations across all units. Each apartment is individually metered for electricity, with landlord responsibility limited to water service, supporting efficient operating expenses. The property is currently owned by a nonprofit organization, resulting in a real estate tax abatement that may be assumable by another nonprofit buyer, providing a potential tax-advantaged ownership structure. Additional income upside exists through the on-site central washer and dryer facilities and the expansive surface parking lot. A full property condition assessment conducted in October 2025 confirms no immediate capital improvement requirements, offering investors a true turnkey acquisition. Marshall Heights continues to benefit from sustained public and private investment throughout the Anacostia corridor, supported by infrastructure enhancements, residential and commercial redevelopment, and proximity to major employment centers. The property offers convenient access to Southern Avenue, Pennsylvania Avenue SE, I-295, and multiple Metrobus routes, providing strong connectivity to Downtown Washington, D.C., Maryland, and surrounding submarkets. Nearby retail, schools, and community amenities further support long-term tenant demand. 5010 Southern Avenue SE presents a compelling opportunity to acquire a well-located, mid-sized multifamily asset offering recent renovations, attractive yield, operational upside, and long-term growth potential in one of Southeast Washington, D.C.’s evolving residential neighborhoods.

Property Subtype:

Apartment

Date on Market:

2026-01-08

Washington Office for Sale - Uptown

• Ideal for an owner-user seeking long-term cost stability and ownership benefits. Avoid escalating submarket rents, save approximately $11,500 annually, and build equity through real estate ownership • Includes an attached parking garage with seven designated spaces, ensuring convenient and secure access for both employees and client. The condo also comes equipped with a security system, further ensuring the safety of all employees and clients • Situated in the Palisades, one of DC’s most affluent neighborhoods, with median household income exceeding $231,000, a highly educated population with over 94% holding college degrees, and a stable homeowner base where 85% of residences are owner-occupied

Property Subtype:

Loft/Creative Space

Date on Market:

2025-10-31

Washington Multifamily for Sale - Logan Circle

Luxury and high-class contemporary is the best way to describe these 4-unit residences, to be sold as a single building. The highly sought-after Columbia Heights Community showcases these luxury residences in an incredible NW location. Close to all of the U Street Corridor highlights and events, 14th and 16th Street attractions. Stone's throw away from Meridian Hill Park, restaurants, and much more! Units 1 through 3 all feature luxurious brands and finishes, high-end name-brand appliances throughout, and bathroom fixtures and kitchen cabinetry, very contemporary and modern living with 2BR/2BA each. The Luxury Penthouse Unit or Unit #4 is a three-level masterpiece of 3BR/3.5BA with modern and contemporary finishes throughout, and a private rooftop view of the city from the unit and a rear balcony. Living areas showcase custom windows, doors, closets, in-unit washer and dryer, tankless water heater, front and rear entry & exit from each unit. Beautiful custom front and rear doors, windows & oak flooring in French gray. Sleek kitchen with table space & white marble counters. Luxury owner's suite with an ensuite bathroom with double vanities. No C of O. The building was renovated a few years ago. A secure rear parking lot/garage with a separate deed/tax # included in the sale. Call the listing agent for an appointment or for a private tour. The listing agent must accompany on all showing appointments.

Property Subtype:

Apartment

Date on Market:

2025-09-16

Alexandria Office for Sale - Old Town Alexandria

This free-standing building was fully renovated in 2012. Currently built out with large team workspaces as well as private offices, the property is located in the emerging Braddock Road Metro neighborhood. Other possible By-Right uses include residential conversion or a preschool. The property includes 10 private parking spaces. Walk or bike to the Metro station that is six blocks away. Capital Bikeshare is two blocks away. The Property includes the office building known as 1010 Princess Street, tax map #064.01-14-02; 1020 Princess Street, tax map #064.01-14-01; 331 N. Henry Street, tax map #064.01-14-27; and the parking lot known as 1011 Princess Street, tax map #064.01-05-23.

Property Subtype:

Loft/Creative Space

Date on Market:

2025-09-10

Silver Spring Portfolio of properties for Sale

This 22,900 S.F. office building is available in combination with 9513 Georgia Ave (5,600 S.F. retail building) totals 28,500 S.F. and sits on a total of 16,357 S.F. of land. Included in the offering is an additional lot (2 legal parcels) with +/- 60 parking spaces which is located directly behind the building at the corner of Flora Lane and Woodland Drive. These lots total an additional 16,843 S.F. (9504 & 9506 Woodland Drive. This property could be perfect for an owner occupant who needs a great location on Georgia Avenue with excellent visibility and over 50,000 cars per day passing by. Could also be a solid fee simple investment with upside in upgrading the building and tenant rent roll. Additionally, the total of 33,200 S.F. site could be redeveloped. CRT-2.25 zoning allows for a multitude of uses including multi-family housing, residential care facility, cultural institution, day care, educational institution, private club, religious assembly, veterinary office/hospital, restaurant, funeral home, hotel/motel, medical or dental facility or lab, obviously office space, conference center, indoor recreation facility, virtually any type of retail, vehicle sales and rental, minor vehicle repairs, live work units, self storage with the right County approvals and possibly more. There is a new Royal Farms gas and convenience store being developed currently on the block to the south of this property. There is an alley that splits the the building and the parking lots. Currently there are 18 tenants in place and a small number of vacant offices available to be leased or occupied. Building definitely needs some upgrades. 2025 real estate taxes are $49,133 per year.

Property Subtype:

Mixed Types

Date on Market:

2025-09-05

Silver Spring Office for Sale

CPG, as exclusive representative to the Seller, is pleased to present 8807 Colesville Road in Downtown Silver Spring, MD. (the "Property"). The 1.50 acres Property is improved with a 5-story, 17,390 office building with 52 surface parking spaces that is mastered leased to Adventist Healthcare, Inc. 8807 Colesville Road is prominently located at the northeast intersection of Colesville Road and Spring Street.

Property Subtype:

Medical

Date on Market:

2025-03-10

Capitol Heights Portfolio of properties for Sale - Landover/Largo/Captl Hts

800 SF Retail | Office Building For Sale Five (5) Lots Consisting of approx. 17,685 SF of Industrial Land 5825 Martin Luther King Jr Hwy - Approx. 0.193 acres 5829 Martin Luther King Jr Hwy - Approx. 0.099 acres 5833 Martin Luther King Jr Hwy - Approx. 0.096 acres 5837 Martin Luther King Jr Hwy - Approx. 0.18 acres Ideal for retailer, contractor yard, construction company or industrial user seeking to be within close proximity to Washington DC.

Property Subtype:

Mixed Types

Date on Market:

2023-05-23

Washington Retail for Sale - Georgetown

Property Subtype:

Storefront Retail/Residential

Date on Market:

2025-12-29

Alexandria Office for Sale - Old Town Alexandria

Built in 1961, 728 S Washington Street offers a rare opportunity to acquire a prominent mixed-use asset in the heart of Old Town Alexandria. Positioned along one of Old Town’s most traveled corridors, the property benefits from exceptional visibility, walkability, and proximity to major lifestyle amenities. The +- 8,800SF building includes stable first-floor retail tenancy, two floors of vacant office/creative space which could be converted to residential. The property is positioned within the Commercial-Low (CL) zoning district, support a wide range of retail, office, medical, and residential uses. An owner-user will benefit from the second and third floor layout, which consists of three separately demised spaces that may also be leased to additional tenants. The owner-user can occupy one, two or all three areas. The individual spaces measure approximately +-3,800, +-1575 and +-225.

Date on Market:

2025-12-17

Alexandria Office for Sale - Old Town Alexandria

Transwestern, as exclusive agent, is pleased to offer a rare opportunity to acquire 1021 Prince Street (the “Property”), an extremely well-located building with flexible zoning that consists of a total of approximately 27,622 SF located in Old Town Alexandria, Virginia. This asset offers significant value for investors focused on office-to-residential conversions, commercial investment groups, as well as end users that would look to acquire the building for their own business operations. Constructed in 1983, 1021 Prince Street is a 3-story building totaling about 27,622 SF. While the property is located within the Old and Historic Alexandria District, it is not subject to the City of Alexandria Board of Architectural Review (BAR) for exterior renovations. The building includes several unique features including a below grade structured parking garage with 24 spaces, storage, and elevator service with frontage on both South Henry Street and Prince Street. The property is currently leased to Virginia Tech but will convey as vacant at the time of sale. This Property is well positioned for a potential residential conversion to for sale condominiums or rental apartments which is permitted under the current Zoning Classification. The physical layout of the building, on-site parking, premier location, combined with the strength of the condominium sales market in Old Town Alexandria with recent condominium sales comps exceeding $900 per SF, offers a unique exit opportunity with significant return on investment. There is also an opportunity to convert the building to rental apartments which would command rents in the $4.00+ per SF range.

Date on Market:

2025-11-19

Washington Land for Sale - Shaw

The site currently consists of a mid-20th-century commercial building with a surface parking lot, spanning approximately 8,057 square feet of land and zoned MU-5B, which supports mixed-use development. The property is fully entitled for a new 6 story with a cellar, 40-unit multifamily condominium project totaling roughly 32,000 sellable square feet. The proposed development, designed by Square 134 Architects, includes a diverse unit mix, studios, one-, two-, and three-bedroom layouts, and has received key approvals from both the Historic Preservation Review Board HPRB) and via a Map Amendment.

Property Subtype:

Commercial

Date on Market:

2025-10-07

Cheverly Land for Sale - Landover/Largo/Captl Hts

5600 Columbia Park Road presents a well-positioned opportunity in Prince George’s County with immediate access to the Washington, D.C. metro area. The property sits on a secured and fenced 3.67-acre lot, offering flexible storage yard space along with on-site electricity. With the county serving as a vital gateway between Maryland and the broader D.C. region, the location benefits from one of the nation’s highest population densities, at over 11,000 people per square mile. Suitable for owner-users, investors, or tenants, this asset combines strategic accessibility with versatile utility for a variety of users.

Property Subtype:

Industrial

Date on Market:

2025-09-23

Washington Office for Sale - East End

Tours by appointment only, please call or text James Connelly or Edward Flenner. This rarely available Elegant Commercial Office Mansion and Compound boasts 3 Attached and Connected Classic Brownstones (level interior). Recently, the neighboring building, just west of the subject property which was formerly owned by the Carnegie Institute for Science with a Grand Reception Hall and 400+ seat Auditorium was sold to a high-profile foreign Government. This Government, one of America’s closest global allies, decided to purchase the property due to the location with its adjacency to Embassy Row and White House and State Department proximity. There are 16 parking spaces included with the Property. The Building has Conference Facilities as well as efficient executive and staff, intern type office areas and open spaces. Property provides for efficient office space in an excellent location for non-profit and diplomatic occupancy.

Date on Market:

2022-09-08

Washington Multifamily for Sale - Northeast

6 Unit Apartment Complex located in the rapidly growing Deanwood Neighborhood. Many units are in solid condition, with the owner recently renovating one of them. One-bedroom units in this neighborhood have the potential to generate $1,326+ per month through the DC Housing Choice Voucher (Section 8) program. This is a value-add multifamily property with units in various conditions. The owner pays for water/sewer, heating gas, and common area electric. Tenants pay for cooking gas, in-unit electricity, Wi-Fi, cable, etc. General monthly expenses have a low run rate, supporting strong income potential: Trash – $200/month, Water – $350/month, Gas/Heat – $90–$500 (varies seasonally), Insurance – $416/month 4208 Foote Street NE is located directly off Benning Road NE onto Minnesota Avenue and is positioned near several transformative redevelopment projects, local retail and grocery stores, and transportation. The property is conveniently located between two Metro stops: Minnesota Avenue Metro Station, which is just a 2-minute walk from the property, and Deanwood Metro Station, which is approximately a 15-minute walk away. The Deanwood Metro Station is set to undergo a major redevelopment, where the Washington Metropolitan Area Transit Authority (WMATA) has selected a development team to transform the underutilized parking lot into a transit-oriented mixed-use project. Plans include 169 residential units, ground-floor retail and services, and community amenities such as a teen tech center. This property is also in close proximity to the much-anticipated new stand-alone Deanwood Library, a $27.6M civic investment being developed as part of the Metro joint development project, expected to serve as a long-term community anchor. Most notably, this property is located approximately 1.8 miles from the future RFK Stadium redevelopment site. The stadium is set to transform areas east of the Anacostia River and adjacent neighborhoods like Deanwood, which are primed for significant economic impact — promising for any long-term buy-and-hold investor. Owner occupies two units, and an additional two units are tenant-occupied at $850 and $960 per month. The property will be delivered with four vacant units. This is subject to change depending on the contract date. Excellent opportunity to own small multifamily property in the nation’s capital and benefit from potential tax advantages, depreciation, cash flow, and long-term appreciation. Bring your best offer. Schedule your showing today!

Property Subtype:

Apartment

Date on Market:

2026-03-02

Silver Spring Retail for Sale

Two stories totaling 8,705 square feet, including 5,705 square feet of retail space and 4 apartments totaling 3,000 square feet on the 2nd floor. A large parking lot with 35 spaces. Room for 2 retail tenants - a restaurant and a dry cleaner. Ideal for a charter school, small business or association.

Property Subtype:

Freestanding

Date on Market:

2013-08-21