228 E Capitol St NE - Apartments FOR SALE


Washington, DC 20003- Capitol Hill
$5,000,000 USD
202-263-9200
228 E Capitol St NE, Washington, DC for Sale
$5,000,000 USD
Apartments - FOR SALE
1/29
null | Request Cap Rate

228 E Capitol St NE
Washington, DC 20003
Capitol Hill


OVERVIEW

Positioned on the coveted 200 block of East Capitol Street, just steps from the Supreme Court and the grounds of the U.S. Capitol, this exceptional property presents a rare opportunity to acquire a historically significant asset in one of Washington’s most prestigious and strategically located corridors. With origins believed to date to the pre–Civil War era, the building stands among Capitol Hill’s earliest surviving structures—offering a distinctive blend of architectural heritage and modern-day potential. Spanning nearly 4,500 square feet, the property is currently configured as two units, providing immediate flexibility for a range of commercial or institutional uses. The existing layout—featuring a lower-level two-bedroom, two-bathroom unit and an expansive upper-level residence with eight bedrooms and four bathrooms—lends itself seamlessly to conversion into office suites, meeting spaces, or a unified headquarters environment. This property is exceptionally well-suited for organizations seeking a prominent Capitol Hill presence, including law firms, consulting groups, nonprofit organizations, associations, think tanks, or diplomatic and policy-focused entities. Its scale allows for private offices, conference rooms, collaborative workspaces, and executive areas, while maintaining the character and distinction of a historic setting. Renderings are available illustrating the potential transformation into a refined office or group-use environment, providing a clear vision for repositioning the asset to meet modern operational needs. Architectural details such as hardwood floors, two fireplaces, and preserved period elements—including substantial masonry and original proportions—create a unique and elevated atmosphere rarely found in traditional office inventory. A circular staircase leading to the roof offers the potential for additional breakout or amenity space, while the rear parking pad accommodating four or more vehicles provides a critical convenience for staff and visitors alike. Surrounded by some of the nation’s most influential institutions—including the Supreme Court, Library of Congress, and the U.S. Capitol—this location offers unmatched proximity to the center of government and policy. East Capitol Street is widely regarded as one of Washington’s most prominent and ceremonial avenues, long associated with leadership, influence, and historic prestige. Combining irreplaceable location, significant scale, and adaptive reuse potential, this property represents a compelling opportunity for an owner-user, investor, or institution seeking to establish a presence in one of Washington’s most iconic and historically rich settings.

FOR SALE DETAILS

PRICE

$5,000,000 USD

PRICE/SF

$1,188 USD /SF

# OF UNITS

2

PRICE/UNIT

$2,500,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY TYPE

Multi-Family

PROPERTY SUBTYPE

Apartments

ADD'L SUBTYPES

Office/Residential, Dormitory

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1900

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.06 AC

LAND SF

2,827 SF

ZONING

RF-3

APN/PARCEL ID

0759-0047

ASK ABOUT THIS PROPERTY

Brent JacksonTTR Sotheby's International RealtyMore Info
202-263-9200

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Brent JacksonTTR Sotheby's International RealtyMore Info
202-263-9200

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.