3213 Wisconsin Ave NW - Apartments FOR SALE


Washington, DC 20016- Cleveland Park
$2,590,000 USD
202-221-8426
3213 Wisconsin Ave NW, Washington, DC for Sale
$2,590,000 USD
Apartments - FOR SALE
1/7
null | Request Cap Rate

3213 Wisconsin Ave NW
Washington, DC 20016
Cleveland Park


HIGHLIGHTS

  • Prestigious Cleveland Park Location
  • Steps From Top-Tier Neighborhood Retail & Amenities
  • Short-Term Tenant Tenure Allows for Near-Term Value Creation
  • Zoning and Redevelopment Optionality (RA-4)
  • New Gas Boiler
  • Separate Metered Utility

OVERVIEW

Horvath & Tremblay is pleased to present for sale for the first time in over 68 years, 3213 Wisconsin Avenue NW, a 14-unit apartment building located in the heart of Cleveland Park, one of Washington, DC’s most established and coveted residential neighborhoods. Positioned directly along the prestigious Wisconsin Avenue NW Corridor and across from the iconic Washington National Cathedral, the property offers investors a rare opportunity to acquire a boutique multifamily asset in a blue-chip, high barrier-to-entry submarket. The building totals approximately 9,659 square feet across two stories plus a basement and is comprised of fourteen (14) one-bedroom/one-bathroom units. Long recognized for its stability, affluent demographics, and enduring demand drivers, Cleveland Park continues to outperform broader DC multifamily fundamentals due to its proximity to elite schools, high-quality retail, renowned institutions, and exceptional transit connectivity. With its irreplaceable location, rental submarket supply constraints, short average tenant tenure, favorable utility structure, and under-$3 million pricing, 3213 Wisconsin Avenue NW represents an accessible investment with scale poised for both near-term income and long-term value appreciation. Zoning flexibility and surplus density under RA-4 also provide additional “optionality” for a future owner seeking expansion or redevelopment potential. In summary, 3213 Wisconsin Avenue NW combines stable in-place operations with strategic upside opportunities—an increasingly scarce profile in one of DC’s most sought-after neighborhoods.

FOR SALE DETAILS

PRICE

$2,590,000 USD

PRICE/SF

$210 USD /SF

# OF UNITS

14

PRICE/UNIT

$185,000

CAP RATE

Request Cap Rate

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

3213 Wisconsin

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Low-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

3

YEAR BUILT

1926

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.1 AC

LAND SF

4,269 SF

ZONING

RA-4

APN/PARCEL ID

1921-0009

ASK ABOUT THIS PROPERTY

Dennis CravediHorvath & TremblayMore Info
202-221-8426

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Dennis CravediHorvath & TremblayMore Info
202-221-8426

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