409 Constitution Ave NE - Multi-Family FOR SALE


Washington, DC 20002- Capitol Hill
$2,375,000 USD
202-258-5316
409 Constitution Ave NE, Washington, DC for Sale
$2,375,000 USD
Multi-Family - FOR SALE
1/39
null | 5.94% Cap Rate

409 Constitution Ave NE
Washington, DC 20002
Capitol Hill


HIGHLIGHTS

  • U.S. Capitol location in one of finest urban settings in the Country. Only Steps to U.S. Capitol, Metro, Eastern Market and all Capitol Hill offers!
  • Stunning apartments with open floor plan, gourmet kitchens, sunlit, fireplace, hrdwd flrs, custom features with access to outer decks and large yard
  • Perfect long term investment vehicle for investor looking for long term growth, appreciation, income growth, stable tenancy

OVERVIEW

Positioned in one of Washington, D.C.’s most sought-after neighborhoods, this exceptional 4-unit property offers a rare blend of location, quality, and strong income potential. Just steps from the U.S. Capitol, Metro access, Eastern Market, and the vibrant dining and shopping scene of Capitol Hill, this asset is perfectly situated for consistent tenant demand. The building features three spacious two-bedroom units and one well-appointed one-bedroom apartment, collectively generating over $14,200 in monthly rental income with low operating costs—a compelling addition to any investment portfolio. Each unit showcases high-end finishes and thoughtful design, including open-concept floorplans, gourmet kitchens with marble breakfast bars, custom cabinetry, generous bedroom sizes, in-unit washer and dryer, central HVAC, and ample storage. Private outdoor sundecks further enhance tenant appeal, while the option to offer units furnished presents an opportunity to increase rental income even further. Can be delivered VACANT. Set on an intriguing 2,040 sq ft lot, this property also offers added flexibility—whether for outdoor enjoyment, creative enhancements, or future value-add potential. A turnkey investment in an unbeatable location—ideal for investors seeking strong cash flow and long-term appreciation.

FOR SALE DETAILS

PRICE

$2,375,000 USD

PRICE/SF

$800 USD /SF

# OF UNITS

4

PRICE/UNIT

$593,750

CAP RATE

5.94%

% LEASED

50%

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

Capital Suites

PROPERTY TYPE

Multi-Family

TOTAL BUILDING SIZE

-

STORIES

4

YEAR BUILT

1883

PARKING SPACES

-

LAND DETAILS

LAND ACRES

0.5 AC

LAND SF

21,780 SF

ZONING

RF-1/CAP

APN/PARCEL ID

0815-0052

ASK ABOUT THIS PROPERTY

Chuck BurgerColdwell BankerMore Info
202-258-5316

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Chuck BurgerColdwell BankerMore Info
202-258-5316

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