1324 N North Capitol St Nw Washington, DC 20002

Building Details

Year Built

2024

Listing office CAPITAL RESIDENTIAL PROPERTIES n***@capital-residential.com Show Phone

Listing date Jun 2, 2025

Source Corcoran

Displayed information is deemed reliable but is not guaranteed and should be independently verified.

All listing content including descriptions, pricing, images are the copyrighted material of CAPITAL RESIDENTIAL PROPERTIES

Report an issue

---

Investment Insights

Based on property information with market context.

The property at 1324 North Capitol Street NW is a newly constructed 67-unit luxury multi-family building, completed in 2024. It is currently operating as a fully furnished, high-performing short-term rental under the “Reside, a Wyndham Residence” brand. Zoned MU-5A, the property can be transferred as a fully stabilized asset or vacant. TOPA does not apply. This asset offers maximum optionality in terms of future use, including continued hospitality use under Wyndham (or other Short-Term Rental operator), a traditional multi-family property, a corporate housing asset (includes all FFE), or conversion and sale as luxury condominiums. The property conveys turnkey with condo-level finishes, fully furnished units (FFE included), and rental revenue, all of which provide a built-in cash flow. This asset is ideal for a family office investment, institutional buyers, 1031 exchange investors, and foreign capital seeking proven results in a Washington DC location, flexibility of use, and long-term upside.

Key Highlights

• Newly constructed (2024) 67‑unit luxury multi‑family building.
• Currently operating as a high‑performing, fully furnished short‑term rental under the "Reside, a Wyndham Residence" brand, providing built‑in cash flow.
• Offers maximum optionality for future use: hospitality, multi‑family, corporate housing, or luxury condominiums.

Property Analytics

Property Profile Location Intelligence

Similar For Sale Nearby

• 

  $1,580,000

  3,500 SF

  Columbia Heights Mixed-Use Investment

  Mixed-use property with retail and residential units in DC.

  1500 OGDEN Street NW, WASHINGTON, DC 20010

  View Details
• 

  $1,950,000

  3,000 SF

  Turnkey Mixed-Use Redevelopment Opportunity

  Freestanding commercial building with thriving business in growing DC corridor.

  1201 MOUNT OLIVET Road NE, WASHINGTON, DC 20002

  View Details
• 

  $2,300,000

  1,761 SF

  Prime Retail Opportunity in Washington

  Commercial property in active retail corridor, ideal for owner-user.

  1434 WISCONSIN Avenue NW, WASHINGTON, DC 20007

  View Details
• 

  $1,975,000

  3,665 SF

  Three-Unit Townhouse with Rooftop Deck

  Three separate residences in a townhouse layout, anchored by a top-level owner space with rooftop deck and private off-street parking.

  1768 WILLARD Street NW, WASHINGTON, DC 20009

  View Details
• 

  $869,000

  3,244 SF

  Fully Occupied Quadplex Investment

  Quadplex with four fully occupied units and architectural drawings available for possible future condo conversion.

  1729 TRINIDAD Avenue NE, WASHINGTON, DC 20002

  View Details
• 

  $799,000

  5,854 SF

  Six-Unit Multifamily Building with RA-1

  Nearly vacant six-unit building offers a functional unit mix and RA-1 zoning for permitted reconfiguration.

  356 RALEIGH Street SE, WASHINGTON, DC 20032

  View Details
• 

  $1,200,000

  Office Condominium with Parking

  Professional office unit with private parking, multiple offices and conference rooms, and immediate occupancy in DC.

  3232 GEORGIA Avenue NW, WASHINGTON, DC 20010

  View Details
• 

  $859,888

  3,480 SF

  Four-Unit Multifamily Building

  Vacant four-unit brick-front property with dens in each unit, offering flexibility for future bedroom configurations.

  2823 4TH Street NE, WASHINGTON, DC 20002

  View Details
• 

  $1,199,000

  3,497 SF

  Multifamily Property with Independent Entrances

  Legally configured two-unit building offering three distinct living spaces with independent entrances and rooftop solar included.

  760 LAMONT Street NW, WASHINGTON, DC 20010

  View Details
• 

  $560,000

  2,730 SF

  Multi-Unit Residential Income Property

  Well-maintained multi-unit property near a vacant lot offers flexibility for investors or first-time buyers.

  1107 48TH Place NE, WASHINGTON, DC 20019

  View Details
• 

  $1,175,000

  3,376 SF

  Fully Renovated 4-Unit Multifamily

  Turnkey four-unit building with fully renovated 3-bedroom layouts and in-unit laundry, offering flexible occupancy options.

  1250 QUEEN Street NE, WASHINGTON, DC 20002

  View Details
• 

  $995,000

  2,508 SF

  Four-Unit Building in Carver Langston

  Income-producing four-unit building with redevelopment potential in a dynamic neighborhood.

  928 19TH Street NE, WASHINGTON, DC 20002

  View Details

FAQs

What type of property is this?

Apartment building - Newly constructed, fully furnished 67-unit building with flexible usage options.

Where is this apartment building located?

The property is located at 1324 N North Capitol St Nw Washington, DC.

What is the asking price?

The asking price for this property is $27,500,000.

What are key features of this property?

This property features: Newly constructed (2024) 67‑unit luxury multi‑family building.; Currently operating as a high‑performing, fully furnished short‑term rental under the "Reside, a Wyndham Residence" brand, providing built‑in cash flow.; Offers maximum optionality for future use: hospitality, multi‑family, corporate housing, or luxury condominiums.