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Historic Three-Unit Carriage Houses
For Sale
$1,600,000

308-312 Millers Ct NE, Washington, DC 20002

Two-story historic residences support furnished corporate housing or conventional multifamily use.

Property SizeContact for details
Days on Market109

Property Features for 308-312 Millers Ct NE

General Information

Standard status Active
Property subtype Multifamily

Additional Details

Cap Rate 8.85%
Multifamily Units 3

Amenities

Irreplaceable Capitol Hill location steps from the U.S. Capitol & Supreme Court
TOPA-Free structure provides enhanced execution certainty
Rare carriage house product type with limited competitive supp
Turnkey, fully furnished asset with immediate income continuity
Premium ADR-driven income significantly outpaces traditional rents
Proven corporate housing model with established demand
Functional two-story layout maximizes revenue per unit
Multiple leasing strategies provide flexibility and risk mitigation

Building Details

Stories 2
Units 3
Listing Agency: Washington, D.C. Office
Listed By: John Slowinski · License #License(s): MD: 5002965, DC: SP200205349
Source: Marcusmillichap
Added: May 14 Changed: Aug 30 Last Checked: Aug 30 at 1:13PM

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 Washington, D.C. Office

Investment Insights

Based on property information with market context.

This triplex consists of three historic, two-story carriage houses configured for residential income use. The property currently operates under a corporate housing model with furnished rentals, while the existing layout also supports continued multifamily use or conversion to traditional residential leasing.

The asset is located in Capitol Hill, just off East Capitol Street, with the U.S. Capitol, Supreme Court, and Library of Congress nearby. Its address is 308-312 Millers Court NE in Washington, DC.

Key Highlights

  • Three‑unit residential income property comprising historic carriage houses
  • Two‑story configuration across the carriage house residences
  • Current furnished corporate housing operation

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Nursing Home Tattoo & Piercing Shop Clothing & Fashion Store Big Box & Wholesale Store

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

5,466
Businesses Nearby

Demographics for 20002, DC

69,422
Population
38,459
Households
1.8
Avg Household Size
33
Median Age
70%
College-Educated
95%
High-School Grad
5.1 sq mi
ZIP Area
13,612
Density / Sq Mi
$114,482
Median Household Income
$82,909
Median Earnings
$2,140
Median Rent
$813,700
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Two-story historic residences support furnished corporate housing or conventional multifamily use.
Where is this triplex located?
The property is located at 308-312 Millers Ct NE Washington, DC.
What is the asking price?
The asking price for this property is $1,600,000.
What are key features of this property?
This property features: Three‑unit residential income property comprising historic carriage houses; Two‑story configuration across the carriage house residences; Current furnished corporate housing operation
More about this property
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