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Renovated Apartment Building
For Sale
Contact for pricing
Pending

320 Constitution Ave NE, Washington, DC 20002

Sixteen-unit property with updated building systems, separately metered residences, and a blend of studios and one-bedroom apartments.

Property Size16,570 SF
Days on Market286

Property Features for 320 Constitution Ave NE

General Information

Standard status Pending
Size 16,570 SF
Class C
Property subtype Multifamily
Investment Type Stabilized

Units

Unit Mix 6 x 1BR, 10 x studio
Multifamily Units 16

Additional Details

Public Transit Yes

Amenities

hardwood floors
dedicated cooling system
shared laundry facility

Building Details

Year Built 1918
Year Renovated 2021
Buildings 1
Units 16
Listing Agency: Marcus & Millichap - Washington, D.C.
Listed By: Lorenzo Wooten, Jr. CCIM · License #MD 629911
Source: Crexi
Added: Nov 18, 2025 Changed: Aug 29 Last Checked: Aug 29 at 6:49PM

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 Marcus & Millichap - Washington, D.C.

Investment Insights

Based on property information with market context.

Built in 1918, this 16-unit apartment building includes six one-bedroom residences and ten studios. Fifteen units have received cosmetic improvements, while capital updates include windows, chillers, a water heater, boiler, and water treatment units. Each apartment is separately metered and includes hardwood flooring, dedicated cooling, and access to shared laundry facilities.

The property is located at 320 Constitution Avenue NE in Washington, D.C.'s Capitol Hill area, six blocks from the U.S. Capitol and Senate office buildings. Judiciary Square and L’Enfant Plaza Metro stations are within walking distance, and Union Station, Eastern Market, the H Street corridor, Smithsonian museums, the National Mall, and the U.S. Botanic Garden are identified as nearby destinations. The current tenant base is market-rate, with a stated cap rate above 6.00%.

Key Highlights

  • 16‑unit apartment building with six one‑bedroom units and ten studio units
  • Fifteen of 16 apartments received cosmetic upgrades
  • Updated windows, chillers, water heater, boiler, and water treatment units

Property Analytics

Current Use

Apartment buildings

Suggested Use

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

16
Residential units

Location Intelligence

Trade Area within ½ mile

6,416
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?
Apartment building - Sixteen-unit property with updated building systems, separately metered residences, and a blend of studios and one-bedroom apartments.
Where is this apartment building located?
The property is located at 320 Constitution Ave NE Washington, DC.
What are key features of this property?
This property features: 16‑unit apartment building with six one‑bedroom units and ten studio units; Fifteen of 16 apartments received cosmetic upgrades; Updated windows, chillers, water heater, boiler, and water treatment units
(202) 536-3742 Call to check price and availability
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