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Investment Highlights

  • Capitol Hill Historic District
  • Convenient access to Metro

Executive Summary

Ideally located in the heart of Capitol Hill, 323 Maryland Avenue NE presents a rare opportunity to acquire a nearly 4,500 square foot residential building comprised of six separately titled condominium units. The unit mix includes four one-bedroom residences and two studio apartments, offering a flexible and well-balanced configuration for investors.

Offered for sale as one complete building, the property is a contributing structure within the Capitol Hill Historic District, with its exterior preserved in accordance with historic guidelines while allowing for thoughtful updates within. Originally constructed circa 1900, the building reflects the late 19th-century architecture that defines the character of the neighborhood.

The three-story plus basement masonry structure is built of red pressed brick, a hallmark of high-quality construction of the era, and retains its classic vertical proportions, large windows, and decorative cornices influenced by Italianate and Queen Anne design.

Historically, homes on this block were occupied by professionals connected to the nearby U.S. Capitol, a legacy that continues today given the property’s exceptional location just moments from the Capitol, Supreme Court, and House and Senate Office Buildings. Just a few blocks from Union Station, the property also offers convenient access to Metro, shopping, dining, and regional transportation.

A compelling combination of scale, historic character, and premier location, 323 Maryland Avenue NE represents a unique opportunity to own a significant Capitol Hill asset.

Attachments

floorplan

Property Facts

Price $2,395,000
Price Per Unit $342,143
Sale Type Investment
No. Units 7
Property Type Multifamily
Property Subtype Apartment
Building Class C
Lot Size 0.01 AC
Building Size 4,420 SF
No. Stories 4
Year Built 1900
Zoning RF1

Unit Mix Information

Description No. Units Avg. Rent/Mo SF
1+1 1 - 360
1+1 1 - 485
1+1 1 - 640
1+1 1 - 440
1+1 1 - 645
1+1 1 - 500
1+1 1 - 605
Exceptionally walkable
90/100
Moderately drivable
70/100
Exceptional public transit
90/100
Very bikeable
80/100

Property Taxes

Property Taxes

Parcel Numbers
Multiple
  • 0784-2007
  • 0784-2008
  • 0784-2009
  • 0784-2010
  • 0784-2006
  • 0784-2011
Land Assessment
$590,310
Improvements Assessment
$1,972,350
Total Assessment
$2,562,660
  • Listing ID: 40059176

  • Date on Market: 4/7/2026

  • Last Updated:

  • Address: 323 Maryland Ave NE, Washington, DC 20002

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