### Marcus & Millichap Brokers Sale of 1340 21st St. NW in Washington, D.C.
Marcus & Millichap has successfully completed the sale of **1340 21st St. NW**, a 10-unit apartment building in Washington, D.C., for **$3.8 million**, equating to **$380,000 per unit**.
“Our team executed a highly competitive marketing process, generating multiple offers while successfully navigating D.C.’s TOPA requirements,” said **Lorenzo Wooten, Jr., CCIM**, First Vice President Investments at Marcus & Millichap. “This transaction underscores our ability to create win-win outcomes for both sellers and buyers in D.C.’s dynamic multifamily market.”
Wooten, along with **Jacob Krens**, investment specialist in Marcus & Millichap’s Washington D.C. office, had the exclusive listing to market the property on behalf of the seller, **O Street Corporation**.
### Prime Location & Investment Appeal
Built in **1910**, the three-story property offers a mix of **studio, one-bedroom, and two-bedroom units**. Located just **one block from Dupont Circle** and **two blocks from the Metro**, the building benefits from strong rental demand, a competitive investment market, and long-term value appreciation in one of D.C.’s most sought-after neighborhoods.
