1340 OTIS PLACE NW, WASHINGTON, DC 20010

$1,375,000

A Rare Opportunity in 11th Street Heights - Assumable 2.25% VA Loan + Legal Rental Unit! Welcome to 1340 Otis St NW, a thoughtfully renovated four-level duplex nestled in the 11th Street Heights neighborhood. This tree-lined street offers the perfect blend of residential charm and urban convenience, just a short… Read More stroll to 14th Street, two Metros, and some of the best dining and shopping in the city. What also sets this home apart is the assumable 2.25% VA loan, a game-changing opportunity *for Eligible VA buyers.* With an ultra-low monthly payment of $4,818.43 (including taxes and insurance), this is a chance to secure exceptional financing while investing in a home that pays dividends. The lower-level two-bedroom unit, with a separate certificate of occupancy, offers immediate rental income potential - whether as a long-term lease or an Airbnb rental, this space is primed to offset your mortgage and maximize your investment. The main home features an expansive chef's kitchen with marble counters, a 6-burner Thermador gas range, and oversized island with built-in seating. The multiple airy living and dining areas include a fireplace, bay window, and custom built-ins, while a half bath completes the main level. Upstairs, the primary suite is a true retreat, offering a sitting room/nursery or office space (separated by pocket doors), a walk-in closet with an Elfa storage system, and a spa-like bath with dual vanities and marble shower. Two additional bedrooms, a beautifully finished hall bath with deep soaking tub, and a convenient laundry closet round out this level. A spiral staircase leads to an incredible loft space on the 4th level, ideal for a family room or media room. Vaulted ceilings, skylights, a wet bar with a wine fridge, and a 275 square foot Trex rooftop deck make this an unbeatable space for relaxing or hosting gatherings. A newly installed water line makes rooftop gardening a breeze. The fully separate lower-level apartment boasts front and rear entrances, two bedrooms, a full kitchen with granite counters, and a luxurious bathroom. This space is complete with its own W/D and independent utilities - perfect for tenants, in-laws, or guests. Additional features include: 2714; Full renovation in 2016 2714; New roof (2019) 2714; EV charging off the back deck 2714; Roll-up garage door with keypad & remote access With a 92 Walk Score that makes daily errands a breeze, this home places you moments from 14th Street, Mount Pleasant, Rock Creek Park, and some of the city's best local spots. Don't miss this rare blend of prime location, modern finishes, and unbeatable financial opportunity. (Also listed as a Multi-Family Property MLS DCDC2188284) Read Less

Courtesy of Laura Sacher, Compass, [email protected].

Listing Snapshot

Days Online

Last Updated

Mar 9, 2025

Property Type

Townhouse

Beds

Full Baths

Partial Baths

Square Ft.

2,652

Lot Size

0.04 Acres

Year Built

1910

MLS Number

DCDC2183852

30 Days Snapshot Of 20010

$836k

+4%

(avg) sold price

+100%

homes sold

+32%

(avg) days on market

Snapshot

Area Map

Additional Details

Appliances & Equipment

Built-In Microwave, Dryer, Washer, Dishwasher, Disposal, Refrigerator, Icemaker, Stove

Basement

Walkout Stairs, English, Front Entrance, Fully Finished, Outside Entrance, Rear Entrance, Windows

Building

2,652 sqft living area, 1,892 sqft above grade (finished), 760 sqft below grade (finished), Built in 1910, Major renovation in 2016, Structure Type: Interior Row/Townhouse, 4 levels, Contemporary, Transitional, Brick

Cooling

Central Air, Electric, Central A/C

Exterior Features

Roof Deck, Sidewalks, Extensive Hardscape

Fireplaces

1 fireplace, Gas/Propane

Heating

Natural Gas, Electric, Hot Water

Interior Features

Ceiling Fan(s)

Laundry

Has Laundry, Lower Floor, Upper Floor, Washer In Unit, Dryer In Unit

Lot

1,850 sqft, 0.04 acres

Parking

Concrete Driveway, Fenced, Private, Secure Parking

Property

Other Structures: Above Grade, Below Grade, Outdoor Living Structures: Porch(es), Deck(s), Soil Types: Unknown

Sewer

Public Sewer

Taxes

City/Town Tax: $9,521, City/Town Tax Pymnt Freq: Annually, Tax Annual Amount: $9,521, Tax Year: 2024

Utilities

Hot Water: Electric

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