1340 Otis Place NW Unit 302 Washington, DC 20010
Columbia Heights NeighborhoodEstimated payment $8,467/month
Highlights
- Rooftop Deck
- 1 Fireplace
- Patio
- Traditional Architecture
- Porch
- 5-minute walk to 11th and Monroe Street Park
About This Home
A Rare Opportunity in 11th Street Heights – Assumable 2.25% VA Loan ALL QUALIFIED BUYERS - even those without VA Eligibility - plus 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 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 ***AVAILABLE EVEN FOR BUYERS WITHOUT VA ELIGIBILITY!*** 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: Full renovation in 2016 New roof (2019) EV charging off the back deck Roll-up garage door with keypad & remote accessWith 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. Cross listed as Residential property MLS DCDC2183852.**Come by the open house Sun Mar 9 2-4pm to learn more from the Listing Agent**
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,521
Year Built
- Built in 1910 | Remodeled in 2016
Lot Details
- 1,850 Sq Ft Lot
- Extensive Hardscape
- Property is in very good condition
Home Design
- Duplex
- Traditional Architecture
- Bump-Outs
- Brick Exterior Construction
- Slab Foundation
Interior Spaces
- Ceiling Fan
- 1 Fireplace
- Finished Basement
- Walk-Up Access
- Alarm System
Kitchen
- Stove
- Built-In Microwave
- Ice Maker
- Dishwasher
- Disposal
Laundry
- Dryer
- Washer
Parking
- 2 Parking Spaces
- 2 Off-Street Spaces
- Private Parking
- Alley Access
- Paved Parking
- On-Street Parking
- Secure Parking
- Fenced Parking
Outdoor Features
- Rooftop Deck
- Patio
- Porch
Schools
- Raymond Elementary School
- Macfarland Middle School
- Roosevelt High School At Macfarland
Utilities
- Central Air
- Hot Water Heating System
- Electric Water Heater
Listing and Financial Details
- Tax Lot 120
- Assessor Parcel Number 2835//0120
Community Details
Overview
- 2 Units
- 4-Story Building
Building Details
- 2 Vacant Units
Map
Home Values in the Area
Average Home Value in this Area
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2024 | $9,521 | $1,310,500 | $489,920 | $820,580 |
| 2023 | $8,679 | $1,309,610 | $486,120 | $823,490 |
| 2022 | $7,935 | $1,012,220 | $459,950 | $552,270 |
| 2021 | $7,739 | $986,820 | $453,140 | $533,680 |
| 2020 | $7,473 | $954,900 | $449,510 | $505,390 |
| 2019 | $7,483 | $955,240 | $426,410 | $528,830 |
| 2018 | $7,270 | $928,700 | $0 | $0 |
| 2017 | $6,968 | $892,170 | $0 | $0 |
| 2016 | $4,397 | $517,290 | $0 | $0 |
| 2015 | $3,989 | $469,250 | $0 | $0 |
| 2014 | $2,667 | $380,130 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 03/12/2025 03/12/25 | Pending | -- | -- | -- |
| 03/12/2025 03/12/25 | Pending | -- | -- | -- |
| 03/07/2025 03/07/25 | For Sale | $1,375,000 | 0.0% | $518 / Sq Ft |
| 03/07/2025 03/07/25 | For Sale | $1,375,000 | -6.7% | $518 / Sq Ft |
| 04/07/2021 04/07/21 | Sold | $1,473,000 | +13.3% | $553 / Sq Ft |
| 03/08/2021 03/08/21 | Pending | -- | -- | -- |
| 03/04/2021 03/04/21 | For Sale | $1,300,000 | +115.9% | $488 / Sq Ft |
| 02/28/2014 02/28/14 | Sold | $602,000 | +20.6% | $442 / Sq Ft |
| 12/19/2013 12/19/13 | Pending | -- | -- | -- |
| 12/16/2013 12/16/13 | For Sale | $499,000 | -- | $366 / Sq Ft |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Special Warranty Deed | $1,473,000 | None Available | |
| Special Warranty Deed | -- | None Available | |
| Warranty Deed | $602,000 | -- | |
| Deed | $138,500 | -- |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Open | $1,006,902 | VA | |
| Previous Owner | $164,000 | Credit Line Revolving | |
| Previous Owner | $104,000 | Credit Line Revolving | |
| Previous Owner | $802,000 | Adjustable Rate Mortgage/ARM | |
| Previous Owner | $88,900 | Credit Line Revolving | |
| Previous Owner | $805,600 | New Conventional | |
| Previous Owner | $814,788 | FHA | |
| Previous Owner | $133,000 | FHA |
Source: Bright MLS
MLS Number: DCDC2188284
APN: 2835-0120
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