1340 T St NW Washington, DC 20009
U Street NeighborhoodEstimated payment $9,273/month
Highlights
- Wood Flooring
- High Ceiling
- Forced Air Heating and Cooling System
- Victorian Architecture
About This Home
NEW PRICE! **Incredible Investment Opportunity in the Heart of DC – ARTS 3 ZONING!**
Presenting an exceptional investment opportunity at 1340 T St. NW in the highly coveted 14th St/Restaurant Row/U St. area of Washington, DC. This extra large end-of-row home offers the perfect blend of prime location, great potential, and endless possibilities for both owner-occupants and investors alike.
This charming two-unit home is situated just steps from the vibrant 14th St. NW corridor, known for its eclectic mix of trendy restaurants, cafes, and boutique shops, making it one of DC's most sought-after location for renters and future buyers. With two spacious, two-level units, each offering 2 bedrooms and 1 bathroom, this property spans an impressive 1,432 sq. ft. per unit (total property sf is 2864 per tax record and floor plan)– ideal for a variety of living arrangements. Live in one, rent the other, etc.
**A Dream for Investors:**
This property is a standout for developers, thanks to its Arts 3 DC zoning, which provides the potential for a wide range of redevelopment opportunities. Whether you're looking to capitalize on the growing demand for housing or expand the property into a multi-unit building, this zoning offers flexibility for both residential and mixed-use projects. Investors will appreciate the potential for significant returns in a neighborhood that is continuously appreciating in value.
**Why Invest in 1340 T St. NW:**
- **Location, Location, Location:** You can't get more hip and happening than 14th St./Restaurant Row, which is a dynamic and rapidly appreciating neighborhood. This area is home to some of DC's most popular dining and nightlife options, making it an in-demand spot for renters and future homeowners alike.
- **Transit-Oriented:** Convenient access to multiple Metro stations and bus lines means easy commutes to downtown DC and beyond. This adds even more value for potential tenants or future buyers.
- **Rental Demand:** The growing demand for rental properties in this neighborhood makes it an ideal spot for investors seeking steady cash flow.
- **Rising Property Values:** As one of the most desirable areas in Washington, DC, this location has seen impressive growth in property values, w/ likely future appreciation for those who invest now.
**Outdoor Space & Parking**
The property also has parking for one car and ample space via the outside patio area.
Don’t miss out on this incredible opportunity to own a piece of DC in one of the city’s most sought-after locations. With its combination of a prime location, zoning flexibility, and great potential, 1340 T St. NW is a must-see for developers and/or owner occupants looking to make a smart move in today’s competitive market.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $10,809
Year Built
- Built in 1910
Lot Details
- 1,269 Sq Ft Lot
- Property is in good condition
Home Design
- Duplex
- Victorian Architecture
- Brick Exterior Construction
Interior Spaces
- High Ceiling
- Wood Flooring
Parking
- 1 Parking Space
- 1 Off-Street Space
- Paved Parking
Utilities
- Forced Air Heating and Cooling System
- Natural Gas Water Heater
Community Details
- 2 Units
Listing and Financial Details
- Tax Lot 91
- Assessor Parcel Number 0238//0091
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 | $10,809 | $1,358,730 | $684,090 | $674,640 |
| 2023 | $7,978 | $1,335,470 | $680,340 | $655,130 |
| 2022 | $5,265 | $1,317,420 | $672,850 | $644,570 |
| 2021 | $5,053 | $1,288,470 | $664,460 | $624,010 |
| 2020 | $4,815 | $1,238,220 | $663,040 | $575,180 |
| 2019 | $4,589 | $1,205,400 | $628,310 | $577,090 |
| 2018 | $8,754 | $1,173,020 | $0 | $0 |
| 2017 | $3,983 | $1,110,580 | $0 | $0 |
| 2016 | $3,623 | $968,010 | $0 | $0 |
| 2015 | $3,295 | $854,540 | $0 | $0 |
| 2014 | $3,001 | $776,240 | $0 | $0 |
Property History
| Date | Event | Price | Change | Sq Ft Price |
|---|---|---|---|---|
| 04/09/2025 04/09/25 | Price Changed | $1,499,999 | 0.0% | $524 / Sq Ft |
| 04/09/2025 04/09/25 | Price Changed | $1,499,999 | -11.5% | $524 / Sq Ft |
| 03/18/2025 03/18/25 | For Sale | $1,695,000 | 0.0% | $592 / Sq Ft |
| 03/18/2025 03/18/25 | For Sale | $1,695,000 | 0.0% | $592 / Sq Ft |
| 07/01/2018 07/01/18 | Rented | $2,750 | 0.0% | -- |
| 07/01/2018 07/01/18 | Under Contract | -- | -- | -- |
| 06/15/2018 06/15/18 | For Rent | $2,750 | -- | -- |
Deed History
| Date | Type | Sale Price | Title Company |
|---|---|---|---|
| Deed | -- | None Listed On Document |
Mortgage History
| Date | Status | Loan Amount | Loan Type |
|---|---|---|---|
| Previous Owner | $250,000 | Credit Line Revolving | |
| Previous Owner | $250,000 | New Conventional |
Source: Bright MLS
MLS Number: DCDC2184998
APN: 0238-0091
Disclaimer: Certain information contained herein is derived from information provided by parties other than Homes.com. All information provided is deemed reliable, but is not guaranteed to be accurate and should be independently verified.
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement.
Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site.
The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing.
Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale.
Property information displayed is deemed reliable but is not guaranteed.
Copyright 2025 Bright MLS, Inc.
- 1349 Wallach Place NW
- 1415 Swann St NW Unit 1413R
- 1816 13th St NW
- 1420 T St NW Unit 2
- 1815 13th St NW Unit 2
- 1427 S St NW
- 1227 S St NW
- 1812 12th St NW
- 1390 V St NW Unit 303
- 1390 V St NW Unit 309
- 1390 V St NW Unit 413
- 2015 13th St NW Unit 3
- 2015 13th St NW Unit 2
- 1319 R St NW Unit 2100
- 1319 R St NW Unit 2101
- 1401 R St NW Unit 304
- 1401 R St NW Unit 406
- 1311 R St NW
- 1419 R St NW Unit 33
- 1309 R St NW Unit 1