1340 OTIS PLACE, Washington, DC 20010

$1,375,000 Asking Price

6 beds
4 baths
2,652  sqft
Built in 1910

A Rare Opportunity in 11th Street Heights – Assumable 2.25% VA Loan for ALL QUALIFIED BUYERS, EVEN THOSE WITHOUT VA ELIGIBILITY + 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 TO ALL QUALIFIED BUYERS, even those that are not Veterans! 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 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) **Attend the Sunday March 9 2-4pm Open House to learn more from the Listing Agent**

Features & Amenities

Interior

General:
Ceiling Fan(s)
Rooms:
Living Room,Dining Room,Primary Bedroom,Bedroom 2,Bedroom 3,Bedroom 5,Kitchen,Family Room,Laundry,Office,Bedroom 6,Primary Bathroom,Full Bath,Half Bath
Appliances:
Built-In Microwave,Dryer,Washer,Dishwasher,Disposal,Refrigerator,Icemaker,Stove
Laundry:
Has Laundry,Lower Floor,Upper Floor,Washer In Unit,Dryer In Unit
Basement:
Walkout Stairs,English,Front Entrance,Fully Finished,Outside Entrance,Rear Entrance,Windows
A/C:
Central A/C
Heating:
Y, Hot Water, Natural Gas,Electric
Fireplace:
Gas/Propane, Fireplace, Fireplaces: 1
Disability Feature:
None

Exterior

General:
Roof Deck,Sidewalks,Extensive Hardscape, Above Grade,Below Grade
Style:
Contemporary,Transitional
Parking:
Concrete Driveway,Fenced,Private,Secure Parking

Construction

General:
Brick, 4

Location

Originating MLS:
BRIGHT_MAIN
School District:
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
County:
WASHINGTON

Lot

Zoning:
RES, 2835//0120
Current Use:
0

Utilities

Water:
Public
Sewer:
Public Sewer

Financial

Source:
BRIGHT_MAIN

This listing courtesy of:
Compass, Laura M Sacher

About Washington, DC

Housing

Number of Units
355,879
Median Home Value
$676,049
Median Rent
$1,533

59.41% of housing units are renter occupied.

10.61% are vacant.

Commute

Car
26.04%
Public Transportation
22.45%
Walk to Work
9.05%
Work from Home
38.64%
Other
0.89%

The median travel time to work is 21 minutes.

People

Population
676,761
Median Age
35.60
Median Household Size
2.29

Education

High School
15.71%
Associate’s Degree
2.77%
Bachelor’s Degree
26.24%
Graduate Degree
36.17%

Disclaimer: Community and Demographic information uses data from the U.S. Census Bureau but is not endorsed or certified by the Census Bureau.

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