$1,275,000
UNDER CONTRACT

Estimated payment $7,882/month

Total Views 12,433
-- Bed
-- Bath
2,864 Sq Ft
$445 Price per Sq Ft

Highlights

  • Wood Flooring
  • High Ceiling
  • Forced Air Heating and Cooling System
  • Victorian Architecture

About This Home

MAJOR PRICE ADJUSTMENT!
**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.

Listing Agent

Randy LiVorsi

Compass License #SP98376883 Listed on: 03/18/2025

Compass

Co-Listing Agent

Brandon Warner

Compass

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

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,809

Year Built

Built in 1910

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Duplex
  • Structure Type: End Of Row/Townhouse
  • Architectural Style: Victorian
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 3/18/2025 12:00:00 AM
  • Year Built: 1910
  • Automatically Close On Close Date: No
  • Remarks Public: MAJOR PRICE ADJUSTMENT! **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.
  • Special Features: UnderContract

Interior Features

  • Flooring Type: Hardwood
  • Fireplace: No
  • Wall Ceiling Types: High
  • Foundation Details: Other
  • Total Sq Ft: 2864
  • Living Area Sq Ft: 2864
  • Price Per Sq Ft: 593.58
  • Above Grade Finished Sq Ft: 2148
  • Below Grade Finished Sq Ft: 716
  • Total Below Grade Sq Ft: 716
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 1340

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Parking Features: Paved Parking
  • Total Garage And Parking Spaces: 1
  • Type Of Parking: Off Street
  • Off Street Parking Spaces: 1

Utilities

  • Central Air Conditioning: Yes
  • Cooling Fuel: Electric
  • Cooling Type: Central A/C
  • Heating Fuel: Natural Gas
  • Heating Type: Forced Air
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Schools

  • School District: DISTRICT OF COLUMBIA PUBLIC SCHOOLS
  • School District Key: 121140357950
  • School District Source: Listing Agent

Lot Info

  • Lot Size Acres: 0.03
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 1269.00
  • Property Condition: Good
  • Soil Types: Unknown
  • Year Assessed: 2024
  • Zoning: ARTS-3
  • Zoning Description: Permits medium density mixed-use development.
  • In City Limits: Yes

Rental Info

  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 10809.00
  • Assessor Parcel Number: 0238//0091
  • Tax Lot: 91
  • Tax Total Finished Sq Ft: 2498
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Map

Range of Values:

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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
07/10/2025 07/10/25 Price Changed $1,275,000 -15.0% $445 / 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
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 -- --
Source: Bright MLS

Purchase History

Date Type Sale Price Title Company
Deed -- None Listed On Document
Source: Public Records

Mortgage History

Date Status Loan Amount Loan Type
Previous Owner $250,000 Credit Line Revolving
Previous Owner $250,000 New Conventional
Source: Public Records

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Source: Bright MLS

MLS Number: DCDC2184998

Bright MLS

APN: 0238 0091