#DCDC2170472, James L Bell, Listing Office: TTR Sotheby's International Realty
1771 T St NW Washington, DC 20009
Property details
About 1771 T St NW
Investment Opportunity: 1771 & 1769 T Street NW, Washington, D.C. Must purchase together since adjoined Now available together, 1771 and 1769 T Street NW offer a rare and lucrative investment opportunity in one of Washington, D.C.'s most desirable neighborhoods. These two classic brick buildings boast a combined 5,434 sq ft of versatile living space, providing a mix of income-generating units with significant potential for creative reconfiguration. The properties include a spacious 3-bedroom penthouse unit that adjoins both buildings, allowing for a variety of possibilities, whether for high-end rental income or future redevelopment. The diverse layouts across the buildings include: - 2 Studio units** - 1 One-bedroom unit** - 1 One-bedroom + den** - 2 Two-bedroom floor plans** - 1 Three-bedroom penthouse unit** Discover an exceptional investment opportunity at 1771 & 1776 T St NW, a well-situated multi-unit property in one of D.C.’s most sought-after neighborhoods—Dupont Circle. Nestled just steps away from trendy shops, top-rated restaurants, and vibrant city life, this highly desirable location offers both strong rental demand and long-term appreciation potential. Currently generating an impressive $276,000 in annual rental income (including parking revenue), this property is a turnkey investment with only two vacancies—allowing for immediate cash flow. The income is further enhanced by four dedicated parking spaces, each renting for $300 per month, providing an additional $1,200 monthly to the revenue stream. For those looking to maximize value, explore the potential to convert this property into a luxury single-family row home, where comparable properties are commanding prices starting in the $4M+ range. Whether you’re an investor seeking steady rental income or a developer envisioning a high-end residential transformation, this property presents an unmatched opportunity in a premier location. Don’t miss your chance to own a prime asset in Dupont Circle—schedule your private tour today!
Highlights
(ACTIVE)
Summary
- MLS Number: DCDC2175818
- MLS Name: BRIGHT
- Office Name: United Real Estate
- Office Phone: (703) 665-3544
- Office Email: zhanneta@unitedrealestate.com
- Listing Agent: Angie Lundy
- Agent Phone: (571) 268-7977
- Agent Email: angielundy@gmail.com
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Last updated on: 3/10/2025, 12:55:51 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$5,900,000
1771 T St NW
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Price information
Property sales
Date | Event | Price |
---|---|---|
Aug 17, 2020 | Home Sold | $1,350,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $1,796,890 | $15,341 |
2022 | $1,774,110 | $15,079 |
2021 | $1,795,350 | $15,260 |
2020 | $1,747,140 | $14,850 |
2019 | $1,695,070 | $14,408 |
2018 | $1,659,150 | $14,102 |
2017 | $1,571,350 | $13,356 |
History based on county public records data.
Nearby schools
7
Marie Reed Elementary School
Public District EE-5
0.2 mi
•2201 18th St NW
7
Ross Elementary School
Public District EE-5
0.3 mi
•1730 R St NW
4
H. D. Cooke Elementary School
Public District EE-5
0.6 mi
•2525 17th St NW
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $104,713. Most Washington, DC residents have annual incomes between $35k-100k. Most families are single, no kids. The most common level of education of people living in this area is post secondary degree.
Similar homes for sale
This home is located at 1771 T St NW in Washington, DC and zip code 20009 in the Northwest neighborhood. This 3,758 square foot home, which was built in 1905, sits on a 0.04 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since January 24, 2025 and is currently priced at $5,900,000.
Washington, DC housing market in February 2025 saw over 93 listings sold above listed price, more than 106 sold at listed price and over 203 sold below. The number of homes for sale in Washington, DC increased by 17% between January and February 2025. The median list price of listings available in February 2025 was $676,408, while the average time on the real estate market was 51 days.