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Residential Land in Washington, DC
For Sale
$849,999

707 OTIS NW, Washington, DC 20010

Land available for residential development in Washington, DC.

Property Size1,862 SF
Lot Size0.05 Acres
Days on Market330

Property Features for 707 OTIS NW

General Information

Standard status Active
Size 1,862 SF
Lot size 0.05 Acres
Property subtype Other

Site & Location

Neighborhood University Heights

Taxes and HOA fees

Annual Taxes $5,629

Building Details

Building Size 1,862 SF
Year Built 1920
Listed By: Jianrong Yin
Source: Elliman
Added: Dec 3, 2025 Changed: Oct 26 Last Checked: Oct 28 at 9:34AM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Jianrong Yin

Rey
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Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This property consists of residential land located in Washington, DC. The owner is planning to obtain a permit for two units, each featuring four bedrooms and three bathrooms.

Key Highlights

  • Potential to obtain permits for two 4‑bedroom, 3‑bathroom units.
  • Opportunity for development or expansion.
  • Existing structure built in 1920.

Property Analytics

Who owns this building? See the owner, sales and loan history
Open Analytics

Suggested Use

Top Pick Law Firm (Bike/Boat/Book/etc) Store Big Box & Wholesale Store Auto Parts Store Electrical Service HVAC Service

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

1,239
Businesses Nearby

Demographics for 20010, DC

32,663
Population
15,917
Households
2.1
Avg Household Size
33
Median Age
67%
College-Educated
87%
High-School Grad
1.0 sq mi
ZIP Area
32,663
Density / Sq Mi
$110,260
Median Household Income
$81,834
Median Earnings
$1,815
Median Rent
$868,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Frequently Asked Questions

What type of property is this?
Residential land & home lot - Land available for residential development in Washington, DC.
Where is this residential land & home lot located?
The property is located at 707 OTIS NW Washington, DC.
What is the asking price?
The asking price for this property is $849,999.
What are key features of this property?
This property features: Potential to obtain permits for two 4‑bedroom, 3‑bathroom units.; Opportunity for development or expansion.; Existing structure built in 1920.
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