Property Management in Washington DC: Living in Tenleytown
This article is part of a series on the neighborhoods of Washington, D.C. This article profiles Tenleytown’s demographics, features, and attractions. It can help you determine how to target tenants most interested in the neighborhood, as well as how to market your property’s location and strengths. If you are looking for professional property management, the background information can be a starting point for evaluating a company’s neighborhood knowledge and how effectively they will market your property.
Facts and Figures
Only 17 percent of Tenleytown’s homes are renter-occupied, versus 79 percent that is owner-occupied. Households have an average of three residents, and 27 percent have children. The annual residential turnover in the neighborhood is 15 percent, and residents stay in the neighborhood for a median of 4 years.
A historic neighborhood in D.C., Tenleytown, includes the city’s highest natural point. American University is close to the area, and many students choose to live in Tenleytown. Tenley Circle forms a major part of the neighborhood, at the intersection of Nebraska Avenue, Wisconsin Avenue, and Yuma Street. The neighborhood appeals to various groups of tenants, including students, young professionals, families, and older couples. The ease of access to public transportation, as well as the proximity to an assortment of retail and commercial establishments, make Tenleytown a great place to live.
The dining and nightlife selections in Tenleytown include Guapo’s Restaurant, Masala Art, Murasaki Japanese Restaurant, Tanad Thai Cuisine, Café Ole, and Cava Mezze Grill, among others. The neighborhood boasts several retail chain stores, such as Whole Foods, Starbucks, The Container Store, and Best Buy. The Tenleytown Heritage Trail also passes by numerous attractions in the neighborhood.
Tenants are be drawn to Tenleytown’s walkability and the availability of multiple public transportation options. The Tenleytown Metro station is on the Red Line, and Metrobus routes 30N, 30S, 31, 33, 37, D32, H2, H3, H4, M4, N2, W45, and W47 serve the area. In addition, the American University Shuttle stops in the neighborhood. Capital Bikeshare provides bike share programs in the area, and car shares are available through Zipcar, RelayRides, and Hertz On Demand. WalkScore.com has designated the Tenleytown neighborhood as a “Walker’s Paradise” with a Walk Score of 91, a Transit Score of 70, and a Bike Score of 65, each out of 100 points.
Unique Neighborhood Events
The American University Farmers’ Market is close to the area and is located at the Quad on the American University campus. It is held on Wednesdays, between 11 am and 4 pm, from August to November.
The Tenleytown Block Party, a community event with a variety of exciting activities, is held each September at the corner of River Road and Wisconsin Avenue. If you would like to learn more, you can check out the calendar of The City Church, which organizes the event.