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523 KENNEDY STREET NW
Washington, DC 20011
FOR
SALE
·
Active
$745,000
0.06
Acres
1923
Yr. Built
MLS# DCDC2217886
Cumulative Days on Market: 537
· Includes prior listings
· Currently listed since 08/29/25 · Data provided by the MLS.
Property Description
Opportunity Zone. MU-4 zoned rehab property to be delivered with stamped plans and approved permits for 7-unit buildout in Petworth on the hot Kennedy Street Corridor. Perfect for condo conversion. Approved plans are for buildout of a 5-level luxury building plus penthouse, as follows: (4) 1BR / 1BA, (1) 2-level 1BR / 2BA with Den and loft, (1) 2-level 2BR / 2BA and (1) 2-level 3BR / 2.5BA. This asset is located in an Opportunity Zone with lots of development in the area and is eligible for significant federal tax benefits for redevelopment investors. The architectural plans are available upon request.
Property Highlights
Property Type
Residential
Property Sub Type
Townhouse
Architectural Style
Colonial
Living Area
1,580
Price / Sqft
$472
Acres
0.06
Year Built
1923
Cumulative Days on Market
537
Location
City/Township
WASHINGTON
Subdivision
PETWORTH
County
WASHINGTON-DC
Zoning
MU-4
Zoning Description
Mixed-Use (MU) zones provide for mixed-use developments for a broad range of commercial, institutional, and multiple dwellings.
Property Details
Price
$745,000
Property Type
Residential
Property Sub Type
Townhouse
Building
Levels
2
Interior Features
Rooms and Basement
Has Basement
Yes
Basement Features
Unfinished
Area and Spaces
Living Area
1,580
Above Grade Finished Area
1,080 Sqft
Below Grade Finished Area
500 Sqft
Interior Features
Accessibility Features
None
Heating and Cooling
Heating Features
None
Building Details
Construction
Architectural Style
Colonial
Year Built
1923
Foundations
Other
Structure Design Type
Interior Row/Townhouse
Materials
Construction Materials
Brick
Terms
Terms
Ownership
Fee Simple
Cumulative Days on Market
537
Taxes
Tax
Tax (Annual)
$30,386
Heating, Cooling & Utilities
Cooling Features
None
Utilities
Sewer
Public Sewer
Water Source
Public
Lot
Acres
0.06
Lot Size Area Sq Ft
2,565
Exterior Features
Exterior Features
Other
Listed by Equilibrium Realty, LLC
Listing Data last updated 11/04/2026 05:00 am
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Property History
Today
Property information last updated
104 days ago
Date of last price change
431 days ago
Status Active. This is the most recent date the listing was placed on market.
Cumulative Days on Market: 537 days (includes prior listings)
· Currently listed since August 29, 2025. Data provided by the MLS.
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Listed by Equilibrium Realty, LLC, Shanu T Okwesa