MLS: #DCDC2217886, Listed By: Shanu Okwesa, Equilibrium Realty, LLC, Source:Bright MLS
523 Kennedy Street
WASHINGTON, DC 20011
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Bed
0
Bath
1,580Sqft
0.06Acre(Lot)
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 Details
Map
Map
What's Nearby
Nearby Areas
Features
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Room Information
Has Basement: Yes Basement: Unfinished -
Heating & Cooling
Heating: None Cooling: None
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Building Information
Year Built: 1923 Building Area Total: 1620 Construction Materials: Brick Pool Features: None Private Pool: No -
Exterior Features
Exterior Features: Other
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Lot Information
Lot Size Acres: 0.06 Lot Size Source: Assessor Lot Size Square Feet: 2565Property Information
Subdivision: PETWORTH Source Property Type: Residential Postal Code Plus 4: 3131 Zoning Description: Mixed-Use (MU) zones provide for mixed-use developments for a broad range of commercial, institutional, and multiple dwellings. Property SubType: Townhouse Levels: Two Property Age: 103
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Listing Price Information
Listing Price: $895000
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Tax Information
Parcel Number: 3207//0028 Tax Lot: 28 Tax Year: 2024 Annual Tax: $30386
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Parking Information
Driveway
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Location Information
Direction: 5th and Kennedy Northwest WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 5916 8th Street, Washington, DC, 20011 | $575,000 | 3 | 3 | 1,416 | 1,416 SqFt |
| 739 Kennedy Street, Washington, DC, 20011 | $739,900 | 4 | 3 | 1,800 | 1,800 SqFt |
| 500 Hamilton Street, Washington, DC, 20011 | $400,000 | 3 | 1 | 1,692 | 1,692 SqFt |
| 5707 Chillum Place, Washington, DC, 20011 | $400,000 | 2 | 2 | 1,188 | 1,188 SqFt |
| 245 Nicholson Street, Washington, DC, 20011 | $484,900 | 3 | 2 | 990 | 990 SqFt |
| 38 Sheridan Street, Washington, DC, 20011 | $349,500 | -- | 1 | 1,088 | 1,088 SqFt |
| 222 Upshur Street, Washington, DC, 20011 | $599,000 | 4 | 3 | 3,500 | 3,500 SqFt |
| 5623 Kansas Avenue, Washington, DC, 20011 | $814,900 | 4 | 4 | 2,168 | 2,168 SqFt |
| 4021 Illinois Avenue, Washington, DC, 20011 | $501,600 | 3 | 3 | 2,069 | 2,069 SqFt |
| 455 Delafield Place, Washington, DC, 20011 | $625,000 | 4 | 2 | 1,356 | 1,356 SqFt |
Similar Townhouse To 523 Kennedy Street
Nearby For Sale
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ByOwner last updated this listing 06/17/2026 @ 01:11
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