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.
For sale
Price cut: $150K (7/23)
$745,000
523 Kennedy St NW, Washington, DC 20011
0beds
0baths
1,580sqft
Townhouse
Built in 1923
2,565 Square Feet Lot
$738,400 Zestimate®
$472/sqft
$-- HOA
What's special
- 355 days |
- 26 |
- 1 |
Zillow last checked:
Listing updated:
Listed by:
Shanu Okwesa 202-788-6049,
Equilibrium Realty, LLC
Source: Bright MLS,MLS#: DCDC2217886
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 0
- Bathrooms: 0
Basement
- Area: 540
Heating
- None
Cooling
- None
Features
- Basement: Unfinished
- Has fireplace: No
Interior area
- Total structure area: 1,620
- Total interior livable area: 1,580 sqft
- Finished area above ground: 1,080
- Finished area below ground: 500
Property
Parking
- Parking features: Driveway
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Exterior features: Other
- Pool features: None
Lot
- Size: 2,565 Square Feet
- Features: Unknown Soil Type
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 3207//0028
- Zoning: MU-4
- Zoning description: Mixed-Use (MU) zones provide for mixed-use developments for a broad range of commercial, institutional, and multiple dwellings.
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Colonial
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Other
Condition
- New construction: No
- Year built: 1923
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Petworth
HOA
- Has HOA: No
Location
- Region: Washington
Financial & listing details
- Price per square foot: $472/sqft
- Tax assessed value: $606,360
- Annual tax amount: $30,386
- Date on market: 8/29/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA 203(b),FHA 203(k),Negotiable,Private Financing Available
- Ownership: Fee Simple
Estimated market value
$738,400
$701,000 - $775,000
$3,538/mo
Price history
| Date | Event | Price |
|---|---|---|
| 7/23/2026 | Price change | $745,000-16.8%$472/sqft |
Source:  Bright MLS #DCDC2217886 Report a problem | ||
| 5/14/2026 | Price change | $895,000-10.1%$566/sqft |
Source: Bright MLS #DCDC2217886 Report a problem | ||
| 8/29/2025 | Listed for sale | $995,000+48.5%$630/sqft |
Source: Bright MLS #DCDC2217886 Report a problem | ||
| 2/23/2021 | Listing removed | -- |
Source: Owner Report a problem | ||
| 8/27/2020 | Listing removed | $3,000$2/sqft |
Source: Owner Report a problem | ||
| 8/13/2020 | Listed for rent | $3,000$2/sqft |
Source: Owner Report a problem | ||
| 10/5/2018 | Sold | $670,000+3250%$424/sqft |
Source: Public Record Report a problem | ||
| 1/24/2018 | Listing removed | $20,000$13/sqft |
Source: Alex Cooper Auctioneers, Inc. #1004391099 Report a problem | ||
| 1/3/2018 | Listed for sale | $20,000-93.3%$13/sqft |
Source: Alex Cooper Auctioneers, Inc. #1004391099 Report a problem | ||
| 2/27/2014 | Sold | $300,000$190/sqft |
Source: Public Record Report a problem | ||
| 9/10/2013 | Listing removed | $300,000$190/sqft |
Source: Long & Foster Real Estate #DC8173747 Report a problem | ||
| 9/5/2013 | Listed for sale | $300,000+1.4%$190/sqft |
Source: Long & Foster Real Estate #DC8173747 Report a problem | ||
| 3/28/2008 | Sold | $296,000+19.8%$187/sqft |
Source: Public Record Report a problem | ||
| 10/22/2002 | Sold | $247,000+104.1%$156/sqft |
Source: Public Record Report a problem | ||
| 7/11/2002 | Sold | $121,000-21.9%$77/sqft |
Source: Public Record Report a problem | ||
| 8/21/2001 | Sold | $155,000+110.9%$98/sqft |
Source: Public Record Report a problem | ||
| 8/9/2000 | Sold | $73,500-14.6%$47/sqft |
Source: Public Record Report a problem | ||
| 1/10/1994 | Sold | $86,100$54/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $60,636 +99.6% | $606,360 -0.2% |
| 2024 | $30,386 +2.1% | $607,710 +2.1% |
| 2023 | $29,768 +12.2% | $595,350 +12.2% |
| 2022 | $26,526 +512.9% | $530,510 +4.2% |
| 2021 | $4,328 -82.1% | $509,140 +5.1% |
| 2020 | $24,217 -64.7% | $484,340 +13.9% |
| 2018 | $68,586 +757.2% | $425,240 +15% |
| 2017 | $8,001 +204.2% | $369,750 +9.7% |
| 2016 | $2,630 -19.2% | $337,000 -12% |
| 2015 | $3,255 -64.3% | $382,900 +22.8% |
| 2014 | $9,119 +1.9% | $311,770 +1.9% |
| 2013 | $8,952 -44.1% | $306,060 -4.4% |
| 2012 | $16,002 | $320,030 |
| 2011 | $16,002 +518.5% | $320,030 -13.9% |
| 2010 | $2,587 -14.8% | $371,850 -12.5% |
| 2009 | $3,038 +60.4% | $424,900 +24% |
| 2007 | $1,894 +5.2% | $342,570 +34% |
| 2006 | $1,800 -7.7% | $255,670 +6.1% |
| 2005 | $1,949 +0.5% | $241,060 +0.4% |
| 2004 | $1,939 +323.5% | $240,000 +208.9% |
| 2003 | $458 -38.6% | $77,700 |
| 2002 | $746 -16.5% | $77,700 |
| 2001 | $894 | $77,700 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
Explore the cost of this home by adjusting the details. Changes won't be saved.Climate risks
Neighborhood: Brightwood Park
Nearby schools
GreatSchools rating
- 6/10Truesdell Education CampusGrades: PK-5Distance: 1 mi
- 7/10MacFarland Middle SchoolGrades: 6-8Distance: 1 mi
- 4/10Roosevelt High School @ MacFarlandGrades: 9-12Distance: 1 mi
Schools provided by the listing agent
- District: District Of Columbia Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.
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