531 Kennedy St NW #2

Washington, DC 20011

$375,000

Property Highlights

  • 2021 New Construction
  • 2 Bed 2 Bath Layout
  • Petworth NW Location
  • HOA Covers Water Trash
  • Reserve Fund Included
  • Near Georgia Ave Transit
MLS ID
DCDC2021746
Parking
Year Built
2021
HOA Fee

Property Details

Price: $375,000

2 Bed

2 Bath

770 Sq Ft

Year Built: 2021

Price: $375,000

2 Bed

2 Bath

770 Sq Ft

Year Built: 2021

Executive Summary

Built in 2021, this two-bedroom, two-bath residence at 531 Kennedy Street NW offers 770 square feet of thoughtfully arranged living space in the Petworth neighborhood of NW Washington. The building’s HOA covers water, trash, insurance, common area maintenance, and reserve funds — a meaningful value in a newer construction setting. The Kennedy Street corridor has seen sustained reinvestment, and the residence sits within reach of Georgia Avenue’s transit connections and commercial activity. At $375,000, this is a competitively positioned entry into a well-established NW submarket.

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531 Kennedy St NW #2 — Petworth, Washington DC

New Construction Condo in the Heart of Petworth NW

The residence at 531 Kennedy Street NW, Unit 2, is a 2021-built two-bedroom, two-bath condo offering 770 square feet in the Petworth neighborhood of NW Washington. Newer construction in this price range is relatively uncommon in the District, making the building’s age a meaningful differentiator for buyers who prioritize modern systems and finishes without the overhead of a large building.

The Kennedy Street corridor connects directly to Georgia Avenue, one of NW DC’s primary commercial and transit spines. Local cafes, neighborhood groceries, and parks are accessible on foot, and the area’s transit options provide straightforward access to downtown DC and beyond.

The HOA structure here is comprehensive for a smaller building: water, trash, insurance, common area maintenance, and reserve funds are all included in the monthly fee. For buyers comparing carrying costs across properties, this coverage simplifies the financial picture considerably.

A Wardman team member represented the buyer in this transaction, bringing focused advisory support to a competitive segment of the NW DC condo market.

The Residence
Built in 2021, the residence delivers two bedrooms and two full baths across 770 square feet. Newer construction at this price point is a relatively rare find in NW DC, and the building’s age means buyers inherit modern systems, finishes, and building envelope standards rather than deferred maintenance concerns.
Kennedy Street Location
Kennedy Street NW sits at the center of Petworth’s commercial and residential activity. Georgia Avenue is within easy reach, providing access to transit, dining, and everyday retail. The surrounding blocks are predominantly residential, with the commercial corridor a short walk away.
HOA Structure
The monthly HOA fee covers water, trash, insurance, common area maintenance, and reserve funds. This level of inclusion is notable in a smaller building and allows buyers to model carrying costs with greater confidence than properties where utilities and reserves are billed separately.
Buyer Representation
A Wardman team member guided the buyer through this transaction, providing comparable sales analysis and advisory support specific to the Petworth condo submarket. The team’s familiarity with NW DC’s newer construction inventory was central to the buyer’s decision-making process.

Residence at a Glance

  • 2 Bedrooms / 2 Full Baths
  • 770 Square Feet
  • Built 2021
  • Petworth NW Washington DC
  • HOA: Water Trash Insurance Reserves
  • Priced at $375,000
Reach out for details
Information believed accurate but not guaranteed. Buyers should independently verify all material facts including HOA fees and building documents.
Property Features — 531 Kennedy St NW #2

Contemporary Layout in a 2021-Built NW Condo

The residence combines a practical two-bedroom, two-bath configuration with the advantages of newer construction — modern systems, updated finishes, and a building envelope built to current standards. At 770 square feet, the layout is efficient without sacrificing the separation that two full baths and two distinct bedrooms provide.

Interior and Layout

  • 770 square feet of interior living space
  • Two bedrooms with distinct separation
  • Two full bathrooms
  • Built in 2021 to current construction standards
  • Modern systems and finishes throughout

Kitchen

  • Contemporary kitchen consistent with 2021 construction
  • Finishes and fixtures reflecting current building standards
  • Open or semi-open layout typical of newer DC condo construction

Primary Suite

  • Primary bedroom with dedicated full bath
  • Layout provides privacy from secondary bedroom
  • Sizing consistent with 770-square-foot two-bedroom configuration

Outdoor Space

  • Outdoor space details not confirmed in available data
  • Building common areas maintained through HOA

What Sets This Apart

  • 2021 construction is rare at this price point in NW DC
  • Two full baths in a 770-square-foot layout is an efficient use of space
  • HOA covers water, trash, insurance, and reserve funds
  • Petworth location provides walkable access to Georgia Avenue transit
  • Competitively priced for newer construction in the NW submarket
Discuss this residence
Information believed accurate but not guaranteed; buyers should independently verify all material facts and HOA documents.

Neighborhood & Lifestyle

Life Within Reach

A snapshot of everyday conveniences, destinations and experiences just moments from your door.   

Neighborhood & Lifestyle

Life Within Reach

A snapshot of everyday conveniences, destinations and experiences just moments from your door.   

Transit Access
  • Georgia Avenue bus corridor within walking distance
  • Green and Yellow Line Metro stations accessible to the south
  • Connections to downtown DC via Georgia Ave transit spine
Dining and Coffee
  • Kennedy Street dining and cafe options nearby
  • Georgia Avenue commercial corridor with local restaurants
  • Neighborhood coffee shops within walking distance
Groceries and Retail
  • Neighborhood grocery options along Georgia Avenue
  • Local retail accessible on foot from Kennedy Street
  • Everyday services within the immediate corridor
Parks and Recreation
  • Neighborhood parks within the Petworth grid
  • Rock Creek Park accessible from the broader NW area
  • Recreational amenities along the Georgia Avenue corridor

Property Location

About 531 Kennedy St NW #2

The residence at 531 Kennedy Street NW, Unit 2, was built in 2021 and offers two bedrooms and two full baths within 770 square feet. The building’s newer construction date is a practical advantage: buyers inherit contemporary systems, updated building codes, and finishes that do not require near-term capital investment. For a condo at this price point in NW DC, the combination of age and layout is well-positioned.

Petworth is one of NW Washington’s more established residential neighborhoods, anchored by Georgia Avenue and bounded by a grid of tree-lined blocks. Kennedy Street itself functions as a neighborhood connector, linking Georgia Avenue’s commercial activity to the quieter residential streets to the east and west. Local cafes, neighborhood markets, and parks are accessible on foot from this address.

Day-to-day life at this address centers on walkable access to Kennedy Street and Georgia Avenue’s mix of dining, retail, and services. The Georgia Avenue corridor provides bus connections and proximity to the Green and Yellow Line Metro stations to the south. For residents who commute into downtown DC or travel frequently, the transit infrastructure along this spine is a practical asset.

A Wardman team member and the Wardman Residential team at Compass have worked extensively with buyers navigating the NW DC condo market, including newer construction inventory in Petworth and along the Georgia Avenue corridor. We bring comparable sales data, building-level due diligence, and submarket context to every buyer engagement in this segment. If you are considering a similar residence in Petworth or the broader NW DC market, reach out — we would be glad to share our perspective and recent transaction data.

Frequently Asked Questions About This Property

Key details about the residence, building, and location to help you evaluate this opportunity.

The monthly HOA fee covers common area maintenance, insurance, reserve funds, trash, and water. For a newer building, this is a comprehensive inclusion that simplifies the monthly cost picture for buyers. Prospective purchasers should request the current fee schedule and reserve fund study during due diligence.
The building was completed in 2021, making it among the newer residential construction in the Petworth submarket. Newer construction typically means current building systems, updated electrical and plumbing, and finishes that do not require near-term capital investment. Buyers should review the building’s warranty documentation and any remaining builder coverage.
Parking details were not confirmed in the available property data. Prospective buyers should inquire directly about dedicated parking, street parking availability on Kennedy Street NW, and any parking options associated with the building or HOA.
The Georgia Avenue corridor, accessible from Kennedy Street, provides bus service and proximity to the Green and Yellow Line Metro stations to the south. This transit spine connects residents to downtown DC and other parts of the city with reasonable frequency. Buyers who rely on public transit should verify specific route and frequency details with WMATA.
The residence is located in Petworth, one of NW Washington’s established residential neighborhoods. Petworth is anchored by Georgia Avenue and characterized by a mix of row houses, smaller multifamily buildings, and a growing commercial corridor along Kennedy Street and Georgia Avenue.
At $375,000 for a 2021-built two-bedroom, two-bath condo in Petworth NW, the residence is competitively positioned relative to newer construction inventory in the submarket. A Wardman team member can provide recent comparable sales and active listings to give buyers a clear picture of where this property sits in the current market.
Outdoor space details specific to Unit 2 were not confirmed in the available property data. Buyers should inquire about private outdoor space, building common areas, and any shared amenities during the showing and due diligence process.
A Wardman team member and the Wardman Residential team at Compass work regularly with buyers in the Petworth and broader NW DC condo market. The team provides comparable sales analysis, building-level due diligence support, and submarket advisory specific to newer construction inventory. Reach out to discuss current availability and how the team can support your search.

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Charles Cornell, Realtor

Charles Cornell