312-330-7300
317 Kennedy St NW, Washington, DC for Sale
Apartments - FOR SALE
1/24
null | 7% Cap Rate

317 Kennedy St NW
Washington, DC 20011
Brightwood Park


HIGHLIGHTS

  • 2025-Built Multifamily Asset – Modern, five-story, elevator-served construction
  • 24 Residential Units – 20 one-bedroom and 4 two-bedroom residences
  • Strong Revenue Potential – Approximately $744,000 annual residential GPR
  • Limited Near-Term CapEx – New construction and modern building systems
  • Northwest D.C. Location – Positioned along the Kennedy Street corridor in Brightwood Park, with convenient access to Petworth, Fort Totten

OVERVIEW

Noble Group is pleased to present 313–317 Kennedy Street NW, a newly constructed 24-unit multifamily investment opportunity located along the Kennedy Street corridor in Washington, D.C.’s Brightwood Park neighborhood. Built in 2025, the property is a five-story, elevator-served multifamily building comprising approximately 20,758 SF of Gross Building Area (GBA). The residences feature modern kitchens, stainless steel appliances, dishwashers, microwaves, refrigerators, garbage disposals, in-unit washers and dryers, electric heating, and contemporary finishes. The property’s 2025 construction, elevator access, and modern building systems provide investors with a turnkey multifamily asset designed for today’s rental market while limiting near-term capital expenditure requirements. At stabilization, the property is projected to generate approximately $744,000 in annual residential Gross Potential Rent (GPR), plus approximately $18,000 in parking income, for approximately $762,000 in total potential gross income. The property is strategically positioned along the Kennedy Street NW corridor, with convenient access to Georgia Avenue NW, Petworth, Fort Totten, Takoma, Rock Creek Park, and Downtown Washington, D.C. The surrounding area offers neighborhood retail, restaurants, cafés, parks, and everyday services, while nearby transportation corridors and public transit provide connectivity to major employment and activity centers throughout the District. 313–317 Kennedy Street NW offers investors a compelling combination of 2025 construction, elevator-served accessibility, strong projected rental income, modern unit finishes, limited near-term capital requirements, and long-term growth potential in an evolving Northwest Washington, D.C. multifamily submarket.

FOR SALE DETAILS

PRICE

Request Info for Price

# OF UNITS

24

CAP RATE

7%

% LEASED

-

SALE TYPE

Investment

BUILDING DETAILS

PROPERTY NAME

313-317 Kennedy St NW, Washington, DC 20011

PROPERTY TYPE

Multi-Family

APARTMENT STYLE

Mid-Rise

PROPERTY SUBTYPE

Apartments

TOTAL BUILDING SIZE

-

STORIES

5

YEAR BUILT

2025

PARKING SPACES

5

LAND DETAILS

LAND ACRES

0.13 AC

LAND SF

5,663 SF

ZONING

-

APN/PARCEL ID

3295-0806

ASK ABOUT THIS PROPERTY

Serif Soydan, Ph.D.eXp RealtyMore Info
312-330-7300

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Serif Soydan, Ph.D.eXp RealtyMore Info
312-330-7300

By clicking the button, you agree to Showcase's Terms of Use and Privacy Notice.