Residences at Market Square Condos For Sale

Located at 701 | 801 Pennsylvania Ave NW, Washington, DC 20004

The Residences at Market Square is the name for a large mixed-used residential and commercial complex in the heart of Washington, DC. Built in 1990, there are two Neo-Classical buildings—each with a curvilinear design. These stately structures blend elements of traditional and modernist architecture, and have been widely celebrated not only for their look, but for their lap of luxury condos for sale.

Current Listings for the Residences at Market Square

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• $900,000 - $1,000,000

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$975,000

701 Pennsylvania Ave Nw #1221, WASHINGTON

1 Bed 1 Bath 940 SqFt Residential MLS® # DCDC2161092

PENN QUARTER

$600,000

↓ $49,900

801 Pennsylvania Ave Nw #1220, WASHINGTON

1 Bed 1 Bath 760 SqFt Residential MLS® # DCDC2112046

PENN QUARTER

$550,000

701 Pennsylvania Ave Nw #1222, WASHINGTON

1 Bed 1 Bath 649 SqFt Residential MLS® # DCDC2161098

PENN QUARTER

$499,000

↓ $50,000

701 Pennsylvania Ave Nw #1126, WASHINGTON

1 Bed 1 Bath 747 SqFt Residential MLS® # DCDC2149258

PENN QUARTER

$435,000

801 Pennsylvania Ave Nw #1002, WASHINGTON

1 Bed 1 Bath 473 SqFt Residential MLS® # DCDC2163784

PENN QUARTER

$400,000

701 Pennsylvania Ave Nw #1007, WASHINGTON

1 Bed 1 Bath 496 SqFt Residential MLS® # DCDC2159122

PENN QUARTER

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Additional Info About the Residences at Market Square in Washington DC

Located at 701 and 801 Pennsylvania Avenue, the complex is directly across from the J. Edgar Hoover FBI Building and the Department of Justice. The two buildings were built around the Navy Memorial, and sit atop the Archives-Navy Memorial-Penn Quarter Metro. That’s convenience! This particular neighborhood is known as the Penn Quarter, but it’s also associated with the larger Capitol Hill community in the 20004 zip code, and is right between the White House and the U.S. Capitol Building.

The two buildings are known separately as Market Square East and West, and each contains 105 one and two-bedroom residences. There’s a wide variety of floor plans, ranging from 424 to 1250 square feet. Some units have dens as well. Condos for sale also run the gamut of prices, from the $400,000 range to well over a million dollars.

Inside the Market Square condos you’ll find rosewood floors, massive windows and private balconies with some of the most amazing views in all of DC. The chef’s grade kitchens include granite countertops, cherry cabinets, Sub-Zero stainless steel appliances including slide-in ranges and convection ovens, plus Fisher Paykal dish drawers and wine coolers, all housed under the serving and prep bars.

And then there’s all the other common amenities, like 24/7 staffed front desk and concierge service, security, secure parking, a state of the art fitness center and premiere roof decks and heated pools. Notice the plural, because each building has its own mirror amenities. Outside is a common plaza, and of course, the Navy Memorial itself-snuggled in right between the two wings.

Market Square also includes about 670,000 square feet of office and retail space, so it’s conceivable that you could actually live, work and play in the same place. But when you do decide to venture out into the world, you’ll find a host of amazing galleries, museums, bars and fine restaurants, all within easy walking distance. 

Penn Quarter from Then to Now

Penn Quarter feels like a neighborhood that has come full circle. Once a thriving entertainment and cultural mecca, it fell into a period of decline and has more recently emerged again. Today it is one of the most vibrant urban neighborhoods in Washington, DC.

The area now known as Penn Quarter is loosely defined as being north of Pennsylvania Avenue and between 3rd and 12th Streets. It extends as far north as H Street and includes the small Chinatown enclave. This is the eastern part of Downtown DC and used to be called Old Downtown. The neighborhood is in a prime part of the city, just south of the Mount Vernon area and directly north of the National Mall.

One of the oldest entertainment settings in the Penn Quarter is Ford’s Theatre, built in 1863. Just two years after its opening, the theatre was the site of President Lincoln’s assassination. It remains open today, both as a historic tour site and as a lively performing parts venue. During the mid-to-late 1800s and through to the early 1900s, the area was a popular place to take in a show—whether live or film. A number of grand movie palaces were built during the early part of the 20th century, particularly near the corner of 9th and E Streets. Streetcars made it easy to get in and out of the city.

But the post-World War II era brought a period of slow and steady decline, especially after the Civil Rights riots of 1969 and 1970. While government business went on, the neighborhood often felt deserted after dark. The emergence of live music nightclubs in the 1980s helped spawn a larger resurgence from the 1990s onward. The Residences at Market Square and The Pennsylvania are two of the luxury condominiums that led the new redevelopment surge.

Transit Options in Penn Quarter

Those living at the Residences at Market Square have access to secure parking, a luxury that is not always available in Washington’s inner city neighborhoods. But there’s plenty of other options as well. This is an extremely walkable community with a Walk Score of 97, Bike Score of 90 and Transit Score of 100. There are multiple Metrorail stations within easy walking distance, including Archives-Navy Memorial-Penn Quarter, Federal Triangle and Gallery Place-Chinatown. To learn more about condos for sale at the Residences at Market Square or in other parts of Washington, DC, call Andre Perez at District Partners at Compass, 202-798-3600.

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