2326 Nicholson St Se, Washington, DC 20020
Local realty services provided by:ERA Reed Realty, Inc.
2326 Nicholson St Se,Washington, DC 20020
$550,000
- 4 Beds
- 2 Baths
- 2,633 sq. ft.
- Single family
- Active
Listed by: deborah k reynolds, robert e lamborn
Office: keller williams realty
MLS#:DCDC2198408
Source:BRIGHTMLS
Price summary
- Price:$550,000
- Price per sq. ft.:$208.89
About this home
PRIME DEVELOPMENT OPPORTUNITY! Just 2 miles south of the recently announced $2.7 billion redevelopment of the 180 acre RFK campus, this unassuming tear down single family home carries the coveted RA-2 (Residential Apartment) zoning that touts a 1.8 floor area ratio that would potentially allow this 4,500 SF (30’x150’) rectangular lot to support 8,100 SF (4,500 x 1.8) of residential development that includes a 50-feet height restriction (4 floors @ 2,025 SF per floor) not including a rooftop deck structure. Ideally situated just one block off of Pennsylvania Avenue, it’s after repair value could easily exceed $3M (e.g. (8) - 1,000 SF 2BR, 2BA condos at $400K each = $3.2M) and is supported by recent sales across the street where the 968 SF 2305 Nicholson St SE #205 2BR 2BA condo sold for $460K in February this year. Location just far away enough from the hustle and bustle of the new RFK development but close enough proximity for maximum appreciation potential!
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Home facts
- Year built:1907
- Listing ID #:DCDC2198408
- Added:325 day(s) ago
- Updated:March 31, 2026 at 01:32 PM
Rooms and interior
- Bedrooms:4
- Total bathrooms:2
- Full bathrooms:2
- Basement:Yes
- Basement Description:Full
- Living area:2,633 sq. ft.
Heating and cooling
- Cooling:Central A/C
- Heating:Forced Air, Natural Gas
Structure and exterior
- Year built:1907
- Building area:2,633 sq. ft.
- Lot area:0.1 Acres
- Architectural Style:Tudor
- Construction Materials:Brick
- Exterior Features:Porch(es)
- Levels:2 Stories
Schools
- High school:ANACOSTIA SENIOR
- Middle school:KRAMER
- Elementary school:ORR
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$550,000
- Price per sq. ft.:$208.89
- Tax amount:$3,542 (2024)
Parking
- Parking description:Detached Garage, Garage - Rear Entry
- Garage:Yes
- Garage spaces:1
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