2326 Nicholson St Se, Washington, DC 20020

Washington
Local realty services provided by:O'BRIEN REALTY ERA POWERED
2326 Nicholson St Se,Washington, DC 20020
$550,000
  • - Beds
  • - Baths
  • 2,633 sq. ft.
  • Multi-family
  • Active
Listed by: deborah k reynolds, robert e lamborn
Office: keller williams realty
MLS#:DCDC2233676
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 #:DCDC2233676
  • Added:107 day(s) ago
  • Updated:March 21, 2026 at 01:32 PM

Rooms and interior

  • 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)

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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