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!
For sale
Price cut: $100K (6/26)
$650,000
2326 Nicholson St SE, Washington, DC 20020
4beds
2,633sqft
Est.:
Single Family Residence
Built in 1907
4,500 Square Feet Lot
$-- Zestimate®
$247/sqft
$-- HOA
What's special
- 95 days
- on Zillow |
- 97 |
- 1 |
Zillow last checked: 7 hours ago
Listing updated: June 26, 2025 at 07:19am
Listed by:
Debbie Reynolds 240-885-6806,
Keller Williams Realty,
Co-Listing Agent: Robert E Lamborn 571-410-3244,
Keller Williams Chantilly Ventures, LLC
Source: Bright MLS,MLS#: DCDC2198408

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Basement
- Area: 924
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Electric Water Heater
Features
- Basement: Full
- Has fireplace: No
Interior area
- Total structure area: 2,772
- Total interior livable area: 2,633 sqft
- Finished area above ground: 1,848
- Finished area below ground: 785
Property
Parking
- Total spaces: 1
- Parking features: Garage Faces Rear, Detached
- Garage spaces: 1
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Patio & porch: Porch
- Pool features: None
Lot
- Size: 4,500 Square Feet
- Features: Unknown Soil Type
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 5560//0006
- Zoning: RA-2
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Tudor
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Other
Condition
- New construction: No
- Year built: 1907
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Anacostia
HOA
- Has HOA: No
Location
- Region: Washington
Financial & listing details
- Price per square foot: $247/sqft
- Tax assessed value: $424,280
- Annual tax amount: $3,542
- Date on market: 5/21/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
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