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!
Listed by Deborah K Reynolds
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License #BR98374317
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Keller Williams Realty
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2408856806
Last updated December 09, 2025
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Source: BrightMLS #DCDC2198408
Listing Facts
TypeSingle-family
NeighborhoodFairlawn
Bedrooms4
Bathrooms2
Days on Prevu205
Taxes$3,542/year
Size2,633 sqft
Price per sqft$228
Amenities
Parking
Location
Mortgage Calculator
Listing History
09/10/2025
Price Decreased
$600,000
06/26/2025
Price Decreased
$650,000
05/21/2025
Listed by Keller Williams Realty
$750,000
Property Details for 2326 Nicholson Street SE
Exterior
Construction
New Construction: No
Year Built: 1907
Architectural Style: Tudor
Construction Materials: Brick
Features
Other Structures: Above Grade, Below Grade
Patio And Porch Features: Porch(es)
Waterfront: No
Measurements
Lot Size Acres: 0.10
Lot Size Source: Assessor
Lot Size Square Feet: 4,500
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $3,542.00
Tax Year: 2024
Interior
Measurements
Living Area: 2,633
Living Area Source: Assessor
Rooms
Basement: Full
Has Basement: Yes
Bathrooms Full: 2
Bathrooms Total Integer: 2
Bedrooms Total: 4
Main Level Bedrooms: 1
Other
General
Senior Community: No
Location
Subdivision Name: ANACOSTIA
Tax Lot: 6
Parking
Parking
Garage Spaces: 1
Garage: Yes
Schools
Elementary School
Elementary School: ORR
High School
High School: ANACOSTIA SENIOR
Middle or Junior School
Middle Or Junior School: KRAMER
Utilities
Equipment
Cooling: Central A/C
Heating: Forced Air
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
Frequently Asked Questions
How many bedrooms and bathrooms does this single-family home have?
There are 4 bedrooms and 2 bathrooms in this single-family home at 2326 Nicholson Street SE.
What schools are nearby to 2326 Nicholson Street SE?
Nearby schools include the ORR Elementary School, KRAMER Middle School, and ANACOSTIA SENIOR High School.
Does this single-family home have parking?
Yes, there is 1 parking space available for 2326 Nicholson Street SE.
What are the annual taxes for 2326 Nicholson Street SE?
Annual taxes for this single-family home are estimated at $3,542.
How does 2326 Nicholson Street SE compare to other single-family homes in Fairlawn?
This single-family home is listed 14% above the average price for single-family homes in Fairlawn and has been on the market for 130 more days than the typical home in this area.
What is the square footage on this single-family home?
According to the MLS, this listing is 2,633 sqft.
2326 Nicholson Street SE is a 4-bedroom, 2-bath single-family home for sale in WASHINGTON DC 20020. On Prevu for 205 days at $600,000. This includes a recent price decrease of $50,000. This residence features 2,633 square feet of living space, located in Fairlawn. The median listing price for single-family homes in this area is $494,950. Nearby schools include ORR Elementary School, KRAMER Middle School, and ANACOSTIA SENIOR High School. The home offers parking. Explore more single-family home listings in Washington.
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