Building Details

Year Built 2025

Units 15

Listing Agency: KELLER WILLIAMS CAPITAL PROPERTIES t*@fulcrumpg.com Show Phone

Listed By: Ty Voyles · License #215171 Show Phone

Source: Elliman

Added: Nov 28, 2025 Changed: Aug 8 Last Checked: Aug 30 at 6:02PM

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Investment Insights

Based on property information with market context.

This is a new construction, 15-unit building. The unit mix includes two one-bedroom units with one bathroom each, eleven two-bedroom units (three with 1.5 bathrooms and eight with two bathrooms), and two three-bedroom units with two bathrooms, featuring penthouse levels and private roof decks. There are three ADA-compliant units, all located on the first floor. The property features great layouts and high-quality finishes, making it suitable as a turnkey property.

Key Highlights

• New construction (2025) 15‑unit building.
• Diverse unit mix: one, two, and three‑bedroom units.
• Penthouse levels with private roof decks.

Property Analytics

Property Profile

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Spa & Massage Center Skin Care Clinic Kitchen & Bath Showroom (Bike/Boat/Book/etc) Store Furniture & Home Goods

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Location Intelligence

Trade Area within ½ mile

927

Businesses Nearby

Explore this area Business Placement

Demographics for 20020, DC

51,616

Population

26,376

Households

2

Avg Household Size

34

Median Age

28%

College-Educated

89%

High-School Grad

4.6 sq mi

ZIP Area

11,221

Density / Sq Mi

$53,015

Median Household Income

$48,752

Median Earnings

$1,317

Median Rent

$442,500

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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Frequently Asked Questions

What type of property is this?

Apartment building - New construction 15-unit building with diverse unit mix.

Where is this apartment building located?

The property is located at 1955 FAIRLAWN Ave SE Washington, DC.

What is the asking price?

The asking price for this property is $5,500,000.

What are key features of this property?

This property features: New construction (2025) 15‑unit building.; Diverse unit mix: one, two, and three‑bedroom units.; Penthouse levels with **private roof decks**.