Two-Unit Duplex with Private
51 Q STREET NW Washington, DC 20001
For Sale
$997,500
Turn-key two-unit building with separate private entrances and gated outdoor space, including an upstairs 3-bedroom unit.
Property Size2,733 SF
Price / SF$364.98
Days on Market9
Property Features for 51 Q STREET NW
General Information
Standard status
Active
Size
2,733 SF
Property subtype
Duplex
Building Details
Year Built
2024
Listing Agency:
Fairfax Realty Premier
(202) 368-8167
Listed By:
Donovan Green · License #SP98372583
(202) 368-8167
Source:
Cummingsrealtors
Added: Jul 22
Changed: Jul 26
Last Checked: Jul 29 at 5:35AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Fairfax Realty Premier
Investment Insights
Based on property information with market context.
51 Q Street NW is a fully legal, turn-key two-unit duplex configured as two distinct, self-contained living spaces. Each unit has its own private entrance and dual means of egress. The upper unit is a modern 3-bedroom, 2.5-bath residence with an open-concept main level, espresso hardwood floors, and LED lighting. The kitchen is described as a Euro-style culinary space with quartz countertops and contemporary finishes.
The lower unit is a fully independent 2-bedroom, 2-bath suite with a modern kitchen with quartz countertops, a dedicated stacked washer/dryer, and excellent natural light. The property is also described as offering gated outdoor areas, including a secure gated front green space and a gated rear yard with convenient alley access.
The lower-level unit is presented as capable of commanding up to $3,000/month in market rent, with flexibility described for long-term rental, short-term rental use, or other residential or work-from-home arrangements. Access to multiple dining and retail corridors is described nearby, along with walkable transit options including nearby Metro stations and a Capital Bikeshare location.
The lower unit is a fully independent 2-bedroom, 2-bath suite with a modern kitchen with quartz countertops, a dedicated stacked washer/dryer, and excellent natural light. The property is also described as offering gated outdoor areas, including a secure gated front green space and a gated rear yard with convenient alley access.
The lower-level unit is presented as capable of commanding up to $3,000/month in market rent, with flexibility described for long-term rental, short-term rental use, or other residential or work-from-home arrangements. Access to multiple dining and retail corridors is described nearby, along with walkable transit options including nearby Metro stations and a Capital Bikeshare location.
Key Highlights
- Fully legal two‑unit building built in 2024 with two self‑contained living spaces
- Upper unit: 3 bedrooms and 2.5 bathrooms with an open‑concept main level and LED lighting
- Lower unit: 2 bedrooms and 2 bathrooms with a dedicated stacked washer/dryer and private kitchen
Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $73.8k | $27.00 |
| − Vacancy | −$3.8k | −$1.40 |
| EGI | $70.0k | $25.60 |
| − OpEx | −$21.0k | −$7.68 |
| NOI | $49.0k | $17.92 |
2,733 SF · lease $27.00/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$699.5K
$612.1K – $816.1K
NOI $48,968 @ 7.0% cap · market cap 4.91%
Second Best
Apartment 5plus
$648.7K
$567.6K – $756.8K
NOI $45,410 @ 7.0% cap · market cap 4.55%
Theoretical Best
Office A
$1.41M
$1.23M – $1.64M
NOI $98,404 @ 7.0% cap · market cap 9.87%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Duplex - Turn-key two-unit building with separate private entrances and gated outdoor space, including an upstairs 3-bedroom unit.
Where is this duplex located?
The property is located at 51 Q STREET NW Washington, DC.
What is the asking price?
The asking price for this property is $997,500.
What are key features of this property?
This property features: Fully legal two‑unit building built in 2024 with two self‑contained living spaces; Upper unit: 3 bedrooms and 2.5 bathrooms with an open‑concept main level and LED lighting; Lower unit: 2 bedrooms and 2 bathrooms with a dedicated stacked washer/dryer and private kitchen
