Two-Unit Duplex with Private
For Sale
$949,900
51 Q STREET NW, Washington, DC 20001
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$347.57
Days on Market99
Property Features for 51 Q STREET NW
General Information
Standard status
Active
Size
2,733 SF
Property subtype
Duplex
Site & Location
Neighborhood
Bloomingdale
Highway Access
Yes
Fenced Yard
Yes
Additional Details
Multifamily Units
2
Amenities
gated front green space
gated rear yard
Building Details
Year Built
2024
Tenancy
Multi
Listing Agency:
Fairfax Realty Premier
(301) 439-9500
Listed By:
Donovan Green · License #SP98372583
(202) 368-8167
Source:
Cummingsrealtors
Added: Jul 23
Changed: Oct 27
Last Checked: Oct 28 at 8:03AM
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
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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
Estimated NOI and Cap Rate
NOI / Yr
$48,968
Cap Rate
5.16%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$979,360
$979.4K
Cap Rate 7%
$699,543
$699.5K
Cap Rate 9%
$544,089
$544.1K
Market Conditions
NOI Build-Up for 2,733 SF
Gross rent
$73.8K $27.00/SF
− Vacancy
−$3.8K −$1.40/SF
EGI
$70.0K $25.60/SF
− OpEx
−$21.0K −$7.68/SF
NOI
$49.0K $17.92/SF
Area
Washington, DC
Vacancy
5.20%
Lease Rate
$27.00 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$979,360
Cap Rate 7%
$699,543
Cap Rate 9%
$544,089
Alternative Uses
Best Use
Multifamily LT 5
$699.5K
$612.1K – $816.1K
NOI $48,968 @ 7.0% cap · market cap 5.16%
Second Best
Apartment 5plus
$648.7K
$567.6K – $756.8K
NOI $45,410 @ 7.0% cap · market cap 4.78%
Theoretical Best
Office A
$1.41M
$1.23M – $1.64M
NOI $98,404 @ 7.0% cap · market cap 10.36%
Zoning and permitted uses should be independently verified with authorities.
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Open Analytics
Lease Details
2
Residential units
Multi-tenant
Tenancy
Yes
Fenced yard
Yes
Highway access
Location Intelligence
Trade Area within ½ mile
3,451
Businesses Nearby
Explore this area
Business Placement
Demographics for 20001, DC
49,040
Population
26,728
Households
1.8
Avg Household Size
32
Median Age
78%
College-Educated
95%
High-School Grad
2.0 sq mi
ZIP Area
24,520
Density / Sq Mi
$138,730
Median Household Income
$94,675
Median Earnings
$2,464
Median Rent
$844,500
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
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 $949,900.
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
