Two-Unit Residential Income
51 Q Street NW Washington, DC 20001
For Sale
$997,500
MULTI_FAMILY - Federal - WASHINGTON, DC
Property Size2,733 SF
Lot Size0.02 Acres
Price / SF$364.98
Days on Market8
Property Features for 51 Q Street NW
General Information
Property type
Residential Multi Family
Property subtype
Duplex
Rooms
Dining Room, Basement
Parking features
On Street
Interior features
Bathroom - Tub Shower, Ceiling Fan(s), Dining Area, Formal/Separate Dining Room, Kitchen - Galley, Kitchen - Island, Pantry, Primary Bath(s), Recessed Lighting, Skylight(s), Sprinkler System, Walk-in Closet(s), Wood Floors, 2nd Kitchen
Appliances
Built-In Microwave, Dishwasher, Disposal, Dryer - Electric, Dryer - Front Loading, Dual Flush Toilets, Energy Efficient Appliances, ENERGY STAR Clothes Washer, ENERGY STAR Dishwasher, ENERGY STAR Refrigerator, Oven/Range - Electric, Range Hood, Stainless Steel Appliances, Washer - Front Loading
Standard status
Active
Size
2,733 SF
Lot size
0.02 Acres
Taxes and HOA fees
Tax Annual Amount
6503
Utilities
Heating system
Heat Pump (Heating), Central
Cooling system
Central Air
Building Details
Year built
2024
Number of units
2
Building materials
Brick, Concrete, CPVC/PVC
Architectural style
Federal
Listing Agency:
Fairfax Realty Premier
(301) 439-9500
Listed By:
Donovan Green · License #SP98372583
(202) 368-8167
Added: Jul 23
Last Checked: Jul 30 at 3:06AM
MLS# DCDC2275032
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
51 Q Street NW is a fully legal, turn-key two-unit building configured as two distinct, self-contained living spaces. Each unit has an independent private entrance and dual means of egress. The upper unit is a modern 3-bedroom, 2.5-bath layout with an open-concept main level, espresso hardwood floors, and LED lighting. The lower unit features a fully independent 2-bedroom, 2-bath suite with a modern kitchen, quartz countertops, a dedicated stacked washer/dryer, and natural light.
The property includes a secure, gated front green space and a gated rear yard with convenient alley access. Located in the Bloomingdale area of Washington, DC, it is described as one block from the 1st Street dining corridor, and within walking distance of multiple dining and retail corridors including U Street, 14th Street, Logan Circle, Union Market, and NoMa. Transit access is highlighted with proximity to the Shaw-Howard U (Green/Yellow) and NoMa-Gallaudet U (Red) stations, plus a nearby Capital Bikeshare station and Zipcar location.
For on-the-go travel, the remarks also note quick access to VA and MD via I-395 and Route 50, with Reagan National Airport described as under 10 minutes by car and downtown/Union Station access described as under 5 minutes.
The property includes a secure, gated front green space and a gated rear yard with convenient alley access. Located in the Bloomingdale area of Washington, DC, it is described as one block from the 1st Street dining corridor, and within walking distance of multiple dining and retail corridors including U Street, 14th Street, Logan Circle, Union Market, and NoMa. Transit access is highlighted with proximity to the Shaw-Howard U (Green/Yellow) and NoMa-Gallaudet U (Red) stations, plus a nearby Capital Bikeshare station and Zipcar location.
For on-the-go travel, the remarks also note quick access to VA and MD via I-395 and Route 50, with Reagan National Airport described as under 10 minutes by car and downtown/Union Station access described as under 5 minutes.
Key Highlights
- Fully legal two‑unit building built in 2024 with self‑contained spaces, each with a private entrance and dual means of egress
- Upper unit features 3 bedrooms and 2.5 bathrooms with an open‑concept main level, wood floors, skylights, and recessed lighting
- Lower‑level unit offers a fully independent 2‑bedroom, 2‑bathroom suite with a modern kitchen and dedicated stacked washer/dryer
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
Property Profile
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 front and rear.
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 self‑contained spaces, each with a private entrance and dual means of egress; Upper unit features 3 bedrooms and 2.5 bathrooms with an open‑concept main level, wood floors, skylights, and recessed lighting; Lower‑level unit offers a fully independent 2‑bedroom, 2‑bathroom suite with a modern kitchen and dedicated stacked washer/dryer
