Investor opportunity in the heart of DC’s booming Southwest Waterfront: 81 Q St SW is a vacant two-unit, separately metered multi-family property zoned CG-4 (Capitol Gateway), offering strong development potential and prime location advantages. Sold strictly as-is, this 1,120 sq ft brick building sits just steps from Nationals Park, Audi Field, the Cambria Hotel, and The Wharf—DC’s premier $3.6B waterfront entertainment district. The CG-4 zoning allows mixed-use development including multi-family residential, ground-floor retail, offices, and service uses, with a maximum height of approximately 65 feet, making it ideal for urban infill, redevelopment, or value-add strategies. Located within walking distance to Navy Yard and Waterfront Metro stations, water taxi access, and surrounded by new restaurants, shops, and hotels, this property offers significant upside for investors, developers, or owner-occupants seeking income and long-term appreciation in one of the city’s most vibrant and fast-growing corridors.
Listed by Kathy Mason
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License #BR98369898
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Capital Area Realtors of DC
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5712828742
Last updated August 14, 2025
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Source: BrightMLS #DCDC2215592
Listing Facts
TypeMulti-family
NeighborhoodBuzzard Point
Days on Prevu24
Taxes$5,260/year
Size1,120 sqft
Price per sqft$624
Location
Mortgage Calculator
Listing History
08/14/2025
Listed by Capital Area Realtors of DC
$699,000
Property Details for 81 Q Street SW
Exterior
Construction
New Construction: No
Number Of Units Total: 2
Property Condition: Below Average
Year Built: 1941
Architectural Style: Colonial
Construction Materials: Brick
Features
Other Structures: Above Grade, Below Grade
Waterfront: No
Measurements
Lot Size Acres: 0.02
Lot Size Source: Assessor
Lot Size Square Feet: 1,037
Lot Size Units: Square Feet
Financial
Taxes
Tax Annual Amount: $5,260.00
Tax Year: 2024
Interior
Features
Fireplace: No
Measurements
Living Area: 1,120
Living Area Source: Assessor
Other
Location
Subdivision Name: OLD CITY #1
Tax Lot: 48
Parking
Parking
Garage: No
Utilities
Equipment
Cooling: Window Unit(s)
Heating: Radiator
Has Heating: Yes
Sewer: Public Sewer
Water Source: Public
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