524 Queen Street Alexandria, VA $ 2,395,000
524 Queen Street
$ 2,395,000
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524 Queen Street

Alexandria, VA, 22314
$ 2,395,000
Bedrooms5 Baths0.0

Monthly Estimate*

$ 14,746

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Multi-Family Home for sale in Alexandria, VA

for $2,395,000 with 5 bedrooms. This home was built in 1840 on a lot size of 0.03.

Rarely available, fully renovated, 4-unit, multi-family historic townhouse in the heart of Old Town. 2 blocks from King St & 5 blocks to the Waterfront. This amazing investment opportunity is perfect for the investor who would like to rent all 4 units, or someone who needs a pied-a-terre while renting the other units, or for the investor who wants to Air BnB all or some of the units. This light filled property features a JR 1br studio, two 1br units & a lovely 2br/2.5ba, two level unit with gas fireplace & private patio. All 4 units have been updated to have new kitchens & new baths. Painted from top to bottom. Other features include the original wide plank wood flooring, all of which have been refinished, newly added recessed lighting throughout & high ceilings. Newly added mini-split systems to unit 1, 2, & 3. Unit 4 is serviced by a separate heat pump distribution system for heating & cooling. There are two water heaters (replaced in 2021 & 2023) that service the building. In the basement you will also find assigned storage for each unit & two laundry centers to be shared by units 1, 2, & 3; while unit 4 has its own laundry stack. Don't miss this exquisite opportunity!

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Multi-Family Active

Price

$ 2,395,000

Bedrooms

5

Property Type

Multi-Family

Taxes

$ 1,351,181

Style

Victorian

Lot Size

0.03

Year Built

1840

Town/City

Alexandria

County/Region

Alexandria City

MLS | Web ID

VAAX2052278

Features
General
Living Area 2655
Sewer Public Sewer
Heating Radiant Forced Air Heat Pump(s)
Cooling Central A/C Window Unit(s)
Possession Settlement Negotiable
Roof Metal
Zoning RM
Patio/Porch Features Patio(s)
Architectural Style Victorian
Construction Materials Brick
School District ALEXANDRIA CITY PUBLIC SCHOOLS
Year Built 1840
Property Subtype Quadruplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County ALEXANDRIA CITY
New Construction N
Property Type Multi-Family
Subdivision Name OLD TOWN HISTORIC
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions From King St Metro head East on King St left on Saint Asaph right on Queen St. 524 is on your right hand side.
City ALEXANDRIA
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 1480.00
Tax Annual Amount 1351181.0
Two Bedroom 1
Structure Type Interior Row/Townhouse
Price Per Sq Ft Total AG 902.07
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Tax Lot 524
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Interior
Heating Fuel Electric Natural Gas
Basement Interior Access Unfinished
Flooring Wood
Hot Water Natural Gas Multi-tank
Total Stories 4
Basement (Y/N) Y
Heating Y/N Y
Central Air Y/N Y
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Brick/Mortar
Water View Y/N N
Lot Size Acres 0.03
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 559020.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 524
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* Excluded Features
List By
Corcoran Mcenearney

Broker

alex.irmer@corcoranmce.com

Email

Affordability Calculator

$127,345
Per Month
12%
88%
0%
Monthly Principal & Interest
$14,746
Monthly Property Taxes
$112,598
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3535035 Elementary School
3536114 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
1/5/2026$2,395,000 -7.74% Price Down
12/8/2025$2,595,900 Listed Price

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524 Queen Street, Alexandria, VA, 22314 is a Multi-Family Home for sale at $2,395,000 with a lot size of 0.03. 524 Queen Street has 5 bedrooms, 0.0 baths, and was built in 1840. The property's zip code is 22314 which is in Alexandria, VA