968 Mount Olivet Rd Ne, Washington, DC 20002
Local realty services provided by:ERA Reed Realty, Inc.
968 Mount Olivet Rd Ne,Washington, DC 20002
$629,999
- 3 Beds
- - Baths
- 1,680 sq. ft.
- Multi-family
- Pending
Listed by: desmond kevin aberdeen
Office: compass
MLS#:DCDC2174540
Source:BRIGHTMLS
Price summary
- Price:$629,999
- Price per sq. ft.:$375
About this home
968 Mount Olivet Rd NE presents a prime value-add opportunity in the heart of Ivy City, one of D.C.’s most rapidly evolving neighborhoods. This three-unit multifamily property offers three one-bedroom units totaling approximately 1,352 rentable square feet on a 0.03-acre parcel (Property Class Code 023).
Strategically located just minutes from Union Market, NoMa-Gallaudet, and Union Station, the property provides excellent access to public transportation and major commuter routes. With the Washington Commanders returning to a new stadium just 2.6 miles away, the surrounding area is poised for a surge in economic activity, infrastructure investment, and long-term appreciation, further enhancing the upside of this investment.
In a submarket with a median household income of $107,000 and a vacancy rate of just 3.33%, 968 Mount Olivet offers strong rental demand with the potential for increased cash flow through targeted improvements. Ideal for investors looking to renovate and capture growth in a thriving, centrally located corridor of Washington, D.C.
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Home facts
- Year built:1951
- Listing ID #:DCDC2174540
- Added:324 day(s) ago
- Updated:January 01, 2026 at 11:42 PM
Rooms and interior
- Bedrooms:3
- Living area:1,680 sq. ft.
Heating and cooling
- Heating:Natural Gas, Radiator
Structure and exterior
- Roof:Metal
- Year built:1951
- Building area:1,680 sq. ft.
- Lot area:0.03 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$629,999
- Price per sq. ft.:$375
- Tax amount:$898 (1996)
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