968 Mount Olivet Ne Road NE, Washington, DC 20002
- $575,000
- 1,680
- SqFt
- Sold Price
- $575,000
- List Price
- $629,999
- Closing Date
- Jan 20, 2026
- Days on Market
- 238
- Status
- CLOSED
- MLS#
- DCDC2174540
- Living Area
- 1,680
- Lot Size (Acres)
- 0.03
- Style
- Other
- Year Built
- 1951
- County
- Washington DC
- School District
- District Of Columbia Public Schools
Property Description
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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Additional Information
- Subdivision
- Ivy City
- Taxes
- $898
- Interior Features
- Window Treatments, Other
- School District
- District Of Columbia Public Schools
- Exterior Features
- Fire Escape
- Heating
- Radiator
- Heating Fuel
- Natural Gas
- Cooling
- None
- Roof
- Metal
- Water
- Public
- Sewer
- Public Sewer