968 MOUNT OLIVET ROAD, Washington, DC 20002
- 1,680 sqft
Multi-Family Home
Built in 1951
1,307sqft lot
—— car garage
$375/sqft
Listed 3 months ago
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.
- Listing Status:
- Active
- Date Added:
- February 11, 2025 at 06:00AM
- Listing Office:
- Compass : 4108867342
- Listing Agent:
- Desmond Kevin Aberdeen : 2025284698
- MLS ID:
- DCDC2174540

- General: Window TreatmentsOther
- Appliances: Oven/Range - GasRefrigerator
- A/C: None
- Heating: YRadiatorNatural Gas
- Disability Feature: Level Entry - Main
This listing courtesy of Desmond Kevin Aberdeen, Compass
Monthly Payment
- Principal & Interest $
- Property Taxes $
- Home Insurance $
- VA Funding Fee $
Location
Schools Nearby
Wheatley Education Campus
1299 Neal St NE, Washington, DC, 20002
Grades EE-8
0.59 miles away
Wheatley Education Campus
1299 Neal St NE, Washington, DC, 20002
Grades EE-8
0.59 miles away
McKinley Technology High School
151 T St NE, Washington, DC, 20002
Grades 9-12
0.81 miles away