968 MOUNT OLIVET RD NE, Washington, DC 20002
See all 16 photos
968 MOUNT OLIVET RD NE, Washington, DC 20002
968 MOUNT OLIVET RD NE, Washington, DC 20002
968 MOUNT OLIVET RD NE, Washington, DC 20002
968 MOUNT OLIVET RD NE, Washington, DC 20002
Listed by Desmond Aberdeen • Compass
Bought with Desmond Kevin Aberdeen • Compass

$575,000

Est. payment /mo

$629,999

8.7%
Est.Price: ?

For more information regarding the value of a property, please contact us for a free consultation.

968 MOUNT OLIVET RD NE Washington, DC 20002

1,680 SqFt

SOLD DATE : 01/20/2026

Key Details

Sold Price $575,000

Property Type Multi-Family

Sub Type Triplex

Listing Status Sold

Purchase Type For Sale

Square Footage 1,680 sqft

Price per Sqft $342

Subdivision Ivy City

MLS Listing ID DCDC2174540

Sold Date 01/20/26

Style Other

Abv Grd Liv Area 1,680

Year Built 1951

Annual Tax Amount $898

Tax Year 1996

Lot Size 1,352 Sqft

Acres 0.03

Property Sub-Type Triplex

Source BRIGHT

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.

Location

State DC

County Washington

Zoning R4

Interior

Interior Features Window Treatments, Other

Hot Water Natural Gas

Heating Radiator

Cooling None

Equipment Oven/Range - Gas, Refrigerator

Fireplace N

Window Features Casement,Storm

Appliance Oven/Range - Gas, Refrigerator

Heat Source Natural Gas

Exterior

Water Access N

Roof Type Metal

Accessibility Level Entry - Main

Garage N

Private Pool No

Building

Lot Description Other

Above Ground Finished SqFt 1680

Sewer Public Sewer

Water Public

Architectural Style Other

Additional Building Above Grade

New Construction N

Schools

School District District Of Columbia Public Schools

Others

Tax ID 4039//0809

Ownership Fee Simple

SqFt Source 1680

Acceptable Financing Other, Conventional, FHA, VA

Listing Terms Other, Conventional, FHA, VA

Financing Other,Conventional,FHA,VA

Special Listing Condition Standard

Read Less

Want to know what your home might be worth? Contact us for a FREE valuation!

Our team is ready to help you sell your home for the highest possible price ASAP


Bright MLS (BMLS)

NEARBY SCHOOLS & BUSINESSES

Claire Davis

Claire Davis

Advisor License ID: 676497

+1(410) 991-0380

GET MORE INFORMATION

Name
Phone*
Message