#DCDC2172460, Hillary A Nash, Listing Office: RLAH @properties
968 Mount Olivet Rd NE Washington, DC 20002
Property details
About 968 Mount Olivet Rd NE
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.
Highlights
(ACTIVE)
Summary
- Appliances: Oven, Gas Range, Refrigerator
- Basement: No
- Interior: Window Treatments, Other
- Parking: Off Street
- Exterior: Fire Escape
- Architectural Style: Other
- Heating: Radiant
- Cooling: None
- List Price: $629,999
- Price/SqFt: $375
- Annual Tax Amount: $3,823
- Tax Year: 2023
- Lot: Other
- Directions: See Google Maps
- Year Built: 1951
- Living Area: 1,680 SqFt
- Lot Size: 0.03 Acres
- MLS Number: DCDC2174540
- MLS Name: BRIGHT
- Office Name: Compass
- Office Phone: (410) 886-7342
- Listing Agent: Desmond Kevin Aberdeen
- Agent Phone: (202) 528-4698
- Agent Email: desmond.aberdeen@gmail.com
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Last updated on: 6/1/2025, 1:20:33 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$629,999
968 Mount Olivet Rd NE
$7,481
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Price information
Property sales
We're sorry, we currently don't have property sales data for this listing.
Tax history
Year | Assessment | Property Tax |
---|---|---|
2023 | $449,770 | $3,823 |
2022 | $414,700 | $3,524 |
2021 | $377,880 | $3,211 |
2020 | $363,940 | $3,093 |
2019 | $328,610 | $2,793 |
2018 | $303,470 | $2,579 |
2017 | $268,470 | $2,282 |
History based on county public records data.
Nearby schools
6
Kipp Dc - Spring Academy Public Charter School
Public Charter 1-4
0.6 mi
•1375 Mount Olivet Rd NE
5
J. O. Wilson Elementary School
Public District EE-5
0.8 mi
•660 K St NE
3
Langley Elementary School
Public District EE-5
0.9 mi
•101 T St NE
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $38,032. Most Washington, DC residents have annual incomes less than $<35k. Typical family type is single, no kids. The majority of residents in this area have high school diploma education.
Similar homes for sale
This home is located at 968 Mount Olivet Rd NE in Washington, DC and zip code 20002 in the Northeast neighborhood. This 1,680 square foot home, which was built in 1951, sits on a 0.03 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since February 11, 2025 and is currently priced at $629,999.
The inventory of homes for sale in Washington, DC between March and April 2025 increased by 60.7%. Listings spent 77 days on the market in April 2025, and had a median list price of $635,346 during the same period.