#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: 6/22/2025, 5:45:32 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. The most common annual income of people living in Washington, DC is less than $<35k. Most families are single, no kids. The majority of residents in this area have high school diploma education.
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Frequently asked questions
About 968 Mount Olivet Rd NE
The listing price of 968 Mount Olivet Rd NE property is $629,999.
The property 968 Mount Olivet Rd NE is a multi located in Washington, undefined, 20002.
Active Listing: 968 Mount Olivet Rd NE is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 968 Mount Olivet Rd NE are: Kipp Dc - Spring Academy Public Charter School (GreatSchools Rating 6/10), J. O. Wilson Elementary School (GreatSchools Rating 5/10), Langley Elementary School (GreatSchools Rating 3/10), Center City Public Charter School - Trinidad (GreatSchools Rating 4/10), Kipp Dc - Northeast Academy Public Charter School (GreatSchools Rating 2/10), Wheatley Education Campus (GreatSchools Rating 4/10), Kipp Dc - College Preparatory Public Charter School (GreatSchools Rating 4/10), McKinley Technology High School (GreatSchools Rating 7/10), Kingsman Academy Public Charter School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2023 is $3,823 (source: MLS/based on county public records data).
The property 968 Mount Olivet Rd NE is 1,680 SqFt (source: MLS/tax record).
The year of construction for 968 Mount Olivet Rd NE is 1951.
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 number of homes for sale in Washington, DC increased by 52.7% between April and May 2025. In May 2025, listings were on the market for 78 days. During the same period, the median list price in this real estate market was $634,869.