Backup offers
$10,000 Closing Credit¹
#DCDC2172070, Jeanne H Harrison, Listing Office: Compass
$629,999 List price
968 Mount Olivet Rd NE Washington, DC 20002
$7,481
Closing credit¹
1,680 sqft
0.03 acres
$375 / sqft
Multi-Family
Property details
About 968 Mount Olivet Rd NE
968 Mount Olivet Rd NE is a prime investment opportunity in the Ivy City neighborhood of Washington, D.C. This three-unit multifamily building is situated on a 0.0300-acre parcel and is classified under Property Class Code 023. It offers three one-bedroom units with approximately 1,352 rentable square feet. The property's strategic location provides excellent accessibility. It is just one block from the Mt. Vermin Sq 7th St—Convention Center Metro Station (Green/Line) and a short distance from NoMa-Gallaudet and the bustling retail areas around Union Station. This makes it highly attractive for tenants seeking convenience and connectivity. The Ivy City submarket is known for its desirability. With a median household income of $107,000 and a low vacancy rate of 3.33%, these factors, combined with the property's central location, strong occupancy, and potential for value-added improvements, make 968 Mount Olivet Rd NE a compelling investment in a thriving rental market.
Highlights
Home typeTriplex
HeatingRadiant
StatusActive
(ACTIVE)
(ACTIVE)
Size1,680 sqft
Lot size0.03 Acres
Year built1951
ParkingOff Street
MLS #DCDC2174540
Summary
- 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
Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.
The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 3/14/2025, 4:20:58 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
closing credit¹
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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. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
How much money do the neighbors make?
48%
<35k
40%
35k-100k
11%
100k-200k
1%
200k+
What level of education do the neighbors have?
No High School
High School Diploma
Post Secondary Degree
Masters Degree
What types of families live nearby?
64%
Single, No Kids
28%
Single, with Kids
6%
Married, No Kids
2%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
10%
<11 yrs old
4%
12-17 yrs old
58%
18-34 yrs old
24%
35-64 yrs old
4%
65+ yrs old
What do the neighbors do for fun?
Pro Boxing
Major League Soccer (MLS)
Mexican League Soccer
Where do the neighbors shop?
H&M
Burlington
Foot Locker
Where do the neighbors go to eat?
Boston Market
White Castle
Popeyes
What do the neighbors drive?
Honda
Kia
Nissan
What do the neighbors listen to?
Rhythmic Contemporary Hits
Urban Adult Contemporary
News
All data provided by Home Junction and Claritas
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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.
In February 2025, from all listings sold in Washington, DC there were more than 93 sold above asking price, over 203 sold below and more than 106 were sold right at the asked price. In February 2025 in Washington, DC there were 17% more homes for sale than in January. In February 2025, listings were on the market for 51 days. During the same period, the median list price in this real estate market was $676,408.
From Rocket Homes Real Estate and based on county public records data.