Active
968 Mount Olivet Rd NE
Washington DC, 20002
$629,999
$375.00 per sqft
Active
3 Beds
1,680 sqft
Multi-family
Built in 1951
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.
DCDC2174540
MLSⓇ ID
February 11, 2025
Listed
February 28, 2025
Updated
Interior Features
Bedrooms
3
Appliances
Refrigerator, Gas Oven, Gas Range
Fireplace
No
Cooling
No
Heating
Yes
Heating Description
Natural Gas
Exterior/Building Features
Lot Size
0.03 Acres
Architectural Style
Other
Roof
Metal
Sewer
Public Sewer
Window
Storm Window(s)
School Information
School District
DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Other Property Details
Taxes
$898
Tax Frequency
Annually
Days on Market
1
Garage
No
Parking
Off Street
View
No
County
WASHINGTON
Water Source
Public
Listed by Compass
Listing Contact: 2025284698
The IDX display contains information sourced from the Bright MLS, Inc. as of 2/28/2025. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.
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Data last updated on 2/28/2025 at 7:57 PM UTC
