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968 MOUNT OLIVET NE ROAD, WASHINGTON, DC 20002

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Listing Type
Multi Family
Listing Status
Active Under Contract
16
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Transportation
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$629,999

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Home Details for 968 MOUNT OLIVET NE ROAD
Price
$629,999
Type
Multi Family
Bedrooms
3
Year Build
1951
Sq. Ft.
1680
Lot Size
0.03
County
WASHINGTON
Tax
$898
MLS®️ Listing#
DCDC2174540
On exitrealty.com
337 days
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.
Property Features
Listing Courtesy: Compass - 410-886-7342
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 EXIT Realty 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 closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright ©2026 Bright MLS. All rights reserved.
Last Updated: 2026-01-01 14:00:58
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EXIT KEYS REALTY
1629 K St NW, Ste 300, Washington, DC 20006
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$629,999

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EXIT KEYS REALTY
1629 K St NW, Ste 300, Washington, DC 20006
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