Date
Details
Price
Change
Source
2/11/2025
Listed
$629,999
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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$629,999
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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.
Full Property Details
Full Property Details for 968 Mt Olivet Rd NE
General
- Price: $629,999
- Taxes: $898 (1996)
- Status: Under Contract
- Type: Triplex
- Source: BrightMLSMidAtlantic
- MLS ID: DCDC2174540
- Updated: 12/17/2025
- Added to Site: 340 day(s) ago
Rental Information
- Lease Info: Month to Month
- Rent Control: Yes
Interior
- Interior Features: Window Treatments, Other
- Appliances: Oven/Range - Gas, Refrigerator
Exterior
- Exterior Features: Fire Escape
Parking
- Parking Type: Off Street
Location
- County: WASHINGTON
- Subdivision: IVY CITY
- Driving Directions: See Google Maps
- City Limits: Yes
School Information
- School District: District Of Columbia Public Schools
Heating & Cooling
- Cooling Type: None
- Heating Type: Radiator
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: Other
- Construction: Brick
- Roof: Metal
- Windows: Casement, Storm
- Square Feet: 1,680
- Sq. Ft. Source: Estimated
- Living Area: 1,680 Sq. Ft.
- Finished Above Grnd: 1,680 Sq. Ft.
- Year Built: 1951
- Year Built Source: Estimated
Lot Features
- Lot Size (Acres): 0.03
- Lot Size (Sq. Ft.): 1,352
- Lot Size Source: Estimated
- Zoning: R4
- Lot Description: Other
Financial Considerations
- Price Per Sq. Ft.: $375
- Assessment Year: 1996
- City/TownTax: $898
- City/TownTax Freq: Annually
- Tax w/Assessment: $58,308
- Tax Amount: $898
- Tax Year: 1996
- Owner Pays: Water
Disclosures and Reports
- Ownership: Fee Simple
- Lot Number: 809
Listed by Compass, Desmond Kevin Aberdeen
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Listing agent
— 968 Mt Olivet Rd NE —
Desmond Kevin Aberdeen
Compass
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 968 Mt Olivet Rd NE
School District:District of Columbia Public Schools
| Name | Grades | Distance |
|---|---|---|
Wheatley Education Campus 1299 Neal Street Northeast, Washington, DC 20002 | K-8 | 0.6 mi |
Dunbar High School 101 N Street Northwest, Washington, DC 20001 | 9-12 | 1.3 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 968 Mt Olivet Rd NE
Tax History
Tax History for 968 Mt Olivet Rd NE
Year
Property Taxes
Change
Tax Assessment
Change
2025
$4,043
2%
$475,680
2%
2024
$3,981
4%
$468,380
4%
2023
$3,823
8%
$449,770
8%
2022
$3,525
10%
$414,700
10%
2021
$3,212
4%
$377,880
4%
2020
$3,093
11%
$363,940
11%
2019
$2,793
8%
$328,610
8%
2018
$2,580
13%
$303,470
13%
2017
$2,282
24%
$268,470
24%
2016
$1,837
12%
$216,140
12%
2015
$1,640
7%
$192,890
7%
2014
$1,536
—
$180,680
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 968 Mt Olivet Rd NE
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- Single Family
- Active
- Updated 1 day ago
- 5Beds
- 4Total Baths
- 3,725Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 4Beds
- 2Total Baths
- 2,610Sq. Ft.
- Condo
- Active
- Updated 3 days ago
- 2Beds
- 2Total Baths
- 953Sq. Ft.
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- Condo
- Active
- Updated 4 days ago
- 1Bed
- 1Total Bath
- 1,002Sq. Ft.
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- Townhouse
- Closed
- Updated 3 days ago
- 3Beds
- 1Total Bath
- 1,955Sq. Ft.
- Townhouse
- Closed
- 4Beds
- 3Total Baths
- 1,586Sq. Ft.
Listed by The Grant, Ryall & Andrew Group
Sold by TTR Sotheby's International Realty, Michael Sheridan and TTR Sotheby's International Realty, Wendi James
Sold by TTR Sotheby's International Realty, Michael Sheridan and TTR Sotheby's International Realty, Wendi James
968 Mount Olivet Road NE, Washington, DC 20002 (MLS# DCDC2174540) is a Triplex property with 0 bedrooms and 0 full bathrooms. 968 Mount Olivet Road NE is currently listed for $629,999 and was received on February 11, 2025. Want to learn more about 968 Mount Olivet Road NE? Do you have questions about finding other Triplex real estate for sale in Washington? You can browse all Washington real estate or contact a Coldwell Banker agent to request more information.