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$575,000

  • Sold
  • Closed
  • Triplex
  • 1,680 Sq. Ft.
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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 for 968 Mt Olivet Rd NE

General

  • Sold For: $575,000
  • Taxes: $898 (1996)
  • Status: Closed
  • Type: Triplex
  • Source: BrightMLSMidAtlantic
  • MLS ID: DCDC2174540
  • Added to Site: 432 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
  • Terms: Standard Sale
  • Owner Pays: Water

Disclosures and Reports

  • Ownership: Fee Simple
  • Lot Number: 809

Listed and Sold by Compass, Desmond Kevin Aberdeen

Listing agent

— 968 Mt Olivet Rd NE —

  • Desmond Kevin Aberdeen

    Compass

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NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Schools serving 968 Mt Olivet Rd NE

School District:District of Columbia Public Schools
NameGradesDistance
Wheatley Education Campus
1299 Neal Street Northeast, Washington, DC 20002
K-80.6 mi
Dunbar High School
101 N Street Northwest, Washington, DC 20001
9-121.3 mi
Disclaimer: School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.

Price & Sales History for 968 Mt Olivet Rd NE

Date
Details
Price
Change
Source
1/20/2026
Sold
$575,000
-8.73%
MLS
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.

Listed and Sold by Compass, Desmond Kevin Aberdeen

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968 Mount Olivet Road NE, Washington, DC 20002 (MLS# DCDC2174540) is a Triplex property that was sold at $575,000 on January 20, 2026. 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.