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.
The income description goes here to explain
| List Price | $629,999 |
| Property Type | Triplex (3-units) |
| Usable Sqft | 1,680 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1951 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 4039//0809 |
| MLS # | DCDC2174540 |
| Property ID | 321261009 |
| Lot Sqft | 1,352 |
| Zoning | R4 |
| Total Units | 3 |
| Days on Market | 321 |
| Original List Price | Unknown |
| Applicances | Oven/Range - Gas,Refrigerator% |
| Date Updated | November 30, 2025 |
| Date Created | February 10, 2025 |
Desmond Kevin Aberdeen an agent of .
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2708 Wilshire Blvd #197
Santa Monica, CA 90403
California #02062862
Florida #CQ1065233
Robert Crawford
REAL ESTATE AGENT