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Washington, DC, 20002 • Gallaudet • District of Columbia
$342/sqft
6Beds
1,680Sqft
0.03 acLot
1951Built
Other Style
Built 1951 · 75 years of history
Ivy City
Gallaudet
Above Grade
Above Grade
Demand and pricing signals for this listing
5 views
People checking out this listing
78 days on market
Established listing
$342/sqft
Price per square foot
Multi Family · Built 1951
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.
Based on current rates
Est. 6.75% rate · 30yr fixed · $460,000 loan
Full calculator →Key facts and listing details
12 categories of property features
Market data and value estimates
2 schools rated nearby
Washington, DC, 20002
3 events
23 years of records
Local context around this listing
Washington, DC • District of Columbia
Nearby neighborhoods
Nearby cities
Nearby zip codes
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