964 MOUNT OLIVET Road NE, Washington, DC 20002
MULTI_FAMILY - Federal - WASHINGTON, DC
- Added:
- Jun 5, 2026
- Days on Market:
- 10
- Last Refresh:
- Jun 14 at 5:06 pm
Property Features for 964 MOUNT OLIVET Road NE
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking
- 2
- Parking features
- Off Street, Assigned
- Standard status
- Active
- Size
- 1,680 SF
- Lot size
- 0.03 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2944
Utilities
- Heating system
- Central
- Cooling system
- Central Air
Building Details
- Year built
- 1951
- Number of units
- 2
- Building materials
- Brick
- Architectural style
- Federal
Listing agent Roger Taylor License #SP98375653 (202) 679-1750
Listing office Compass 1313 14th Street unit: 2, WASHINGTON, DC (202) 386-6330
Listing date Jun 5, 2026
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
HighLights
- Two‑unit property (single tax ID) with side‑by‑side parking off the alley
- Unit 1: approx. 500 SF, 1 bed/1 bath, in‑unit stackable laundry, private front and rear entries, assigned parking space
- Unit 2: approx. 1,006 SF across two levels, 3 bed/2 full baths, private front and rear entries, one parking space
- Central air and central heat for both units
- Updates include upstairs HVAC system replaced in 2023, roof replaced in Dec. 2023, and full‑size washer/dryer purchased in 2023
- Brick building built in 1951 in a Federal architectural style
Overview
The property includes side-by-side parking off the alley, providing direct, convenient use of the parking area for each unit. The roof was replaced in December 2023, and the upstairs system was replaced in 2023, supporting a more streamlined ownership experience.
For owner-occupants or investors, the duplex configuration provides two independently accessed homes with dedicated parking and recent system updates. With both units equipped with central air and heat and private entry setups, it can support straightforward day-to-day management and tenant privacy. An open house is scheduled for Saturday, June 6, 2026, from 12pm to 2pm.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $48.4k | $28.80 |
| − Vacancy | −$2.7k | −$1.58 |
| EGI | $45.7k | $27.22 |
| − OpEx | −$13.7k | −$8.16 |
| NOI | $32.0k | $19.05 |
Alternative Uses
Current Use by Public Records
Map
- City
- Washington
- County
- District of Columbia
- State
- District of Columbia
- Longitude
- -76.98981
- Latitude
- 38.91231
