1247 Mount Olivet Road NE
Washington, DC, 20002 $ 800,000
Bedrooms4 Baths0.0 Monthly Estimate*
$ 5,051
for $800,000 with 4 bedrooms. This home was built in 1943 on a lot size of 0.07.
Exceptional opportunity to own a beautifully renovated 2-unit property in one of Northeast DC's rapidly evolving neighborhoods. Featuring two spacious 2-bedroom, 2-bath residences, this turnkey property is ideal for investors seeking strong rental potential or owner-occupants looking to offset their mortgage with rental income. Live in one unit and rent the other, or lease both units to maximize investment potential. With both units currently vacant, the next owner has the flexibility to establish market rents or move in immediately. Each thoughtfully renovated unit offers a modern kitchen, stylish bathrooms, spacious living areas, abundant natural light, and the convenience of in-unit laundry. Separate newer HVAC systems provide independent comfort and efficiency for each residence, while the roof was replaced approximately seven years ago for added peace of mind. Separate gas and electric meters simplify property management and enhance investment appeal. The unfinished basement provides valuable storage and additional flexibility. A rear overhead door opens to a rare two-car off-street parking pad, an increasingly valuable amenity in the city. Ideally located just minutes from Union Market, Ivy City, the H Street Corridor, NoMa, Gallaudet University, Capitol Hill, and downtown Washington, DC, you'll enjoy convenient access to Metro, major commuter routes, restaurants, shopping, and entertainment. Whether you're expanding your investment portfolio or searching for a move-in-ready owner-occupied investment opportunity, this well-maintained duplex offers exceptional versatility in a neighborhood experiencing continued growth and redevelopment. Some images may reflect virtual staging or digital editing, including removal of personal property, to help showcase the home.
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FeaturesGeneralLiving Area 3341
Sewer Public Sewer
Heating Radiator
Cooling Central A/C
Possession Settlement
Appliances Washer Dryer Stove Refrigerator Dishwasher Disposal Microwave
Zoning RES
Architectural Style Other
Construction Materials Brick
School District DISTRICT OF COLUMBIA PUBLIC SCHOOLS
Year Built 1943
Property Subtype Other
Tax Year 2026
Ownership Fee Simple
Cool Fuel Electric
Accessibility None
County WASHINGTON
New Construction N
Property Type Multi-Family
Subdivision Name TRINIDAD
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions Driving Directions from New York Ave (US-50):Head southeast on New York Ave NE toward Bladensburg Rd NE. Turn right onto Bladensburg Rd NE (go 0.2 miles).Turn right onto Mt Olivet Rd NE (go 0.4 mil
City WASHINGTON
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 2854.00
Tax Annual Amount 7734.0
Two Bedroom 2
Structure Type Other
Price Per Sq Ft Total AG 267.02
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Legal Subdivision Trinidad
Tax Lot 142
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InteriorHeating Fuel Natural Gas
Basement Connecting Stairway Unfinished
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N Y
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ExteriorPool No Pool
Water Source Public
Type of Parking On Street
Water View Y/N N
Lot Size Acres 0.07
Lot Size Source Assessor
Waterfront Y/N N
Soil Types Unknown
Land Assessed Value 496310.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList Byoffers@thereduxgroup.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $5,051
- Monthly Property Taxes
- $645
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.49% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Washington, DC
Average List Price $1,055,204
Percent of Sale Price 32%
About Washington, DC 701,213 Population
23% Since 2002
$ 81,899 Median Income
37.42 Median Age
18% Households with Children
Trends Information provided by ATTOM Data Solutions.
3545331 Elementary School
3545778 Middle School
Dunbar Senior High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 9/14/2026 | $800,000 | -5.88% | Price Down |
| 8/3/2026 | $850,000 | | Listed Price |