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1247 Mount Olivet Rd NE , Washington, DC 20002
$750,000
Est. Payment: $4,161.24/mo
4 Bed
4 Bath
3341 Sqft
0.07 Acres
Status: active | Days on site: 81
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House Description

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.

Highlights

Listed by Christopher Craddock , 7036882635 and Cami Elizabeth Noble , 5716432459 EXP Realty, LLC , 8333357433. Bright MLS

Property Type

Residential

Lot/Acreage
0.07

Year Built

1943

County

Washington

Neighborhood

Trinidad

School District

District Of Columbia Public Schools

Listing ID

DCDC2276918

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:4
  • ▪ Bathrooms:4
  • ▪ Full Bathrooms:4
Appliances:Washer, Dryer, Stove, Refrigerator, Dishwasher, Disposal, Microwave
Air Cond:Central A/C
Fireplaces:
Above Ground Sq Ft:2996
Below Ground Sq Ft:345
Basement:Connecting Stairway,Unfinished
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No,In City Limits
Zoning:RES
Sewer:Public Sewer
Parking Features:On Street
Principal Interest
$4,161
Taxes
$645

Home Price

$750,000

Loan Details

30 yrs
7.417%

Down Payment

20%
$150,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$4,161.24

Principal

Taxes

Principal Taxes HOA Total
Monthly $4,161.24 $644.50 $0.00 $4,805.74
Yearly $49,934.87 $7,734.00 $0.00 $57,668.87
Total $1,498,046.15 $232,020.00 $0.00 $1,730,066.15
Lender profile image
Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Washington, DC).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T11:13:36.000Z

© 2026 Bright MLS