Change Real Estate Presents:

518 Oglethorpe Street
Washington DC 20011

For Sale: $849,990.00 Active

List Date: 2026-05-27

Washington
7 bedrooms
5 bathrooms
2,585 build ft2
1,999 land ft2

About This Property

Welcome to 518 Oglethorpe St NE — a rare cash-flow opportunity in the heart of Riggs Park featuring a beautifully renovated semi-detached property with a main residence + separate ADU, offering incredible flexibility for investors, house hackers, or multi-generational living. Fully renovated in 2026, this property blends modern finishes, updated systems, and strong income potential in one of DC’s rapidly growing neighborhoods. The main home features 5 bedrooms, 2.5 bathrooms, and approximately 1,635 sqft of living space, while the accessory dwelling unit (ADU) offers 2 bedrooms, 1.5 bathrooms, and approximately 950 sqft with its own private living setup, creating a powerful income-producing opportunity right in Washington, DC. This property has already received strong affordable housing rent estimates, with the main unit projected around $6,785/month and the ADU around $2,494/month, creating the potential for over $9,000/month in gross rental income. Located on a quiet tree-lined street in sought-after Riggs Park, you’re just minutes from Fort Totten Metro (Red, Green & Yellow lines), Riggs LaSalle Recreation Center, Walmart, Aldi, Giant, restaurants, gyms, daycare centers, parks, and the exciting Art Place DC development with shopping, dining, and entertainment nearby. Whether you’re looking to expand your rental portfolio, offset your mortgage with additional income, create a multi-generational setup, or invest in a high-demand rental location, this property checks all the boxes for long-term appreciation and exceptional cash-flow potential.

Listing Agent: MOTI SHIFERAW. Keller Williams Capital Properties 202-569-4246 moti@motirealestate.com

Property Features

Location Information
County:
Subdivision: RIGGS PARK
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Interior Features
Appliances:
Interior: 2nd Kitchen
Laundry:
Furnished: None
Flooring:
Water: Public
Cooling: Central A/C
Heating: 90% Forced Air
Fireplaces: None
Windows:
Utilities:
Sewer: Public Sewer
Exterior Features
Year Built: 1949
Legal Subdivision: Riggs Park
Subdivision Name: Riggs Park
Schools
Elementary School: None
Junior High School: None
High School: None

IDXListing Courtesy of MOTI SHIFERAW. Keller Williams Capital Properties 202-569-4246 moti@motirealestate.com

Property Photos [Click to enlarge]

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