$849,990

beds

baths

half baths

2,585

square ft

518 Oglethorpe Street Ne

Washington, District Of Columbia 20011

Active / MLS #DCDC2263894 / Townhome / Lamond Riggs

Listing information updated 6/3/2026 at 11:21am

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.

Full Features

Architecture Style:

Federal

Basement:

Daylight, Partial,Connecting Stairway,Walkout Stairs,Daylight, Full,Fully Finished

Beds Above Grade:

Beds Below Grade:

Cooling System:

Central A/C

Heating System:

90% Forced Air

Main Level Primary Bedroom:

Fireplace:

Pool:

Age:

77 Years

Room Count:

Water Front:

Square Feet:

2,585

Lot Size:

1999.00 Square Feet

Acreage:

0.05

Internal Features:

2nd Kitchen

Taxes & Assessments

Tax Amount:

$2,966

Tax Year:

2024

Location

Zip Code:

20011

City:

Washington

County:

Washington

Schools

School District(s):

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Architecture Style:

Federal

Basement:

Daylight, Partial,Connecting Stairway,Walkout Stairs,Daylight, Full,Fully Finished

Beds Above Grade:

Beds Below Grade:

Cooling System:

Central A/C

Heating System:

90% Forced Air

Main Level Primary Bedroom:

Fireplace:

Pool:

Age:

77 Years

Room Count:

Water Front:

Square Feet:

2,585

Lot Size:

1999.00 Square Feet

Acreage:

0.05

Internal Features:

2nd Kitchen

Tax Amount:

$2,966

Tax Year:

2024

Zip Code:

20011

City:

Washington

County:

Washington

School District(s):

DISTRICT OF COLUMBIA PUBLIC SCHOOLS

Elementary School:

N/A

Middle School:

N/A

High School:

N/A

Listing Office: Keller Williams Capital Properties

Listing Office Phone: 240.383.1350

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