Spicer Real Estate
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$849,990
Coming Soon Coming Soon
DC,Washington

Location 518 OGLETHORPE STREET, Washington, DC 20011

  • Sqft 2,585 Sqft SQFT
  • Bed 7
  • Bath 5
Basic Details Basic Details
Description

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...

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.

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Basic Details
  • Property Type: Residential
  • Listing Type: Coming Soon
  • Listing ID: DCDC2263894
  • Price: $849,990
  • Bedrooms: 7
  • Rooms: 7
  • Bathrooms: 5
  • Half Bathrooms: 2
  • Sqft: 2,585 Sqft
  • Year Built: 1949
  • Lot Area: 0.05 Acre
  • Location: US, DC, WASHINGTON-DC, Washington, RIGGS PARK, 20011
  • Structure Type: Twin/Semi-Detached
  • Heating System: 90% Forced Air
  • Cooling System: Central A/C
  • Basement: Daylight, Partial, Connecting Stairway, Walkout Stairs, Daylight, Full, Fully Finished
  • Full Bathrooms: 3
  • Listing Status: Coming Soon
Features & Appliances
Features
  • Architectural Style: Federal
  • Interior Features: 2nd Kitchen
  • Sewer: Public Sewer
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Address Map Address Map
MLS Addon MLS Addon
  • Office Name: Keller Williams Capital Properties
  • Agent Name: MOTI SHIFERAW
Additional Information Additional Information
  • Water Source: Public
  • Accessibility Features: None
  • Construction Materials: Brick
  • Foundation Details: Block
  • Levels: 2
  • On Market Date: 2026-05-23
Financial Financial
  • Tax Annual Amount: 2966.0
Listing Information Listing Information
  • Originating System Name: Bright
  • List Agent Mls Id: 3326299
  • List Office Mls Id: KWCP2
  • MLS Status: COMING SOON-BRIGHT
  • Modification Timestamp: 2026-05-26T23:00:34Z
  • Status Change Timestamp: 2026-05-23T04:00:00Z
Rob Spicer Broker, GRI Rob Spicer Broker, GRI Spicer Real Estate

7201 Wisconsin Avenue

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