# 518 OGLETHORPE Street NE, Washington, DC 20011

> **TL;DR:** residential multi family, $849,990 ($329/sqft), built 1949, 2,585 sqft.
> A/C. Est. $3,683/mo. Listed 5 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $849,990 |
| Price/sqft | $329 |
| Square Feet | 2,585 |
| Year Built | 1949 |
| Lot Size | 1,999 sqft (0.05 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 5 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $3,683 |
| **Total** | **$3,683** |

## Key Amenities

- A/C

## Property Highlights

- Built in 1949
- 0.05 acre lot

## Description

### Agent 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 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.

## Location

- **Address:** 518 OGLETHORPE Street NE, Washington, DC 20011
- **County:** WASHINGTON
- **Neighborhood:** RIGGS PARK
- **Coordinates:** 38.96152, -76.99958
- **Google Maps:** https://www.google.com/maps?q=38.96152,-76.99958

## Listing Agent

- **Name:** MOTI SHIFERAW
- **Brokerage:** Keller Williams Capital Properties
- **Phone:** 2025694246
- **Email:** moti@motirealestate.com

## Primary Photo

![518 OGLETHORPE Street NE - Primary Photo](http://lh.rdcpix.com/467415c2e7633efb014e9eba2660ffc9l-f1299699566r.jpg)

*65 total photos available on [listing page](https://www.propertysimple.com/listing/518-oglethorpe-street-ne-washington-dc-20011-c2263722)*

---

**MLS#:** DCDC2263722 | **Updated:** 2026-06-17
**Source:** listhub

*Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.*

[View on PropertySimple](https://www.propertysimple.com/listing/518-oglethorpe-street-ne-washington-dc-20011-c2263722)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "518 OGLETHORPE Street NE, Washington, DC 20011",
  "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 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",
  "url": "https://www.propertysimple.com/listing/518-oglethorpe-street-ne-washington-dc-20011-c2263722",
  "image": "http://lh.rdcpix.com/467415c2e7633efb014e9eba2660ffc9l-f1299699566r.jpg",
  "datePosted": "2026-06-17",
  "price": 849990,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "518 OGLETHORPE Street NE",
    "addressLocality": "Washington",
    "addressRegion": "DC",
    "postalCode": "20011",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 38.96152,
    "longitude": -76.99958
  },
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 2585,
    "unitCode": "FTK"
  },
  "yearBuilt": 1949
}
```