Welcome to 518 Oglethorpe St NE - a rare cash-flow opportunity in the heart of Riggs Park featuring a beautifully renovated semi-detached property 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. 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. 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.
| MLS # | DCDC2265864 |
|---|---|
| Listing Type | For Lease |
| Style | Condominium |
| Status | Active-bright |
| Year | 1949 |
| Days On Site | 115 |
| Listing Provided By | Keller Williams Capital Properties | MOTI SHIFERAW |
| Bed(s) | 2 |
|---|---|
| Bath(s) | 2 Total |
| SQ Feet | 2,585 |
| Basement | Y |
| Story(s) | 2 |
| Zoning | R1 |
| Acreage | 0.05 |
| Rooms Total | 2 |
|---|---|
| Cooling | Central A/C |
| Heating Yes / No | Yes |
| Heating | 90% Forced Air |
| Construction Materials | Brick |
|---|---|
| Foundation Details | Block |
| Garage Yes / No | No |
|---|
| State | DC |
|---|---|
| County | WASHINGTON DC |
| City | WASHINGTON |
| Zip Code | 20011 |
| Area | WASHINGTON DC |
| Community Name | RIGGS PARK |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHO |
| Listing VS Median (in RIGGS PARK) | |
Price: $2,990 low | high Med: $494,950 sqft: 2,585 low | high Med: 1,618 $ / sqft: $1 low | high Med: $307 On site: 115 low | high Med: 32 | |
| State | DC |
|---|---|
| County | WASHINGTON DC |
| City | WASHINGTON |
| Zip Code | 20011 |
| Area | WASHINGTON DC |
| Community Name | RIGGS PARK |
| School District | DISTRICT OF COLUMBIA PUBLIC SCHO |
| Listing VS Median (in RIGGS PARK) | |
Price: $2,990 low | high Med: $494,950 sqft: 2,585 low | high Med: 1,618 $ / sqft: $1 low | high Med: $307 On site: 115 low | high Med: 32 | |