Brick Multifamily
For Sale
Contact for pricing
Pending
112 Lee Ave, Takoma Park, MD 20912
Licensed by the City of Takoma Park with long-term tenants and utility responsibilities divided between residents and ownership.
Property SizeContact for details
Days on Market143
Property Features for 112 Lee Ave
General Information
Standard status
Pending
Property subtype
Multifamily
Building Details
Construction
brick
Listing Agency:
Casas Real Estate Inc
(301) 717-9114
Listed By:
Jan Rivera · License #MD 314567
Source:
Crexi
Added: Apr 12
Changed: Aug 30
Last Checked: Aug 31 at 1:10PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Casas Real Estate Inc
Investment Insights
Based on property information with market context.
This brick multifamily property at 112 Lee Ave in Takoma Park, Maryland, is occupied by long-term tenants and licensed by the city. A lead-free certificate has been issued by the State. Residents pay their own electricity, while ownership covers gas and water/sewer service.
The property is near parks and Takoma Park center, which includes a farmers market, cooperative food store, and independent shops. The surrounding community is described as arts-oriented and subject to rent stabilization. Rents are approximately 14% below market, and the property is subject to a County right of first refusal. Rent rolls and detailed operating expenses are available from the listing broker.
The property is near parks and Takoma Park center, which includes a farmers market, cooperative food store, and independent shops. The surrounding community is described as arts-oriented and subject to rent stabilization. Rents are approximately 14% below market, and the property is subject to a County right of first refusal. Rent rolls and detailed operating expenses are available from the listing broker.
Key Highlights
- Brick multifamily property with long‑term tenants in place
- Rents are approximately 14% below market
- Tenants pay electricity; ownership pays gas and water/sewer
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,489
Businesses Nearby
Explore this area
Business Placement
Demographics for 20912, MD
25,463
Population
10,140
Households
2.5
Avg Household Size
38
Median Age
51%
College-Educated
86%
High-School Grad
2.7 sq mi
ZIP Area
9,431
Density / Sq Mi
$82,097
Median Household Income
$48,447
Median Earnings
$1,452
Median Rent
$671,400
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Multifamily property - Licensed by the City of Takoma Park with long-term tenants and utility responsibilities divided between residents and ownership.
Where is this multifamily property located?
The property is located at 112 Lee Ave Takoma Park, MD.
What are key features of this property?
This property features: Brick multifamily property with long‑term tenants in place; Rents are approximately 14% below market; Tenants pay electricity; ownership pays gas and water/sewer
