Renovated Two-Bedroom Residential Income
For Sale
$160,000
116 LEE AVENUE Unit 408, Takoma Park, MD 20912
The updated condo combines a renovated kitchen and bath with assigned parking and a washer/dryer hookup.
Property Size970 SF
Price / SF$164.95
Days on Market43
Property Features for 116 LEE AVENUE Unit 408
General Information
Standard status
Active
Size
970 SF
Total Parking Spaces
1
Property subtype
Unit/Flat/Apartment
Units
Unit Mix
1 x 2BR/1BA
Multifamily Units
1
Parking per Unit
1
Additional Details
Public Transit
Yes
Taxes and HOA fees
Annual Taxes
$3,086
Building Details
Building Size
970 SF
Year Built
1957
Listing Agency:
Keller Williams Capital Properties
Listed By:
Nelson Noe Fuentes · License #671918
(301) 996-9301
Source:
Jackrealtygroup
Added: Sep 18
Changed: Oct 27
Last Checked: Oct 26 at 2:41PM
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 Keller Williams Capital Properties
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Investment Insights
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This 970-square-foot, two-bedroom, one-bath condo at 116 Lee Avenue, Unit 408, was built in 1957 and has undergone extensive interior updates. Features include refinished hardwood floors, dual-pane windows, recessed lighting, custom blinds and a built-in entertainment center. The expanded kitchen has stone countertops, upgraded cabinetry, a tiled backsplash, stainless steel appliances and a five-burner gas range. A new dishwasher was installed in 2026. The bathroom has heated flooring, and a separate storage closet includes a washer/dryer hookup.
The unit comes with one assigned parking space. The condo fee covers water, sewer, trash, gas, heat and common-area maintenance. The property is within walking distance of Metro and offers access to nearby shopping and dining.
The unit comes with one assigned parking space. The condo fee covers water, sewer, trash, gas, heat and common-area maintenance. The property is within walking distance of Metro and offers access to nearby shopping and dining.
Key Highlights
- 970‑square‑foot condo with two bedrooms and one bathroom
- Renovated kitchen with stone countertops, upgraded cabinetry and stainless steel appliances
- Five‑burner gas range; new dishwasher installed in 2026
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Lease Details
1
Residential units
Location Intelligence
Trade Area within ½ mile
1,489
Businesses Nearby
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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
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Frequently Asked Questions
What type of property is this?
Residential income property - The updated condo combines a renovated kitchen and bath with assigned parking and a washer/dryer hookup.
Where is this residential income property located?
The property is located at 116 LEE AVENUE Unit 408 Takoma Park, MD.
What is the asking price?
The asking price for this property is $160,000.
What are key features of this property?
This property features: 970‑square‑foot condo with two bedrooms and one bathroom; Renovated kitchen with stone countertops, upgraded cabinetry and stainless steel appliances; Five‑burner gas range; new dishwasher installed in 2026
