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Three-Bedroom Residential Income Property
For Sale
$179,000

116 LEE AVENUE #110, Takoma Park, MD 20912

TAKOMA PARK, MD

Property Size1,260 SF
Price / SF$142.06
Days on Market268

Property Features for 116 LEE AVENUE #110

General Information

Property type Residential Multi Family
Property subtype Other
Bedrooms 3
Bathrooms 2
Full bathrooms 2
Rooms Bedroom 3, Bedroom 1, Bedroom 2
Subdivision SHERWOOD CODM
Elementary school district MONTGOMERY COUNTY PUBLIC SCHOOLS
Middle school district MONTGOMERY COUNTY PUBLIC SCHOOLS
High school district MONTGOMERY COUNTY PUBLIC SCHOOLS
Standard status Active

Amenities

laundry across the hall

Building Details

Year built 1957
Listing Agency: Greater Silver Spring
Listed By: Rick Dompka
Added: Feb 4 Changed: Oct 29 Last Checked: Oct 30 at 4:06PM
MLS# MDMC2215584

Copyright © 2026 Long & Foster Real Estate. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

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Investment Insights

Based on property information with market context.

This 1,260-square-foot condo, built in 1957, offers three bedrooms and two full bathrooms. Its kitchen features gas cooking, updated appliances, and granite counters. A broad living-room window brings in light, and laundry facilities are located across the hall. Gas, heat, and water are included in the condo fee.

The property is near Metro service, shopping, and restaurants.

Key Highlights

  • Three bedrooms and two full bathrooms
  • 1,260 square feet; built in 1957
  • Kitchen includes gas cooking, updated appliances, and granite counters

Property Analytics

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Lease Details

1
Residential units

Location Intelligence

Trade Area within ½ mile

1,414
Businesses Nearby

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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Frequently Asked Questions

What type of property is this?
Residential income property - The condo has two full bathrooms, granite kitchen counters, and gas cooking.
Where is this residential income property located?
The property is located at 116 LEE AVENUE #110 Takoma Park, MD.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: Three bedrooms and two full bathrooms; 1,260 square feet; built in 1957; Kitchen includes gas cooking, updated appliances, and granite counters
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