$140,000

4124 AMES STREET NE #203, WASHINGTON, DC, 20019

  • 764sq ft
  • 2Beds
  • 1 Bathrooms
  • Active

Key Details

July 15, 2026
Year Built: 1963
Days on Market: 54
DCDC2270570
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Description

**Cash purchase only** INVESTOR ALERT! Immediate Cash Flow | Tenant in Place | Future Rent Upside Immediate cash flow from day one! Tenant-occupied 2BR/1BA condo generating $1,500/month with a reliable tenant in place through January. Below-market rent offers built-in upside at lease renewal, creating an opportunity to increase future revenue. Recently refreshed interior, assigned off-street parking, private storage, in-unit washer and dryer, secure building, and just minutes to Deanwood Metro. Cash purchase only. This is an outstanding opportunity for investors seeking immediate income with long-term appreciation potential. Located in a secure, professionally managed 14-unit condominium building, this well-maintained condo offers the ideal combination of stable cash flow and low-maintenance ownership. The current tenant has an excellent payment history, allowing you to purchase with confidence and begin collecting rental income immediately. Recently refreshed interior features a modern kitchen and renovated bathroom, along with the convenience of an in-unit washer and dryer. Additional value-added amenities include assigned off-street parking, a private storage unit, and a pet-friendly community, helping attract and retain quality tenants. The condo fee includes water, keeping operating expenses more predictable. Ideally situated just minutes from the Deanwood Metro Station (Orange Line), Metrobus routes, Route 50, I-295, and the Baltimore-Washington Parkway, residents enjoy easy access to Downtown Washington, DC, Capitol Hill, Maryland, and Northern Virginia. Shopping, restaurants, parks, and everyday conveniences are all nearby, supporting strong rental demand in this growing Northeast DC neighborhood. Whether you're expanding your rental portfolio, completing a 1031 Exchange, or searching for a turnkey investment with immediate income and future upside, this property delivers. Investment Highlights Immediate rental income at closing Current rent: $1,500/month Reliable tenant with an excellent payment history Below-market rent with future income growth potential Updated kitchen and renovated bathroom In-unit washer and dryer Assigned off-street parking Private storage unit Secure building access Pet-friendly community Water included in the condo fee Minutes to Deanwood Metro, Metrobus, Route 50, I-295, and BW Parkway Cash purchase only. Existing lease through January must be honored. A rare opportunity to acquire a performing investment property with immediate cash flow and the potential for increased returns.

Listing Courtesy of: Real Broker, LLC

Location

Features

  • Days on market: 54
  • List Date: July 15, 2026
  • Subdivision: DEANWOOD
  • County: WASHINGTON
  • Year Built: 1963
  • Bathrooms: 1 full , 0 half
  • Property Type: Condominium
  • Total taxes: 1,349
  • Basement Type:
  • Listing ID: DCDC2270570
  • Architecture Style: Traditional

Schools

These schools are filtering within the property address as determined by our data provider.

Rating Name Type Level Grades Address
NA Private Elementary PK-7 2422 K St NW, Washington, DC20037

Grade Span: PK - 7

Admission: Private

Address: 2422 K St NW, Washington, DC20037

Phone: 202-495-0507

Teachers: 6

Students: 20

Ratio: 3:1 Students/Teacher

Gender: 45% Male / 55% Female

Student/Teacher ratio

Enrollment
NA Private Elementary PK-6 2700 27th St NW, Washington, DC20008

Grade Span: PK - 6

Admission: Private

Address: 2700 27th St NW, Washington, DC20008

Phone: 202-387-2700

Teachers: 11

Students: 71

Ratio: 7:1 Students/Teacher

Gender: 49% Male / 51% Female

Student/Teacher ratio

Enrollment
NA Private Elementary PK-8 3825 Klingle Pl NW, Washington, DC20016

Grade Span: PK - 8

Admission: Private

Address: 3825 Klingle Pl NW, Washington, DC20016

Phone: 202-460-9076

Website: http://www.annunciationschool.net/

Teachers: 21

Students: 121

Ratio: 6:1 Students/Teacher

Gender: 60% Male / 40% Female

Student/Teacher ratio

Enrollment
NA Private Secondary 9-12 4300 Harewood Rd NE, Washington, DC20017

Grade Span: 9 - 12

Admission: Private

Address: 4300 Harewood Rd NE, Washington, DC20017

Phone: 202-529-0900

Teachers: 27

Students: 383

Ratio: 14:1 Students/Teacher

Gender: 57% Male / 43% Female

Student/Teacher ratio

Enrollment
NA Private Combined Elementary/Secondary 1-11 1600 Jonquil St NW, Washington, DC20012

Grade Span: 1 - 11

Admission: Private

Address: 1600 Jonquil St NW, Washington, DC20012

Phone: 301-593-4343

Teachers: 4

Students: 21

Ratio: 5:1 Students/Teacher

Gender: 67% Male / 33% Female

Student/Teacher ratio

Enrollment
NA Private Elementary KG-5 1801 Mississippi Ave SE, Washington, DC20020

Grade Span: KG - 5

Admission: Private

Address: 1801 Mississippi Ave SE, Washington, DC20020

Phone: 202-678-1515

Teachers: 10

Students: 71

Ratio: 7:1 Students/Teacher

Gender: 100% Male

Student/Teacher ratio

Enrollment
NA Private Elementary KG-5 1801 Mississippi Ave SE, Washington, DC20020

Grade Span: KG - 5

Admission: Private

Address: 1801 Mississippi Ave SE, Washington, DC20020

Phone: 202-678-1515

Teachers: 6

Students: 83

Ratio: 14:1 Students/Teacher

Gender: 100% Male

Student/Teacher ratio

Enrollment
NA Private Elementary KG-8 5841 Chevy Chase Pkwy NW, Washington, DC20015

Grade Span: KG - 8

Admission: Private

Address: 5841 Chevy Chase Pkwy NW, Washington, DC20015

Phone: 202-966-6682

Teachers: 39

Students: 508

Ratio: 13:1 Students/Teacher

Gender: 49% Male / 51% Female

Student/Teacher ratio

Enrollment
NA Private Combined Elementary/Secondary PK-12 2001 Wisconsin Ave NW, Washington, DC20007

Grade Span: PK - 12

Admission: Private

Address: 2001 Wisconsin Ave NW, Washington, DC20007

Phone: 202-829-3700

Teachers: 44

Students: 478

Ratio: 11:1 Students/Teacher

Gender: 46% Male / 54% Female

Student/Teacher ratio

Enrollment
NA Private Elementary PK-KG 5608 Broad Branch Rd NW, Washington, DC20015

Grade Span: PK - KG

Admission: Private

Address: 5608 Broad Branch Rd NW, Washington, DC20015

Phone: 202-232-2233

Teachers: 2

Students: 2

Ratio: 1:1 Students/Teacher

Gender: 50% Male / 50% Female

Student/Teacher ratio

Enrollment
NA Private Elementary PK-8 210 S Carolina Ave SE, Washington, DC20003

Grade Span: PK - 8

Admission: Private

Address: 210 S Carolina Ave SE, Washington, DC20003

Phone: 202-355-4498

Website: http://www.chds.org/

Teachers: 35

Students: 203

Ratio: 6:1 Students/Teacher

Gender: 54% Male / 46% Female

Student/Teacher ratio

Enrollment
NA Private Elementary 2-6 725 8th St SE, Washington, DC20003

Grade Span: 2 - 6

Admission: Private

Address: 725 8th St SE, Washington, DC20003

Phone: 202-878-6917

Teachers: 3

Students: 12

Ratio: 5:1 Students/Teacher

Gender: 67% Male / 33% Female

Student/Teacher ratio

Enrollment
NA Private Elementary KG-6 201 Allison St NW Ste B, Washington, DC20011

Grade Span: KG - 6

Admission: Private

Address: 201 Allison St NW Ste B, Washington, DC20011

Phone: 202-722-1520

Website: http://www.cfmschool.org/

Teachers: 12

Students: 104

Ratio: 9:1 Students/Teacher

Gender: 48% Male / 52% Female

Student/Teacher ratio

Enrollment
NA Private Combined Elementary/Secondary KG-12 3742 Ely Pl SE, Washington, DC20019

Grade Span: KG - 12

Admission: Private

Address: 3742 Ely Pl SE, Washington, DC20019

Phone: 202-575-0027

Teachers: 18

Students: 160

Ratio: 9:1 Students/Teacher

Gender: 48% Male / 52% Female

Student/Teacher ratio

Enrollment
NA Private Elementary PK-KG 301 A St SE, Washington, DC20003

Grade Span: PK - KG

Admission: Private

Address: 301 A St SE, Washington, DC20003

Phone: 202-294-4799

Teachers: 2

Students: 4

Ratio: 2:1 Students/Teacher

Gender: 50% Male / 50% Female

Student/Teacher ratio

Enrollment
NA Private Combined Elementary/Secondary 6-12 4101 Connecticut Ave NW, Washington, DC20008

Grade Span: 6 - 12

Admission: Private

Address: 4101 Connecticut Ave NW, Washington, DC20008

Phone: 202-362-8882

Teachers: 44

Students: 333

Ratio: 8:1 Students/Teacher

Gender: 45% Male / 55% Female

Student/Teacher ratio

Enrollment
NA Private Elementary PK-1 4473 Connecticut Ave NW, Washington, DC20008

Grade Span: PK - 1

Admission: Private

Address: 4473 Connecticut Ave NW, Washington, DC20008

Phone: 202-966-7747

Website: http://www.franklinmontessori.com/

Teachers: 4

Students: 8

Ratio: 2:1 Students/Teacher

Gender: 100% Male

Student/Teacher ratio

Enrollment
NA Private Combined Elementary/Secondary 6-12 2000 Florida Ave NW, Washington, DC20009

Grade Span: 6 - 12

Admission: Private

Address: 2000 Florida Ave NW, Washington, DC20009

Phone: 202-244-0639

Teachers: 15

Students: 42

Ratio: 3:1 Students/Teacher

Gender: 67% Male / 33% Female

Student/Teacher ratio

Enrollment
NA Private Combined Elementary/Secondary PK-12 4200 Davenport St NW, Washington, DC20016

Grade Span: PK - 12

Admission: Private

Address: 4200 Davenport St NW, Washington, DC20016

Phone: 202-295-6127

Teachers: 149

Students: 1053

Ratio: 7:1 Students/Teacher

Gender: 47% Male / 53% Female

Student/Teacher ratio

Enrollment
NA Private Elementary PK-KG 1041 Wisconsin Ave NW, Washington, DC20007

Grade Span: PK - KG

Admission: Private

Address: 1041 Wisconsin Ave NW, Washington, DC20007

Phone: 202-337-8058

Teachers: 1

Students: 3

Ratio: 3:1 Students/Teacher

Gender: 67% Male / 33% Female

Student/Teacher ratio

Enrollment
NA Private Secondary 9-12 1524 35th St NW, Washington, DC20007

Grade Span: 9 - 12

Admission: Private

Address: 1524 35th St NW, Washington, DC20007

Phone: 202-337-3350

Website: http://www.visi.org/

Teachers: 46

Students: 509

Ratio: 11:1 Students/Teacher

Gender: / 100% Female

Student/Teacher ratio

Enrollment
NA Private Secondary 9-12 19 I St NW, Washington, DC20001

Grade Span: 9 - 12

Admission: Private

Address: 19 I St NW, Washington, DC20001

Phone: 202-336-7100

Website: http://www.gonzaga.org/

Teachers: 68

Students: 956

Ratio: 14:1 Students/Teacher

Gender: 100% Male

Student/Teacher ratio

Enrollment
NA Private Elementary PK-8 1325 36th St NW, Washington, DC20007

Grade Span: PK - 8

Admission: Private

Address: 1325 36th St NW, Washington, DC20007

Phone: 202-337-2339

Teachers: 32

Students: 314

Ratio: 10:1 Students/Teacher

Gender: 47% Male / 53% Female

Student/Teacher ratio

Enrollment
NA Private Secondary 9-12 801 Buchanan St NE, Washington, DC20017

Grade Span: 9 - 12

Admission: Private

Address: 801 Buchanan St NE, Washington, DC20017

Phone: 202-281-2700

Teachers: 7

Students: 44

Ratio: 6:1 Students/Teacher

Gender: 61% Male / 39% Female

Student/Teacher ratio

Enrollment
NA Private Combined Elementary/Secondary 6-12 4301 Harewood Rd NE, Washington, DC20017

Grade Span: 6 - 12

Admission: Private

Address: 4301 Harewood Rd NE, Washington, DC20017

Phone: 202-424-3780

Website: http://www.kirovacademydc.org/

Teachers: 11

Students: 77

Ratio: 7:1 Students/Teacher

Gender: 21% Male / 79% Female

Student/Teacher ratio

Enrollment

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