Link Copied
Listed price in listed location currency (USD).
$825,000

750
  • Key Facts
  • Description
  • Map

Key Facts

Type Single Family Residence
Levels Residential
Size  sqft
Garage No
Taxes $9,535
Days Active 166
Lot Size 
Approx. Age 1943
MLS® Number MDMC2178750

Property Address: 8216 Nolte Ave, SILVER SPRING, MD, 20910-4629

Average square foot calculated using Size range provided by listing agent.

Description

Welcome to 8216 Nolte Avenue, an extraordinary investment opportunity located in one of Silver Spring’s most desirable neighborhoods. A rare find in today’s market, this fully detached, all-brick Colonial is a four-unit multifamily building situated on a coveted corner lot—positioned to command both exceptional attention and value. This property is an investor’s dream, offering immediate cash flow and unmatched potential for those looking to maximize returns in one of Montgomery County’s most sought-after areas. With each of the four units in a single legal structure, the building streamlines ownership, simplifying management and maximizing operational efficiency. Best of all — there is NO HOA, offering complete freedom and flexibility for owners without the burden of additional monthly fees or restrictions. Having undergone recent upgrades, including brand new carpet, fresh padding, and tacks—this property is move-in ready for tenants or positioned for minimal capital improvements, giving you the freedom to scale quickly. Beyond its impeccable structure, the corner lot delivers a generous backyard with mature trees, adding a rare outdoor oasis in a multifamily property. Whether for tenant enjoyment or future development potential (subject to zoning approvals), the spacious lot offers multiple opportunities for value creation. Strategically located just moments from downtown Silver Spring, this property is perfectly positioned to benefit from the area’s strong rental demand, access to the Metro, and proximity to the DC line. The location is not only ideal for tenants but ensures steady long-term appreciation in a fast-growing market. This income-generating asset is being offered strictly as-is, giving the discerning investor the opportunity to add their personal touch or leverage the building’s existing high-quality fundamentals for maximum returns. An opportunity like this doesn’t come often—take advantage of this corner lot gem in one of the DMV’s hottest real estate markets.
MLS® NumberMDMC2178750
Laundry Level
Central VacNo
FireplaceNo
Acreage0.26
Exterior
GarageNo
Approx. Age1943
BasementSide Entrance, Walkout Stairs
DrivewayNone
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Similar Listings

Price History

-End Date
Not Sold YetSold Price

Other

May 3, 2025List Date
$825,000List Price
  • Commute

Commute

Starting Address
Destination Address
8216 Nolte Ave, SILVER SPRING, MD

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment
Loading...

Comparable Properties