$825,000

8216 NOLTE AVE, Silver Spring, MD 20910

  • 7 beds |
  • 5 baths
  • Property Icon Single-Family Home
  • Property Year Built Icon Built in 1943
  • Property Lot Size Icon0.26acre lot
  • Property Parking Icon —— car garage
  • Property Price Per Square Feet Icon $——/sqft
  • Property List Date Icon Listed 6 months ago

Property 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.

Listing Status:
Pending
Listing Office:
United Real Estate : 7036653544
Listing Agent:
Alexi Faraco Jr. : 7037774337
MLS ID:
MDMC2178750
  • General: Kitchen - Galley
  • Basement: Side entranceWalkout stairs
  • A/C: Central A/C
  • Heating: Forced AirNatural Gas
  • Disability Feature: None
  • General: Above GradeBelow Grade
  • Style: Other
  • Roofing: Asphalt
  • General: Brick1Other
  • Originating MLS: BRIGHT_MAIN
  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • County: MONTGOMERY-MD
  • Zoning: R10161300990341
  • Water: Public
  • Sewer: Public Sewer
  • Source: BRIGHT_MAIN

This listing courtesy of Alexi Faraco Jr., United Real Estate

Monthly Payment

$Est. Payment
  • Principal & Interest $
  • Property Taxes $
  • Home Insurance $
  • VA Funding Fee $

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Location

Schools Nearby

E

East Silver Spring Elementary School

631 Silver Spring Ave, Silver Spring, MD, 20910

Grades EE-5

0.13 miles away

S

Silver Spring International Middle School

313 Wayne Ave, Silver Spring, MD, 20910

Grades 6-8

0.48 miles away

M

Montgomery Blair High School

51 University Blvd E, Silver Spring, MD, 20901

Grades 9-12

1.70 miles away

Disclaimer: School and School District information courtesy of the National Center for Education Statistics (NCES). School boundaries may change. Proximity to listed schools does not guarantee enrollment eligibility. Contact the school district for more information and exact boundaries.

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