$1,150,000

Estimated payment $7,042/month

Total Views 3,660
Studio
-- Bath
2,788 Sq Ft
$412 Price per Sq Ft

Highlights

  • Backs to Trees or Woods
  • 1 Fireplace
  • Bungalow
  • Takoma Park Middle School Rated A
  • Window Unit Cooling System
  • Property is in very good condition

About This Home

If you are a forward thinking investor looking for an instant cash flow asset with the long term vision to expand in an ever disappearing property class, this is the property for you! 3 unit Triplex, 11,000 square foot lot and $91,200 in gross income. 746 Thayer, blends historic charm with modern updates just steps to the Metro, shops, and restaurants, boasting a 96 Walk Score.
All 3 units are registered rentals with Montgomery County and are fully occupied with strong tenant retention, reflecting consistent management and care. The main level (Unit 1) features 3 bedrooms and 2 baths with a bay window, arched doorways, coved ceilings, a restored original fireplace, hardwood floors, and a sunroom. Unit 2 the upstairs loft, offers 3 bedrooms and 1 bath, while Unit 3 on the lower level provides a 1-bedroom, 1-bath layout.
The options are endless, just like the massive lot, live in one unit while the others generate income to offset your mortgage, or continue to lease all three for strong cash flow and long-term ROI or exercise a 1031 exchange for a true turnkey operational asset ready to go. The property includes parking for up to five vehicles and sits on a deep 11,000 sq ft lot with potential for an ADU or future expansion. Opportunities like this combining scale, location, stability, and upside are exceptionally rare. Act quickly.

Listing Agent

Nick Dunstan

(202) 387-6180 dana.hill@cbmove.com Coldwell Banker Realty - Washington Brokerage Phone: 2023876180 Listed on: 04/21/2026

Coldwell Banker Realty - Washington

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $10,820

Year Built

  • Built in 1922

Lot Details

  • 11,007 Sq Ft Lot
  • Level Lot
  • Backs to Trees or Woods
  • Property is in very good condition

Home Design

  • Triplex
  • Bungalow
  • Brick Exterior Construction
  • Slab Foundation

Interior Spaces

  • 1 Fireplace
  • English Basement

Parking

  • 5 Parking Spaces
  • 5 Driveway Spaces

Utilities

  • Window Unit Cooling System
  • Radiator
  • Heating System Uses Natural Gas
  • Natural Gas Water Heater
  • Municipal Trash

Community Details

  • 3 Units

Listing and Financial Details

  • Tax Lot P2
  • Assessor Parcel Number 161301039321

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$10,820

Year Built

Built in 1922

Lot Details

0.25 Acres

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Triplex
  • Structure Type: Detached
  • Architectural Style: Bungalow
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Expected On Market: 4/21/2026 12:00:00 AM
  • Year Built: 1922
  • Special Features: None

Interior Features

  • Fireplaces Count: 1
  • Fireplace: Yes
  • Foundation Details: Slab
  • Basement: Yes
  • Basement Type: English
  • Total Sq Ft: 3458
  • Living Area Sq Ft: 2788
  • Price Per Sq Ft: 578.47
  • Above Grade Finished Sq Ft: 1988
  • Below Grade Finished Sq Ft: 800
  • Below Grade Sq Ft: 670
  • Total Below Grade Sq Ft: 1470
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Spa: No
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Total Garage And Parking Spaces: 5
  • Type Of Parking: Driveway
  • Number of Spaces in Driveway: 5

Utilities

  • Refuse: 671.39
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Condo/Co-op/Association

  • Association Recreation Fee: No

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District Source: Listing Agent

Lot Info

  • Lot Features: Backs To Trees, Level
  • Lot Size Acres: 0.25
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 11007.00
  • Property Condition: Very Good
  • Zoning: R60
  • In City Limits: No

Rental Info

  • Ground Rent Exists: No
  • Owner Pays: Electricity, Gas
  • Rent Control: No
  • Total Actual Rent: 91200.00
  • Units Leased Count: 3
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 10820.00
  • Assessor Parcel Number: 161301039321
  • Tax Lot: P2
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Gross Income: 91200.00

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

Year Tax Paid Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. Land Improvement
2025 $10,972 $868,800 $362,500 $506,300
2024 $10,972 $889,600 $362,500 $527,100
2023 $5,269 $853,567 $0 $0
2022 $9,675 $817,533 $0 $0
2021 $4,604 $781,500 $362,500 $419,000
2020 $8,466 $717,233 $0 $0
2019 $7,863 $652,967 $0 $0
2018 $7,060 $588,700 $362,500 $226,200
2017 $6,500 $554,333 $0 $0
2016 -- $519,967 $0 $0
2015 $6,618 $485,600 $0 $0
2014 $6,618 $485,600 $0 $0
Source: Public Records

Property History

Date Event Price List to Sale Price per Sq Ft Prior Sale
04/21/2026 04/21/26 For Sale $1,150,000 0.0% $412 / Sq Ft
04/23/2020 04/23/20 Rented $2,900 0.0% --
04/20/2020 04/20/20 For Rent $2,900 0.0% --
04/15/2020 04/15/20 Sold $1,009,000 +1.1% $255 / Sq Ft View Prior Sale
03/04/2020 03/04/20 Pending -- -- --
02/20/2020 02/20/20 Price Changed $998,000 -13.2% $252 / Sq Ft
12/06/2019 12/06/19 For Sale $1,150,000 +64.1% $290 / Sq Ft
06/28/2016 06/28/16 Sold $701,000 +3.9% $197 / Sq Ft View Prior Sale
05/26/2016 05/26/16 Pending -- -- --
05/21/2016 05/21/16 For Sale $675,000 -- $190 / Sq Ft
Source: Bright MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed $1,009,000 Counsellors Title Llc
Deed $701,000 Kvs Title Llc
Deed $701,000 First Amer Title Ins Corp
Deed $157,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Open $756,750 Future Advance Clause Open End Mortgage
Previous Owner $560,800 New Conventional
Source: Public Records

Source: Bright MLS

MLS Number: MDMC2223254

Bright MLS

APN: 13-01039321

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