A
Seller's Agent in 2025
Alexi Faraco
Smart Realty, LLC
(703) 777-4337
1 in this area
7 Total Sales
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.
Last Agent to Sell the Property
(301) 445-1395 alexfaraco@gmail.com Smart Realty, LLC License #WVS230302998 Listed on: 05/02/2025
Last Buyer's Agent
(240) 475-3860 admin@myrtisbrown.com Anchor Realty International License #SP40003091
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
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 | Buyer | Sale Price | Title Company |
|---|---|---|---|
| $842,000 | First American Title | ||
| -- | -- | ||
| -- | None Available | ||
| $640,000 | -- | ||
| $265,000 | -- | ||
| $214,000 | -- | ||
| $140,000 | -- |
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 | Borrower | Loan Amount |
|---|---|---|---|
| Closed | $128,000 | ||
| Closed | $512,000 |
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 | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 11/20/2025 11/20/25 | Sold | $842,000 | +2.1% | -- |
| 05/15/2025 05/15/25 | Pending | -- | -- | -- |
| 05/02/2025 05/02/25 | For Sale | $825,000 | -- | -- |
We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.
| 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 | $10,142 | $731,933 | -- | -- |
| 2024 | $9,535 | $706,800 | $592,000 | $114,800 |
| 2023 | $9,150 | $679,767 | $0 | $0 |
| 2022 | $8,453 | $652,733 | $0 | $0 |
| 2021 | $7,971 | $625,700 | $592,000 | $33,700 |
| 2020 | $15,579 | $617,133 | $0 | $0 |
| 2019 | $7,642 | $608,567 | $0 | $0 |
| 2018 | $6,834 | $600,000 | $563,800 | $36,200 |
| 2017 | $7,829 | $600,000 | $0 | $0 |
| 2016 | $6,720 | $663,367 | $0 | $0 |
| 2015 | $6,720 | $662,400 | $0 | $0 |
| 2014 | $6,720 | $651,033 | $0 | $0 |
A
Seller's Agent in 2025
Alexi Faraco
Smart Realty, LLC
(703) 777-4337
1 in this area
7 Total Sales
Buyer's Agent in 2025
Myrtis Brown
Anchor Realty International
(410) 775-6239
1 in this area
6 Total Sales
Source: Bright MLS
MLS Number: MDMC2178764
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