8216 Nolte Ave Silver Spring, MD 20910
Silver Spring Park NeighborhoodEstimated payment $5,191/month
Highlights
- Galley Kitchen
- Forced Air Heating and Cooling System
- Walk-Up Access
- Takoma Park Middle School Rated A
About This Home
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.
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $9,535
Year Built
- Built in 1943
Home Design
- Quadruplex
- Brick Exterior Construction
- Asphalt Roof
Basement
- Walk-Up Access
- Side Basement Entry
Utilities
- Forced Air Heating and Cooling System
- Cooling System Utilizes Natural Gas
- Natural Gas Water Heater
Additional Features
- Galley Kitchen
- 0.26 Acre Lot
Community Details
- 4 Units
- 8216 Nolte Community
- Blair Subdivision
Listing and Financial Details
- Tax Lot P12
- Assessor Parcel Number 161300990341
Map
Home Values in the Area
Average Home Value in this Area
Property History
Date | Event | Price | Change | Sq Ft Price |
---|---|---|---|---|
05/02/2025 05/02/25 | For Sale | $825,000 | 0.0% | -- |
05/02/2025 05/02/25 | For Sale | $825,000 | -- | -- |
Source: Bright MLS
MLS Number: MDMC2178764

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