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$825,000
33 Days On Site

8216 NOLTE AVENUE
SILVER SPRING, MD 20910

For Sale|Single Family Residence|Active Under Contract
7
Beds
5
Total Baths
5
Full Baths
1943
Built
Subdivision:
BLAIR
County:
MONTGOMERY
Listing courtesy of United Real Estate

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301.821.7043
8216 NOLTE AVENUE8216 NOLTE AVENUE8216 NOLTE AVENUE8216 NOLTE AVENUE
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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.

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Listing Snapshot
Price 
$825,000
Days On Site 
33 Days
Bedrooms 
7
Inside Area (SqFt) 
N/A
Total Baths 
5
Full Baths 
5
Partial Baths 
N/A
Lot Size 
0.26 Acres
Year Built 
1943
MLS® Number 
MDMC2178750
Status 
Active Under Contract
Property Tax 
$9,535
HOA/Condo/Coop Fees 
N/A
Sq Ft Source 
Assessor
Friends & Family
Recent Activity
2 weeks agoStatus changed to Active Under Contract
2 weeks agoListing updated with changes from the MLS®
a month agoListing first seen on site
General Features
Acres 
0.26
Foundation 
Other
Parking 
None
Property Sub Type 
Single Family Residence
Sewer 
Public Sewer
Special Circumstances 
Standard
Stories 
One
Style 
Other
Water Source 
Public
Zoning 
R10
Interior Features
Appliances 
Gas Water Heater
Basement 
Walk-Out Access
Cooling 
Central AirGas
Heating 
Natural GasForced Air
Main Level Bedrooms 
2
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Exterior Features
Construction Details 
Brick
Pool Features 
None
Roof 
Asphalt
Community Features
School District 
MONTGOMERY COUNTY PUBLIC SCHOOLS
Schools
School District
MONTGOMERY COUNTY PUBLIC SCHOOLS
Elementary School
Unknown
Middle School
Unknown
High School
Unknown
Listing courtesy of United Real Estate



The real estate listing information is provided by Bright MLS is for the consumer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumer may be interested in purchasing. Any information relating to real estate for sale or lease referenced on this web site comes from the Internet Data Exchange (IDX) program of the Bright MLS. This web site references real estate listing(s) held by a brokerage firm other than the broker and/or agent who owns this web site. The accuracy of all information is deemed reliable but not guaranteed and should be personally verified through personal inspection by and/or with the appropriate professionals. Properties in listings may have been sold or may no longer be available. The data contained herein is copyrighted by Bright MLS and is protected by all applicable copyright laws. Any unauthorized collection or dissemination of this information is in violation of copyright laws and is strictly prohibited. Copyright © 2020 Bright MLS. All rights reserved.

Neighborhood & Commute
Source: Walkscore
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