8216 Nolte Avenue

SILVER SPRING, MD 20910

  • 7 Bed(s)
  • 5.0 Bath(s)
  • 0 Sqft
  • 11143
    Sqft(Lot)
$825,000

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.

  • Property Type

    Residential

  • Subdivision

    Blair

  • County

    MONTGOMERY

  • Style

    Other

  • AD ID

    49586554

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Property Details

  • Bedroom Information

    • Total Bedrooms : 7
    • Master Bedroom Level: 2
    • Total Bedroom (Lower): 2
    • Total Bedroom (Upper): 3
    • Bedroom Lower Level 1: 2
    • Bedroom Upper Level 1: 3

    Bathroom Information

    • Total Baths: 5
    • Full Baths: 5

    Water/Sewer

    • Water Source : Public

    Interior Features

    • Kitchen - Galley
    • Roof : Asphalt
    • Basement Description: Side Entrance,Walkout Stairs

    Roofing Information

    • Asphalt

    Heating & Cooling

    • Cooling: Central A/C
    • Heating: Forced Air
    • Cooling Fuel: Natural Gas
    • Heating Fuel: Natural Gas

  • Building Information

    • Year Built: 1943
    • Structure: Other
    • New Construction: No
    • Built: 1943
    • Construction Material: Brick
    • Roof: Asphalt
    • Architecture: Other
    • Pool/Private: No Pool
    • Roof Type: Asphalt

    Exterior Features

    • Building Name: 8216 NOLTE

    Pool Information

    • Pool: No Pool

    Utility Features

    • Sewer: Public Sewer

    Water

    • Water Heat: Natural Gas

  • Lot Information

    • Lot Size: 11,143
    • Lot Size (Acres): 0.26
    • Architectural Style: Other
    • Main Square Feet: 11,143

    Property Information

    • SQ ft: 0
    • SQ ft (Living Area): 0
    • Total Lot SQ ft: 11,143
    • Subdivision: BLAIR
    • Financing: Cash,Conventional,VA,VHDA,FHA,Other
    • Total Acreage: 0.26
    • New Construction: No
    • Type: Other

  • Listing Information

    • Possession: Settlement
    • Days Of Market: 2

  • Tax Information

    • Annual Tax: $9,535
    • Tax Year: 2024
    • Total Taxes Payment Frequency: Annually

    Possession

    • Settlement

    Assessment Information

    • Taxes Assessment Amount: $731,933

  • Parking Information

    • Parking Type: None

    Multi-Unit Information

    • Acceptable Financing: Cash,Conventional,VA,VHDA,FHA,Other
    • Roof: Asphalt

    Homeowners Association Information

    • Direction: From Washington, DC: Take 16th Street NW north toward Maryland. Continue straight as it becomes Georgia Avenue (MD-97). Turn right onto Seminary Road. Drive approximately 1 mile, then turn right onto Nolte Avenue. Property will be on your left. From Maryland (I-495/Beltway): Take Exit 31 for MD-97/Georgia Avenue toward Silver Spring. Head south on Georgia Ave. Turn left onto Seminary Road. Continue for about 1 mile, then turn right onto Nolte Avenue. Home will be on your left. From Virginia (Tysons Corner/McLean): Take I-495 North across the American Legion Bridge. Continue on I-495 to Exit 31 for MD-97/Georgia Avenue toward Silver Spring. Head south on Georgia Ave. Turn left onto Seminary Road. After about 1 mile, turn right onto Nolte Avenue. Property is on the left.

  • School Information

    • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS

    Utility Information

    • Water Source: Public
    • Sewer: Public Sewer
    • Cooling Fuel: Natural Gas
    • Heating Fuel: Natural Gas
    • Hot Water: Natural Gas

    Location Information

    • Direction: From Washington, DC: Take 16th Street NW north toward Maryland. Continue straight as it becomes Georgia Avenue (MD-97). Turn right onto Seminary Road. Drive approximately 1 mile, then turn right onto Nolte Avenue. Property will be on your left. From Maryland (I-495/Beltway): Take Exit 31 for MD-97/Georgia Avenue toward Silver Spring. Head south on Georgia Ave. Turn left onto Seminary Road. Continue for about 1 mile, then turn right onto Nolte Avenue. Home will be on your left. From Virginia (Tysons Corner/McLean): Take I-495 North across the American Legion Bridge. Continue on I-495 to Exit 31 for MD-97/Georgia Avenue toward Silver Spring. Head south on Georgia Ave. Turn left onto Seminary Road. After about 1 mile, turn right onto Nolte Avenue. Property is on the left.
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BuyOwner last updated this listing 05/03/2025 @ 20:51

  • MLS: MDMC2178750
  • LISTING PROVIDED COURTESY OF: ,
  • SOURCE: BRIGHT MLS

is a Home, with 7 bedrooms which is for sale, it has 0 sqft, 11,143 sized lot, and 0 parking. are nearby neighborhoods.