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.
Under contract
$825,000
8216 Nolte Ave, Silver Spring, MD 20910
7beds
--sqft
Est.:
Single Family Residence
Built in 1943
0.26 Acres Lot
$808,400 Zestimate®
$--/sqft
$-- HOA
What's special
All-brick colonialCoveted corner lotSpacious lotCorner lotCorner lot gemBrand new carpet
- 36 days
- on Zillow |
- 586 |
- 12 |
Zillow last checked: 7 hours ago
Listing updated: May 22, 2025 at 12:28pm
Listed by:
Alexi Faraco 703-777-4337,
United Real Estate 7036653544
Source: Bright MLS,MLS#: MDMC2178750

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
- Bathrooms: 5
- Full bathrooms: 5
- Main level bathrooms: 2
- Main level bedrooms: 2
Basement
- Area: 0
Heating
- Forced Air, Natural Gas
Cooling
- Central Air, Natural Gas
Appliances
- Included: Gas Water Heater
Features
- Kitchen - Galley
- Basement: Side Entrance,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 0
- Finished area above ground: 0
- Finished area below ground: 0
Property
Parking
- Parking features: None
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Pool features: None
Lot
- Size: 0.26 Acres
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 161300990341
- Zoning: R10
- Special conditions: Standard
Construction
Type & style
- Home type: SingleFamily
- Architectural style: Other
- Property subtype: Single Family Residence
Materials
- Brick
- Foundation: Other
- Roof: Asphalt
Condition
- New construction: No
- Year built: 1943
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Blair
HOA
- Has HOA: No
Location
- Region: Silver Spring
Financial & listing details
- Tax assessed value: $731,933
- Annual tax amount: $9,535
- Date on market: 5/22/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,VA Loan,VHDA,FHA,Other
- Ownership: Fee Simple
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