8216 Nolte Avenue
Silver Spring, MD 20910
- 7 beds
- 5 baths
- – sqft
- 11,143 sqft lot
- 1943 build
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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Last updated May 3, 2025
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MLS# MDMC2178750 —
This home is listed in more than one place. See it here.
The Building
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Year Built:1943
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Year Built Source:Estimated
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Roof:Asphalt
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New Construction:No
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Construction Materials:Brick
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Building Name:8216 Nolte
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Structure Type:Other
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Architectural Style:Other
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Historic:No
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Levels:1
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Accessibility Features:None
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Basement:Yes
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Basement Type:Side Entrance, Walkout Stairs
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Total SqFt Source:Assessor
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Total Below Grade SqFt Source:Assessor
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Above Grade Finished Area Units:Square Feet
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Above Grade Finished SqFt Source:Assessor
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Below Grade Finished Area Units:Square Feet
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Below Grade Unfinished Area Units:Square Feet
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Below Grade Finished SqFt Source:Assessor
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Below Grade Unfinished SqFt Source:Assessor
Interior
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Interior Features:Kitchen - Galley
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Fireplace:No
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Living Area SqFt Source:Assessor
Room Dimensions
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Living Area SqFt:0 Sqft
Financial & Terms
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Sale Type:Standard
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Acceptable Financing:Cash, Conventional, VA, VHDA, FHA, Other
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Possession:Settlement
Location
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Directions: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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Latitude:38.99339000
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Longitude:-77.01371000
The Property
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Property Type:Residential
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Lot Size Units:Square Feet
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Lot Size Acres:0.26
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Lot Size Source:Assessor
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Lot SqFt:11,143 Sqft
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Zoning:R10
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In City Limits:No
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Other Structures:Above Grade, Below Grade
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Waterview:No
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Waterfront:No
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Water Oriented:No
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Water Access:No
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Navigable Water:No
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Tidal Water:No
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Land Use Code:M
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Riparian Rights:No
Listing Agent
- Contact info:
- Agent phone:
- (703) 777-4337
- Office phone:
- (703) 665-3544
Taxes
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Tax ID Number:161300990341
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Tax Year:2024
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Tax Lot:P12
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Tax Annual Amount:$9,535
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Tax Assessed Value:$731,933
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Year Assessed:2025
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County Tax:8137.00
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Total Taxes Payment Frequency:Annually
Beds
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Bedrooms:7
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Bedrooms Main Level:2
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Upper Level Bedrooms:3
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Upper Level 1 Bedrooms:3
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Lower Level Bedrooms:2
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Lower Level Bedrooms:2
Baths
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Total Baths:5
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Full Baths:5
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Main Level Baths:2.00
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Main Level Full Baths:2
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Upper Level Full Baths:2
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Lower Level Full Baths:1
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Upper Level Total Baths:2
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Upper Level Total Baths:2.00
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All Lower Levels Total Baths:1
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Lower Level Total Baths:1.00
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Upper Level Full Baths:2
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Lower Level Full Baths:1
Heating & Cooling
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Cooling Type:Central A/C
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Central Air:Yes
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Cooling Fuel:Natural Gas
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Heating:Yes
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Heating Type:Forced Air
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Heating Fuel:Natural Gas
Utilities
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Sewer/Septic:Public Sewer
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Hot Water:Natural Gas
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Water Source:Public
Schools
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School District Name:Montgomery County Public Schools
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School District Source:Listing Agent
The Community
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Subdivision Name:Blair
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Senior Community:No
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Pool:No Pool
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HOA:No
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Condo/Coop Association:No
Parking
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Garage:No
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Type of Parking:None
Extra Units
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Vacation Rental:No
Monthly cost estimate

Asking price
$825,000
Expense | Monthly cost |
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Mortgage
This calculator is intended for planning and education purposes only. It relies on assumptions and information provided by you regarding your goals, expectations and financial situation, and should not be used as your sole source of information. The output of the tool is not a loan offer or solicitation, nor is it financial or legal advice. |
$4,417
|
Taxes | $794 |
Insurance | $226 |
Utilities | N/A |
Total | $5,437/mo.* |
*This is an estimate |
Walk Score®
Provided by WalkScore® Inc.
Walk Score is the most well-known measure of walkability for any address. It is based on the distance to a variety of nearby services and pedestrian friendliness. Walk Scores range from 0 (Car-Dependent) to 100 (Walker’s Paradise).
Bike Score®
Provided by WalkScore® Inc.
Bike Score evaluates a location's bikeability. It is calculated by measuring bike infrastructure, hills, destinations and road connectivity, and the number of bike commuters. Bike Scores range from 0 (Somewhat Bikeable) to 100 (Biker’s Paradise).
Transit Score®
Provided by WalkScore® Inc.
Transit Score measures a location's access to public transit. It is based on nearby transit routes frequency, type of route (bus, rail, etc.), and distance to the nearest stop on the route. Transit Scores range from 0 (Minimal Transit) to 100 (Rider’s Paradise).
Soundscore™
Provided by HowLoud
Soundscore is an overall score that accounts for traffic, airport activity, and local sources. A Soundscore rating is a number between 50 (very loud) and 100 (very quiet).
Sale history
Date | Event | Source | Price | % Change |
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5/2/25
May 2, 2025
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Listed / Active | BRIGHT | $825,000 |

45% of nearby similar homes sold for over asking price
Similar homes that sold in bidding wars went $32k above asking price on average, but some went as high as $115k over asking price.