8216 Nolte Avenue
Silver Spring, MD 20910
- – beds
- – 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# MDMC2178764 —
This property 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 Units Total:4
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Structure Type:Other
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Historic:No
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Architectural Style:Other
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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:Estimated
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Total Below Grade SqFt Source:Estimated
Interior
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Interior Features:Kitchen - Galley
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Fireplace:No
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Living Area SqFt Source:Estimated
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 Subtype:Quadruplex
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Property Type:Multi-Family
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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:Estimated
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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
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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Pool:No Pool
Parking
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Garage:No
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Type of Parking:None
Extra Units
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Vacation Rental:No
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One Bedroom Units:2
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Two Bedroom Units:1
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Three Bedroom Units:1
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 |