Movoto Real Estate
Sold on 11/20/2025
  • Other
  • Exterior
  • Entry Way
  • Living
  • Kitchen
  • Bath
  • Bedroom

8216 Nolte Ave, Silver Spring, MD 20910

  • $842,000

    Last sold 11/20/2025 after 202 Days

  • bed

  • bath

Multi-family not for sale
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About 8216 Nolte Ave

Property type Multi-family
Neighborhood
Year built 1943
HOA fee $0/month
Lot size 0.26 Acre
Rental estimate
Property 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.
Listed by
Listing Agent - Alexi Faraco Jr.
Listing Office - United Real Estate
Source: Bright MLS mls logo
MLS#MDMC2178764 • last updated 7 months ago
Movoto checked Bright MLS for data 9 minutes ago
Overview
Cooling/AC Central A/C, Natural Gas
Heating Natural Gas
Levels/Style Other
Type Multi-Family
SubType Quadruplex
Status Closed
Lot Size (SqFt) 11143
Lot Size (Acres) 0.26
County Tax 8137, Annually
Tax: Assessed Value 731933
Annual Property Tax 9535
Year Built 1943
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Basement Side Entrance, Walkout Stairs
Interior Features Kitchen - Galley
Accessibility Features None
Exterior
Roof Asphalt
Construction Brick
Parking Desc None
Existing Structures Above Grade, Below Grade
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool No Pool
Location
Subdivision BLAIR
Water Source Public
School District MONTGOMERY COUNTY PUBLIC SCHOOLS
Zoning R10
Multifamily Details
# 1-Bedroom Units 2
# 2-Bedroom Units 1
# 3-Bedroom Units 1
Rental est.: $1,229/month
Gross rent multiplier: 55.9
  • Nov 2025
    mls logo MLS # MDMC2178764
  • Nov 21, 2025 Sold
    $842,000 (+2.1%)
  • Nov 6, 2025 Pending
  • May 22, 2025 Active
  • May 2, 2025 Listed
    $825,000
  • Nov 2025
    mls logo MLS # MDMC2178750
  • Nov 6, 2025 Pending
  • May 22, 2025 Active
  • May 2, 2025 Listed
    $825,000 (+3.3%)
  • Dec 2017
    mls logo MLS # 1000192455
  • Dec 19, 2017 Pending
  • Aug 5, 2016 Listed
    $799,000 (+6.5%)
  • Aug 2016
    mls logo MLS # MC9733119
  • Aug 4, 2016 Listed
    $750,000
  • 8216 Nolte Ave
    $842K
  • Blair
    $549K
  • 20910
    $415K -1% y/y
  • Silver Spring
    $524K -4% y/y
No chart available
Statistics calculated by Movoto

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Source: GreatSchools.org © 2026. All rights reserved.

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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Movoto participates, and is provided by BRIGHT through a licensing agreement.The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 6/23/2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closedor are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHTMLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually solddue to reporting errors.
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