Video tour
$8,194 Closing Credit¹
Cynthia R Sullivan, Listing Office: Sullivan Select, LLC.
$10,000
closing credit¹
301 Central Ave Gaithersburg, MD 20877
$999,900 List price
$10,000
Closing credit¹
4,270 sqft
1.0 acres
$234 / sqft
House
Property details
About 301 Central Ave
Welcome to 301 Central Ave. A rare gem offering incredible versatility in a prime Gaithersburg location near Washington Grove and the MARC train, with Shady Grove Metro just a short drive away. This unique property sits on a picturesque, 1-acre lot and presents endless possibilities: transform it into a grand single-family residence or keep it as an approved 4 unit multifamily building. The main level is the primary residence, featuring expansive living areas, two updated full baths, 2-3 bedrooms, a large enclosed wraparound porch, one full kitchen and one bar with the potential of the bar being converted to a second kitchen. Upstairs, you'll find three fully equipped 1-bedroom, 1-bath apartments, two of which are currently being leased until June 2024. The property boasts a newly paved entrance with parking for 10+ vehicles and stunning park-like grounds perfect for outdoor enjoyment. Whether you're envisioning a spacious single-family home with 5-6 bedrooms and 5 baths, a lucrative multifamily investment, or a combination of both, this property is brimming with potential. Schedule your private tour today! Advance notice required—contact the listing agent for details.
Highlights
Home typeOther
HeatingOther
StatusActive
(ACTIVE)
(ACTIVE)
CoolingOther
Size4,270 sqft
Lot size0.99 Acres
Year built1920
ParkingDriveway
MLS #MDMC2156144
Virtual tour
Summary
- MLS Number: MDMC2156144
- MLS Name: BRIGHT
- Office Name: Redfin Corp
- Office Phone: (301) 658-6186
- Listing Agent: Charles P Gilroy
Information Deemed Reliable But Not Guaranteed. 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 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. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or 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.
BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 1/21/2025, 6:19:13 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$999,900
301 Central Ave
$10,000
closing credit¹
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Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Dec 18, 2019 | Home Sold | $60,000 |
| May 09, 2017 | Home Sold | $300,000 |
Tax history
We're sorry, we currently don't have tax history data for this listing.
History based on county public records data.
Nearby schools
4
Washington Grove Elementary School
Public District PK-5
0.3 mi
•8712 Oakmont St
4
Rosemont Elementary School
Public District PK-5
0.8 mi
•16400 Alden Ave
3
Gaithersburg Elementary School
Public District PK-5
0.8 mi
•35 N Summit Ave
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $108,255. Residents of Gaithersburg, MD typically earn between $100k-200k each year. Typical family type is married, no kids. Most residents in this area have post secondary degree education.
How much money do the neighbors make?
9%
<35k
37%
35k-100k
39%
100k-200k
15%
200k+
What level of education do the neighbors have?
High School Diploma
Post Secondary Degree
Masters Degree
Doctorate
What types of families live nearby?
30%
Single, No Kids
9%
Single, with Kids
33%
Married, No Kids
28%
Married, with Kids
Are the neighbors home owners or renters?
Home Owners
Renters
How old are people in this area?
14%
<11 yrs old
8%
12-17 yrs old
21%
18-34 yrs old
46%
35-64 yrs old
11%
65+ yrs old
What do the neighbors do for fun?
Symphony or Opera
PGA/LPGA
NBA/WNBA
Where do the neighbors shop?
Chico's
New York & Company
The Container Store
Where do the neighbors go to eat?
Boston Market
Bonefish Grill
Qdoba
What do the neighbors drive?
Volvo
Cadillac
Infiniti
What do the neighbors listen to?
Talk/Personality
Classical
Active Rock
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Gaithersburg, MD
About 301 Central Ave
This home is located at 301 Central Ave in Gaithersburg, MD and zip code 20877. This 4,270 square foot home, which was built in 1920, sits on a 0.99 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since November 15, 2024 and is currently priced at $999,900.
In December 2024, from all listings sold in Gaithersburg, MD there were more than 27 sold above asking price, over 25 sold below and more than 21 were sold right at the asked price. In December 2024 in Gaithersburg, MD there were 13.5% less homes for sale than in November. While the average time on the market in December 2024 was 22 days, the median list price was $545,343.
From Rocket Homes Real Estate and based on county public records data.