$825,000

8216 Nolte Ave Silver Spring, MD 20910

$9,797
Closing credit¹
7 beds
5 full
0.3 acres
House

Property details

About 8216 Nolte Ave

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. All offers are due by Tuesday, May 13th at 12:00 PM (Noon).

Highlights

Home typeSingle Family Residence
HeatingForced Air
StatusActive
(ACTIVE)
CoolingCentral Air
BasementYes
Lot size0.26 Acres
Year built1943
MLS #MDMC2178750

Summary

  • Full Bathrooms: 5
  • Basement: Yes
  • Interior: Kitchen - Galley
  • Total Bedroom Count: 7
  • Parking: None
  • Architectural Style: Other
  • Heating: Forced Air
  • Cooling: Central Air
  • List Price: $825,000
  • Annual Tax Amount: $9,535
  • Tax Year: 2024
  • 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.
  • Year Built: 1943
  • Stories: 1
  • Lot Size: 0.26 Acres
  • MLS Number: MDMC2178750
  • MLS Name: BRIGHT
  • Office Name: United Real Estate
  • Office Phone: (703) 665-3544
  • Office Email: zhanneta@unitedrealestate.com
  • Listing Agent: Alexi Faraco Jr.
  • Agent Phone: (703) 777-4337
  • Agent Email: alexfaraco@gmail.com

IDX 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: 5/11/2025, 12:20:32 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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view of property exterior featuring a lawn, brick siding, and fence

$825,000

8216 Nolte Ave

$9,797

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Jan 29, 2007
Home Sold
$640,000

Tax history

YearAssessmentProperty Tax
2024$706,800$9,535
2023$679,767$8,453
2022$652,733$5,261
2021$625,700$6,628
2020$617,133$7,789
2018$600,000$6,833

History based on county public records data.

Nearby schools

6

East Silver Spring Elementary School

Public District PK-5

0.1 mi

631 Silver Spring Ave

6

Sligo Creek Elementary School

Public Magnet KG-5

0.5 mi

500 Schuyler Rd

6

Highland View Elementary School

Public District KG-5

0.8 mi

9010 Providence Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $84,228. The most common annual income of people living in Silver Spring, MD is between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is post secondary degree.

How much money do the neighbors make?

21%
<35k
42%
35k-100k
30%
100k-200k
7%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree
Doctorate

What types of families live nearby?

52%
Single, No Kids
12%
Single, with Kids
16%
Married, No Kids
20%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

15%
<11 yrs old
7%
12-17 yrs old
27%
18-34 yrs old
44%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Major League Soccer (MLS)Major League Soccer (MLS)
  • Music ConcertsMusic Concerts
  • Live TheatreLive Theatre

Where do the neighbors shop?

  • Banana RepublicBanana Republic
  • H&MH&M
  • BloomingdalesBloomingdales

Where do the neighbors go to eat?

  • Jack In The BoxJack In The Box
  • ChipotleChipotle
  • Boston MarketBoston Market

What do the neighbors drive?

  • ToyotaToyota
  • VolkswagenVolkswagen
  • MercedesMercedes

What do the neighbors listen to?

  • JazzJazz
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • NewsNews
All data provided by Home Junction and Claritas

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Frequently asked questions

About 8216 Nolte Ave

The listing price of 8216 Nolte Ave property is $825,000.

The property 8216 Nolte Ave is a house located in Silver Spring, Maryland, 20910.

Active Listing: 8216 Nolte Ave is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 8216 Nolte Ave are: East Silver Spring Elementary School (GreatSchools Rating 6/10), Sligo Creek Elementary School (GreatSchools Rating 6/10), Highland View Elementary School (GreatSchools Rating 6/10), Silver Spring International Middle School (GreatSchools Rating 5/10), Takoma Park Middle School (GreatSchools Rating 8/10), Eastern Middle School (GreatSchools Rating 5/10), Montgomery Blair High School (GreatSchools Rating 5/10), District of Columbia International School (GreatSchools Rating 7/10), Coolidge High School (GreatSchools Rating 4/10).

According to the records, the last property tax for 2024 is $9,535 (source: MLS/based on county public records data).

The last sale was on January 29, 2007 for $640,000 (source: MLS/tax record).

The property at 8216 Nolte Ave has 7 bedrooms and 5 bathrooms.

The sq. ft. of 8216 Nolte Ave is not available (source: MLS/tax record).

The year of construction for 8216 Nolte Ave is 1943.

This home is located at 8216 Nolte Ave in Silver Spring, MD and zip code 20910 in the East Silver Spring neighborhood. Features: 7 bedrooms, 5 bathrooms. It has been listed on Rocket Homes since May 3, 2025 and is currently priced at $825,000.

From Rocket Homes Real Estate and based on county public records data.

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