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Listed by Nick Dunstan • Coldwell Banker Realty - Washington

$1,150,000

Est. payment - /mo

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2,788 SqFt

New

746 THAYER AVE Silver Spring, MD 20910

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Key Details

Property Type Multi-Family

Sub Type Detached

Listing Status Active

Purchase Type For Sale

Square Footage 2,788 sqft

Price per Sqft $412

MLS Listing ID MDMC2223254

Style Bungalow

Abv Grd Liv Area 1,988

Year Built 1922

Available Date 2026-04-21

Annual Tax Amount $10,820

Tax Year 2025

Lot Size 0.253 Acres

Acres 0.25

Property Sub-Type Detached

Source BRIGHT

Property Description

If you are a forward thinking investor looking for an instant cash flow asset with the long term vision to expand in an ever disappearing property class, this is the property for you! 3 unit Triplex, 11,000 square foot lot and $91,200 in gross income. 746 Thayer, blends historic charm with modern updates just steps to the Metro, shops, and restaurants, boasting a 96 Walk Score.
All 3 units are registered rentals with Montgomery County and are fully occupied with strong tenant retention, reflecting consistent management and care. The main level (Unit 1) features 3 bedrooms and 2 baths with a bay window, arched doorways, coved ceilings, a restored original fireplace, hardwood floors, and a sunroom. Unit 2 the upstairs loft, offers 3 bedrooms and 1 bath, while Unit 3 on the lower level provides a 1-bedroom, 1-bath layout.
The options are endless, just like the massive lot, live in one unit while the others generate income to offset your mortgage, or continue to lease all three for strong cash flow and long-term ROI or exercise a 1031 exchange for a true turnkey operational asset ready to go.
The property includes parking for up to five vehicles and sits on a deep 11,000 sq ft lot with potential for an ADU or future expansion.
Opportunities like this combining scale, location, stability, and upside are exceptionally rare. Act quickly.

Location

State MD

County Montgomery

Zoning R60

Rooms

Basement English

Interior

Hot Water Natural Gas

Heating Radiator

Cooling Window Unit(s)

Fireplaces Number 1

Fireplace Y

Heat Source Natural Gas

Exterior

Garage Spaces 5.0

Water Access N

Accessibility None

Total Parking Spaces 5

Garage N

Building

Lot Description Backs to Trees, Level

Foundation Slab

Above Ground Finished SqFt 1988

Sewer Public Sewer

Water Public

Architectural Style Bungalow

Additional Building Above Grade, Below Grade

New Construction N

Schools

School District Montgomery County Public Schools

Others

Tax ID 161301039321

Ownership Fee Simple

SqFt Source 2788

Special Listing Condition Standard

NEARBY SCHOOL & BUSINESS

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746 THAYER AVE Silver Spring, MD 20910

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Key Details

Location

Rooms

Interior

Exterior

Building

Schools

Others

NEARBY SCHOOL & BUSINESS

GET MORE INFORMATION

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746 THAYER AVE