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.
Multi-familyProperty Type
1943Year Built
0.26 acresLot Size
Listed by Alexi Faraco• United Real Estate
•703-665-3544 (broker)
•zhanneta@unitedrealestate.com (broker)
Bought with Ronnie Brown• Anchor Realty International
Multi unit house. The units need some work. Carpet has been replaced in most of the units.
1 year ago• May not reflect the current state of the home
Marla Legum
Redfin Associate agent
Sale history for 8216 Nolte Ave
Date
Event
Price
BRIGHT MLS #MDMC2178764
Nov 20, 2025
Sold
$842,000
Nov 6, 2025
Pending
—
May 22, 2025
Contingent
—
May 2, 2025
Listed
$825,000
BRIGHT MLS #MDMC2178750
Nov 6, 2025
Listing Removed
—
May 22, 2025
Contingent
—
May 2, 2025
Listed
$825,000
BRIGHT MLS #1008224856
Aug 5, 2016
Listing Removed
—
Aug 4, 2016
Listed
$750,000
Public Records
Jan 29, 2007
Sold
$640,000
Public Records
Nov 20, 2000
Sold
$265,000
Public Records
Oct 4, 1993
Sold
$140,000
Public Records
Dec 16, 1991
Sold
$189,982
Year
Property tax
Land + Additions
Assessment*
2025
$10,142 (+6.4%)
2024
$9,535 (+4.2%)
2023
$9,150 (+8.2%)
$592,000 + $114,800
$706,800
2022
$8,453 (+6.0%)
2021
$7,971 (+2.3%)
2020
$7,789 (+1.9%)
$592,000 + $33,700
$625,700
2019
$7,642 (+11.8%)
2018
$6,834 (−1.7%)
$563,800 + $36,200
$600,000
2017
$6,954 (−7.5%)
$563,800 + $36,200
$600,000
2015
$7,520 (−7.9%)
2014
$8,168 (+5.6%)
2013
$7,735 (+15.1%)
2012
$6,720 (+17.2%)
2011
$5,735
2010
$5,735 (+82.7%)
2009
$3,140
Tax history for 8216 Nolte Ave
Year
Property tax
Land + Additions
Assessment*
2025
$10,142 (+6.4%)
2024
$9,535 (+4.2%)
2023
$9,150 (+8.2%)
$592,000 + $114,800
$706,800
2022
$8,453 (+6.0%)
2021
$7,971 (+2.3%)
2020
$7,789 (+1.9%)
$592,000 + $33,700
$625,700
2019
$7,642 (+11.8%)
2018
$6,834 (−1.7%)
$563,800 + $36,200
$600,000
2017
$6,954 (−7.5%)
$563,800 + $36,200
$600,000
2015
$7,520 (−7.9%)
2014
$8,168 (+5.6%)
2013
$7,735 (+15.1%)
2012
$6,720 (+17.2%)
2011
$5,735
2010
$5,735 (+82.7%)
2009
$3,140
*Taxable value of land and structures on it ("additions") is determined regularly by local assessors and does not affect market price.
Public record
Public record
Zoning
Permits
Beds
—
Baths
—
Stories
—
Lot width
—
Lot depth
—
Lot size
0.26 Acres
Year renovated
—
Sq. Ft.
—
Year built
—
Style
Multi-Family (5+ Unit)
County
Montgomery County
APN
13 00990341
Parking Spaces
—
Basement
—
Accessible
—
HOA Dues
—
Garage
—
Features
—
Last updated by owner on Jul 18, 2026.
R-10
Residential Multi-Unit High Density - 10 Zone
The intent of the R-10 zone is to provide designated areas of the County for higher-density, multi-unit residential uses. The predominant use is residential in an apartment building, although detached house, duplex, and townhouse building types are allowed.
Permitted uses
Include but are not limited to:
Assembly/ meeting place
Housing-Single unit
Housing-Multiple units
Housing-Senior
Infrastructure
Public service
Transportation-Other
Park & open space
Mar 13, 2026 • Active
Electrical
Electrical
May 26, 2009 • Active
Mechanical
HVAC
Permit history is from public records and may be incomplete or inaccurate. Redfin and its agents make no representations about the property condition or permit status. Buyers should independently verify all information.
Property details
Interior
Interior Information
Interior Features: Kitchen - Galley
Living Area Sq.Ft. Source: Estimated
Basement Information
Basement: Yes
Side Entrance, Walkout Stairs
Multi Unit Information
# of One Bedroom Units: 2
# of Two Bedroom Units: 1
# of Three Bedroom Units: 1
Exterior
Property Information
Total Below Grade Sq. Ft.: 0
Front Foot Fee Payment Frequency: Annually
Improvement Assessed Value: $119,100
Ownership Interest: Fee Simple
Year Built Source: Estimated
Building Information
Building Name: 8216 NOLTE
# of Units (Total): 4
Construction Materials: Brick
Other Structures: Above Grade, Below Grade
Roof: Asphalt
Lot Information
Tidal Water: No
Land Information
Land Assessed Value: $663,100
Above Grade Information
Finished Sq.Ft. Source: Estimated
Below Grade Information
Unfinished Sq.Ft. Source: Estimated
Finished Sq.Ft. Source: Estimated
Financial
Tax Information
County Tax: $8,137
Tax Assessed Value: $731,933
Tax Year: 2024
Tax Annual Amount: $9,535
Assessments Information
Special Assessment Payment: Annually
Year Assessed: 2025
Utilities
Utilities Information
Central Air
Cooling Type: Central A/C
Cooling Fuel: Natural Gas
Forced Air
Heating Fuel: Natural Gas
Hot Water: Natural Gas
Sewer Septic: Public Sewer
Water Source: Public
Location
School Information
School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS
School District Source: Listing Agent
Location Information
Outside City Limits
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.
Public facts
Beds: —
Baths: —
Sq. Ft.: —
Stories: —
Lot Size: 0.26 acres
Style: Multi-Family (5+ Unit)
Year Built: —
Year Renovated: —
County: Montgomery County
APN: 13 00990341
Home facts updated by county records on Jul 18, 2026
Around this home
Schools
East Silver Spring Elementary School
Public PreK-5 • Assigned • 0.1mi
7/10
Takoma Park Middle School
Public 6-8 • Assigned • 0.6mi
9/10
Montgomery Blair High School
Public 9-12 • Assigned • 1.7mi
6/10
Provided by GreatSchools
Lifestyle
Provided by Walk Score and Local Logic
Local insights from Redfin agents
Downtown Silver Spring, MD, is known for its vibrant mix of shopping, dining, and entertainment options, including venues like The Fillmore and the AFI Silver Theatre. It also features a walkable urban center with Metro, events, festivals, and a...