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Takoma Park, MD Apartment Buildings for Sale

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6 properties
Takoma Park Multifamily Investment Opportunity
Updated: May 30
Takoma Park Multifamily Investment Opportunity

8009 GARLAND Avenue, Takoma Park, MD 20912

$875,000
2,300 sqft 0.18 AC lot
5‑unit Tudor/Cape Cod‑style property built in 1942 with an approx. 2,300 sq ft interior
Located on a 7,836 sq ft corner lot backing to Long Branch Park
Fully occupied with multiple apartment styles; each unit is separately metered for electricity (5 meters)
Heating: forced air; cooling: window unit(s); appliances include refrigerator, washer, stove, and dryer
Recent updates include roof, wall paint, new carpeting, and a custom arched entry door
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Takoma Park Multifamily Investment Opportunity
Updated: Mar 20
Takoma Park Multifamily Investment Opportunity

700-A CHANEY Drive, Takoma Park, MD 20912

$549,000
3,500 sqft 0.18 AC lot
Directly backs to Sligo Creek Park, providing residents with immediate access to scenic trails and green space.
Located in the heart of Takoma Park, close to shops, restaurants, and community offerings.
Features a mix of four one‑bedroom and one two‑bedroom apartments, all currently occupied by professional tenants, ensuring a steady income stream.
Presents a value‑add opportunity through strategic rent adjustments and expense management.
Offers ample parking and additional storage for tenant convenience.
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Takoma Park Multifamily Investment
Takoma Park Multifamily Investment

700 Chaney Drive, Takoma Park, MD 20912

$549,000
3,500 sqft

Five-unit apartment building in Takoma Park near Sligo Creek.

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Takoma Park 5-Unit Apartment Building
Takoma Park 5-Unit Apartment Building

921 PROSPECT St, Takoma Park, MD 20912

$1,350,000

All-brick 5-unit apartment building near Long Branch Stream Valley Park.

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Five-Unit Tudor Multifamily
Five-Unit Tudor Multifamily

8009 Garland Ave, Takoma Park, MD 20912

$875,000
2,300 sqft

Turnkey five-unit property fully occupied with separate electric meters, recent updates, and a corner-lot setting backing Long Branch Park.

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Multifamily Property in Takoma Park
Multifamily Property in Takoma Park

8512 GLENVIEW Ave, Takoma Park, MD 20912

$997,000

Fully occupied multifamily property requiring complete renovation in Takoma Park.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 6 Active listings in Takoma Park, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 66 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

New Construction Mixed-Use Development
New Construction Mixed-Use Development

325 VINE ST NW, Washington, DC 20012

Contact for pricing
0.43 AC lot

New construction delivering in 2026 with residential units, mixed-use commercial space, and dedicated parking in NW Washington, DC.

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New Mixed-Use Development Opportunity
New Mixed-Use Development Opportunity

325 VINE St NW, Washington, DC 20012

Contact for pricing
150,000 sqft

New construction mixed-use development in prime Takoma Park location.

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Contiguous Multifamily Portfolio for Sale
Contiguous Multifamily Portfolio for Sale

8201 Schrider Street, Silver Spring, MD 20910

$3,490,000
19,044 sqft

Three well-maintained multifamily properties offer a favorable unit mix and strong resident convenience features.

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University Blvd Multifamily Investment Opportunity
University Blvd Multifamily Investment Opportunity

1021 University Blvd E, Silver Spring, MD 20903

$2,900,000

Six updated units near Purple Line stop with income potential.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Central Business Zoned Development Land
Central Business Zoned Development Land

107 HOWARD Street, La Plata, MD 20646

$250,000
0.23 AC lot

Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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Land Near Shepherd University
Land Near Shepherd University

8285 MARTINSBURG Pike, Shepherdstown, WV 25443

$650,000
3.70 AC lot

Prime land near Shepherd University with development potential.

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Brooklyn Two-Family Home with Development Potential
Brooklyn Two-Family Home with Development Potential

69 Martense Street, Brooklyn, NY 11226

$1,888,888
2,660 sqft 0.10 AC lot

Two-family home on a large lot with significant development potential.

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Asheville Development Opportunity: 5.94 Acres
Asheville Development Opportunity: 5.94 Acres

215 N Bear Creek Road, Asheville, NC 28806

$2,500,000
5.94 AC lot

5.94-acre parcel zoned RM6, ideal for multi-family development.

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Off-Market Properties in Takoma Park, MD

Consider similar Off-Market properties in Takoma Park, MD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

7520 Maple Ave
APARTMENT HOUSE (100+ UNITS)

7520 Maple Ave, Takoma Park, MD 20912-4904

$15,630,000
Estimated value
132,714 sqft 1.79 AC lot
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228 Mnr Cir
APARTMENT HOUSE (5+ UNITS)

228 Mnr Cir, Takoma Park, MD 20912-4556

$855,000
Estimated value
3,516 sqft 0.21 AC lot
View details
256 Mnr Cir
APARTMENT HOUSE (UNDER 5 UNITS)

256 Mnr Cir, Takoma Park, MD 20912-4551

$1,000,000
Estimated value
5,928 sqft 0.17 AC lot
View details
6624 Poplar Ave
APARTMENT HOUSE (5+ UNITS)

6624 Poplar Ave, Takoma Park, MD 20912-4875

$685,000
Estimated value
2,486 sqft 0.19 AC lot
View details
835 Fairview Ave
APARTMENT HOUSE (5+ UNITS)

835 Fairview Ave, Takoma Park, MD 20912-5990

$730,000
Estimated value
4,140 sqft 0.17 AC lot
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403 Clayborn Ave
APARTMENT HOUSE (UNDER 5 UNITS)

403 Clayborn Ave, Takoma Park, MD 20912-6752

$615,000
Estimated value
3,045 sqft 0.12 AC lot
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250 Mnr Cir
APARTMENT HOUSE (5+ UNITS)

250 Mnr Cir, Takoma Park, MD 20912-4559

$1,025,000
Estimated value
6,612 sqft 0.27 AC lot
View details
7803 Lockney Ave
APARTMENT HOUSE (UNDER 5 UNITS)

7803 Lockney Ave, Takoma Park, MD 20912-7435

$685,000
Estimated value
1,680 sqft 0.17 AC lot
View details
60 Pne Ave
APARTMENT HOUSE (5+ UNITS)

60 Pne Ave, Takoma Park, MD 20912

$1,105,000
Estimated value
4,842 sqft 0.32 AC lot
View details
8212 Houston Ct
APARTMENT HOUSE (UNDER 5 UNITS)

8212 Houston Ct, Takoma Park, MD 20912-6238

$730,000
Estimated value
3,060 sqft 0.14 AC lot
View details
8308 Eastridge Ave
APARTMENT HOUSE (5+ UNITS)

8308 Eastridge Ave, Takoma Park, MD 20912-6759

$595,000
Estimated value
3,840 sqft 0.16 AC lot
View details
208 Lincoln Ave
APARTMENT HOUSE (UNDER 5 UNITS)

208 Lincoln Ave, Takoma Park, MD 20912-5739

$805,000
Estimated value
2,926 sqft 0.11 AC lot
View details
908 Hudson Ave
APARTMENT HOUSE (5+ UNITS)

908 Hudson Ave, Takoma Park, MD 20912-6810

$1,035,000
Estimated value
3,534 sqft 0.15 AC lot
View details
7312 Carroll Ave
APARTMENT HOUSE (UNDER 5 UNITS)

7312 Carroll Ave, Takoma Park, MD 20912-4514

$655,000
Estimated value
1,158 sqft 0.08 AC lot
View details
8314 Garland Ave
APARTMENT HOUSE (5+ UNITS)

8314 Garland Ave, Takoma Park, MD 20912-6716

$1,075,000
Estimated value
3,654 sqft 0.17 AC lot
View details
714 Erie Ave
APARTMENT HOUSE (5+ UNITS)

714 Erie Ave, Takoma Park, MD 20912-6360

$800,000
Estimated value
3,634 sqft 0.19 AC lot
View details
8208 Houston Ct
APARTMENT HOUSE (5+ UNITS)

8208 Houston Ct, Takoma Park, MD 20912-6240

$760,000
Estimated value
6,160 sqft 0.19 AC lot
View details
8208 Greenwood Ave
APARTMENT HOUSE (UNDER 5 UNITS)

8208 Greenwood Ave, Takoma Park, MD 20912-6891

$645,000
Estimated value
3,180 sqft 0.18 AC lot
View details

Takoma Park, MD Apartment Buildings Market Trends and Statistics

Explore 72 apartment buildings for sale in Takoma Park, MD, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 11,600 square feet of properties for sale, with an estimated market value of $2,874,000.

Sale prices for two-family homes in Takoma Park, MD start at $549,000, averaging $718,500, and reaching up to $875,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Demographics Overview

Population 63K
Population Growth (5Y) +0.1%
Median Household Income $108,888
College Educated 56.5%

High-Yield Neighborhoods for Investment

Identify Takoma Park submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
20912 $854.8K

Taxes & Financing

Tax Rate (average for all types) 1.35%
Property Tax per SF $4.25 per SF
Tax Rate vs County Average 0.23 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Montgomery County

New Delisted

Total CRE Inventory on Market (SF)

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