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    12220 CENTERHILL St Silver Spring, MD 20902

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    For Sale
    $585,000

    Multifamily property with rental income potential in Silver Spring, MD.

    Type:Investment
    Property size:
    3,100 SF
    Added:
    Apr 28, 2026
    Days on Market:
    1
    Last Refresh:
    Apr 28 at 1:51 am

    Property Features for 12220 CENTERHILL St

    General Information

    Standard status
    Active
    Size
    3,100 SF
    Property subtype
    Investment

    Building Details

    Year Built
    1950

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    Listing Contact
    Jan Rivera

    Listing agent Jan Rivera License #314567

    Listing office CASAS Real Estate, Inc.

    Listing date Apr 28, 2026

    Source Elliman

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    All listing content including descriptions, pricing, images are the copyrighted material of CASAS Real Estate, Inc.


    Overview

    Turnkey Silver Spring Multifamily Property

    This multifamily property in Silver Spring, MD, presents a turnkey operation for investors or owner-occupants. The property features three units: a main house and two studio apartments. One studio is currently rented, while the other studio and the main house are available. The two studio apartments open onto a deck in the backyard. The main house includes a balcony with French doors leading to the dining room. The backyard features a cabana with a fireplace. The master suite has two walk-in closets and an electric fireplace. Upstairs, there are two linen closets and a black and white ceramic tile bathroom with a black tile floor. The kitchen was renovated during 2020-2021 with granite countertops, stainless steel appliances, and upgraded cabinets. The living room, dining room, and kitchen have an open-concept layout. Blonde hardwood flooring was installed on the first floor in 2010. Around 2012, the unfinished basement was finished with a snack bar in the bedroom area, two bedrooms (one with a walk-in closet), and a full bath with a ceramic shower stall. The rear portion of the basement was converted into a studio apartment with a bedroom and bath, and the back of the first floor was partitioned off to create another studio apartment with a bedroom, full bath with a ceramic shower, and a kitchenette. The property includes decorative built-in shelving, a wine glass holder above the snack bar, exterior lighting along the brick walkway, a wrought iron gate, a producing apple tree, and a stick-built shed. The studios were remodeled 2 years ago, the master bedroom was renovated in 2012, the hot water heater is 3 years old, the furnace is 4 years old, and the pitched roof is 2 years old. The entire home has 3100 sq. feet of living space. The property is located within walking distance to a bus stop and a longer walk to both Glenmont and Wheaton metro stations, and is a few blocks from Wheaton HS and Vocational School. The property is being sold AS IS.
    Location Intelligence

    Current Use by Public Records

    Multifamily properties

    Suggested Use

    Law Firm Restaurant Real Estate Agency Spa & Massage Center Dental Office Hair Salon Nail Salon Food Market Grocery & Convenience Store Gym & Fitness Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Silver Spring
    County
    Montgomery
    State
    Maryland
    Longitude
    -77.0697339
    Latitude
    39.0559206

    FAQs

    What type of property is this?
    Multifamily property - Multifamily property with rental income potential in Silver Spring, MD.
    Where is this multifamily property located?
    The property is located at 12220 CENTERHILL St Silver Spring, MD.
    What is the asking price?
    The asking price for this property is $585,000.
    What are key features of this property?
    This property features: Turnkey investment opportunity with three units (main house and two studios) offering immediate rental income potential (studios rent for over $1100 each).; Flexible zoning allows owner occupants to rent two units without licensing, while investors can license any two of the three units.; Main house features a renovated kitchen (2020‑2021) with granite and stainless steel, open concept living space, and a master suite with two walk‑in closets and an electric fireplace.
    More about this property
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