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Duplex with Rear Studio
For Sale
$535,000

12220 CENTERHILL Street, Silver Spring, MD 20902

Multi-Family, SILVER SPRING, MD

Property Size3,000 SF
Lot Size0.08 Acres
Price / SF$178.33
Days on Market118
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Property Features for 12220 CENTERHILL Street

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Dining Room, Basement
Parking 3
Parking features Driveway
Interior features Bar, Bathroom - Stall Shower, Bathroom - Tub Shower, Built-Ins, Ceiling Fan(s), Chair Railings, Combination Kitchen/Dining, Crown Moldings, Kitchenette, Recessed Lighting, Upgraded Countertops, Walk-in Closet(s), Wood Floors
Fireplace 1
Appliances Dishwasher, Dryer, Dryer - Electric, ENERGY STAR Refrigerator, Microwave, Oven - Self Cleaning, Oven/Range - Electric, Refrigerator, Stainless Steel Appliances, Stove, Washer, WaterHeater
Subdivision CONNECTICUT AVENUE ESTATES
Elementary school district MONTGOMERY COUNTY PUBLIC SCHOOLS
Middle school district MONTGOMERY COUNTY PUBLIC SCHOOLS
High school district MONTGOMERY COUNTY PUBLIC SCHOOLS
Standard status Active
Size 3,000 SF
Lot size 0.08 Acres

Taxes and HOA fees

Tax Annual Amount 4300

Utilities

Heating system Forced Air
Cooling system Central Air, Ceiling Fan(s), Ductless

Amenities

electric fireplace
deck
cabana
shed
fully finished basement with separate entrance

Building Details

Year built 1950
Number of units 2
Building materials Frame
Architectural style Colonial
Listing Agency: Berkshire Hathaway HomeServices PenFed Realty
Listed By: Erica J Terry · License #597712
Added: Jun 20 Changed: Oct 13 Last Checked: Oct 15 at 3:06PM
MLS# MDMC2241710

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

Investment Insights

Based on property information with market context.

This 3,000-square-foot Colonial duplex sits on a 0.08-acre lot and includes a six-bedroom, four-bathroom main residence plus a separate studio behind the house. The lower level is finished and has its own entrance. The rear studio was remodeled in 2024, and the home has a deck, cabana, shed, and private concrete driveway with space for up to three vehicles.

The kitchen renovation took place from 2020 to 2022 and added granite countertops, stainless steel appliances, and upgraded cabinets. Other improvements include a 2023 water heater and a roof re-shingled in 2024. The property is in Silver Spring, Maryland, and was built in 1950.

Key Highlights

  • 3,000‑square‑foot duplex on a 0.08‑acre lot
  • Six‑bedroom, four‑bathroom main residence with a separate rear studio
  • Finished basement with a separate entrance

Property Analytics

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Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Nail Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units

Location Intelligence

Trade Area within ½ mile

485
Businesses Nearby

Demographics for 20902, MD

52,533
Population
18,759
Households
2.8
Avg Household Size
36
Median Age
47%
College-Educated
83%
High-School Grad
7.6 sq mi
ZIP Area
6,912
Density / Sq Mi
$111,408
Median Household Income
$49,887
Median Earnings
$2,088
Median Rent
$531,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - A separate studio and a finished basement provide additional living areas alongside the main residence.
Where is this duplex located?
The property is located at 12220 CENTERHILL Street Silver Spring, MD.
What is the asking price?
The asking price for this property is $535,000.
What are key features of this property?
This property features: 3,000‑square‑foot duplex on a 0.08‑acre lot; Six‑bedroom, four‑bathroom main residence with a separate rear studio; Finished basement with a separate entrance
More about this property
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