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700 Chaney Drive Takoma Park, MD 20912

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For Sale
$575,000

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

Type:Multi-Family / Fee Simple
Property size:
3,500 SF
Added:
Mar 19, 2026
Days on Market:
29
Last Refresh:
Mar 20 at 8:09 pm

Property Features for 700 Chaney Drive

General Information

Standard status
Active
Size
3,500 SF
Property subtype
Multi-Family / Fee Simple

Building Details

Year Built
1940

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Listing Contact
Scott Sachs
Scott Sachs

Listing agent Scott Sachs License #601998

Listing office Long & Foster Real Estate, Inc.

Listing date Mar 19, 2026

Source Compass

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 Long & Foster Real Estate, Inc.


Overview

Takoma Park Multifamily Investment

Located in Takoma Park, Maryland, this five-unit multifamily property offers an investment opportunity. The property contains a mix of four one-bedroom apartments and one two-bedroom apartment. All units are currently occupied by tenants, providing a consistent income stream. The building includes parking and additional storage for tenant convenience. The property backs directly onto Sligo Creek Park, providing residents with access to trails and green space. The property is located a short distance from downtown Takoma Park's shops and restaurants. The building is situated on a tree-lined street. The property is located in Montgomery County and is part of the MONTGOMERY COUNTY PUBLIC SCHOOLS school district. Schools include TAKOMA PARK Elementary and Middle Schools, and MONTGOMERY BLAIR High School. The property size is 3500 square feet.
Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Real Estate Agency Law Firm Restaurant Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Gym & Fitness Center Accounting Firm

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

Location Insight

  • Map
  • Local Demand
City
Takoma Park
County
Montgomery
State
Maryland
Longitude
-76.9986714
Latitude
38.9827578

FAQs

What type of property is this?
Apartment building - Five-unit apartment building in Takoma Park near Sligo Creek.
Where is this apartment building located?
The property is located at 700 Chaney Drive Takoma Park, MD.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: Five‑unit multi‑family property in highly desirable Takoma Park rental market.; Directly backs to Sligo Creek Park, offering access to trails and green space.; Well‑balanced unit mix: four 1‑bedroom and one 2‑bedroom apartments.
More about this property
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