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Four-Unit Brick Quadplex
For Sale
$1,099,000
Pending

7801 Lockney Avenue, Takoma Park, MD 20912

Brick multifamily property with separately metered apartments, balconies, a backyard, and on-site parking.

Property SizeContact for details
Days on Market172

Property Features for 7801 Lockney Avenue

General Information

Standard status Pending
Property subtype Multi-Family / Fee Simple
Zoning R30

Taxes and HOA fees

Annual Taxes $9,637

Amenities

No
No Pool

Building Details

Year Built 1954
Listing Agency: EXP Realty, LLC
Listed By: Deresse Harris · License #626401
Source: Compass
Added: Mar 13 Changed: Aug 30 Last Checked: Aug 31 at 1:25AM

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 EXP Realty, LLC

Investment Insights

Based on property information with market context.

Built in 1954, this brick quadplex contains four two-bedroom, one-bath apartments. Each unit has a large living room, private balcony, and separate utility metering. One apartment is vacant and ready for occupancy or rental, while the remaining units support continued income use. The property also includes a backyard and four parking spaces on a corner lot.

Located at 7801 Lockney Avenue in Takoma Park, the building sits one block from University Boulevard and New Hampshire Avenue, behind Langley Shopping Center. Shopping and dining are within walking distance, and the Purple Line Metro is identified as soon to open nearby. The property is within Montgomery County and is zoned R30.

Key Highlights

  • Four apartments, each with 2 bedrooms and 1 bathroom
  • Separately metered units with large living rooms and private balconies
  • One vacant apartment ready for occupancy or rental

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Big Box & Wholesale Store Garden Center Gym & Fitness Center Storage Facility

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

Location Intelligence

Trade Area within ½ mile

1,631
Businesses Nearby

Demographics for 20912, MD

25,463
Population
10,140
Households
2.5
Avg Household Size
38
Median Age
51%
College-Educated
86%
High-School Grad
2.7 sq mi
ZIP Area
9,431
Density / Sq Mi
$82,097
Median Household Income
$48,447
Median Earnings
$1,452
Median Rent
$671,400
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Quadplex - Brick multifamily property with separately metered apartments, balconies, a backyard, and on-site parking.
Where is this quadplex located?
The property is located at 7801 Lockney Avenue Takoma Park, MD.
What is the asking price?
The asking price for this property is $1,099,000.
What are key features of this property?
This property features: Four apartments, each with 2 bedrooms and 1 bathroom; Separately metered units with large living rooms and private balconies; One vacant apartment ready for occupancy or rental
More about this property
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