Five-Unit Tudor Multifamily
8009 GARLAND Avenue Takoma Park, MD 20912
For Sale
$875,000
MULTI_FAMILY - Tudor, Cape Cod - TAKOMA PARK, MD
Property Size2,300 SF
Lot Size0.18 Acres
Price / SF$380.43
Days on Market62
Property Features for 8009 GARLAND Avenue
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement, Dining Room
Parking features
On Street
Interior features
Entry Level Bedroom, Efficiency, Dining Area
Fireplace
1
Appliances
Refrigerator, Washer, Stove, Dryer
Standard status
Active
Size
2,300 SF
Lot size
0.18 Acres
Taxes and HOA fees
Tax Annual Amount
9298
Utilities
Heating system
Forced Air
Cooling system
Window Unit(s)
Building Details
Year built
1942
Number of units
4
Building materials
Brick, Combination, Stone
Architectural style
Cape Cod, Tudor
Listing Agency:
Coldwell Banker Realty
(410) 224-2200
Listed By:
Elizabeth R Penttinen · License #530087
(443) 306-5050
Added: May 30
Changed: Jul 29
Last Checked: Jul 30 at 1:06AM
MLS# MDMC2237482
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.
A Tudor-style five-unit multifamily property offering approximately 2,300 square feet of living space. The building presents multiple apartment configurations, including two-bedroom units with sunroom (or an alternate third-bedroom layout) and one-bedroom units with sunroom (or alternate second-bedroom layout). Several units feature fireplaces. Each of the five units is separately metered for electricity. Recent updates noted include roof replacement, wall painting, new carpeting, and a custom arched entry door. The property is fully occupied, and current leases must be honored.
The site is described as a corner lot backing to Long Branch Park. The offering includes public water and sewer and gas heat, along with a basement laundry facility and bike storage.
Seller states the property is not subject to Takoma Park city proper rent restrictions. Ownership is indicated as owner-managed, with appliance updates as units turn. Showing availability is described as extremely limited; contact a real estate professional for details.
The site is described as a corner lot backing to Long Branch Park. The offering includes public water and sewer and gas heat, along with a basement laundry facility and bike storage.
Seller states the property is not subject to Takoma Park city proper rent restrictions. Ownership is indicated as owner-managed, with appliance updates as units turn. Showing availability is described as extremely limited; contact a real estate professional for details.
Key Highlights
- Fully occupied 5‑unit Tudor/Cape Cod cottage at 8009 Garland Ave (year built 1942)
- Approx. 2,300 sq ft living space on a 7,836 sq ft corner lot backing to Long Branch Park
- Each unit has separate electricity metering (5) with appliances including refrigerator, stove, washer, and dryer
Financial Insights For Apartment 5plus
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $74.2k | $32.28 |
| − Vacancy | −$5.2k | −$2.26 |
| EGI | $69.0k | $30.02 |
| − OpEx | −$31.1k | −$13.51 |
| NOI | $38.0k | $16.51 |
2,300 SF · lease $32.28/SF/yr · vacancy 7.00% · expense 45.00%
Alternative Uses
Best Use
Apartment 5plus
$542.5K
$474.7K – $632.9K
NOI $37,976 @ 7.0% cap · market cap 4.34%
Second Best
—
—
no second resolved use
Theoretical Best
Specialty Retail
$809.1K
$708.0K – $943.9K
NOI $56,636 @ 7.0% cap · market cap 6.47%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Five fully occupied units feature separate electric meters and recent exterior and interior updates, all on a corner lot.
Where is this apartment building located?
The property is located at 8009 GARLAND Avenue Takoma Park, MD.
What is the asking price?
The asking price for this property is $875,000.
What are key features of this property?
This property features: Fully occupied 5‑unit Tudor/Cape Cod cottage at 8009 Garland Ave (year built 1942); Approx. 2,300 sq ft living space on a 7,836 sq ft corner lot backing to Long Branch Park; Each unit has separate electricity metering (5) with appliances including refrigerator, stove, washer, and dryer
