Building Details

Year Built 1951

Construction ranch-style

Listing Agency: Pearl Properties Show Phone

Listed By: Felita A Phillips · License #5267 Show Phone

Source: Exprealty

Added: May 17 Changed: Oct 7 Last Checked: Oct 16 at 12:53PM

Report an Issue

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 Pearl Properties

Ask AI about this property

Review the available facts, identify missing information and prepare questions for the agent.

What should I ask the agent before proceeding? What information is missing from this listing?

Investment Insights

Based on property information with market context.

This detached ranch-style duplex, built in 1951 and subsequently updated, contains two separate living areas totaling 2,100 square feet. The primary residence offers three bedrooms and two full bathrooms, while the additional dwelling includes three bedrooms and one full bathroom. The configuration supports occupying one unit while using the other for guests or rental purposes, or using the entire property as a residence.

Shopping, bus service, and the upcoming Purple Line station are all within walking distance. The property is in Silver Spring, with access to downtown DC and the University of Maryland identified as nearby commuting destinations.

Key Highlights

• Two‑unit detached duplex with 2,100 square feet
• Main residence includes 3 bedrooms and 2 full baths
• Second dwelling offers 3 bedrooms and 1 full bath

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$39,850

Cap Rate

7.95%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$797,000 $797.0K

Cap Rate 7%

$569,286 $569.3K

Cap Rate 9%

$442,778 $442.8K

Is this asking price fair?

Market Conditions

NOI Build-Up for 2,100 SF

Gross rent

$61.0K $29.04/SF

− Vacancy

−$4.1K −$1.93/SF

EGI

$56.9K $27.11/SF

− OpEx

−$17.1K −$8.13/SF

NOI

$39.8K $18.98/SF

Area

Montgomery County, MD

Vacancy

6.65%

Lease Rate

$29.04 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$797,000

Cap Rate 7%

$569,286

Cap Rate 9%

$442,778

Alternative Uses

Best Use

Multifamily LT 5

$569.3K

$498.1K – $664.2K (±1% cap)

NOI $39,850 @ 7.0% cap · market cap 7.95%

Second Best

Apartment 5plus

$495.3K

$433.4K – $577.9K (±1% cap)

NOI $34,674 @ 7.0% cap · market cap 6.92%

Theoretical Best

Specialty Retail

$738.7K

$646.4K – $861.9K (±1% cap)

NOI $51,711 @ 7.0% cap · market cap 10.32%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence

Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Real Estate Agency Building Supply Parking Lot & Garage Cafe & Coffee Shop Storage Facility Big Box & Wholesale Store

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

1,221

Businesses Nearby

Explore this area Business Placement

Demographics for 20903, MD

24,103

Population

7,471

Households

3.2

Avg Household Size

33

Median Age

26%

College-Educated

66%

High-School Grad

3.4 sq mi

ZIP Area

7,089

Density / Sq Mi

$77,349

Median Household Income

$34,318

Median Earnings

$1,831

Median Rent

$467,900

Median Home Value

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

Similar For Sale Nearby

See more

Duplex with Rear Studio

12220 CENTERHILL Street, Silver Spring, MD 20902

$535,000

3,000 SF

View details

Updated Combined Office Suites

8607 2ND AVENUE Unit: 501-A & 502-A, Silver Spring, MD 20910

$595,000

1,936 SF

View details

Professional Building Office Unit

12118 /12120 Heritage Park Cir, Silver Spring, MD 20906

$575,900

1,750 SF

View details

Silver Spring Office Unit

11303 Amherst Ave #2, Silver Spring, MD 20902

$475,000

1,492 SF

View details

Residential Income Property with Balcony

9610 DEWITT DRIVE Unit: SH203, Silver Spring, MD 20910

$499,000

1,408 SF

View details

Residential Income Property with Sunroom

3005 S LEISURE WORLD BLVD S #304, Silver Spring, MD 20906

$310,000

View details

Office Suite with Conference Room

1110 BONIFANT STREET #220, Silver Spring, MD 20910

Contact for pricing

2,091 SF

View details

Reconstructed Three-Level Office Building

836 Bonifant St, Silver Spring, MD 20910

$1,500,000

View details

Residential Income Property with Balcony

2747 LINDEN LANE Unit: 207, Silver Spring, MD 20910

$850,000

View details

Residential Income Property with Balcony

2100 WASHINGTON AVE #9-B, Silver Spring, MD 20910

$315,000

View details

Four-Unit Brick Apartment Building

8815 GLENVILLE Road, Silver Spring, MD 20901

$760,000

3,600 SF

View details

Assisted Living Home For Sale

1701 Maydale Dr, Silver Spring, MD 20905

$799,000

3,584 SF

View details

Frequently Asked Questions

What type of property is this?

Duplex - Two residential units offer flexible living arrangements and potential rental use.

Where is this duplex located?

The property is located at 8411 11th Ave Silver Spring, MD.

What is the asking price?

The asking price for this property is $501,000.

What are key features of this property?

This property features: Two‑unit detached duplex with 2,100 square feet; Main residence includes 3 bedrooms and 2 full baths; Second dwelling offers 3 bedrooms and 1 full bath