Multifamily Property in Takoma
For Sale
$997,000
8512 Glenview Ave, Takoma Park, MD 20912
Fully occupied multifamily property requiring complete renovation in Takoma Park.
Property Size8,500 SF
Price / SF$117.29
Days on Market140
Property Features for 8512 Glenview Ave
General Information
Standard status
Active
Size
8,500 SF
Building Details
Year Built
1940
Listing Agency:
Fairfax Realty Premier
Listed By:
Romuald Tchougoue
(301) 592-0200
Source:
Localrealestateleaders
Added: Apr 24
Changed: Sep 6
Last Checked: Sep 9 at 11:41PM
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 Fairfax Realty Premier
Investment Insights
Based on property information with market context.
This is a fully occupied apartment building, presenting an investment opportunity. The property requires complete renovation and is under Montgomery County's Trouble Property program. The building features five apartments, each with two bedrooms and one bath. The property is sold strictly AS IS. The location has a bike score of 62, indicating it is bikeable, a walk score of 51, indicating it is somewhat walkable, and a transit score of 58, indicating good transit options. Additionally, the property includes an extra lot.
Key Highlights
- Fully occupied apartment building with a history of on‑time rent payments.
- Includes an extra lot valued at over $280,000, providing additional equity.
- Features five apartments, each with 2 bedrooms and 1 bath.
Property Analytics
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Current Use
Location Intelligence
Trade Area within ½ mile
1,068
Businesses Nearby
Explore this area
Business Placement
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
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Market
Vacancy Rate% for Multifamily in South region
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Frequently Asked Questions
What type of property is this?
Apartment building - Fully occupied multifamily property requiring complete renovation in Takoma Park.
Where is this apartment building located?
The property is located at 8512 Glenview Ave Takoma Park, MD.
What is the asking price?
The asking price for this property is $997,000.
What are key features of this property?
This property features: Fully occupied apartment building with a history of on‑time rent payments.; Includes an extra lot valued at over $280,000, providing additional equity.; Features five apartments, each with 2 bedrooms and 1 bath.
