4-Unit Brick Apartment
New
For Sale
$760,000
8815 GLENVILLE Road, Silver Spring, MD 20901
Multi-Family, SILVER SPRING, MD
Property Size3,600 SF
Lot Size0.08 Acres
Price / SF$211.11
Days on Market5
Property Features for 8815 GLENVILLE Road
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Rooms
Basement
Parking features
Off Street, Offsite, Alley
Elementary school district
MONTGOMERY COUNTY PUBLIC SCHOOLS
Middle school district
MONTGOMERY COUNTY PUBLIC SCHOOLS
High school district
MONTGOMERY COUNTY PUBLIC SCHOOLS
Standard status
Active
Size
3,600 SF
Lot size
0.08 Acres
Taxes and HOA fees
Tax Annual Amount
6543
Utilities
Cooling system
Window Unit(s)
Building Details
Year built
1953
Number of units
4
Building materials
Brick
Architectural style
Other
Listing Agency:
Weichert, REALTORS
(301) 540-1330
Listed By:
Azeb Teklay · License #680624
(301) 633-2652
Added: Oct 1
Last Checked: Oct 5 at 9:06PM
MLS# MDMC2258444
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.
This 1953 brick apartment property contains four units totaling 3,600 square feet. The mix consists of three two-bedroom apartments and one one-bedroom apartment. Cooling is provided by window units, and the property has a basement.
The building is one block from the Purple Line Metro, which is under construction, and has access to University Boulevard and Piney Branch Road. Parking options include off-street spaces and alley access.
The building is one block from the Purple Line Metro, which is under construction, and has access to University Boulevard and Piney Branch Road. Parking options include off-street spaces and alley access.
Key Highlights
- Four apartments: three two‑bedroom units and one one‑bedroom unit
- 3,600 square feet in a 1953 brick building
- One block from the Purple Line Metro, currently under construction
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$68,314
Cap Rate
8.99%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$1,366,280
$1.4M
Cap Rate 7%
$975,914
$975.9K
Cap Rate 9%
$759,044
$759.0K
Market Conditions
NOI Build-Up for 3,600 SF
Gross rent
$104.5K $29.04/SF
− Vacancy
−$7.0K −$1.93/SF
EGI
$97.6K $27.11/SF
− OpEx
−$29.3K −$8.13/SF
NOI
$68.3K $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%
$1,366,280
Cap Rate 7%
$975,914
Cap Rate 9%
$759,044
Alternative Uses
Best Use
Multifamily LT 5
$975.9K
$853.9K – $1.14M
NOI $68,314 @ 7.0% cap · market cap 8.99%
Second Best
Apartment 5plus
$849.1K
$743.0K – $990.7K
NOI $59,440 @ 7.0% cap · market cap 7.82%
Theoretical Best
Specialty Retail
$1.27M
$1.11M – $1.48M
NOI $88,648 @ 7.0% cap · market cap 11.66%
Zoning and permitted uses should be independently verified with authorities.
Property Analytics
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Current Use
Lease Details
4
Residential units
Yes
Paved road access
Location Intelligence
Trade Area within ½ mile
760
Businesses Nearby
Explore this area
Business Placement
Demographics for 20901, MD
36,537
Population
13,783
Households
2.7
Avg Household Size
38
Median Age
56%
College-Educated
90%
High-School Grad
5.3 sq mi
ZIP Area
6,894
Density / Sq Mi
$127,133
Median Household Income
$63,220
Median Earnings
$1,785
Median Rent
$571,300
Median Home Value
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
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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?
Quadplex - Apartments include a mix of one- and two-bedroom layouts.
Where is this quadplex located?
The property is located at 8815 GLENVILLE Road Silver Spring, MD.
What is the asking price?
The asking price for this property is $760,000.
What are key features of this property?
This property features: Four apartments: three two‑bedroom units and one one‑bedroom unit; 3,600 square feet in a 1953 brick building; One block from the Purple Line Metro, currently under construction
