4-Unit Brick Apartment
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 Market28
Property Features for 8815 GLENVILLE Road
General Information
Property type
Residential Multi Family
Property subtype
Quadruplex
Rooms
Basement
Parking features
Off Street, On Street
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
Buildings
1
Listing Agency:
Weichert, REALTORS
(301) 540-1330
Listed By:
Azeb Teklay · License #680624
(301) 633-2652
Added: Oct 1
Changed: Oct 27
Last Checked: Oct 28 at 1:06PM
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.
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Investment Insights
Based on property information with market context.
Built in 1953, this brick apartment property contains four units totaling 3,600 square feet. The layout includes three two-bedroom apartments and one one-bedroom apartment, with a basement room. Cooling is provided by window units, and parking is available both on and off street. The site measures 0.0832 acres.
The property is one block from the Purple Line Metro, which is under construction, and offers access to University Boulevard and Piney Branch Road.
The property is one block from the Purple Line Metro, which is under construction, and offers access to University Boulevard and Piney Branch Road.
Key Highlights
- Four apartments: three two‑bedroom units and one one‑bedroom unit
- 3,600 square feet on 0.0832 acres
- Brick construction; built in 1953
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.
How Realmo checks its estimates
Property Analytics
Who owns this building?
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Lease Details
4
Residential units
Location Intelligence
Trade Area within ½ mile
760
Businesses Nearby
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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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Quadplex - The unit mix comprises three two-bedroom apartments and one one-bedroom apartment.
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 on 0.0832 acres; Brick construction; built in 1953
