3501 Rhode Island Ave Mount Rainier, MD 20712
For Sale
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Discover this spacious income-producing triplex, ideally located just minutes from the Metro and steps from the bus depot. The property features two 2BR/1BA units and one efficiency, offering flexible rental or owner-occupant options. Two units are currently occupied, with one vacant and ready for immediate move-in or market-rate leasing (see pictures). Residents enjoy off-street parking, shared laundry, and a private deck on one of the units for added outdoor living space. 2 miles to the Redline. 3.8 miles to the Green line. 3.6 miles to College Park University. Whether you're looking to expand your investment portfolio or live in one unit while renting the others, this property delivers strong potential. This is a rare multi-unit opportunity in a highly sought-after location. Tenant's require 24 hrs notice. bikeScore: 27, Somewhat Bikeable walkScore: 53, Very Walkable transitScore: 59, Good Transit
Cap rate
Implied · in-place · derived from last sale + estimated NOIValue
AI, CAP & Alternative Use estimations · Realmo proprietary blendComparables
6 recent transactions · within 1.5 miComparable in this City
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Property description
Physical attributes from public recordsZoning & alternative use
No recorded transactions found for this property.
Costs & Benchmarks
Operating expenses, capex projections, utility benchmarks, and submarket comparables — all in one view.
Risks
Flood, climate, environmental, title, and tenant-concentration risk — surfaced with mitigations and source citations.