Residential Income

Silver Spring, MD Residential Income Properties for Sale

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Renovated Triplex with Outdoor Space
Updated: Jun 20
Renovated Triplex with Outdoor Space

12220 CENTERHILL Street, Silver Spring, MD 20902

$550,000
3,000 sqft 0.08 AC lot
3,000‑square‑foot triplex with 6 bedrooms and 4 full bathrooms
Major renovations completed in 2024, including the back studio and roof
Main‑level kitchen updated between 2020 and 2022 with granite countertops and stainless steel appliances
Fully finished basement includes 2 bedrooms, including 1 with a walk‑in closet, plus a full bathroom
Private concrete driveway accommodates up to 3 vehicles
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This listing looks promising.

Here's a quick look at some key insights for

12220 CENTERHILL Street, SILVER SPRING, MD 20902

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Residential Income Property with Balcony
Updated: Aug 11
Residential Income Property with Balcony

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

$315,000
Three‑bedroom, two‑bath condominium in a building constructed in 1966
Private balcony extending along the length of the residence
Monthly condo fee includes all utilities
One assigned garage parking space plus overflow parking
Updated kitchen and upgraded wood flooring in the owner’s suite
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Updated Residential Income Property
Updated Residential Income Property

3934 BEL PRE RD #3934-3, Silver Spring, MD 20906

$235,000

Lower-level condominium with renovated finishes and utilities covered through the monthly condominium fee.

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Contiguous Multifamily Portfolio for Sale
Contiguous Multifamily Portfolio for Sale

8201 Schrider Street, Silver Spring, MD 20910

Contact for pricing
19,044 sqft

Three well-maintained multifamily properties offer a favorable unit mix and strong resident convenience features.

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Refreshed Residential Income Property
Refreshed Residential Income Property

3330 N LEISURE WORLD BLVD #5-102, Silver Spring, MD 20906

$299,900

Two-bedroom residence with updated finishes, a sunroom, assigned parking, and access to extensive Leisure World amenities.

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Renovated Residential Income Property
Renovated Residential Income Property

3974 BEL PRE RD #3974-6, Silver Spring, MD 20906

$219,000

Updated condo offers in-unit laundry and utility-inclusive condo fees.

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Residential Income Property with Balcony
Residential Income Property with Balcony

3378 CHISWICK CT #52-3E, Silver Spring, MD 20906

$88,500

One-bedroom co-op residence with fresh paint, new carpeting, and a glass-enclosed balcony in a gated active-adult community.

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University Blvd Multifamily Investment Opportunity
University Blvd Multifamily Investment Opportunity

1021 University Blvd E, Silver Spring, MD 20903

$2,900,000

Six updated units near Purple Line stop with income potential.

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Two 5-Story Apartment Buildings
Two 5-Story Apartment Buildings

714 Sligo Ave, Silver Spring, MD 20910

Contact for pricing

Portfolio includes two five-story apartment buildings totaling 107 units and 119 surface parking spaces.

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Based on your search, we've compiled 80 Potential Opportunities for your consideration. Besides 9 Active listings in Silver Spring, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 63 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

Opportunities in Nearby Cities

Here are 4 Similar properties we found in Nearby Locations for your consideration.

Renovation-Needed 2BR Condo
Renovation-Needed 2BR Condo

12411 BRAXFIELD COURT #533, Rockville, MD 20852

$180,000
1,007 sqft

2-bedroom, 1-bath condo sold as-is, with a private balcony and utilities included in a fixed monthly fee.

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Renovated 3-Unit Brick Colonial
Renovated 3-Unit Brick Colonial

8511 Flower Avenue, Takoma Park, MD 20912

$925,000
2,712 sqft

Newly renovated 3-unit brick colonial with three independent apartments and separate gas/electric meters.

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Renovated 3-Unit Brick Colonial
Renovated 3-Unit Brick Colonial

8511 Flower Avenue, Takoma Park, MD 20912

Contact for pricing
2,712 sqft

Newly renovated three-unit residential income property with separate entrances, utilities, and attached three-bay garage parking.

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Updated Two-Bedroom Condominium
Updated Two-Bedroom Condominium

5821 INMAN PARK CIR #350, Rockville, MD 20852

$445,000

Two full baths, a half bath, and pond-facing views complement the refreshed interior.

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Potential Development Sites for Consideration

Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

Silver Spring Residential Land Opportunity
Silver Spring Residential Land Opportunity

15330 HILDEGARD Ln, Silver Spring, MD 20905

$300,000
1.01 AC lot

Two adjacent lots totaling 1.006 acres in Silver Spring.

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Georgia Avenue NW Land Parcel
Georgia Avenue NW Land Parcel

5331 GEORGIA Ave NW, Washington, DC 20011

$229,999

MU-4 zoned land parcel in rapidly developing area.

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Residential Land in Spencerville, MD
Residential Land in Spencerville, MD

2307 SPENCERVILLE Road, Spencerville, MD 20868

$248,000
1.45 AC lot

1.45 acre residential lot suitable for custom home construction.

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Crestwood Land Near Rock Creek
Crestwood Land Near Rock Creek

4613 COLORADO Avenue NW, Washington, DC 20011

$749,000
0.12 AC lot

Land in Crestwood neighborhood with approved variance for home.

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Off-Market Properties in Silver Spring, MD

Consider similar Off-Market properties in Silver Spring, MD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

8616 2nd Ave
APARTMENT HOUSE (100+ UNITS)

8616 2nd Ave, Silver Spring, MD 20910-3786

$96,800,000
Estimated value
290,544 sqft 1.75 AC lot
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8455 Fenton St, Unit RU
APARTMENT HOUSE (100+ UNITS)

8455 Fenton St, Silver Spring, MD 20910-4995

Unit RU
$72,785,000
Estimated value
215,660 sqft
View details
714 Sligo Ave
APARTMENT HOUSE (5+ UNITS)

714 Sligo Ave, Silver Spring, MD 20910-4769

$15,975,000
Estimated value
55,338 sqft 1.10 AC lot
View details
12801 Old Columbia Pike
APARTMENT HOUSE (5+ UNITS)

12801 Old Columbia Pike, Silver Spring, MD 20904-5249

$13,640,000
Estimated value
94,512 sqft 3.71 AC lot
View details
735 Sligo Ave
APARTMENT HOUSE (5+ UNITS)

735 Sligo Ave, Silver Spring, MD 20910-4771

$7,135,000
Estimated value
66,604 sqft 1.38 AC lot
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605 Sligo Ave
APARTMENT HOUSE (5+ UNITS)

605 Sligo Ave, Silver Spring, MD 20910

$15,990,000
Estimated value
77,105 sqft 0.68 AC lot
View details
8115 Schrider St
APARTMENT HOUSE (5+ UNITS)

8115 Schrider St, Silver Spring, MD 20910-4635

$1,255,000
Estimated value
8,521 sqft 0.21 AC lot
View details
626 Silver Spg Ave
APARTMENT HOUSE (UNDER 5 UNITS)

626 Silver Spg Ave, Silver Spring, MD 20910-4659

$700,000
Estimated value
3,108 sqft 0.16 AC lot
View details
11600 Lockwood Dr
APARTMENT HOUSE (100+ UNITS)

11600 Lockwood Dr, Silver Spring, MD 20904-2301

$22,845,000
Estimated value
142,400 sqft 7.68 AC lot
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11601 Lockwood Dr
APARTMENT HOUSE (100+ UNITS)

11601 Lockwood Dr, Silver Spring, MD 20904-2304

$24,320,000
Estimated value
142,400 sqft 10.02 AC lot
View details
1545 Falkland Ln
APARTMENT HOUSE (100+ UNITS)

1545 Falkland Ln, Silver Spring, MD 20910-2821

$39,520,000
Estimated value
167,440 sqft 6.97 AC lot
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8305 Falkland Ln
APARTMENT HOUSE (100+ UNITS)

8305 Falkland Ln, Silver Spring, MD 20910

$38,385,000
Estimated value
168,000 sqft 8.34 AC lot
View details
1600 Ew Hwy
APARTMENT HOUSE (100+ UNITS)

1600 Ew Hwy, Silver Spring, MD 20910-3009

$27,360,000
Estimated value
111,423 sqft 6.29 AC lot
View details
4208 Hewitt Ave
APARTMENT HOUSE (5+ UNITS)

4208 Hewitt Ave, Silver Spring, MD 20906

Value Estimation by Request
103,200 sqft 3.96 AC lot
View details
3020 Hewitt Ave
APARTMENT HOUSE (5+ UNITS)

3020 Hewitt Ave, Silver Spring, MD 20906-3154

Value Estimation by Request
86,400 sqft 2.12 AC lot
View details

Silver Spring, MD Residential Income Properties Market Trends and Statistics

Explore 72 residential income properties for sale in Silver Spring, MD, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 22,044 square feet of properties for sale, with an estimated market value of $4,607,400.

Sale prices for residential income properties in Silver Spring, MD start at $88,500, averaging $658,200, and reaching up to $2,900,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Multifamily properties 7
Apartment buildings 5
Single family properties 2
Quadplexes 1
Small apartment buildings 1

Demographics Overview

Population 333K
Population Growth (5Y) +0.9%
Median Household Income $103,205
College Educated 34.3%

High-Yield Neighborhoods for Investment

Identify Silver Spring submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
20902 $580K
20901 $805K
20905 $895.8K
20903 $2.9M
20910 $5.8M

Taxes & Financing

Tax Rate (average for all types) 1.07%
Property Tax per SF $6.71 per SF
Tax Rate vs County Average 0.01 pp below county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Montgomery County

New Delisted

Total CRE Inventory on Market (SF)

Property Size Breakdown

The majority of commercial real estate listings in Silver Spring fall within the 10,000 to 25,000 square foot range.

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