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    Beltsville, MD Hyattsville, MD College Park, MD Burtonsville, MD Takoma Park, MD Wheaton, MD Spencerville, MD Laurel, MD
    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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    • Est. Cap Rate

      9%
      Above avg (5.9%)

    • Est. NOI

      $50K
      Annual

    • Price @ 7% Cap

      $708K
      Above asking

    • Property Type

      Townhouse
      Built 1950
    View Property Analytics
    Based on your search, we've compiled 5 Potential Opportunities for your consideration. Besides 1 Active listings in Silver Spring, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities

    Opportunities in Nearby Cities

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

    Renovated Three-Unit Multifamily
    Renovated Three-Unit Multifamily

    903 MISSOURI Avenue NW, Washington, DC 20011

    $724,990
    1,824 sqft 0.03 AC lot

    Updated triplex with enclosed flex spaces, contemporary finishes, and a fenced backyard.

    View details
    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.

    View details
    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.

    View details
    Mixed-Use Building with Ground Storefront
    Mixed-Use Building with Ground Storefront

    36033605 Georgia Avenue NW, Unit 3, Washington, DC 20010

    $1,400,000

    Three residential units above a ground-level storefront offer diversified occupancy with a clean, tenant-ready start.

    View details

    Silver Spring, MD Triplexes Market Trends and Statistics

    Explore 1 triplexes for sale in Silver Spring, MD on our real estate platform. These investment opportunities span a total of 3,000 square feet of properties for sale, with an estimated market value of $550,000.

    Sale prices for three-family homes in Silver Spring, MD average $550,000 — 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

    Apartment buildings 5
    Quadplexes 1
    Small apartment buildings 1
    Triplexes 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
    20910 $1.1M

    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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