Great Investment Opportunity in Montgomery Village! Don't miss this well-maintained 2-bedroom, 2-bathroom condominium, offering an excellent opportunity for investors looking to expand their real estate portfolio. The property is currently tenant-occupied, generating $1,950 in monthly rental income, including all utilities. The tenant is on a month-to-month lease, providing flexibility for the next owner. Conveniently located near shopping centers, restaurants, public transportation, and everyday amenities, this property offers an attractive combination of location, convenience, and rental income potential. Whether you're an experienced investor or looking to purchase your first investment property, this condo is worth exploring. Schedule your showing today!
For sale
$225,000
18816 Walkers Choice Rd #18816, Gaithersburg, MD 20886
2beds
1,134sqft
Condominium
Built in 1973
-- sqft lot
$224,600 Zestimate®
$198/sqft
$689/mo HOA
What's special
- 18 days
- 142
- 4
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Wilmer Bucarelo 301-252-7400,
Douglas Realty (866) 987-3937,
Listing Team: The Bucas Team
Source: Bright MLS,MLS#: MDMC2259954
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 2
- Main level bedrooms: 2
Basement
- Area: 0
Heating
- Central, Natural Gas
Cooling
- Central Air, Electric
Appliances
- Included: Gas Water Heater
- Laundry: In Unit
Features
- Has basement: No
- Has fireplace: No
Interior area
- Total structure area: 1,134
- Total interior livable area: 1,134 sqft
- Finished area above ground: 1,134
- Finished area below ground: 0
Property
Parking
- Total spaces: 2
- Parking features: Parking Lot
Accessibility
- Accessibility features: None
Features
- Levels: One
- Stories: 1
- Pool features: Community
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 160902125590
- Zoning: TS
- Special conditions: Standard
Construction
Type & style
- Home type: Condo
- Architectural style: A-Frame
- Property subtype: Condominium
- Attached to another structure: Yes
Materials
- Block, Brick
Condition
- New construction: No
- Year built: 1973
Utilities & green energy
- Sewer: Public Sewer
- Water: None
Community & HOA
Community
- Condo and coop fee: $689 monthly
- Subdivision: Normandie On The Lake Ii
HOA
- Has HOA: No
- Amenities included: Community Center
- Services included: Common Area Maintenance, Electricity, Gas, Heat, Insurance, Parking Fee, Recreation Facility
- HOA name: Commsource Managment
Location
- Region: Gaithersburg
Financial & listing details
- Price per square foot: $198/sqft
- Tax assessed value: $180,000
- Annual tax amount: $2,176
- Date on market: 10/13/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Conventional
- Ownership: Condominium
Estimated market value
$224,600
$213,000 - $236,000
$2,167/mo
Price history
| Date | Event | Price |
|---|---|---|
| 10/13/2026 | Listed for sale | $225,000+125%$198/sqft |
Source: | ||
| 1/24/2017 | Sold | $100,000-13%$88/sqft |
Source: Public Record Report a problem | ||
| 9/30/2016 | Listed for sale | $115,000$101/sqft |
Source: Keller Williams Capital Properties #MC9777910 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2026 | $2,176 +13.7% | $180,000 +13.7% |
| 2025 | $1,914 +21.7% | $158,333 +15.9% |
| 2024 | $1,573 +18.7% | $136,667 +18.8% |
| 2023 | $1,325 +10.8% | $115,000 +6.2% |
| 2022 | $1,195 +6.7% | $108,333 +6.6% |
| 2021 | $1,121 +7% | $101,667 +7% |
| 2020 | $1,048 +0% | $95,000 |
| 2019 | $1,048 -0.2% | $95,000 |
| 2018 | $1,049 -7% | $95,000 |
| 2017 | $1,129 +37.1% | $95,000 +3.6% |
| 2016 | $823 | $91,667 +3.8% |
| 2015 | $823 | $88,333 +3.9% |
| 2014 | $823 | $85,000 |
| 2013 | -- | $85,000 |
| 2012 | -- | $85,000 -43.3% |
| 2011 | -- | $150,000 |
| 2010 | -- | $150,000 |
| 2009 | -- | $150,000 -18.9% |
| 2008 | -- | $185,000 +22% |
| 2007 | -- | $151,666 +28.2% |
| 2006 | -- | $118,333 +39.2% |
| 2005 | -- | $85,000 +11.8% |
| 2004 | -- | $76,000 |
| 2003 | -- | $76,000 +31% |
| 2002 | -- | $58,000 |
| 2001 | -- | $58,000 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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Neighborhood: 20886
Nearby schools
Schools provided by the listing agent
- District: Montgomery County Public Schools
Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.






