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For sale
  • Price cut: $50K (6/17)
    $1,100,000

    746 Thayer Ave, Silver Spring, MD 20910

    6beds
    --baths
    2,788sqft
    : 
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    Triplex
    Built in 1922
    -- sqft lot
    $1,062,900 Zestimate®
    $395/sqft
    $-- HOA

    What's special

    Historic charmRestored original fireplaceArched doorwaysCoved ceilingsHardwood floorsModern updatesBay window
    If you are a forward thinking investor looking for an instant cash flow asset with the long term vision to expand in an ever disappearing property class, this is the property for you! 3 unit Triplex, 11,000 square foot lot and $91,200 in gross income. 746 Thayer, blends historic charm with modern updates just steps to the Metro, shops, and restaurants, boasting a 96 Walk Score. All 3 units are registered rentals with Montgomery County and are fully occupied with strong tenant retention, reflecting consistent management and care. The main level (Unit 1) features 3 bedrooms and 2 baths with a bay window, arched doorways, coved ceilings, a restored original fireplace, hardwood floors, and a sunroom. Unit 2 the upstairs loft, offers 3 bedrooms and 1 bath, while Unit 3 on the lower level provides a 1-bedroom, 1-bath layout. The options are endless, just like the massive lot, live in one unit while the others generate income to offset your mortgage, or continue to lease all three for strong cash flow and long-term ROI or exercise a 1031 exchange for a true turnkey operational asset ready to go. The property includes parking for up to five vehicles and sits on a deep 11,000 sq ft lot with potential for an ADU or future expansion. Opportunities like this combining scale, location, stability, and upside are exceptionally rare. Act quickly.
    65 days
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    583
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    43
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    Zillow last checked:

    Listing updated:

    Listed by:

    Nick Dunstan 240-731-5562,

    Coldwell Banker Realty - Washington 2023876180

    Source: Bright MLS,MLS#: MDMC2223254MLS Logo

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      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      Basement
      • Area: 1470
      Heating
      • Radiator, Natural Gas
      Cooling
      • Window Unit(s), Electric, Other
      Appliances
      • Included: Gas Water Heater
      Features
      • Basement: English
      • Number of fireplaces: 1
      Interior area
      • Total structure area: 3,458
      • Total interior livable area: 2,788 sqft

      Property

      Parking
      • Total spaces: 5
      • Parking features: Driveway
      • Uncovered spaces: 5
      Accessibility
      • Accessibility features: None
      Features
      • Pool features: None
      Lot
      • Size: 0.25 Acres
      • Features: Backs to Trees, Level
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 161301039321
      • Zoning: R60
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Bungalow
      • Property subtype: Triplex
      Materials
      • Brick
      • Foundation: Slab
      Condition
      • Very Good
      • New construction: No
      • Year built: 1922

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Silver Spring

      Financial & listing details

      • Price per square foot: $395/sqft
      • Tax assessed value: $868,800
      • Annual tax amount: $10,820
      • Date on market: 4/21/2026
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Fee Simple
      • Total actual rent: 91200

        Estimated market value

        $1,062,900

        $1.01M - $1.12M

        $2,466/mo

        Price history

        DateEventPrice
        6/17/2026Price change$1,100,000-4.3%$395/sqft
        Source: Bright MLS #MDMC2223254 Report a problem
        4/21/2026Listed for sale$1,150,000+14%$412/sqft
        Source: Bright MLS #MDMC2223254 Report a problem
        7/26/2020Listing removed$1,600$1/sqft
        Source: Streamline Management, LLC. #MDMC706112 Report a problem
        7/14/2020Listed for rent$1,600-44.8%$1/sqft
        Source: Streamline Management, LLC. #MDMC706112 Report a problem
        4/29/2020Sold$1,009,000+1.1%$362/sqft
        Source: Public Record Report a problem
        4/24/2020Listing removed$2,900$1/sqft
        Source: Streamline Management, LLC. #MDMC704166 Report a problem
        4/20/2020Listed for rent$2,900$1/sqft
        Source: Streamline Management, LLC. #MDMC704166 Report a problem
        3/5/2020Pending sale$998,000$358/sqft
        Source: GO BRENT, INC. #MDMC688398 Report a problem
        2/20/2020Price change$998,000-13.2%$358/sqft
        Source: GO BRENT, INC. #MDMC688398 Report a problem
        12/6/2019Listed for sale$1,150,000+64.1%$412/sqft
        Source: GO BRENT, INC. #MDMC688398 Report a problem
        1/24/2017Sold$701,000$251/sqft
        Source: Public Record Report a problem
        7/22/2016Sold$701,000+3.9%$251/sqft
        Source: Public Record Report a problem
        5/21/2016Listed for sale$675,000+3.8%$242/sqft
        Source: Weichert REALTORS #MC9664405 Report a problem
        5/1/2008Listing removed$650,000$233/sqft
        Source: Postlets #MC6418426 Report a problem
        4/11/2008Listed for sale$650,000$233/sqft
        Source: Postlets #MC6418426 Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$10,820 +5.7%$868,800 -2.3%
        2024$10,241 +4.1%$889,600 +4.2%
        2023$9,835 +9%$853,567 +4.4%
        2022$9,021 +4.7%$817,533 +4.6%
        2021$8,616 +8.9%$781,500 +9%
        2020$7,913 +21.9%$717,233 +21.8%
        2019$6,492 -0.2%$588,700
        2018$6,503 +3.3%$588,700 +6.2%
        2017$6,296 -4.9%$554,333 +6.6%
        2016$6,618 $519,967 +7.1%
        2015$6,618 $485,600
        2014$6,618 $485,600
        2013-- $485,600 -3.6%
        2012-- $503,900
        2011-- $503,900
        2010-- $503,900 -4.3%
        2009-- $526,510 +9.7%
        2008-- $480,146 +10.7%
        2007-- $433,783 +12%
        2006-- $387,420 +15.9%
        2005-- $334,352 +18.9%
        2004-- $281,286 +23.3%
        2003-- $228,220 +5.4%
        2002-- $216,436
        2001-- $216,436

        Find assessor info on the county website

        Monthly payment

        Est. payment

          Payment breakdown

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          All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
          HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
          Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
          See how much you could borrow to make a competitive offer.

          Climate risks

          Neighborhood: Downtown

          Getting around

          97 / 100
          Walker's Paradise
          84 / 100
          Excellent Transit
          78 / 100
          Very Bikeable

          Nearby schools

          GreatSchools rating
          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.

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