746 Thayer Avenue
Silver Spring, MD, 20910 $ 1,150,000
Bedrooms6 Baths0.0 Monthly Estimate*
$ 7,081
for $1,150,000 with 6 bedrooms. This home was built in 1922 on a lot size of 0.25.
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.
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FeaturesGeneralLiving Area 2788
Sewer Public Sewer
Heating Radiator
Cooling Window Unit(s)
Possession Immediate
Zoning R60
Architectural Style Bungalow
Construction Materials Brick
School District MONTGOMERY COUNTY PUBLIC SCHOOLS
Year Built 1922
Property Subtype Triplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric Other
Gross Income 91200.00
Accessibility None
County MONTGOMERY
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status COMING SOON
Directions heading north on Georgia Avenue make a right on Thayer Avenue park on the street - great location
City SILVER SPRING
Number Of Units Total 3
Lot Size Units Square Feet
Lot Size Square Feet 11007.00
Number of Units Leased 3
Tax Annual Amount 10820.0
Home Warranty Y/N N
Property Condition Very Good
Two Bedroom 1
Structure Type Detached
Price Per Sq Ft Total AG 578.47
Historic Y/N N
Rent Control Y/N N
Vacation Rental Y/N N
Standard Status Coming Soon
Year Built Source Assessor
Legal Subdivision SILVER SPRING
Tax Lot P2
Total Actual Rent 91200.00
Association Recreation Fee N
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InteriorHeating Fuel Natural Gas
Basement English
Total Fireplaces 1
Hot Water Natural Gas
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N Y
Central Air Y/N N
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ExteriorPool No Pool
Lot Features Backs to Trees Level
Water Source Public
Type of Parking Driveway
Foundation Details Slab
Spa N
Water View Y/N N
Lot Size Acres 0.25
Lot Size Source Estimated
Waterfront Y/N N
Land Assessed Value 362500.00
Navigable Water Y/N N
Water Oriented Y/N N
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* Excluded FeaturesList ByColdwell Banker Realty - WashingtonBroker
nicholas.dunstan@cbmove.comEmail
Affordability Calculator
- Monthly Principal & Interest
- $7,081
- Monthly Property Taxes
- $902
- Monthly Home Insurance
- --
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
Learn more about how to save NearbyMulti-family listings in Silver Spring, MD
Average List Price $882,667
Percent of Sale Price 23%
About Silver Spring, MD 82,012 Population
19% Since 2002
$ 77,809 Median Income
37.54 Median Age
28% Households with Children
Trends Information provided by ATTOM Data Solutions.
3533413 Elementary School
3533471 Middle School
Unknown High School High School
Pricing History| Date | Price | Price Change | Description |
|---|
| 4/9/2026 | $1,150,000 | | Listed Price |