746 THAYER AVENUESILVER SPRING, MD 20910

Multi-Family · 2,788 Sq. ft. | 0.25 Acres
$1,100,000 ACTIVE

746 THAYER AVENUE Overview

Time on Site:
83 days
Visits:
3

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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746 THAYER AVENUE Facts & Features

  • Type Multi-Family
  • Sq. ft. 2,788
  • Price/Sq.ft. $395
  • Lot 0.25 Acres

Details

General

Income/Expenses

  • Gross Income: 91200.00

Listing Information

  • Real Estate Owned: No
  • Short Sale: No

Building Information

  • New Construction: No
  • Pool: No Pool
  • Total SQFT: 3458
  • Year Built: 1922

Location/Region

  • Country: US
  • County: MONTGOMERY
  • County Or Parish: MONTGOMERY
  • In City Limits: No

Parking Information

  • Total Parking Spaces: 5
  • Type of Parking: Driveway

Tax Information

  • City/Town Tax Payment Frequency: Annually
  • County Tax: 10002.00
  • County Tax Payment Frequency: Annually
  • Tax Annual Amount: $10,820.00
  • Tax Assessed Value: 868800.00
  • Tax Year: 2025

General Information

  • Historic: No
  • Municipal Trash: Yes
  • Property Condition: Very Good
  • Property Sub Type: Triplex
  • Property Type: Multi-Family
  • Rent Control: No
  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • Special Listing Conditions: Standard
  • Vacation Rental: No
  • Year Assessed: 2026
  • Zoning: R60

Interior

Building Information

  • Cooling Fuel: Electric,Other
  • Heating Fuel: Natural Gas

Parking Information

  • Garage: No

Building Exterior/Construction

  • Structure Type: Detached

Building Interior

  • Above Grade Finished Area: 1988
  • Above Grade Finished Area Source: Assessor
  • Above Grade Finished Area Units: Square Feet
  • Below Grade Finished Area: 800
  • Below Grade Finished Area Source: Assessor
  • Below Grade Finished Area Units: Square Feet
  • Central Air: No
  • Hot Water: Natural Gas

General Information

  • Accessibility Features: None
  • Cooling: Window Unit(s)
  • Fireplace: Yes
  • Fireplaces Total: 1
  • Foundation Details: Slab
  • Living Area: 2788
  • Living Area Source: Assessor
  • Spa: No

Unit Information

  • One Bedroom Units Count: 1
  • Single Room Units Count: 0
  • Three Bedroom Units Count: 1
  • Two Bedroom Units Count: 1

Exterior

Lot Information

  • Lot Features: Backs to Trees, Level
  • Lot Size Acres: 0.25
  • Lot Size Source: Estimated
  • Lot Size Square Feet: 11007.00
  • Lot Size Units: Square Feet
  • Water Source: Public

Waterfront/View

  • Water Oriented: No
  • Water View: No
  • Waterfront: No

Building Exterior/Construction

  • Architectural Style: Bungalow
  • Construction Materials: Brick

General Information

  • Number Of Units Leased: 3
  • Number Of Units Total: 3
  • Other Structures: Above Grade,Below Grade
  • Sewer: Public Sewer
  • Water Access: No

746 THAYER AVENUE Neighborhood

Community

20910 (SILVER SPRING) Demographics

35
Median Age
9,597
Population Density (per sq. mile)
77%
College Educated
$97,944
Estimated Median Income
6,984
Estimated Total Home Owners
13,362
Estimated Total Renters
34% / 66%
Estimated Owner / Renter Divide
2
Estimated Average Household Size
Community data courtesy of LiveBy, Inc.

746 THAYER AVENUE Monthly Cost

$
$ %
%
$
$
* All calculations are estimates and provided by Reliance Network, for informational purposes only. Actual amounts may vary. ** Assumes 6.50% APR, 20% down payment, and conventional 30-year fixed rate first mortgage. Rates cited are for instructional purposes only; current rates are subject to change at any time without notice. You should not make any decisions based simply on the information provided. Additional required amounts such as taxes, insurance, homeowner association dues, assessments, mortgage insurance premiums, flood insurance or other such required payments should also be considered. Contact your mortgage company for current rates and additional information. Any mortgage broker or insurance agent that may appear is independent and is not affiliated with, endorsed by, or provided by the MLS.

746 THAYER AVENUE Market Data

Based on the last 30 days in this zip code

$529,546
Average List Price
$364
Average Price per Square Foot
28
Properties Sold
80
Average Days on Market
133
Properties for Sale
Calculations provided by Reliance Network

746 THAYER AVENUE History

Date Event Value Agent
6/17/2026Source: BRIGHT MLS Price Reduction
$1,100,000 -4.3%
4/20/2026Source: BRIGHT MLS Status Change
ACTIVE
4/8/2026Source: BRIGHT MLS Added to Database
April 08, 2026
12/3/2024Source: BRIGHT MLS Added to Database
August 10, 2021
12/3/2024Source: BRIGHT MLS Added to Database
August 10, 2021
12/3/2024Source: BRIGHT MLS Added to Database
August 12, 2021
12/3/2024Source: BRIGHT MLS Added to Database
August 12, 2021
Listing provided courtesy of Coldwell Banker Realty - Washington- MLS# MDMC2223254MLS ProviderContact Information: [email protected] - 2023876180