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Takoma Park,MD 20912
Key Details
Property Type Multi-Family
Sub Type Detached
Listing Status Active
Purchase Type For Sale
Square Footage 2,224 sqft
Price per Sqft $359
Subdivision Flower Ave Park
MLS Listing ID MDMC2206326
Style Other
Abv Grd Liv Area 2,224
Year Built 1942
Available Date 2025-11-07
Annual Tax Amount $6,884
Tax Year 2024
Lot Size 5,189 Sqft
Acres 0.12
Property Sub-Type Detached
Source BRIGHT
Property Description
Investor or House Hacker's Dream!
Here's your chance to own a solid, income-producing four-unit brick building at 7902 Garland Ave, Takoma Park—a property that delivers both lifestyle and leverage. Live in one unit and let the other three cover your mortgage. One unit is vacant and move-in ready, giving you immediate flexibility to occupy or rent at market rates.
Spanning approximately 3,336 square feet on a 5,189 sq. ft. lot, this well-maintained property sits in the desirable Flower Ave Park neighborhood. It includes two one-bedroom apartments and two spacious studios, each separately metered for electricity and updated with modern kitchens, baths, and flooring within the past seven years. With public water and sewer, gas heat, a newer roof, and a full basement for storage, this property is designed for low maintenance and long-term stability.
Unlike many nearby properties, this building is not subject to Takoma Park rent control. That freedom gives you stronger cash flow potential and a real advantage in building wealth through appreciation and income growth.
Owning a property like this is more than an investment—it's a pathway to financial freedom and stability. You'll enjoy steady rental income, valuable tax deductions like depreciation and mortgage interest, and the peace of mind of owning a tangible asset that grows over time.
Tenants love the quiet, tree-lined street, ample parking, and close proximity to Washington Adventist University, downtown Takoma Park, and Silver Spring Metro. Shopping, restaurants, and parks are minutes away, making this an ideal location for strong tenant demand.
With 2025 taxes at just $6,884, this turnkey multifamily property offers immediate income and long-term appreciation in one of Montgomery County's most sought-after rental corridors.
Bottom line: Whether you're looking to house hack, build equity, or expand your portfolio, 7902 Garland Ave is a property that pays you to own it—an exceptional opportunity rarely found outside the city's rent restrictions.
Location
State MD
County Montgomery
Zoning R10
Rooms
Basement Outside Entrance,Full
Interior
Hot Water Natural Gas
Heating Central
Cooling Window Unit(s)
Fireplace N
Heat Source Natural Gas
Exterior
Utilities Available Cable TV Available,Electric Available,Natural Gas Available,Phone Available,Sewer Available,Water Available
Water Access N
View Street
Roof Type Composite
Accessibility None
Garage N
Building
Foundation Other
Above Ground Finished SqFt 2224
Sewer Public Sewer
Water Public
Architectural Style Other
Additional Building Above Grade,Below Grade
New Construction N
Schools
Elementary Schools Rolling Terrace
Middle Schools Silver Spring International
High Schools Montgomery Blair
School District Montgomery County Public Schools
Others
Tax ID 161301006126
Ownership Fee Simple
SqFt Source 2224
Acceptable Financing Cash,Conventional,FHA,VA
Listing Terms Cash,Conventional,FHA,VA
Financing Cash,Conventional,FHA,VA
Special Listing Condition Standard