8203 Greenwood Ave, Takoma Park, MD 20912

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Sold Price
$789,500
List Price
$825,000
Closing Date
Sep 14, 2026
Status
CLOSED
MLS#
MDMC2218450
Living Area
2,333
Lot Size (Acres)
0.14
Style
Traditional
Year Built
1937
County
Montgomery
School District
Montgomery County Public Schools

Property Description

Offered below appraised value an exceptional opportunity for buyers to gain immediate equity. Don’t miss this competitively priced home with strong value potential! Turn-Key 2-Unit Investment Opportunity – Zoned R10 | Takoma Park Fully renovated 2-unit multi-family property offering immediate income potential and long-term upside. Zoned R10, providing flexibility for future conversion or expansion. Unit 1: Spacious 2-level layout with 4 bedrooms and 3 full bathrooms featuring hardwood floors, updated kitchen and baths, and efficient ductless heat pumps. Unit 2: Private 1-bedroom, 1-bath lower-level unit with kitchenette, separate entrance, walk-out access, and shared laundry. Situated on a large lot in prime Takoma Park location just minutes to shops, dining, parks, and transit. Ideal for investor, 1031 exchange buyer, or owner-occupant seeking rental offset. Strong rental configuration with versatile layout and updated systems—move-in ready and income-producing from day one. Located within minutes of Takoma Park’s shops, dining, parks, and transit options, offering both convenience and community.

Additional Information

Subdivision
Wheaton Out Res. (1)
Interior Features
Tub Shower, Walk-In Shower, Breakfast Area, Some Carpeting, Ceiling Fans, Dining Combo, Eat-in Kitchen, Bath in Primary Bedroom, Recessed Lighting, Upgraded Countertops, Second Kitchen
School District
Montgomery County Public Schools
Fireplaces
1
Flooring
Tile, Hardwood, Vinyl
Exterior Features
Stone Retaining Walls
Heating
Heat Pump
Cooling
Ceiling Fan(s), Ductless Mini-Split, Zoned
Roof
Asphalt, Shingle
Utilities
Natural Gas Available
Water
Public
Sewer
Public Sewer
Basement
Combination, Daylight, Full, Finished, Heated, Exterior Entry, Exterior Entry, Walkout, Windows

Mortgage Calculator

Amount of Loan
Annual Interest Rate
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Term of Loan
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Does not include any taxes or fees.
Please consult a financial professional.
Calculator source: Real Geeks

Listing courtesy of Stewart Real Estate, LLC. Contact:

Selling Office: Compass.