316 MAIN STREET, GAITHERSBURG, MD 20878
KENTLANDS MIDTOWN · MONTGOMERY County
Key Facts
Description
Rare opportunity in the heart of Kentlands! This unique four unit mixed use building offers exceptional potential for passive income in one of Montgomery County's most desirable and walkable communities. Featuring steady long term tenants in the retail spaces and second floor apartment, this property provides immediate income with tremendous upside. Recent high end renovations to the apartment and basement showcase quality finishes and thoughtful design. Live in the top floor residence while enjoying income from the other units, or add this exceptional asset to your investment portfolio. Just steps from Whole Foods, shops, restaurants, and all that Kentlands has to offer, this is truly a rare offering that combines lifestyle and investment potential.
Property Information
Property Type
Residential
Sub-Type
Townhouse
Structure Type
Townhouse
Year Built
2001
Living Area
4,000 sq ft
Lot Size
0.03 acres
Parking Spaces
2
Zoning
MXD
Days on Market
2
MLS® Listing#
MDMC2242228
Property Features
Appliances
Cooling
Heating
Basement
Pool
Parking
Construction
Foundation
Community
Sewer
Water Source
Schools
- District:
- MONTGOMERY COUNTY PUBLIC SCHOOLS
Financial Details
HOA
$181 / Monthly
Annual Taxes
$12,807
Tax year 2025
Assessed Value
$957,300
Parcel Number
160903223812
Directions
USE GPS
Affordability Calculator
$239,000
Estimated monthly payment
$6,360/mo
Principal $956,000 · Est. interest $1,333,705 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in GAITHERSBURG, MD
- $539,063
- Median Listing Price
- 40
- Median Days on Market
- 1,984
- Median Sq Ft
- $271
- Median Price / Sq Ft
- 221
- Active Listings
- This home’s price is 122% above the area median.
- Its price per sq ft is 10% above the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in GAITHERSBURG, MD.
Location
Points of Interest in GAITHERSBURG, MD
Showing the GAITHERSBURG area map.
Nearby Schools
Chesterbrook Academy Preschool
School · 0.5 mi away
Lakelands Park Middle School
Secondary · 0.5 mi away
Rachel Carson Elementary School
Elementary · 0.6 mi away
Primrose School of Gaithersburg
School · 0.7 mi away
Ridgeview Middle School
Secondary · 0.7 mi away
The Goddard School
School · 0.7 mi away
Quince Orchard High School
Secondary · 0.9 mi away
Diamond Elementary School
Elementary · 1.0 mi away
Thurgood Marshall Elementary School
Elementary · 1.2 mi away
Fields Road Elementary School
Elementary · 1.2 mi away
Brown Station Elementary School
Elementary · 1.2 mi away
Dufief Elementary
Elementary · 1.4 mi away
Thomas Jefferson Prep School
School · 1.5 mi away
Li'l Village
School · 1.7 mi away
Franklin Montessori Schools
Elementary · 1.8 mi away
Jones Lane Elementary School
Elementary · 2.0 mi away
Avalon School
School · 2.1 mi away
Summit Hall Elementary School
Elementary · 2.3 mi away
Katherine Thomas School
School · 2.4 mi away
Academy Child Development Center
School · 2.4 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 15701 JONES LANE, GAITHERSBURG, MD | $839,999 | 5 | 3 | 3,080 |
| 110 CLAGETT CROSSING PLACE, GAITHERSBURG, MD | $849,900 | 3 | 4 | 2,334 |
| 12160 HIDDEN BROOK TERRACE, GAITHERSBURG, MD | $860,000 | 5 | 4 | 2,628 |
| 107 CHERRYWOOD DRIVE, GAITHERSBURG, MD | $870,000 | 4 | 4 | 2,985 |
| 18537 RELIANT DRIVE, GAITHERSBURG, MD | $879,000 | 4 | 3 | 4,082 |
| 211 CHESTERTOWN STREET, GAITHERSBURG, MD | $884,900 | 3 | 4 | 2,232 |
Moving Cost Estimate
EXIT Agents in GAITHERSBURG
Listing Courtesy: TTR Sotheby's International Realty - 3016153000