$899,000

7801 Lockney Ave Takoma Park, MD 20912

Estimated payment $5,785/month

Total Views 6,797
-- Bed
-- Bath
-- Sq Ft
-- Price per Sq Ft

About This Home

This well-maintained, all-brick multi-family building presents an excellent investment opportunity. The four-unit building features two-bedroom, one-bathroom apartments and four designated private parking spaces.
Located just one block from the Purple Line Light Rail Transit, projected to be complete by winter 2027, residents will have a direct connection to the Metrorail Red, Green, and Orange Lines at Bethesda, Silver Spring, College Park, and New Carrollton. The Purple Line will also connect to MARC, Amtrak, and local bus services. Additionally, the Takoma Langley Crossroads Transit Center, operated by the Maryland Transit Administration, is one block away and provides bus service to over 12,000 customers daily.
This building is conveniently located within walking distance to a shopping center, grocery stores, Starbucks, CVS, restaurants, and much more. The building has all up-to-date permits and inspections and is violation-free.

Listing Agent

Michael Dejene

Realty ONE Group Capital License #652663

Realty ONE Group Capital

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $9,201

Year Built

  • Built in 1954

Parking

  • Parking Lot

Home Design

  • Quadruplex
  • Brick Exterior Construction
  • Concrete Perimeter Foundation

Utilities

  • Window Unit Cooling System
  • Hot Water Heating System
  • Natural Gas Water Heater

Additional Features

  • Rear Basement Entry
  • 8,760 Sq Ft Lot

Community Details

  • 4 Units

Listing and Financial Details

  • Tax Lot 1
  • Assessor Parcel Number 161303162848

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$9,201

Year Built

Built in 1954

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Property Sub Type: Quadruplex
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Expected On Market: 2025-03-20
  • Year Built: 1954
  • Remarks Public: This well-maintained, all-brick multi-family building presents an excellent investment opportunity. The four-unit building features two-bedroom, one-bathroom apartments and four designated private parking spaces. Located just one block from the Purple Line Light Rail Transit, projected to be complete by winter 2027, residents will have a direct connection to the Metrorail Red, Green, and Orange Lines at Bethesda, Silver Spring, College Park, and New Carrollton. The Purple Line will also connect to MARC, Amtrak, and local bus services. Additionally, the Takoma Langley Crossroads Transit Center, operated by the Maryland Transit Administration, is one block away and provides bus service to over 12,000 customers daily. This building is conveniently located within walking distance to a shopping center, grocery stores, Starbucks, CVS, restaurants, and much more. The building has all up-to-date permits and inspections and is violation-free.
  • Special Features: None

Interior Features

  • Fireplace: No
  • Foundation Details: Concrete Perimeter
  • Basement: Yes
  • Basement Type: Rear Entrance
  • Above Grade Finished Area Units: Square Feet
  • Street Number Modifier: 7801

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Parking Lot

Utilities

  • Refuse: 69.16
  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Cooling Type: Window Unit(s)
  • Heating Fuel: Natural Gas
  • Heating Type: Hot Water
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Fee Information

  • Front Foot Fee Pymt Freq: Annually

Schools

  • School District: MONTGOMERY COUNTY PUBLIC SCHOOLS
  • School District Key: 121138126809
  • School District Source: Listing Agent

Lot Info

  • Land Use Code: M
  • Lot Size Acres: 0.20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8760.00
  • Year Assessed: 2024
  • Zoning: R30
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 9201.00
  • Assessor Parcel Number: 161303162848
  • Tax Lot: 1
  • County Tax Payment Frequency: Annually
  • Tax Year: 2024

MLS Schools

  • School District Name: MONTGOMERY COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Average Value
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List Price
Sold Price
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Property History

Date Event Price Change Sq Ft Price
03/24/2025 03/24/25 For Sale $899,000 0.0% --
03/20/2025 03/20/25 For Sale $899,000 +72.6% --
12/08/2015 12/08/15 Sold $521,000 +4.2% --
10/20/2015 10/20/15 Pending -- -- --
10/02/2015 10/02/15 For Sale $499,900 -- --
Source: Bright MLS

Source: Bright MLS

MLS Number: MDMC2168370

Bright MLS

APN: 13-03162848