2
Takoma Park, MD Multifamily Homes & Duplexes for Sale
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$400,000
- Studio
- 3,338 Sq Ft
7427 Carroll Ave, Takoma Park, MD 20912
7427 Carroll Ave, Takoma Park, MD 20912
About Takoma Park
Nature is not to be disturbed in the city of Takoma Park. Locals in this Maryland community on the Washington, D.C. line take the environment seriously. Gardeners tending to their azaleas cannot use certain pesticides, per local ordinance. Cutting down a tree, even on private property, involves getting a permit from the city. The municipal government gets 100% of its electricity through wind power, and it has declared itself a "nuclear-free zone" since 1983.
What was once considered a hippie enclave has, over the past few years, become a mor ...
Home Trends in Takoma Park, MD
On average, homes in Takoma Park, MD sell after 34 days on the market compared to the national average of 47 days. The average sale price for homes in Takoma Park, MD over the last 12 months is $776,506, up 15% from the average home sale price over the previous 12 months.
Home Trends
Median Price (12 Mo)
$755,000
Median Single Family Price
$831,000
Median Townhouse Price
$635,000
Median 2 Bedroom Price
$240,000
Median 1 Bedroom Price
$194,900
Average Price Per Sq Ft
$356
Number of Homes for Sale
36
Last 12 months Home Sales
154
Months of Supply
2.80
Median List Price
$745,000
Median Discount From 1st List Price
0%
Median Home Sale Price YoY Change
14%
In Takoma Park, there are currently 2 multi-family homes for sale, providing an appealing investment opportunity for buyers. With multi-family homes priced between $400,000 to $899,000, there's a range to accomodate every budget. As of April, 2025 the median home price in Takoma Park is $745,000, while the average sale price is $776,506, offering insights into the local housing market. On average, multi-family homes spend 34 days listed before being sold. Multi-family homes include a variety of property types, from duplexes, triplexes, and fourplexes, to apartment complexes, all within a single building divided to accommodate multiple families living separately. These multi-family properties for sale offer investors the chance to generate rental income. Whether you're considering a duplex for a beginner investment or an apartment complex for a more substantial venture, there are investment properties available to meet your requirements. Explore the range of multi-family homes for sale in Takoma Park, MD.
Takoma Park Types of Homes for Sale
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