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$974,900
3,770
square ft

301 Central Avenue
Gaithersburg, Maryland 20877

Price Change / MLS #MDMC2170814 / Multiple Unit (2-4) / Gaithersburg
Listing information updated 4/24/2025 at 10:21am
Welcome to 301 Central Ave. A rare gem offering incredible versatility in a prime Gaithersburg location near Washington Grove and the MARC train, with Shady Grove Metro just a short drive away. This unique property sits on a picturesque, 1-acre lot and presents endless possibilities: transform it into a grand single-family residence or keep it as an approved 4 unit multifamily building. The main level is the primary residence, featuring expansive living areas, two updated full baths, 2-3 bedrooms, a large enclosed wraparound porch, one full kitchen and one bar with the potential of the bar being converted to a second kitchen. Upstairs, you'll find three fully equipped 1-bedroom, 1-bath apartments, two of which are currently being leased until June 2024. The property boasts a newly paved entrance with parking for 10+ vehicles and stunning park-like grounds perfect for outdoor enjoyment. Whether you're envisioning a spacious single-family home with 5-6 bedrooms and 5 baths, a lucrative multifamily investment, or a combination of both, this property is brimming with potential. Schedule your private tour today! Advance notice required-contact the listing agent for details.
Architecture Style:
Farmhouse/National Folk
Cooling System:
Heat Pump(s)
Heating System:
Heat Pump(s)
Pool:
No
Age:
105 Years
Parking Spaces:
10
Water Front:
No
Square Feet:
3,770
Lot Size:
43241.00 Square Feet
Acreage:
0.99
Tax Amount:
$6,327
Tax Year:
2024
Zip Code:
20877
City:
Gaithersburg
County:
Montgomery
School District(s):
MONTGOMERY COUNTY PUBLIC SCHOOLS
Elementary School:
N/A
Middle School:
N/A
High School:
N/A

Listing Office: Redfin Corp

Listing Office Phone: 301.658.6186

Disclaimer: The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms, and is provided by BRIGHT through a licensing agreement. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. Copyright 2025 Bright MLS, Inc.

Gaithersburg

Gaithersburg, MD

Discover the charm of Gaithersburg, one of Maryland's largest cities with a population of over 69,000 residents. This exciting city is home to a diverse population living in a mix of housing options located in warm and welcoming neighborhoods. Gaithersburg is a unique blend of the past and the prese...
$577,578
Average Sale Price
21
Average Days On The Market
100%
Sales Prices VS. List Price
Data represents the community area’s average over the past 12 months. All information deemed reliable, but not guaranteed.
Map of 301 Central Avenue, Gaithersburg, MD 20877

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301 Central Avenue is a multiple unit (2-4) currently listed at $974,900. This multiple unit (2-4) has been listed on RLAH @properties since March 20th, 2025 and was built in 1920.