The Kimberly John Group

Real Estate Team
License#

403 E DIAMOND AVENUE, Gaithersburg, MD 20877

 (Sold on )

$690,840

  • Open House
  • New Listing
  • Price Reduced
  • Active
-1 More Schedule
  • 3 BedroomBeds
  • 2 BathroomBaths
  • 780Sqft
  • 0Acres
  • Single FamilyType
  • MDMC2261366MLS#
-1 More Schedule

Property Description

PRIME OLDE TOWNE GAITHERSBURG – INVESTMENT & REDEVELOPMENT OPPORTUNITY! Excellent opportunity in the heart of Historic Olde Towne! Located at 403 E Diamond Ave, this two-story residential/commercial property features 3 bedrooms, 2 bathrooms, a den, living room, and approximately 6 parking spaces. Property requires complete renovation and is sold STRICTLY AS-IS. REDEVELOPMENT POTENTIAL! According to the seller, the Historic Preservation Board determined that the building is not historically protected and that demolition is at the owners discretion, subject to applicable City requirements and permits. Prime location within walking distance of restaurants, shops, Olde Towne Plaza, and the MARC train station. The City has identified Olde Towne for revitalization and streetscape improvements, adding to the areas appeal. IMPORTANT: Buyer is responsible for all due diligence and must independently verify zoning, permitted residential/commercial uses, parking, Historic Preservation Board findings, demolition requirements, and redevelopment possibilities directly with the City of Gaithersburg. All uses and improvements are subject to required approvals. Information is deemed reliable but not guaranteed. PHOTO DISCLOSURE: Photos include a mix of actual property conditions and digitally enhanced renderings showing potential improvements such as painting, new windows, and lighting. Images are presented back-to-back for comparison. Renderings are illustrative only and do not reflect current conditions. BRING YOUR VISION AND EXPLORE THE POSSIBILITIES!

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Property Details 403 E DIAMOND AVENUE, GAITHERSBURG, MD 20877

Facts & Features

  • MLS #: MDMC2261366
  • Status: Active
  • Date Listed: 10/23/2026
  • Type: Single Family
  • Year Built: 1899
  • Style: Colonial
  • Price: $690,840
  • Acres: 0.25
  • County: Montgomery
  • Subdivision: Deer Park
  • Bedrooms: 3
  • Bathrooms: 2
  • Full Baths: 1
  • Half Baths: 1
  • Total SqFt: 780

Amenities

  • Parking: Asphalt Driveway
  • Waterfront Type: Public

Interior

  • Heating: Other
  • Cooling: Other

Exterior

  • Exterior Features: Other
  • Construction: Other

Schools

  • School District: Montgomery County Public Schools

Additional Information

  • Zoning: Cbd

Tax Information

  • Tax: $9,409

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