316 Main St, Gaithersburg, MD, 20878
About This Home
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.
Getting Around
Walker's Paradise
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 2001
Materials
- Foundation: Concrete Perimeter
- Construction materials: Brick Front
Type & Style
- Home type: Townhouse
- Architectural style: Colonial
- Property subType: Townhouse
Interior
Appliances
- Appliances included: Electric Water Heater
Basement
- Area: 0
Basement
- Has basement: Yes
- Basement: Finished
Bedrooms & Bathrooms
- Bedrooms: 1
- Bathrooms: 4
- Full bathrooms: 1
- 1/2 bathrooms: 3
- Main level bathrooms: 1
Features
- Finished area below ground: 0
- Finished area above ground: 4,000
Heating & Cooling
- Heating features: Other,Electric,Natural Gas
- Cooling features: Central Air,Electric
Interior Area
- Total structure area: 4,000
- Total interior livable area: 4,000 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 160903223812
- Zoning: MXD
- Special condition: Standard
Features
- Levels: Four
- Stories: 4
- Pool features: Community
Lot
- Lot size: 1,112 sqft
Parking
- Total spaces: 2
- Parking features: Off Street
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Heat Wave
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Maryland Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $6,042 | $72,504 |
| Home Insurance * | $233 | $2,796 |
| Property Taxes | $846 | $10,152 |
| Electricity | $509 | $6,115 |
| Total | $7,630 | $91,560 |
Income You'd Need if You Spent...
Maryland FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-07-07 | Listed for sale | $1,195,000 |
| 2018-03-15 | Listing removed | $1,450 |
| 2017-12-30 | Listed for rent | $1,450 |
| 2016-12-05 | Listing removed | $1,350 |
| 2013-12-14 | Listing removed | $950 |
| 2013-10-16 | Listed for rent | $950 |
| 2013-09-18 | Listing removed | $995,000 |
| 2013-05-21 | Listed for sale | $995,000 |
View on Zillow