Property photo 1
Property photo 2
Property photo 3
Property photo 4
Property photo 5
3 Beds
2 Baths
780 sqft

$690,840

403 E DIAMOND AVENUE, GAITHERSBURG MD, 20877

Price per sqft$885.69
Built in1899
Property size780 sqft
Property typeResidential

Overview

Active

Active-bright

Listed Oct 23, 2026

Updated 8h ago

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 owner’s 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 area’s 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!

$4,596/mo

Est. mortgage payment based on a $690,840 home price.

All estimates are provided by Luxury Presence for informational purposes only. Actual amounts may vary.

Additional information

MLS® ID
MDMC2261366

Interior Features

Bedrooms
3
Bathrooms
2
Heating
Yes
Basement
No

Exterior Features

Lot Size
0.25 Acres

Other Property Details

Taxes
$9,409
Tax Frequency
Annually
55+/Senior Community
No
MLS provider logo

Listed by Sell Your Home Services
Listing Contact: 8882193009 

The IDX display contains information sourced from the Bright MLS, Inc. as of 10/24/2026. This data is intended solely for personal, non-commercial use and is not to be utilized for any other purposes except to identify potential properties for purchase. Although the MLS data displayed is typically considered reliable, it is not guaranteed to be accurate by the MLS. Buyers are responsible for verifying the accuracy of all information and are advised to conduct their own investigations or seek professional assistance. Other sources besides the Listing Agent may have contributed to the MLS data presented. Unless expressly specified in writing, the Broker/Agent has not confirmed any information obtained from external sources. The Broker/Agent may or may not have acted as the Listing and/or Selling Agent and cannot guarantee the accuracy of property locations displayed on any map. Any compensation offers are solely made to participants of the MLS where the listing is registered.

©2026 Bright MLS, Inc. all rights reserved.

Data last updated on 10/24/2026 at 3:51 AM UTC

 

Samson Properties

Powered by Luxury Presence