Marcus & Millichap Sells 22-Unit Multifamily Property In Takoma Park For $1.815M
8308 Barron Street & 8308 Barron Street
$1,815,000
$58/SF
Building Size
30,856 SF
Asset Type
MultiFamily
Closing
Jan 9, 2026
AI
A 22-unit multifamily property located at 8306–8308 Barron Street in Takoma Park, MD, has been sold for $1,815,000. The property spans 15,428 square feet, resulting in a price per square foot of approximately $118.
Summary of transaction details:
- Property Type: Multifamily
- Transaction Amount: $1,815,000
- Sale Date: 01/09/2026
- Address: 8308 Barron Street, Takoma Park, MD
- Square Footage: 15,428
- Price per Square Foot: $118
The transaction involved representation by brokers Ryan Murray, John Slowinski, and Marty Zupancic from Marcus & Millichap, who represented a private family trust in this sale.
Players
Takoma Park MultiFamily Market Snapshot
Boundary boundary · MultiFamily · Sale transactions
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
8.74%
Cash-on-Cash
-2.50%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93