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3312 Clay St, Silver Spring, MD 20902 is a beautifully remodeled ranch/rambler offering both a comfortable home and a ready-made investment opportunity. This 5-bedroom, 2-bathroom property currently thrives as an Airbnb rental, generating enough income to cover the monthly mortgage payment"”a significant advantage for savvy buyers. The home will be sold fully furnished, allowing you to seamlessly continue its income-producing setup (all furnishings are included except for highchairs in the kitchen and book collections). The thoughtfully designed layout features two bedrooms on the main level, complete with a full kitchen and bathroom. The basement offers three additional bedrooms, a second full kitchen (remodeled in 2024), and another full bathroom, making it ideal for guests, rental income, or multi-generational living. Additional highlights include a spacious living and dining room combination for entertaining, freshly painted interiors with hardwood floors, and durable vinyl windows. The main kitchen is appointed with stainless steel appliances and granite countertops, and a private backyard provides the perfect setting for gardening and relaxation. Located in a prime area near downtown Silver Spring and Wheaton, the property offers easy access to shopping, dining, and transit. Additionally, attractive financing is available with an assumable mortgage featuring a competitive interest rate from the current financier. For buyers seeking a turnkey investment or a home with exceptional financial advantages, this property is an absolute must-see!
| DAYS ON MARKET | 36 | LAST UPDATED | 6/22/2025 |
|---|---|---|---|
| TRACT | CONNECTICUT AVENUE ESTATES | YEAR BUILT | 1953 |
| GARAGE SPACES | 1.0 | COUNTY | MONTGOMERY |
| STATUS | Active | PROPERTY TYPE(S) | Single Family |
| School District | MONTGOMERY COUNTY PUBLIC SCHOOLS |
|---|---|
| Elementary School | EAST SILVER SPRING |
| PRICE HISTORY | |
| Prior to Jun 22, '25 | $750,000 |
|---|---|
| Jun 22, '25 - Today | $670,000 |
| ADDITIONAL DETAILS | |
| AIR | Central Air, Electric |
|---|---|
| AIR CONDITIONING | Yes |
| APPLIANCES | Cooktop, Dishwasher, Gas Water Heater, Microwave, Oven, Refrigerator, Washer |
| BASEMENT | Daylight, Finished, Partial, Sump Pump, Walk-Out Access, Yes |
| CONSTRUCTION | Brick, Frame |
| GARAGE | Yes |
| HEAT | Central, Natural Gas |
| INTERIOR | Pantry |
| LOT | 7841 sq ft |
| PARKING | Concrete, On Street, Garage, Driveway, Detached |
| POOL DESCRIPTION | None |
| SEWER | Public Sewer |
| STORIES | 2 |
| STYLE | Ranch/Rambler |
| SUBDIVISION | CONNECTICUT AVENUE ESTATES |
| TAXES | 5521 |
| WATER | Public |
MORTGAGE CALCULATOR
TOTAL MONTHLY PAYMENT
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Listing provided by EXP Realty, LLC
The multiple listing data appearing on this website, or contained in reports produced therefrom, comes in part from Metropolitan Regional Information Systems ("MRIS"). The information provided is for the viewer's personal, non-commercial use and may not be used for any purpose other than to identify prospective properties the viewer may be interested in purchasing. All real estate listings include detailed information about them that includes the name of the listing brokers and therefore may reference real estate listing(s) held by a brokerage other than the broker and/or agent who owns this web site.
All listing data, including, but not limited to, square footage and lot size is believed to be accurate, but the listing agent, listing broker and respective Multiple Listing Services and their affiliates do not warrant or guarantee such accuracy. Therefore, all data should be personally verified through personal inspection by and/or with the appropriate professionals. Listing data last updated 6/27/25 7:12 AM PDT.
The listing information on this web site is from various brokers who participate in IDX.
Copyright 2025 MRIS. All rights reserved.
All listing data, including, but not limited to, square footage and lot size is believed to be accurate, but the listing agent, listing broker and respective Multiple Listing Services and their affiliates do not warrant or guarantee such accuracy. Therefore, all data should be personally verified through personal inspection by and/or with the appropriate professionals. Listing data last updated 6/27/25 7:12 AM PDT.
The listing information on this web site is from various brokers who participate in IDX.
Copyright 2025 MRIS. All rights reserved.
This IDX solution is (c) Diverse Solutions 2025.