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Street View
$690,840
Monthly Est:$3,439
3 Beds
- 2 Baths
1 full bath + 1 half bath
2,652sqft
403 E Diamond Ave, Gaithersburg, MD 20877
$690,840
$3,439/moEst:
Get Pre-Approved
Single Family Residence
Built in 1899
$-- HOA
10,890 sqft lot
$260/sq.ft
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 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 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!
- Houzeo last checked: 3 minutes ago
- Listing updated: October 27, 2026 at 12:00 pm
- Listing Provided by: Daniel J. Demers (888) 219-3009 | Sell Your Home Services (888) 219-3009
- Source: Bright MLS-NJ | MLS#: MDMC2261366

Property Details
Status
Active
Type
Single Family Residence
No. of Stories
-
County
City
Neighborhood
--
Year Built
1899
HOA Fees
-
Finished Area
2,652 sqft
Lot Size
10,890 sqft lot
Basement Area
- sqft
MLS Name
Bright MLS
MLS Number
MDMC2261366
MLS Status
ACTIVE-BRIGHT
Days on Market
5

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Location
Facts & Features
Rooms
Bedrooms & bathrooms
Bedrooms: 3
Bathrooms: 2
Interior
Heating
Other
Cooling
Other
Sewer
Public Septic, Public Sewer
Exterior Features
Other
Construction
Year Built
Year Built: 1899
Home type
Single Family Residence
Architectural Style
Colonial
Construction Materials
Other
Foundation Details
Other
Utilities & Energy
Water Source
Public
Parking Features
Asphalt Driveway
Other Features
Subdivision Name
Deer Park
Price History
| Date | Event | Price |
|---|---|---|
08/30/2025 Source: | Listed for Sale | $690,000 -8.00% $260/sqft |
06/05/2024 Source: | Off Market | $750,000 +21.95% $283/sqft |
03/20/2022 Source: | Sold | $615,000 $232/sqft |
Getting Around 403 E Diamond Ave
Bike Score®
Bikeable
58/100
Walk Score®
Somewhat Walkable
52/100
Data provided by Redfin
Nearby Homes
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Based on information from Bright MLS through Oct 30, 2026, 04:00AM. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2026 Bright MLS, Inc. All Rights Reserved. Click here for more information
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