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304 Gruenther Ave, Rockville, MD 20851 For Sale

  • $439,000
  • 8 beds
  • 5 baths
  • 2,840 sqft

304 Gruenther Ave, Rockville, MD 20851

2,500+ SF Mostly Renovated Twinbrook Forest Opportunity

PRICE: $439,000
ARV: $695,000–$720,000
Closing: October 8th, 2026
$10,000 EMD | First Class Title

Deal Snapshot

  • Physical / MLS Configuration: Up to 8 Beds / 5 Full Baths
  • Main Residence: Reported 5 Beds / 3 Full Baths
  • Additional Living Area #1: 2 Beds / 1 Full Bath
  • Additional Living Area #2: 1 Bed / 1 Full Bath
  • Finished Living Area: Approx. 2,504 sqft
  • Total Reported Structure: Approx. 2,840 sqft
  • Year Built: 1957
  • Lot: Approx. 7,841 sqft / 0.18 acre
  • Subdivision: Twinbrook Forest
  • Zoning: R-60
  • Taxable Assessment: $499,500
  • Annual Taxes: Approx. $7,014
  • HOA: None reported
  • Water / Sewer: Public
  • Heating: Natural-gas forced air
  • Cooling: Central A/C + ductless mini-splits
  • Windows: Reported approx. 4 years old
  • Fireplace: Yes
  • Walkout Lower Level
  • Multiple Driveway Parking Spaces

Why This Deal Stands Out

  • $439K basis against a $695K–$720K renovated value target
  • Approx. $175 per finished sqft acquisition basis
  • More than 2,500 finished sqft
  • Property is already mostly renovated
  • Large bedroom and bathroom capacity
  • Multiple private living areas
  • Separate rear access to additional living space
  • Excellent multigenerational / extended-family potential
  • Central HVAC plus supplemental mini-splits
  • Updated windows reported
  • Public water and sewer
  • No HOA reported
  • Strong 2026 renovated comp support
  • Recent 2,400–2,600 sqft sales reaching $675K–$799K

Property Overview

304 Gruenther Ave is a substantially larger-than-typical Twinbrook Forest home offering approximately 2,504 finished sqft and multiple private living areas.

The main portion of the home is reported as a 5-bedroom / 3-full-bath residence, with two additional finished living areas providing another 2BR/1BA and 1BR/1BA physical configuration.

The home has already undergone substantial renovation, making this more of a finish, punch, optimization and configuration opportunity than a traditional full-gut project.

The size and flexible layout create a strong opportunity for a renovated retail flip targeting buyers seeking multigenerational living, in-law space, guest quarters, home-office flexibility, or private extended-family accommodations.

Main Residence

  • Reported 5-bedroom configuration
  • 3 full bathrooms
  • Mostly renovated interior
  • Updated kitchen
  • Renovated living areas
  • Fireplace
  • Multiple living zones
  • Flexible bedroom / office space
  • Natural-gas forced-air heat
  • Central A/C
  • Updated windows reported

The home’s multi-level layout provides substantially more finished living space and room separation than the typical Twinbrook-area house.

Additional Living Areas

One of the property’s biggest differentiators is the amount of private secondary living space.

Additional Living Area #1

  • 2-bedroom physical layout
  • Full bathroom
  • Private living space
  • Separate rear access

Additional Living Area #2

  • 1-bedroom physical layout
  • Full bathroom
  • Connected to the lower portion of the main residence
  • Additional private/flexible living space

These areas provide potential utility for:

  • Multigenerational living
  • In-law suite
  • Extended family
  • Guest quarters
  • Home office
  • Recreation space
  • Private living accommodations
  • Potential accessory-living use subject to City approval

The additional living areas are not being represented as separately legal rental units. Buyer to independently verify permits, approved use, bedroom/bathroom configuration and ADU eligibility.

Condition / Renovation Profile

This is not a full-gut renovation.

The property is already mostly renovated, with much of the major cosmetic work completed.

Existing improvements include:

  • Updated interior throughout much of the home
  • Renovated kitchen
  • Multiple renovated bathrooms
  • Updated flooring and finishes
  • Approx. 4-year-old windows reported
  • Five physical full bathrooms reported
  • Multiple finished living spaces
  • Central HVAC
  • Supplemental mini-splits
  • Public utilities

Remaining work should primarily focus on finish work, punch items, corrections and optimization.

A musty/mildewy odor has been reported in the lower 1BR/1BA area. Buyer should evaluate the moisture source and remediation scope during due diligence.

ARV & Comp Support

ARV: $695,000–$720,000

At approximately 2,504 finished sqft, the target value equates to:

Target ARV Approx. $/Finished Sqft
$695,000 $278/sqft
$700,000 $280/sqft
$720,000 $288/sqft

Recent renovated sales demonstrate strong support for larger finished homes in the Twinbrook / 20851 market.

1501 Bradley Ave — $695,000

  • Sold April 23, 2026
  • 5 Beds / 3 Baths
  • Approx. 2,001 finished sqft
  • Twinbrook Forest
  • Very good condition
  • Flexible lower-level / in-law utility
  • Garage

This sale demonstrates that the Twinbrook Forest market can support pricing at approximately $695K, despite offering materially less finished area than the subject.

622 McIntyre Rd — $685,000

  • Sold May 14, 2026
  • 3 Beds / 2 Baths
  • Approx. 2,407 finished sqft
  • 8,519 sqft lot
  • Fully renovated / turnkey

McIntyre is an excellent finished-size comparison and is approximately 100 sqft smaller than the subject.

Its approximately $285/sqft sale price translates to more than $710K when applied to the subject’s finished area.

1601 Forbes St — $675,000

  • Sold March 27, 2026
  • 6 Beds / 3 Baths
  • Approx. 2,568 finished sqft
  • Renovated
  • Finished walkout lower level
  • Secondary kitchen
  • Separate entrance
  • Multigenerational utility

This is one of the strongest functional comps due to its nearly identical finished square footage and flexible lower-level layout.

1627 Marshall Ave — $675,000

  • Sold December 1, 2025
  • 5 Beds / 3 Baths
  • Approx. 2,461 finished sqft
  • Fully renovated
  • Strong retail presentation

Another near-exact finished-size comparison.

At approximately $274/sqft, applying the same price per foot to the subject supports a value around $686K, before considering the subject’s additional physical bedroom/bathroom utility.

7007 Lemay Rd — $799,000

Upper-End Retail Benchmark

  • Sold June 24, 2026
  • 4 Beds / 3 Baths
  • Approx. 2,559 finished sqft
  • Strong conventional retail layout
  • High-quality finished presentation

At approximately 2,559 sqft, Lemay is an extremely close size match.

This is a superior and more conventional retail product, so it should be viewed as an upper-end market benchmark, rather than a direct ARV comp.

Its $799K sale demonstrates the depth of buyer demand for properly finished 2,500+ sqft detached homes in 20851.

ARV Positioning

Working ARV: $695,000
Strong Retail Target: $700,000–$720,000
Upper-End Market Benchmark: $799,000

The subject requires approximately $278–$288 per finished sqft to achieve the marketed ARV range, while recent comparable renovated properties have demonstrated pricing at and above this level.

Exit Strategy

Retail Flip

Primary exit as a large renovated single-family home emphasizing:

  • 2,500+ finished sqft
  • High bedroom/bathroom capacity
  • Multiple private living areas
  • Multigenerational functionality
  • Extended-family / in-law utility
  • Work-from-home flexibility

Multigenerational / Extended-Family Buyer

This may be the property’s strongest finished retail positioning.

The layout provides meaningful separation between different sections of the home, allowing buyers to accommodate extended family, guests or private living arrangements without requiring the property to function as a conventional multifamily building.

Accessory-Living Potential

One private living area may provide potential ADU / accessory-living utility subject to City of Rockville approval and permitting.

Buyer to independently verify all additions, kitchens, bedrooms, bathrooms, permits and approved uses.

Terms

  • Price: $439,000
  • ARV: $695,000–$720,000
  • $10,000 EMD
  • Closing October 8th, 2026
  • First Class Title
  • Property conveyed as-is
  • Cash / hard-money buyers
  • Buyer to complete independent due diligence
  • Buyer to verify permits, zoning, finished sqft and approved configuration

 

DISCLAIMER

  • All properties are available for purchase using cash or hard money.
  • Buyers are encouraged to conduct their own research and verify all details independently.
  • Prices are presented as NET to the seller, with buyers covering all closing costs. Any estimates for property value or rental income are offered as general guidance and should not be taken as guarantees.
  • Our properties tend to sell quickly, so if you’re interested, we recommend reaching out without delay.
  • This offering represents an assignment of contract. We hold a legally binding agreement with the seller, giving us exclusive rights to market this opportunity. Please respect this agreement by refraining from contacting the seller directly.
  • Any unauthorized communication or attempts to renegotiate terms with the seller may lead to legal consequences.
  • Provided ARV and rent projections are for informational purposes only and not warranted.
  • Buyers are solely responsible for verifying all property details through their due diligence.
Price:
$439,000
Address:
304 Gruenther Ave
Rockville, MD 20851
Square Feet:
2,840
Lot Size:
7,150 SQFT
Bedrooms:
8
Bathrooms:
5
Terms:
For Sale
Property Type:
Home
Year Built:
1957
Basement:
Finished
Const. Type:
2 Story with Basement

Additional Features

CLOSING DATE = October 8th

Call 240-685-9240 for more details

Property Location