The median home value in Cheverly, MD is $489,000.
This is
higher than
the county median home value of $369,000.
The national median home value is $308,980.
The average price of homes sold in Cheverly, MD is $489,000.
Approximately 66% of Cheverly homes are owned,
compared to 30% rented, while
4% are vacant.
Cheverly real estate listings include condos, townhomes, and single family homes for sale.
Commercial properties are also available.
If you like to see a property, contact Cheverly real estate agent to arrange a tour
today!
Learn more about Cheverly Real Estate.
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Legacy Plus Group is excited to offer this unique opportunity to purchase a portfolio of three rare adjacent small bay covered dock industrial condo units for sale in Capitol Heights, Maryland, near the DC border. These industrial condos are perfect for investors looking to take advantage of rising industrial lease rates and shrinking industrial inventory for a contractor or owner/user needing space conveniently located in Maryland and Washington, DC. Hard to find I-2 Zoning for heavy industrial with abundant surface parking, 3 loading docks (1 per unit), covered loading area, 23 ceiling height, parking lot with gated security, Ideal for investor or owner/user. *Sale lease-back potential for 1789 and 1791 units. *NNN lease in place for unit 1793 Is Leased until 2028. All 3 units are adjacent, but currently demised. Hard to find I-2 zoning for heavy industrial uses with abundant surface parking. Offer Summary, Unit 1789 4,307± SF, Unit 1791 4,249± SF Unit 1793 3,622± SF *TOTAL 12,178± SF* This unit has the potential for a rental income of $86,140 annually, based on the area rental estimates of $20 per SF, X 4,307 SF = 86,140.00 CAP RATE of 10% Sister buildings are also listed on the MLS, with the MLS ID MDPG2151102. MDPG2151124
Legacy Plus Group is excited to offer this unique opportunity to purchase a portfolio of three rare adjacent small bay covered dock industrial condo units for sale in Capitol Heights, Maryland, near the DC border. These industrial condos are perfect for investors looking to take advantage of rising industrial lease rates and shrinking industrial inventory for a contractor or owner/user needing space conveniently located in Maryland and Washington, DC. Hard to find I-2 Zoning for heavy industrial with abundant surface parking, 3 loading docks (1 per unit), covered loading area, 23 ceiling height, parking lot with gated security, Ideal for investor or owner/user. *Sale lease-back potential for 1789 and 1791 units is fully available for purchase or lease. * Unit 1793 is on an NNN lease until 2028. The sister buildings are also listed on MLS ID MDPG2151134. MDPG2151124 This building has the potential to be rented by a market rental of $20SF X 4,249FS = 84,980 annually, CAP RATE of 10%. Estimates are based on rental rates of the area, Please do your due diligence to verify all.
United Real Estate is excited to offer this unique opportunity to purchase a portfolio of three rare adjacent small bay covered dock industrial condo units for sale in Capitol Heights, Maryland, near the DC border. These industrial condos are perfect for investors looking to take advantage of rising industrial lease rates and shrinking industrial inventory for a contractor or owner/user needing space conveniently located in Maryland and Washington, DC. Hard to find I-2 Zoning for heavy industrial with abundant surface parking, 3 loading docks (1 per unit), covered loading area, 23 ceiling height, parking lot with gated security, Ideal for investor or owner/user. *Sale lease-back potential for 1789 and 1791 units. *NNN lease in place for unit 1793 Is Leased until 2028. All 3 units are adjacent, but currently demised Hard to find I-2 zoning for heavy industrial uses with abundant surface parking Offer Summary, Unit 1789 4,307± SF Unit 1791 4,249± SF Unit 1793 3,622± SF TOTAL 12,178± SF Please don't disturb the tenant; all appointments are to be with respective agents and authorized by the tenant.
ð??¨ PRIME DEVELOPMENT OPPORTUNITY - 1.29 ACRES ð??¨ Option 1, PORTFOLIO SALE - 6 LOTS COMMERCIAL & RESIDENTIAL MIX Unlock the full potential of 7300 Martin Luther King Jr. Highway, a highly visible 1.29-acre portfolio offering a rare mix of commercial and residential properties in a prime Prince Georges County location. Property Overview: â?? 6 LOTS SOLD TOGETHER - A unique investment package featuring: One standalone commercial building (formerly J&J Transmission) Two single-family homes with rental income potential Total land area: 1.29 acres â?? Zoning Flexibility - Newly designated RMF-20 & RSF-65 zoning allows for a variety of uses: Retail & Restaurants (Starbucks or equivalent) Office Space & Convenience Stores Multifamily or Townhome Development â?? Prime Location & Accessibility - Strategically positioned on MLK Jr. Highway, just south of Landover Road (MD 202), with: High traffic flow & excellent visibility WMATA bus stop on-site (A12 & F12 routes) Surrounded by businesses, churches, and residential communities Endless Development Potential: ð?¢ Commercial Expansion - Develop a high-traffic retail hub while keeping rental income from existing homes. ð?¡ Residential Growth - Build a modern townhome community in a sought-after location. ð??¡ Mixed-Use Possibilities - Create a live-work-play environment with shops and housing. ð??¢ Investors & Developers - This is your chance to transform a high-potential site into a thriving destination! Option 2. Own a shipping business and need storage space? Convert this standalone commercial building into a warehouse while continuing to rent out the two existing homes for steady income! ð??° Rental Income Potential: ð?¡ 2-Bedroom Home: $1,900/month ð?¡ 5-Bedroom Home: $2,800/month â?? Total Annual Rental Income (Homes): $56,400 ð?¢ Flex Space Rental (After Renovation): ð??¼ $8K-$10K/month â?? Total Annual Rental Income (Flex Space): $96,000+ ð??? Potential Annual Income: Over $150K! If you don't want to purchase the other properties together, you can choose to purchase just 7300 Martin Luther King Jr Hwy separately for $1 million. ð??? Contact us today to explore the possibilities!
Welcome to this beautifully updated single-family home, offering the ease of one-level living at its finest-plus the added advantage of Commercial Neighborhood zoning, which may allow for a home-based business! Recent renovations make this home move-in ready, including a newer (2-year-old) roof, fully paid-off solar panels (transferrable at zero cost!), brand-new vinyl hardwood flooring throughout the main level, fresh paint, new kitchen cabinets with sleek quartz countertops, and new carpet in the upper-level bedroom/loft area. A spacious driveway provides ample parking for up to six vehicles. Conveniently located just minutes from Washington, D.C., with easy access to shops, restaurants, and the Capitol Heights Metro Station (only about a mile away!). Dont miss this incredible opportunity-schedule your showing today!
Back on market. Sited in a qualified census tract these 1.81 acres of CGO zoned land, can be developed as upto 86 market rate residential units as well as upto 110 affordable residential units, are steps from the D.C./MD line in Prince Georges County. Sellers have a clean Phase 1, an ALTA survey & concept plans from one of the top architectural firms in the county, for an affordable (LIHTC) execution, that can all be provided to assist with due diligence. Aside from the residential execution, numerous retail, office & mixed use executions are allowable by right within the CGO zone. Land of this size/density & location does not come to market often so call your agent & capitalize on the booming growth of Prince Georges County. 5302 & 5326 Sheriff rd are part of this offering - 3 parcels together totaling the 1.81 acres.
Totally renovated in 2024, this building is 100% vacant and ready to provide plenty of income to the right owner! Brand new construction and renovations to all 6 apartments. All units include: new appliances including: washer and dryer, dishwasher, microwave, gas oven and more. The building has intercoms allowing video of guests at the front door and electric door locks controlled by the intercom. Two storage closets in the building, cement pad for trash cans and security cameras on each side of the building. This area of Deanwood features newly opened restaurants, bars, markets., and Wal Mart! Close to 295 which offers quick access to Downtown DC, Maryland and Northern Virginia. Features include: Central heating and A/C, on street parking, internet included.
Exceptional Business Opportunity - Elegant 10-Bedroom Colonial Just Minutes from D.C. Step into a rare and remarkable investment opportunity with this stately 10-bedroom, 3.5-bathroom Colonial residence, ideally positioned just minutes from the heart of Washington, D.C., and a short 10-minute drive from the University of Maryland Global Campus. Currently listed on Airbnb, this well-maintained property has welcomed hundreds of guests over the past two years, consistently generating strong occupancy and positive reviews. With spacious accommodations and a prime location, it offers a turnkey solution for short-term rental success, group lodging, or even a boutique guesthouse venture. Take advantage of the Tesla Solar panel available with little energy bills. All sofas, mattresses, TV, sheets, conveys. Get the instant cash flow you have been looking for after closing. NO HOA. The home exudes classic charm, complemented by modern amenities and expansive living spaces that cater to both comfort and convenience. Whether you're a seasoned investor or a visionary entrepreneur, this property stands as a versatile, income-generating gem in a highly desirable area. Seize the chance to own a thriving business with proven returns, all while holding prime real estate in the D.C. metropolitan area.
ð?ð±ð?ð?ð¥ð¥ð?ð§ð ð¢ð§ð¯ð?ð¬ðð¦ð?ð§ð ð¨ð©ð©ð¨ð«ðð®ð§ð¢ðð² ð¢ð§ ðð¡ð? ð?ð?ð?ð§ð°ð¨ð¨ð ð§ð?ð¢ð ð¡ð?ð¨ð«ð¡ð¨ð¨ð ð¨ð? ð?ð?ð¬ð¡ð¢ð§ð ðð¨ð§, ð?ð?. This ð?ð®ð¥ð¥ð² ð¨ð?ð?ð®ð©ð¢ð?ð ð?ð?-ð®ð§ð¢ð multifamily property-comprised of ten 3-bedroom units, one 2-bedroom unit and one 1-bedroom unit-was recently acquired through foreclosure and is being ð¬ð¨ð¥ð ð¬ðð«ð¢ð?ðð¥ð² ð?ð¬-ð¢ð¬. The building includes over 9,700 square feet across three stories and features off-street parking for 11 vehicles. Located ð?ðð£ð?ð?ð?ð§ð to the ð?ð?ð?ð§ð°ð¨ð¨ð ð?ð?ðð«ð¨ ð?ðð?ðð¢ð¨ð§ and Deanwood Recreation Center, with immediate access to major commuter routes including I-295, the property is positioned in a rapidly improving corridor with strong rental demand. The Deanwood area continues to attract both public and private investment, reinforcing its appeal for long-term multifamily ownership. Notice of Sale was delivered to all tenants on April 15, 2025, in accordance with TOPA.â?¨Do not disturb occupants. No unit access will be permitted without an accepted offer. Ideal for experienced investors seeking a stabilized income-producing asset with continued growth potential. All information shall be independently verified by the buyer.
THE OPPORTUNITY: Foote Flats is a 12-unit multifamily building located in the highly desirable Deanwood neighborhood. This property offers a prime opportunity for value creation though a combination of physical upgrades and repositioning. SIGNIFICANT VALUE-ADD POTENTIAL: The building offers multiple avenues for increasing revenue. Current rents are well below market levels, with comparable units in the area achieving higher rents. Investors can further capitalize by reconfiguring units, optimizing layouts, and leveraging current vacancies to increase gross rental income. ABOVE-AVERAGE UNIT SIZES: The units are larger than typical comparables in the area, offering flexibility for a new owner. This additional square footage presents conversion opportunities-such as transforming one-bedroom units into two-bedroom configurations and two-bedrooms into three-bedroom layouts-further enhancing the assets value and return on investment. PRIME, WELL-CONNECTED LOCATION: The Property is located just a 15-minute walk from the Capitol Heights Metro Station and sits directly adjacent to Eastern Avenue, with convenient access to multiple bus routes. This central location offers excellent connectivity across the DMV region, meeting the growing demand for housing options with easy access to public transportation. PROXIMITY TO HD WOODSON HIGH SCHOOL: The Propertys proximity to HD Woodson High School offers a strategic advantage. Being just a block away from this newly renovated school with modern facilities and active community programs makes the location especially attractive to families. This appeal is likely to drive demand for larger units, foster long-term leases, and enhance the overall neighborhood desirability.
Great opportunity to own a piece of property in DC. Nice office with new kitchen and bath. Awesome place to meet your clients.
Want to be your own boss? Opportunity is knocking... For just $185k, you can own a 4,000 sqf auto repair shop (Business for sale only, not including Real Estate). Tools and equipments are worth more than $120k. Some of the features including: One office, a waiting room, second level for storage, 1 full bath and 2 half baths, 3 lifts, an additional lift for alignment, tire changing station, milling machine for rotor re-surfacing, alignment equipments, Snap-on OBD2 scanner, Snap-on Ac charger, Welder, Transmission Fluid flush machine. This auto repair shop has been serving the community and customers with integrity for many years. The business at this shop are not just from personal automobiles but including corporation's auto fleet, the business income is stable, and profitable. Low monthly rent ($3,436.00) and the lease is good until 2029. If interested, please contact listing agent directly to make an appointment. Please do not come to the shop without appointment. Please do not interrupt employees. Thank you for your cooperation.
Established for over 10 years, this well-known and highly regarded restaurant serves the African diaspora and beyond with authentic Senegalese dishes. With an annual gross revenue of $440k, it stands as a profitable venture with significant growth potential. Lease: $2800/ month. utilities : $500/ month Key Features: Reputation: Well-established with a strong customer base. Cuisine: Specializing in authentic Senegalese cuisine. Revenue: Grossing $440k annually. Growth Opportunities: Additional Services: Potential to increase revenue by offering new services. Liquor License: Currently does not have a liquor license, presenting an opportunity for additional income. Interior Reconfiguration: With proper reconfiguration, the interior can accommodate more seating, increasing patron capacity. Contact Us: Don't miss this opportunity! Contact us today for more information.
This unique mixed-use property, with its commercial (office and retail) and residential zoning, offers a range of possibilities, making it an excellent investment opportunity.
Incredible Opportunity in Hot Deanwood! Over 3400 Sqft On 2 Levels, Zoned R-2, on a 5,188 sqft Lot! Previously used a religious facility. Upper Level Set Up with Large Open Room, Elevator, and Office plus Staircase in Rear. Lower Level features Large Open Room, Kitchen, Two Commercial Bathrooms, and Storage. Less than a Mile to Minnesota Ave Metro! Restaurants, Grocery, Parks and Schools within Walking Distance. Just Minutes to 295, Benning and E Capitol St. Fast Growing Area and Centrally Located.
Welcome to the Historic 3501 Bunker Hill Road! A two and a half story, L-shaped 15,000 SQFT uncoursed ashlar masonry building designed in the Classical Revival Style. The portico is supported by four evenly spaced wood Tuscan Columns. An addition in a much different style was added to the back of the Church to accommodate the growing congregation. The sanctuary, which includes an upper balcony, has an estimated seating capacity of 350 seats. Other highlighted features are segmental-arched stained-glass windows, fireplace, fellowship or banquet hall with a seating capacity of 150 seats, commercial kitchen, offices, meeting rooms, classrooms ,storage rooms, conference room and six bathrooms. Some areas require TLC. Sold as is.
Congressional Commercial, LLC (â??CCâ?) is pleased to present 4009 34th Street, Mount Rainier MD 20743 (the â??Propertyâ?). Located within the historic Mount Rainier Town Center - known for its walkable shops, vibrant arts, and historic neighborhoods, the property measures approximately 2,300 square feet on two levels, with a first-floor dining area and open kitchen/grille as well as a fully operational lower level that includes an office, 1/2 bath, built-in refrigeration and triple sink and additional freezer space. The building was most recently occupied by a fast-casual restaurant and catering concern. In late 2024 there was a fire in the building. Ownership is in the process of making repairs to the property and doing so would be a condition of closing. Also for lease @ $4,250/mo, NNN. The building is served with 3-phase power, natural gas and municipal water and sewer. The updated kitchen features a new hood and exhaust system, grease trap, and multiple triple and hand sinks as well as one 1/2 bath on each level. Vintage 1930s tin ceilings on the main level and original skylight and bay windows provide great light. Zoning is L-MUTC, which permits a wide variety of commercial uses. The property is located off of Rhode Island Avenue and proximate to retailers, restaurants, City Hall, bu stops, and close to the MD / DC line at Eastern Avenue. The local area is serviced by WMATA Metro Bus lines with access to Metros Green Line.
Ikon Realty is pleased to exclusively present a prime RARE industrial asset with value-add potential property. It is a rare opportunity in Northeastern Washington, It is a PDR-1 zoned land, which permits a wide variety of uses, including agricultural, animal sales/boarding/shelter, arts, design, college/university, daytime care, restaurants, schools, place of worship, medical, auto repair, auto sales, office and more. This industrial property sits in the fast-growing neighbourhood which has seen 100s of Millions of Dollars in planned and completed developments nearby, including The Villages at Dakota Crossing, RIA DC, and the Franklin and Reed Development. The property has been owner- occupied office use and rented auto repair/body shop that have drive-in doors, at the the front and in the back as well. The auto shop has 3 bays, and a paint booth.
THIS IS A TURN KEY HOOKAH LOUNGE OPERATION SALE , GOOD ATMOSPHERE TO RELAX WITH FRIENDS, HOST MEETINGS, BIRTHDAY PARTIES ,PLAY GAMES , WATCH SPORTS, TOTALRELAXATION AND FUN . THE HOST CAN BRING THEIR LIQUOR BUT THE OPERATOR IS NOT LICENSED TO SELL LIQUOR BUT OPERATOR CAN SELL SODA ,JUICE ,ICE . THE RENT IS $6500 MONTHLY, LOCATED IN A CENTRALLY LOCATED DISTRICT ON RHODE ISLAND AVE .THE HOOKAH LOUNGE IS LICENSED FOR 24 HRS OPERATION
Large commercial building WITH DETACHED storage building. building was formerly used as offices for an electrical contractor. Each level can be separately rented, as each has a private entrance. Main level has private entrance from front, side entrance, 4 offices, 1 half bath, plumbed bath used as storage closet and kitchen area. Upper level has private entrance from Franklin Street (front), interior access stairwell, and is a large open space with a full bath, a half bath, and a kitchen area. The basement is mostly finished and has 2 bathrooms, 3 closets and an additional room with 6 ft ceilings currently used for storage. Basement has a separate entrance and only needs carpeting to complete the space. The DC commercial class code 042 refers to a structure designed primarily for office/retail use. Parking is available on the driveway to the left of the building in front of the detached storage building that is included in the sale. This is a very nice large building with great street frontage. 2 vacant lots to the left (3012 and 3014 Franklin St NE) are also for sale in separate listings but owner will make a deal to sell all three parcels together). The two vacant lots are currently used as a large paved parking area with 4 separate entrances (one on Yost, two on Franklin St and one on the alley that comes off of Yost).
THIS IS A DEVELOPER'S DELIGHT, PLEASE SEE THE SCHEMATIC PLANS TO SEE WHAT YOU CAN DO WITH THIS SPACE, RIGHT AT THE CORNER OF EASTERN AVE & RHODE ISLAND AVE NE ,BOUNDARY LINE BETWEEN WASHINGTON DC & MARYLAND . SERIOUS DEVELOPEMENTS GOING ON IN THIS AXIS, PROPERTY ON THE MAIN STREET OF R.I AVE . IDEAL FOR MULTIFAMILY APARTMENT USE . THE SPOT WAS FORMERLY A RESTAURANT. PLEASE CARRY OUT YOUR DUE DILIGENCE
Motivated seller, bring an offer! Seller financing available. Renovated turnkey five unit building for sale in Marshall Heights. Pro forma cap rate is 9%+ Unit mix consists of four 2 bedroom units and one 1 bedroom unit. Three occupied units: unit 1 (2 bedroom/1 bath, $1,472/month), unit 2 (1 bedroom/ 1 bath, $1,525/month), unit 3 (2 bedroom/1 bath, $1,475/month) and unit 5 (2 bedroom/1 bath, $1,757/month). Units 4 and 5 are vacant. Vacant units are move-in ready. Ownership received approval from DCHA for a rent of $1,757/month for the vacant units. Current and projected rents include all utilities (electricity, water, sewer, trash). Gas is available but it is not being utilized at the property. All units and renovated and feature newer kitchens, bathrooms, appliances, and flooring. Units have individual HVAC systems and water heaters. Building has a large unfinished utility room adjacent to the basement unit (unit 5). This space could be used for expansion of the basement unit. Lot is 6,758 SF and it may be possible to expand the existing structure. R-2 zoning. Great for investors. Please see the Offering Memorandum for more information!
Beautifully restored historic firehouse and converted into a 250-seating church with an approx. 60 cars parking. After over 10 years of service, the church has grown and moving into a larger space. The building is currently zoned R-1-B (residential) and may continue to be used as church, School, Day care, public/private institution and much more with a required zoning relief. The 3-story building has 8500 SQ. FT of improved space. THE LISTING PRICE INCLUDES ALL 3 ADJACENT LOTS (809,804,805,814) totaling 20,000 SQ. FT- PRICED FOR QUICK SELL. *** 48 HR ADVANCE NOTICE NEEDED FOR ALL SHOWINGS***
This is a rare opportunity to secure a prime business location at the corner of Central Ave and Ritchie Rd in Capitol Heights. The building itself, spanning 6,316 sq ft on a .34-acre lot, offers incredible versatility. Whether you're looking to start a new business, relocate, or create a steady stream of passive income, this property is a perfect canvas for your vision. The location is simply unbeatable-just minutes from Washington DC and major beltways, with constant traffic flowing through the area. Its not just about the square footage or the convenient parking and loading dock. It's about the endless potential this space offers under its (IE) Industrial Employment zoning. From light industrial development to research and beyond, this space is ready to be transformed into something truly special.
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