OFF MARKET ROCKVILLE ROCKCREST RANCHER W BASEMENT – $375K BUY IT NOW

$375,000 • 3 Beds / 1 Baths • 806 SqFt
Offer Submission Deadline
  • Single Family House
  • 3
  • 1
  • 1951
  • 806
  • 7652

Description

Address: 1212 Allison Dr, Rockville, MD 20851

Bed / Bath Count: 3 Bed / 1 Bath

Property Type: Detached Rancher – Rockville (Montgomery County)

Sq Ft: 806 Sq Ft Above Grade + Unfinished Basement

Year Built: 1951

Mechanicals / Highlights:

Central HVAC, classic rancher layout, unfinished basement (partially started but not completed) offering value-add opportunity, compact footprint ideal for efficient renovation, strong end-buyer demand in Rockville location, detached home with solid resale upside.

ARV: $575,000+

Start Price / Buy It Now:

$385,000 Start Price

$400,000 Buy It Now

Comps:

• 1131 Parrish Dr – Sold $593,000 (1/5/26 – no basement)

• 1910 Rockland Ave – Sold $583,000 (8/25/25)

• 1913 Rockland Ave – Sold $625,000 (9/23/25 – no basement)

Investment Notes:

Rockville detached homes with similar size and layout are consistently trading in the high $500Ks to $600Ks, even without basements, supporting strong upside for a clean renovation. Basement offers additional value potential compared to competing comps.

Vacant and secured – ready for immediate access and quick close.

Estimated Spread

  • ARV $575,000
  • Price $365,000
  • Spread $210,000