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    263 National Hwy Lavale, MD 21502

    Sponsored
    For Sale
    $265,000

    MULTI_FAMILY - Other - LAVALE, MD

    Property size:
    1,472 SF
    Lot size:
    0.27 Acres
    Days on Market:
    2
    Last Refresh:
    Jan 10 at 11:06 am

    Property Features for 263 National Hwy

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement, Dining Room
    Parking
    6
    Parking features
    Driveway, On Street, Off Street, Garage - Attached
    Interior features
    Carpet, Floor Plan - Open, Formal/Separate Dining Room, Walk-in Closet(s)
    Appliances
    Dishwasher, Oven/Range - Electric, Refrigerator, Microwave
    Size
    1,472 SF
    Lot size
    0.27 Acres

    Utilities

    Heating system
    Baseboard, Electric (Heating), Forced Air

    Building Details

    Year built
    1900
    Number of units
    3
    Building materials
    Vinyl Siding, Block
    Architectural style
    Other

    eXp Realty LLC (888) 860-7369 [email protected]

    Listing agent Pamela A Terry (301) 697-1442 License #523439

    Listing date Jan 9, 2026

    MLS# MDAL2013686 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Updated Triplex with Garage

    This well-maintained three-unit multifamily property offers immediate income potential and long-term value. The main house has been completely remodeled and is suitable for an owner-occupant or premium rental. It features luxury vinyl plank flooring and an updated kitchen equipped with an electric stove, refrigerator, microwave, and dishwasher. The main residence includes 2 bedrooms, 1 full bath, a separate dining room, and front and side porches. An unfinished basement provides storage space. Driveway parking and a 3-car garage are included. At the rear of the property are two additional income-producing units with long-term tenants. Unit 263 A features 2 bedrooms, 1 full bath, electric baseboard heat, and a living room with a wood-burning fireplace. Flooring includes carpet in one bedroom, bamboo flooring in the second, and tile in the kitchen and bath. Unit 263 A - Suite #2, remodeled in 2017, offers 1 bedroom and 1 full bath and baseboard heat. The owner pays water for the two rear units, and the 3-car garage below is currently used as tenant storage. Additional updates include vinyl replacement windows, a new exterior door, and architectural shingles on the main house. The property is located in LAVALE, MD, on a lot of 0.27 acres.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Building Supply Clothing Store Auto Repair Shop Pharmacy

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Lavale
    County
    Allegany
    State
    Maryland
    Longitude
    -78.80239
    Latitude
    39.6651

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    FAQs

    What type of property is this?
    Triplex - Well-maintained three-unit property with immediate income potential.
    Where is this triplex located?
    The property is located at 263 National Hwy Lavale, MD.
    What is the asking price?
    The asking price for this property is $265,000.
    What are key features of this property?
    This property features: - Fully updated main house (263 B) ideal for owner-occupancy or premium rental, featuring luxury vinyl plank flooring and updated kitchen with appliances.; - Strong rental income potential from two existing tenant-occupied units (263 A and 263 A - Suite #2) with long-term tenants.; - Includes a 3-car garage, currently used for tenant storage, offering future income potential.
    (301) 697-1442
    Request Owner's contact information
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    Lavale, MD 21502
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    263 National Hwy Lavale, MD 21502
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