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    7404 Columbia Ave College Park, MD 20740

    New
    For Sale
    $1,725,000

    MULTI_FAMILY - COLLEGE PARK, MD

    Property size:
    5,200 SF
    Lot size:
    0.28 Acres
    Days on Market:
    4
    Last Refresh:
    Dec 7 at 9:06 pm

    Property Features for 7404 Columbia Ave

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Rooms
    Basement
    Parking
    9
    Parking features
    Driveway, Off Street
    Appliances
    Disposal, Exhaust Fan, Refrigerator, Stove
    Size
    5,200 SF
    Lot size
    0.28 Acres

    Utilities

    Heating system
    Other (Heating)
    Cooling system
    Ductless, Ceiling Fan(s)

    Building Details

    Year built
    1959
    Number of units
    4
    Building materials
    Brick

    Compass (202) 491-1275 [email protected]

    Listing agent Jennifer S Smira (202) 280-2060 License #639332

    Listing date Dec 4, 2025

    MLS# MDPG2184292 Listing URL

    Copyright © 2025 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 Multifamily Property in College Park

    This six-unit multifamily property is located in College Park, Maryland. The building has been renovated and produces approximately $109,200+ in annual rental income. The units have been modernized with quartz kitchen countertops, stainless steel appliances, upgraded cabinetry, tile backsplashes, luxury bathrooms, and durable flooring. Each unit has mini-split HVAC systems. The lower level includes a shared laundry area with room for additional storage or future value-add enhancements. The property is situated on a 0.28-acre lot and includes a large paved driveway and parking area accommodating up to nine vehicles. It is located with easy access to I-495 and Route 193, near parks, trails, the University of Maryland, restaurants, cafes, and daily conveniences. The property offers potential unit expansion opportunities. The building size is 5,200 square feet.
    Property Profile Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Realty agency Law Firm Restaurant Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

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

    Location Insight

    • Map
    • Local Demand
    City
    College Park
    County
    Prince George's
    State
    Maryland
    Longitude
    -76.92956
    Latitude
    38.97958

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    FAQs

    What type of property is this?
    Apartment building - Six-unit multifamily property with steady income in a growing market.
    Where is this apartment building located?
    The property is located at 7404 Columbia Ave College Park, MD.
    What is the asking price?
    The asking price for this property is $1,725,000.
    What are key features of this property?
    This property features: - High-Performing, Fully Updated 6-Unit Multifamily Asset generating $109,200+ in annual rental income.; - Fully Renovated with Elevated Finishes: Quartz countertops, stainless steel appliances, upgraded cabinetry, tile backsplashes, luxury bathrooms, and durable flooring.; - Mini-Split HVAC Systems in Every Unit provide year-round tenant comfort.
    (202) 280-2060
    Request Owner's contact information
    7404 Columbia Ave College Park, MD 20740
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    College Park, MD 20740
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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
    7404 Columbia Ave College Park, MD 20740
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