Updated Multifamily Investment
7404 COLUMBIA Ave College Park, MD 20740
For Sale
$1,725,000
Six-unit multifamily property in College Park with steady rental income.
Days on Market96
Property Features for 7404 COLUMBIA Ave
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1959
Listing Agency:
Compass
(202) 280-2060
Listed By:
Jennifer S Smira · License #SP600505
(202) 280-2060
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 27 at 4:59AM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Compass
Investment Insights
Based on property information with market context.
This six-unit multifamily property is an offering for investors. The building produces approximately $109,200+ in annual rental income. The previous rent roll reflects consistent performance across all units: Unit 1 – $1,500/month | Unit 2 – $1,500/month | Unit 3 – $1,500/month | Unit 4 – $1,600/month | Unit 5 – $1,500/month | Unit 6 – $1,500/month, with a bonus lower-level area offering potential unit expansion opportunities. Each residence has been modernized with finishes, including quartz kitchen countertops, stainless steel appliances, upgraded cabinetry, tile backsplashes, bathrooms, and flooring throughout. Tenants have mini-split HVAC systems in every unit. The lower level includes a shared laundry area with room for additional storage or future value-add enhancements. Situated on a generous lot, the property features a large paved driveway and parking area accommodating up to nine vehicles. The building sits moments from neighborhood parks, trails, the University of Maryland, restaurants, cafés, and daily conveniences. The property has easy access to I-495 and Route 193. The location supports tenant retention and positions the asset for long-term appreciation. The property is located in College Park. The bike score is 90, the walk score is 78, and the transit score is 43.
Key Highlights
- Fully renovated six‑unit building generating $109,200+ in annual rental income
- Each unit features modern upgrades: quartz countertops, stainless steel appliances, upgraded cabinetry, tile backsplashes, luxury bathrooms, and durable flooring
- Mini‑split HVAC systems in every unit
Property Analytics
Property Profile
Location Intelligence
Current Use
Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit multifamily property in College Park with steady rental income.
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: Fully renovated six‑unit building generating $109,200+ in annual rental income; Each unit features modern upgrades: quartz countertops, stainless steel appliances, upgraded cabinetry, tile backsplashes, luxury bathrooms, and durable flooring; Mini‑split HVAC systems in every unit
