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Well-Maintained Duplex with Rental Income

407-409 MCDOWELL Avenue, Hagerstown, MD 21740

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For Sale

Under Contract

$299,000

MULTI_FAMILY - HAGERSTOWN, MD

Property size:

2,588 SF

Lot size:

0.16 Acres

Price / SF:

$115/SF

HighLights

Duplex built in 1910 with brick construction
Two residential units: 407 McDowell rented for $1,275/mo and 409 McDowell rented for $1,200/mo
Detached garage at 407 McDowell separately rented for $55/mo on a month‑to‑month basis (tenant since 2018)
Central air and forced‑air heating
Interior includes a kitchen with table space
Parking includes driveway and on‑street parking

We can help!

Contact an agent

Roberto G. Gonzalez

For Sale

Under Contract

$299,000

MULTI_FAMILY - HAGERSTOWN, MD

Property size:

2,588 SF

Lot size:

0.16 Acres

Price / SF:

$115/SF

Added:: Feb 5, 2026
Days on Market:: 151
Last Refresh:: Jul 6 at 4:06 am

Property Features for 407-409 MCDOWELL Avenue

General Information

Property type: Residential Multi Family
Property subtype: Other
Rooms: Basement
Parking features: On Street, Driveway
Interior features: Kitchen - Table Space
Standard status: Active Under Contract
Size: 2,588 SF
Lot size: 0.16 Acres

Taxes and HOA fees

Tax Annual Amount: 2374

Utilities

Heating system: Forced Air
Cooling system: Central Air

Building Details

Year built: 1910
Number of units: 2
Building materials: Brick

We can help!

Contact an agent

Roberto G. Gonzalez

Listing agent Roberto G. Gonzalez License #598229

Listing office RG Realty, Inc. 12907 Oak Hill Avenue, SMITHSBURG, MD

Listing date Feb 5, 2026

MLS# MDWA2033930 Listing URL

HighLights

Duplex built in 1910 with brick construction
Two residential units: 407 McDowell rented for $1,275/mo and 409 McDowell rented for $1,200/mo
Detached garage at 407 McDowell separately rented for $55/mo on a month‑to‑month basis (tenant since 2018)
Central air and forced‑air heating
Interior includes a kitchen with table space
Parking includes driveway and on‑street parking

Overview

This well-maintained duplex offers an investment opportunity with established rental income and potential for future rent growth. The property includes two residential units and a separately rented garage, providing diversified income from a single location. The unit at 407 McDowell Street is rented for $1,275 per month. The detached garage at 407 McDowell is rented separately for $55 per month on a month-to-month basis, with the tenant in place since 2018. The unit at 409 McDowell Street is rented for $1,200 per month, also on a month-to-month basis, with the original lease signed in 2019. Both residential units have long-term tenants, reflecting stable occupancy and consistent rental performance. The property is located in HAGERSTOWN, MD 21740, WASHINGTON County. The lot size is 0.1646 acres, and the property size is 2588 square feet. Current rents are below today's market levels, creating an opportunity for a new owner to gradually increase rents over time while maintaining tenant stability. This makes the property suitable for an investor seeking immediate cash flow with the ability to improve returns through measured rent adjustments. Overall, this duplex is an attractive option for an owner-investor or long-term holder looking to acquire a manageable asset with a proven income history and upside potential.

Property Profile Location Intelligence

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Duplexes

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Local Demand

City: Hagerstown
County: Washington
State: Maryland
Longitude: -77.72527
Latitude: 39.65234

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For sale
Duplexes
MD
Hagerstown
21740
407-409 MCDOWELL Avenue

What type of property is this?

Duplex - Duplex with rental income and potential for rent growth.

Where is this duplex located?

The property is located at 407-409 MCDOWELL Avenue Hagerstown, MD.

What is the asking price?

The asking price for this property is $299,000.

What are key features of this property?

This property features: Duplex built in 1910 with brick construction; Two residential units: 407 McDowell rented for $1,275/mo and 409 McDowell rented for $1,200/mo; Detached garage at 407 McDowell separately rented for $55/mo on a month‑to‑month basis (tenant since 2018)

407-409 MCDOWELL Avenue, Hagerstown, MD 21740

MULTI_FAMILY - HAGERSTOWN, MD

Property Features for 407-409 MCDOWELL Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

We can help!

HighLights

Overview

Current Use by Public Records

Suggested Use

Location Insight

Nearby Similar for Sale

Six-Unit Apartment Building

HAGERSTOWN Redevelopment Opportunity

Downtown Flex Building with Drive-Through

HAGERSTOWN Multifamily Investment Opportunity

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HAGERSTOWN Multi-Unit Investment Opportunity

HAGERSTOWN Multifamily Investment Opportunity

Brick Quadplex with Two-Bay Garage

Single-Story Four-Unit Apartment

Hagerstown Triplex: Investment Opportunity

5-Unit Multi-Family Building with Parking

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