Well-Maintained Duplex with Rental
407-409 MCDOWELL Avenue, Hagerstown, MD 21740
MULTI_FAMILY - HAGERSTOWN, MD
Property size:
2,588 SFLot size:
0.16 AcresPrice / SF:
$115/SF- Added:
- Feb 5, 2026
- Days on Market:
- 105
- Last Refresh:
- May 21 at 4:06 pm
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
- 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
Listing agent Roberto G. Gonzalez License #598229 (301) 991-0207
Listing office RG Realty, Inc. 12907 Oak Hill Avenue, SMITHSBURG, MD (240) 203-6393
Listing date Feb 5, 2026
MLS# MDWA2033930
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.
HighLights
- Established rental income from two residential units and a separately rented garage provides diversified income streams.
- Value‑add opportunity exists through gradual rent increases, as current rents are below market levels.
- Long‑term tenants in both residential units ensure stable occupancy and consistent rental performance.
- Separately rented garage provides additional income.
- Property is well‑maintained.
- Brick construction and central air conditioning.
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
Insight Report
Location Intelligence
Current Use by Public Records
Duplexes
Location Insight
- Map
- Local Demand
- City
- Hagerstown
- County
- Washington
- State
- Maryland
- Longitude
- -77.72527
- Latitude
- 39.65234
Nearby Similar for Sale
FAQs
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: Established rental income from two residential units and a separately rented garage provides diversified income streams.; Value‑add opportunity exists through gradual rent increases, as current rents are below market levels.; Long‑term tenants in both residential units ensure stable occupancy and consistent rental performance.
