409 McDowell Ave Hagerstown, MD 21740
Well-maintained duplex generating income with potential for rent growth.
Type:Multifamily
Property size:
2,588 SF- Added:
- Feb 5, 2026
- Days on Market:
- 55
- Last Refresh:
- Mar 17 at 1:14 pm
Property Features for 409 McDowell Ave
General Information
- Standard status
- Active
- Size
- 2,588 SF
- Property subtype
- Multifamily
Building Details
- Year Built
- 1910
Listing agent Roberto Gonzalez License #MD 598229
Listing office RG Realty Inc (240) 203-6393
Listing date Feb 5, 2026
Source Crexi
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 RG Realty Inc
Overview
Hagerstown Duplex with Rental Income
This well-maintained duplex presents an investment opportunity with established rental income and potential for future rent growth. The property includes two residential units and a garage rental, offering diversified income from a single location. The unit at 407 McDowell Street is rented for $1,275 per month, and a detached garage associated with this unit is rented separately for $55 per month on a month-to-month basis since 2018. The unit at 409 McDowell Street is rented for $1,200 per month on a month-to-month basis, with the original lease signed in 2019. Both residential units have long-term tenants, indicating stable occupancy and consistent rental performance. Current rents are below market levels, creating an opportunity for a new owner to increase rents over time while maintaining tenant stability. The property, with a size of 2588 square feet, is located in Hagerstown, MD. This duplex is suitable for an investor seeking immediate cash flow with the ability to improve returns through rent adjustments or a long-term holder looking to acquire an asset with proven income history and upside potential.
Location Intelligence
Current Use by Public Records
Santibanez Construction LLC
Construction Company
Location Insight
- Map
- Local Demand
- City
- Hagerstown
- County
- Washington
- State
- Maryland
- Longitude
- -77.7262106
- Latitude
- 39.6515688
Nearby Similar for Sale
FAQs
What type of property is this?
Duplex - Well-maintained duplex generating income with potential for rent growth.
Where is this duplex located?
The property is located at 409 McDowell Ave 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 detached garage.; Value‑add opportunity through increasing rents to current market levels.; Long‑term tenants in place, ensuring stable occupancy.
