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5-Unit Apartment Building

417 Prince George St, Laurel, MD 20707

For Sale
$375,000

A vacant multifamily property with a one-bedroom, one-bathroom layout in each unit and extensive renovation needs.

Property Size2,784 SF
Price / SF$134.70
Days on Market11

Property Features for 417 Prince George St

General Information

Standard status Active
Size 2,784 SF
Property subtype Commercial

Property Condition

Severity Major Repairs Needed
Evidence requires extensive repairs and renovation

Units

Unit Mix 5 x 1BR/1BA
Multifamily Units 5

Additional Details

Public Transit Yes

Building Details

Year Built 1930
Buildings 1
Stories 2
Listing Agency: Cummings & Co. Realtors
Listed By: Steven Miller · License #653917
Source: Baltimoreharfordhomesforsale
Added: Oct 29 Changed: Nov 6 Last Checked: Nov 8 at 7:30AM

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 Cummings & Co. Realtors

Rey
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Investment Insights

Based on property information with market context.

This 5-unit apartment building contains five separate residences, each with one bedroom, one full bathroom, and living space. A shared entrance serves the units. The building was constructed in 1930 and requires extensive repairs and renovation. All five units are vacant, allowing a new owner to assess the property and plan the work as a whole.

The building is in historic downtown Laurel, with local shops, restaurants, parks, public transportation, and commuter routes nearby. The property encompasses 2,784 square feet at 417 Prince George Street, Laurel, Maryland 20707.

Key Highlights

  • Five vacant units, each with one bedroom and one full bathroom
  • 2,784‑square‑foot apartment building constructed in 1930
  • Shared entrance serves all five residences

Property Analytics

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Lease Details

5
Residential units

Location Intelligence

Trade Area within ½ mile

1,746
Businesses Nearby

Demographics for 20707, MD

37,702
Population
15,146
Households
2.5
Avg Household Size
37
Median Age
45%
College-Educated
89%
High-School Grad
12.6 sq mi
ZIP Area
2,992
Density / Sq Mi
$104,093
Median Household Income
$58,633
Median Earnings
$1,880
Median Rent
$411,200
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Average Price Trend$/SF for Apartment buildings in Prince George's County, MD

$227 Jul
$225 Aug
$234 Sep
$234 Oct

Properties on Market for Apartment buildings in Prince George's County

Jul
Aug
Sep
Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Apartment building - A vacant multifamily property with a one-bedroom, one-bathroom layout in each unit and extensive renovation needs.
Where is this apartment building located?
The property is located at 417 Prince George St Laurel, MD.
What is the asking price?
The asking price for this property is $375,000.
What are key features of this property?
This property features: Five vacant units, each with one bedroom and one full bathroom; 2,784‑square‑foot apartment building constructed in 1930; Shared entrance serves all five residences
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