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Updated Multifamily Investment Property

7404 COLUMBIA Ave, College Park, MD 20740

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For Sale

$1,725,000

Six-unit multifamily property in College Park with steady rental income.

Type:Commercial

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
Large paved driveway and parking area for up to nine vehicles
Excellent location with easy access to I‑495 and Route 193, near the University of Maryland, parks, restaurants, and daily conveniences
Lower level with shared laundry and potential for unit expansion

We can help!

Listing Contact

Jennifer S Smira

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For Sale

$1,725,000

Six-unit multifamily property in College Park with steady rental income.

Type:Commercial

Added:: Apr 24, 2026
Days on Market:: 50
Last Refresh:: Apr 24 at 8:19 pm

Property Features for 7404 COLUMBIA Ave

General Information

Standard status: Active
Property subtype: Commercial

Building Details

Year Built: 1959

We can help!

Listing Contact

Jennifer S Smira

Listing agent Jennifer S Smira License #SP600505

Listing office Compass

Listing date Apr 24, 2026

Source Elliman

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

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
Large paved driveway and parking area for up to nine vehicles
Excellent location with easy access to I‑495 and Route 193, near the University of Maryland, parks, restaurants, and daily conveniences
Lower level with shared laundry and potential for unit expansion

Overview

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.

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Local Demand

City: College Park
County: Prince George's
State: Maryland
Longitude: -76.9295392
Latitude: 38.9795981

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For sale
Apartment buildings
MD
College Park
20740
7404 COLUMBIA Ave

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