407 Mcdowell Ave | Image 1
New
407 Mcdowell Ave | Image 2
407 Mcdowell Ave | Image 3

$299,000

4 hours ago

0 Bed

0 Bath

2588 sqft

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MLS® MDWA2033930

  • Key Facts
  • Description
  • Map

Key Facts

Type Duplex
Levels Residential Income
Size 2588 sqft
Garage No
Taxes $2,374
Days Active 0
Lot Size 0.16 acres
Approx. Age 1910
Avg. Price Per Sqft $115
MLS® Number MDWA2033930

Property Address: 407 Mcdowell Ave, HAGERSTOWN, MD, 21740-3660

Average square foot calculated using Size range provided by listing agent.

Description

This well maintained duplex offers a solid investment opportunity with established rental income and clear upside through future rent growth. The property consists of two residential units and an additional garage rental, providing diversified income from a single location. The unit at 407 McDowell Street is currently rented at $1, 275 per month. In addition, a detached garage associated with this unit is rented separately for $55 per month on a month to month basis, with the garage tenant in place since 2018. The unit at 409 McDowell Street is currently rented at $1, 200 per month 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. Current rents are below today’s market levels, creating a value add opportunity for a new owner to gradually increase rents over time while maintaining tenant stability. This makes the property well suited for an investor seeking immediate cash flow with the ability to improve returns through measured rent adjustments. The duplex is an attractive option for an owner investor or long term holder looking to acquire a manageable asset with proven income history and upside potential.
MLS® NumberMDWA2033930
Laundry Level
Central VacNo
FireplaceNo
Acreage0.16
Exterior
GarageNo
Approx. Age1910
BasementOutside Entrance, Connecting Stairway, Full, Unfinished
DrivewayShared Driveway, Driveway, On Street
Garage Spaces
Heat
A/C
Heating Fuel

Extras

Price History

-End Date
Not Sold YetSold Price

For Sale

Feb 5, 2026List Date
$299,000List Price
  • Commute

Commute

Starting Address
Destination Address
407 Mcdowell Ave, HAGERSTOWN, MD

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