USAMDLaurelTalbott Estates306 1/2 Montgomery St

New

$674,900

For Sale

3 days ago

306 1/2 Montgomery St, Laurel, MD

Name: 306 1/2 Montgomery St, For Sale in LAUREL - eXp Realty
Brand: homesmart
SKU: MDPG2215350
Price: 674900 USD

House

MLS® MDPG2215350

10 Bed

5 Bath

4840 sqft

Key Facts
Description
Map

Key Facts

Type Single Family Residence

Levels Residential

Size 4840 sqft

Garage No

Taxes $11,008

Days Active 2

Lot Size 0.3100000023841858 Acres

Approx. Age 1900

Avg. Price Per Sqft $139

MLS® Number MDPG2215350

Property Address: 306 1/2 Montgomery St, LAUREL, MD, 20707-4322

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

Description

CASH-FLOWING 5-UNIT VALUE-ADD OPPORTUNITY IN THE CITY OF LAUREL HISTORIC DISTRICT An opportunity for the investor looking for income today with room to create additional value tomorrow. 306 1/2 Montgomery Street is an established five-unit multifamily property (apartment building) featuring five 2-bedroom, 1-bath apartments, with four units currently occupied and one vacant. Large lot with rear parking. The property is currently cash-flowing and consistent property management has been in place for years—providing an incoming owner with an established operational foundation from day one. This is not being positioned as a fully renovated or turnkey asset. It is a value-add opportunity for an investor who recognizes the potential in improving an already income-producing property over time. Two of the four occupied units have received kitchen updates, while additional improvements throughout the building provide an opportunity to further enhance the property, rents, and long-term asset value. Unit 5 is currently vacant and represents the most immediate opportunity for renovation and repositioning. Interior photos shown in the listing are of Unit 5 only. Individual units have different interior layouts and flow, and the condition and improvements vary by unit. For investors who prefer to evaluate the numbers before pursuing an opportunity, a selling portfolio is available to qualified buyers and includes property financials, existing leases, rent information, and additional photographs of the occupied units. To respect tenant privacy and minimize unnecessary disruption, this information will be made available upon request to buyers who provide proof of funds or appropriate financing approval. Located in the City of Laurel Historic District with access to the Baltimore-Washington corridor, major commuter routes and a strong surrounding employment base, this property offers the combination value-add investors look for: existing income, established tenancy and management, a vacant unit ready for improvement, and additional opportunity to strengthen performance over time. Acquire the income that is already in place—and bring your strategy for what comes next. Do not disturb tenants.

MLS® NumberMDPG2215350

Laundry Level

Central VacNo

FireplaceNo

Acreage0.31

Exterior

GarageNo

Approx. Age1900

BasementFull, Interior Access, Outside Entrance, Side Entrance, Unfinished, Walkout Stairs, Windows

DrivewayPaved Parking, Private, Unassigned, Parking Lot, On Street, Off Street

Garage Spaces

HeatRadiator, Natural Gas

A/CNone

Extras

Price History

-End Date

Not Sold YetSold Price

For Sale

Aug 15, 2026List Date

$674,900List Price

Commute

Commute

Starting Address

Destination Address

Like what you see?

Complete the form and we'll be in touch. No login necessary.

Add a Comment

I want to view this property

By pressing "Take a Tour", I confirm that I have read and agree to the eXp Privacy Policy, and Terms of Use.

By pressing "Take a Tour", I am electronically signing and consenting to receive marketing comms about real estate brokerage and mortgage lending services, delivered via email, phone and/or text (using "automated technology" such as an automatic telephone dialing system, and/or an artificial or prerecorded voice), from eXp Realty® and its independent contractor real estate professionals and their affiliate SUCCESS® Lending using the contact information I provided. Your consent is not a condition of purchase and you may revoke it at any time by replying "STOP" to any texts. Text HELP for more info. Message and data rates may apply. You may also contact us directly at 1-844-683-4664.

Similar Listings

Comparable Properties

DMCA Notice

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply

Fair Housing and Reasonable Accommodations

MLS Compliance Statements

Karen Richards - Designated Managing Broker, Broker Operations - TX

Texas Real Estate Commission information about brokerage services

Texas Real Estate Commission Consumer Protection Notice

eXp Realty® is committed to adhering to the guidelines of The New York State Fair Housing Regulations.The Fair Housing Notice →

*Standardized Operating Procedure for Purchasers of Real Estate Pursuant to Real Property Law 442-H.Learn More →

eXp Realty of California, Inc. | CA DRE# 01878277 | Deborah Penny - Designated Broker

eXp Realty of Southern California, Inc. | CA DRE#01325837 | Jason Crawford – Designated Broker

eXp Realty of Greater Los Angeles, Inc. | CA DRE# 01240990 | Mike Mendibles - Designated Broker

eXp Realty of Northern California, Inc. | CA DRE# 01951343 | Ryan Rosas - Designated Broker