7404 Columbia Ave, College Park, MD 20740
Local realty services provided by:ERA Central Realty Group
7404 Columbia Ave,College Park, MD 20740
$1,725,000
- 6 Beds
- - Baths
- 5,200 sq. ft.
- Multi-family
- Active
Listed by: jennifer s smira, kaushik rath
Office: compass
MLS#:MDPG2184292
Source:BRIGHTMLS
Price summary
- Price:$1,725,000
- Price per sq. ft.:$331.73
About this home
Please contact listing agent for full photo gallery. Six unit multi-family offering. A rare offering for investors seeking a fully updated, high-performing multifamily asset in one of Maryland’s most rapidly growing rental markets. 7404 Columbia Ave is a beautifully renovated six-unit building producing approximately $109,200+ in annual rental income, supported by steady demand and low operating expenses. The previous rent roll reflects consistent, reliable 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 thoughtfully modernized with elevated finishes, including quartz kitchen countertops, stainless steel appliances, upgraded cabinetry, tile backsplashes, luxury bathrooms, and durable flooring throughout. Tenants enjoy year-round comfort from 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, a rare advantage in the College Park rental market. Perfectly located with easy access to I-495 and Route 193, the building sits moments from neighborhood parks, trails, the University of Maryland, restaurants, cafés, and daily conveniences. This central position supports strong tenant retention and positions the asset for long-term appreciation. Whether you're expanding your investment portfolio, considering an owner-occupant strategy, or seeking a 1031 exchange replacement, 7404 Columbia Ave stands out as a fully modernized, income-producing multifamily property in the heart of College Park.
Contact an agent
Home facts
- Year built:1959
- Listing ID #:MDPG2184292
- Added:70 day(s) ago
- Updated:February 11, 2026 at 02:38 PM
Rooms and interior
- Bedrooms:6
- Living area:5,200 sq. ft.
Heating and cooling
- Cooling:Ceiling Fan(s), Ductless/Mini-Split
- Heating:Electric, Wall Unit
Structure and exterior
- Year built:1959
- Building area:5,200 sq. ft.
- Lot area:0.28 Acres
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,725,000
- Price per sq. ft.:$331.73
- Tax amount:$13,276 (2025)
New listings near 7404 Columbia Ave
- New
$489,900Active3 beds 2 baths1,569 sq. ft.9510 48th Pl, COLLEGE PARK, MD 20740
MLS# MDPG2191386Listed by: FOSTER SPAHR AND COMPANY - New
$532,500Active3 beds 3 baths1,867 sq. ft.3417 Duke St, COLLEGE PARK, MD 20740
MLS# MDPG2141350Listed by: LONG & FOSTER REAL ESTATE, INC. - New
$474,000Active3 beds 2 baths1,670 sq. ft.8504 49th Ave, COLLEGE PARK, MD 20740
MLS# MDPG2190702Listed by: RE/MAX UNITED REAL ESTATE - New
$525,000Active4 beds 2 baths1,698 sq. ft.4614 Beechwood Rd, COLLEGE PARK, MD 20740
MLS# MDPG2190744Listed by: RE/MAX UNITED REAL ESTATE - New
$375,000Active5 beds 2 baths2,330 sq. ft.8803 48th Ave, COLLEGE PARK, MD 20740
MLS# MDPG2190630Listed by: RE/MAX UNITED REAL ESTATE - New
$165,000Active2 beds 2 baths1,390 sq. ft.6100 Westchester Park Dr #tr11, COLLEGE PARK, MD 20740
MLS# MDPG2190718Listed by: RE/MAX PROFESSIONALS - New
$2,150,000Active7 beds 4 baths2,500 sq. ft.4702 N. Tecumseh St, BERWYN HEIGHTS, MD 20740
MLS# MDPG2190592Listed by: REAL BROKER, LLC - GAITHERSBURG
$315,000Active-- beds -- baths1,397 sq. ft.4805 Berwyn House Rd #a4805, COLLEGE PARK, MD 20740
MLS# MDPG2190452Listed by: RE/MAX UNITED REAL ESTATE
$535,000Active5 beds 3 baths2,464 sq. ft.4501 Beechwood Rd, COLLEGE PARK, MD 20740
MLS# MDPG2190458Listed by: RE/MAX UNITED REAL ESTATE
$415,000Active4 beds 2 baths1,632 sq. ft.5112 Navahoe St, COLLEGE PARK, MD 20740
MLS# MDPG2190430Listed by: RE/MAX UNITED REAL ESTATE