407-409 Mcdowell Ave, Hagerstown, MD 21740

Local realty services provided by:ERA OakCrest Realty, Inc.
407-409 Mcdowell Ave,Hagerstown, MD 21740
$299,000
  • 6 Beds
  • - Baths
  • 2,588 sq. ft.
  • Multi-family
  • Active
Listed by: roberto g. gonzalez
Office: rg realty, inc.
MLS#:MDWA2033930
Source:BRIGHTMLS

Price summary

  • Price:$299,000
  • Price per sq. ft.:$115.53

About this home

Under the Maryland Tenants’ Bill of Rights, tenants must be provided 30 days to exercise their right of first refusal once an offer is accepted. This well-maintained duplex presents a solid investment opportunity with established rental income and clear upside through future rent growth. The property consists of two residential units plus a separately rented garage, creating diversified income from a single location. The unit at 407 McDowell Street is currently rented for $1,275 per month. In addition, the detached garage at 407 McDowell 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 for $1,200 per month, also 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...

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Home facts

  • Year built:1910
  • Listing ID #:MDWA2033930
  • Added:53 day(s) ago
  • Updated:March 30, 2026 at 01:32 PM

Rooms and interior

  • Bedrooms:6
  • Kitchen Description:Kitchen - Table Space
  • Basement:Yes
  • Basement Description:Connecting Stairway, Full, Outside Entrance, Unfinished
  • Living area:2,588 sq. ft.

Heating and cooling

  • Cooling:Central A/C
  • Heating:Forced Air, Oil

Structure and exterior

  • Year built:1910
  • Building area:2,588 sq. ft.
  • Lot area:0.16 Acres
  • Construction Materials:Brick
  • Foundation Description:Stone

Schools

  • High school:SOUTH HAGERSTOWN SR
  • Middle school:WESTERN HEIGHTS

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$299,000
  • Price per sq. ft.:$115.53
  • Tax amount:$2,373 (2014)

Parking

  • Parking description:On Street, Shared Driveway