7404 Columbia Ave, College Park, MD 20740
Local realty services provided by:Better Homes and Gardens Real Estate Reserve
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:8 day(s) ago
- Updated:December 13, 2025 at 02:29 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
$450,000Active4 beds 2 baths1,876 sq. ft.4822 Osage St, COLLEGE PARK, MD 20740
MLS# MDPG2185966Listed by: COMPASS - Coming Soon
$499,000Coming Soon4 beds 2 baths9723 Narragansett Pkwy, COLLEGE PARK, MD 20740
MLS# MDPG2185472Listed by: SAMSON PROPERTIES
$575,000Pending4 beds 2 baths1,542 sq. ft.4615 Amherst Rd, COLLEGE PARK, MD 20740
MLS# MDPG2184290Listed by: LONG & FOSTER REAL ESTATE, INC.- New
$363,750Active4 beds 2 baths1,638 sq. ft.5015 Iroquois St, COLLEGE PARK, MD 20740
MLS# MDPG2185062Listed by: EXP REALTY, LLC
$535,000Pending3 beds 2 baths1,304 sq. ft.4807 Guilford Rd, COLLEGE PARK, MD 20740
MLS# MDPG2183916Listed by: LONG & FOSTER REAL ESTATE, INC.
$149,900Active1 beds 1 baths865 sq. ft.6018 Westchester Park Dr #6018 T-1, COLLEGE PARK, MD 20740
MLS# MDPG2184444Listed by: THE AGENCY DC
$169,900Active1 beds 1 baths928 sq. ft.6100 Westchester Park Dr #406, COLLEGE PARK, MD 20740
MLS# MDPG2183618Listed by: CITIWIDE REALTORS INC.
$109,987Pending2 beds 2 baths1,257 sq. ft.6100 Westchester Park Dr #915, COLLEGE PARK, MD 20740
MLS# MDPG2183310Listed by: RE/MAX LEADING EDGE
$544,990Active5 beds 3 baths3,047 sq. ft.MM Davidson, Windsor, VA 23487
MLS# 10609346Listed by: BHHS RW Towne Realty