7404 Columbia Ave, College Park, MD 20740
Local realty services provided by:Better Homes and Gardens Real Estate Realty Connect
7404 Columbia Ave,College Park, MD 20740
$1,525,000
- 6 Beds
- - Baths
- 5,200 sq. ft.
- Multi-family
- Active
Listed by: kaushik rath, jennifer s smira
Office: compass
MLS#:MDPG2218830
Source:BRIGHTMLS
Price summary
- Price:$1,525,000
- Price per sq. ft.:$293.27
About this home
Major price improvement! 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....
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Home facts
- Year built:1959
- Subdivision & Development:COLLEGE PARK
- Listing ID #:MDPG2218830
- Added:44 day(s) ago
- Updated:October 29, 2026 at 02:17 PM
Rooms and interior
- Bedrooms:6
- Kitchen Description:Disposal, Exhaust Fan, Refrigerator, Stove
- Basement:Yes
- Basement Description:Daylight, Full, Side Entrance
- 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
- Construction Materials:Brick
Utilities
- Water:Public
- Sewer:Public Sewer
Finances and disclosures
- Price:$1,525,000
- Price per sq. ft.:$293.27
- Tax amount:$13,276 (2025)
Parking
- Parking description:Asphalt Driveway, Off Street
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