407-409 Mcdowell Ave, Hagerstown, MD 21740

Local realty services provided by:Better Homes and Gardens Real Estate Maturo
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

This well maintained duplex offers a solid investment opportunity with established rental income and clear upside through future rent growth. The property consists of two residential units and an additional garage rental, providing diversified income from a single location. The unit at 407 McDowell Street is currently rented at $1,275 per month. In addition, a detached garage associated with this unit 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 at $1,200 per month 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 new owner to gradually increase rents over time while maintaining tenant stability. This makes the property well suited for an investor seeking

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Home facts

  • Year built:1910
  • Listing ID #:MDWA2033930
  • Added:1 day(s) ago
  • Updated:February 06, 2026 at 06:41 AM

Rooms and interior

  • Bedrooms:6
  • 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

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)

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