MLS: #MDCH2056878, Listed By: Courtney Phipps, Hyatt Commercial, Source:Bright MLS
4137 Barrett Place
INDIAN HEAD, MD 20640
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Bed
0
Bath
4,200Sqft
1.08Acres(Lot)
Exceptional "AS-IS" investment opportunity featuring four separate residential properties situated on a single 1.03-acre parcel. With three of the four homes currently leased, this income-producing asset generates a current NOI of approximately $56,448 , with a projected stabilized Income of approximately $66,260. Each home has had recent updates to HVAC and plumbing. Ideally located just 29 miles from Washington, D.C., and less than five miles from the Naval Support Facility Indian Head, with a renters market driven by commuters, military personnel, and local employers.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Interior Features
Appliances: Electric Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Electric, Forced Air Has Cooling: Yes Cooling: Ductless, Electric
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Building Information
Year Built: 1940 Building Area Total: 4200 Pool Features: None Private Pool: No
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Lot Information
Lot Size Acres: 1.08 Lot Size Source: Estimated Lot Size Square Feet: 46870Property Information
Subdivision: GLYMONT Source Property Type: Residential Postal Code Plus 4: 1852 Levels: One Property Age: 86
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Listing Price Information
Listing Price: $585000
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Tax Information
Parcel Number: 0907009577 Tax Lot: 38 Tax Year: 2025 Annual Tax: $6502
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Parking Information
Driveway
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Location Information
Direction: From Route 301 turn onto Hawthorne Road; drive straight toward Strauss Avenue; Turn left on Strauss Avenue, Then an immediate left onto Barrett Place. WaterSource: Other
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 6675 Oakwood Circle, Indian Head, MD, 20640 | $535,000 | 4 | 3 | 2,479 | 2,479 SqFt |
| 3501 Crake Court, Indian Head, MD, 20640 | $290,000 | 2 | 1 | 864 | 864 SqFt |
| 6580 Greenhow Marshall .., Indian Head, MD, 20640 | $544,900 | 3 | 3 | 3,074 | 3,074 SqFt |
| 3042 Jenkins Lane, Indian Head, MD, 20640 | $425,000 | 3 | 2 | 2,018 | 2,018 SqFt |
| 6341 Hard Bargain Circle, Indian Head, MD, 20640 | $815,000 | 5 | 6 | 5,764 | 5,764 SqFt |
| 6227 Hard Bargain Circle, Indian Head, MD, 20640 | $720,000 | 4 | 3 | 4,340 | 4,340 SqFt |
| 5653 Cabinwood Court, Indian Head, MD, 20640 | $529,900 | 5 | 4 | 3,465 | 3,465 SqFt |
| 4570 Hawthorne Road, Indian Head, MD, 20640 | $875,000 | 4 | 4 | 4,752 | 4,752 SqFt |
| 5393 Nelson Point Road, Indian Head, MD, 20640 | $220,000 | 2 | 1 | 750 | 750 SqFt |
| 30 Delta Place, Indian Head, MD, 20640 | $80,000 | 1 | 1 | 692 | 692 SqFt |
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ByOwner last updated this listing 07/14/2026 @ 03:24
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