MLS: #MDPG2215350, Listed By: India Hall, HomeSmart, Source:Bright MLS
306 1/2 Montgomery Street
LAUREL, MD 20707
10
Bed
5
Bath
4,840Sqft
0.31Acre(Lot)
CASH-FLOWING 5-UNIT VALUE-ADD OPPORTUNITY IN THE CITY OF LAUREL HISTORIC DISTRICT An opportunity for the investor looking for income today with room to create additional value tomorrow. 306 1/2 Montgomery Street is an established five-unit multifamily property (apartment building) featuring five 2-bedroom, 1-bath apartments, with four units currently occupied and one vacant. Large lot with rear parking. The property is currently cash-flowing and consistent property management has been in place for years—providing an incoming owner with an established operational foundation from day one. This is not being positioned as a fully renovated or turnkey asset. It is a value-add opportunity for an investor who recognizes the potential in improving an already income-producing property over time.
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 10Bathroom Information
Total Baths: 5 Full Baths: 5Room Information
Has Basement: Yes Basement: Exterior Entry, Walk-Out Access, Full, Unfinished, Interior Entry -
Roofing Information
Flat, Shingle -
Interior Features
Roof: Flat, Shingle Appliances: Cooktop, Gas Water Heater, Refrigerator -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Radiant Cooling: None
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Building Information
Year Built: 1900 Building Area Total: 7600 Construction Materials: Brick Pool Features: None Private Pool: No View: Street, Trees/Woods
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Lot Information
Lot Size Acres: 0.31 Lot Size Source: Assessor Lot Size Square Feet: 13596 Lot Description: Cleared, Private, Back YardProperty Information
Subdivision: TALBOTT ESTATES Source Property Type: Residential Postal Code Plus 4: 4340 Zoning Description: Residential Property SubType: Single Family Residence Levels: Three Or More Property Age: 126
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Listing Price Information
Listing Price: $674900
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Tax Information
Parcel Number: 17101118835 Tax Lot: 4 Tax Year: 2025 Annual Tax: $11008
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Parking Information
Parking Total: 10 Off Street, On Street, Private, Unassigned, Paved, Parking Lot
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School Information
Elementary School: LAURELJunior High School: DWIGHT D. EISENHOWERSenior High School: LAUREL -
Location Information
Direction: GPS WaterSource: Public
How much is this property worth?
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 201 Main Street, Laurel, MD, 20707 | $750,000 | 4 | 3 | 2,400 | 2,400 SqFt |
| 37 4th Street, Laurel, MD, 20707 | $545,000 | 3 | 3 | 2,122 | 2,122 SqFt |
| 329 Talbott Avenue, Laurel, MD, 20707 | $424,900 | 3 | 2 | 1,080 | 1,080 SqFt |
| 14405 Baltimore Avenue, Laurel, MD, 20707 | $2,900,000 | 5 | 6 | 4,964 | 4,964 SqFt |
| 8409 Locust Grove Drive, Laurel, MD, 20707 | $485,000 | 4 | 3 | 1,920 | 1,920 SqFt |
| 504 Greenhill Avenue, Laurel, MD, 20707 | $429,900 | 3 | 2 | 920 | 920 SqFt |
| 910 Montgomery Street #A, Laurel, MD, 20707 | $350,000 | 3 | 2 | 1,500 | 1,500 SqFt |
| 925 Montgomery Street, Laurel, MD, 20707 | $720,000 | 4 | 3 | 1,956 | 1,956 SqFt |
| 1019 Marton Street, Laurel, MD, 20707 | $375,000 | 3 | 2 | 958 | 958 SqFt |
| 1012 Ward Street, Laurel, MD, 20707 | $495,000 | 5 | 2 | 2,072 | 2,072 SqFt |
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Nearby For Sale
The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which ByOwner participates, and is provided by BRIGHT through a licensing agreement. The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have closed or are no longer being offered for sale. Information Deemed Reliable But Not Guaranteed. Copyright © 2026 Bright MLS. All rights reserved.
ByOwner last updated this listing 08/16/2026 @ 00:46
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