7404 Columbia Avenue

COLLEGE PARK, MD 20740

$1,725,000 $7,272/Mo

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Overview

Bed

Bath

5,200

Sqft

0.28

Acre(Lot)

Description

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 qua rtz 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.

Property Details

Property Type : Residential Income

Price : $1,725,000

AD Id : 70497799

MLS Id : MDPG2184292

Beds : 6

Lot Size : 0.28 Acre

Living Area Size : 5,200

Year Built : 1959

County : PRINCE GEORGES

Subdivision: College Park

Map

What's Nearby

Nearby Areas

Features

Bedroom Information

Total beds: 6

Room Information

Has Basement: Yes Basement: Daylight, Full
Roofing Information

Other
Interior Features

Roof: Other Appliances: Cooktop, Electric Water Heater, Disposal, Exhaust Fan, Refrigerator
Heating & Cooling

Has Heating: Yes Heating: Exhaust Fan, Electric Has Cooling: Yes Cooling: Ceiling Fan(s), Ductless, Electric

Building Information

Year Built: 1959 Building Area Total: 5200 Construction Materials: Brick Pool Features: None Private Pool: No

Lot Information

Lot Size Acres: 0.28 Lot Size Source: Assessor Lot Size Square Feet: 11996

Property Information

Subdivision: COLLEGE PARK Source Property Type: Residential Income Postal Code Plus 4: 3534 Property SubType: Multi Family Property Age: 67

Listing Price Information

Listing Price: $1725000

Tax Information

Parcel Number: 17212358315 Tax Lot: 8 Tax Year: 2025 Annual Tax: $13276

Parking Information

Parking Total: 9 Asphalt, Off Street, Driveway

Location Information

Direction: Head east on College Ave toward Columbia Ave WaterSource: Public

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ByOwner last updated this listing 06/15/2026 @ 06:53

MLS: MDPG2184292 LISTED BY: Jennifer Smira, Compass 202-386-6330 SOURCE: Bright MLS