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MLS: #MDWA2033930, Listed By: Roberto Gonzalez, RG Realty, Inc., Source:Bright MLS

407 Mcdowell Avenue

HAGERSTOWN, MD 21740
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Bed 6

Bed

Bath 0

Bath

SqFt2,588

Sqft

Acres0.16

Acre(Lot)

Under the Maryland Tenants’ Bill of Rights, tenants must be provided 30 days to exercise their right of first refusal once an offer is accepted. This well-maintained duplex presents a solid investment opportunity with established rental income and clear upside through future rent growth. The property consists of two residential units plus a separately rented garage, creating diversified income from a single location. The unit at 407 McDowell Street is currently rented for $1,275 per month. In addition, the detached garage at 407 McDowell 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 for $1,200 per month, also on a month-to-month basis, with the original lease signed in 201 9. 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 immediate cash flow with the ability to improve returns through measured rent adjustments. Overall, this duplex is an attractive option for an owner-investor or long-term holder looking to acquire a manageable asset with a proven income history and upside potential.

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Detail Ic Property Details

Property Type : Residential Income

Price : $299,000

AD Id : 75086564

MLS Id : MDWA2033930

Beds : 6

Lot Size : 0.16 Acre

Living Area Size : 2,588

Year Built : 1910

County : WASHINGTON

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Feature Features

  • Bedroom Information

    Total beds: 6

    Room Information

    Has Basement: Yes Basement: Exterior Entry, Full, Unfinished
  • Interior Features

    Appliances: Electric Water Heater
  • Heating & Cooling

    Has Heating: Yes Heating: Oil, Forced Air Has Cooling: Yes Cooling: Central Air, Electric

  • Building Information

    Year Built: 1910 Building Area Total: 2588 Construction Materials: Brick Pool Features: None Private Pool: No

  • Lot Information

    Lot Size Acres: 0.16 Lot Size Source: Estimated Lot Size Square Feet: 7169

  • Listing Price Information

    Listing Price: $299000

  • Tax Information

    Parcel Number: 2225005457 Tax Lot: 41 Tax Year: 2014 Annual Tax: $2373.74

  • Parking Information

    On Street, Shared Driveway, Driveway

  • School Information

    Elementary School:
    Junior High School: WESTERN HEIGHTS
    Senior High School: SOUTH HAGERSTOWN SR
  • Location Information

    Direction: GPS WaterSource: Public
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Nearby Home Value

Address Estimate Bed Bath Sq. Ft Lot Size
9947 Crossfield Road, Hagerstown, MD, 21740 $675,000 8 -- 1,428 1,428 SqFt
713-715 Medway Road, Hagerstown, MD, 21740 $380,000 4 -- 2,482 2,482 SqFt
135 Fairground Avenue, Hagerstown, MD, 21740 $359,900 6 -- 2,124 2,124 SqFt
601-603 N Mulberry Street, Hagerstown, MD, 21740 $389,900 4 -- 5,580 5,580 SqFt
422 N Locust Street, Hagerstown, MD, 21740 $289,990 3 -- 2,580 2,580 SqFt
601 Frederick Street, Hagerstown, MD, 21740 $359,900 6 -- 2,932 2,932 SqFt
228 E Washington Street, Hagerstown, MD, 21740 $275,000 3 -- 2,048 2,048 SqFt
106 Randolph Avenue, Hagerstown, MD, 21740 $279,000 3 -- 1,998 1,998 SqFt
16 S Mulberry Street, Hagerstown, MD, 21740 $575,000 6 -- 4,316 4,316 SqFt
39 E North Avenue, Hagerstown, MD, 21740 $465,000 6 -- 3,703 3,703 SqFt

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 06/12/2026 @ 00:14

MLS: MDWA2033930 LISTED BY: Roberto Gonzalez, RG Realty, Inc. 240-203-6393 SOURCE: Bright MLS

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