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407 Mcdowell Ave
For Sale $299,000 ($115.53 per Sq Ft)
$299,000 ($115.53 per Sq Ft)
- Unknown Bedrooms
- Unknown Bathrooms
- 2,588 Sq Ft
- 7,169 Sq Ft
Description
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 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 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.
Amenities
Garage
Pool
Garden
Security System
Internet
Telephone
Heating
Fireplace
Balcony & Patio
TV / Cable
Laundry
Hardwood Floors
Spa
Air Conditioning
Solar Power
Floor Plan
Great Views
Natural Light
Quiet
Water View
Elevator
Guest Unit(s)
Furnished
220 Volt
Property Details
| List Price | $299,000 |
| Property Type | Duplex (2-units) |
| Usable Sqft | 2,588 |
| Number of Stories | 0 stories |
| Parking Spots | 0 spots |
| Year Built | 1910 |
| Last Sold | Unknown |
| Sold Price | Unknown |
| APN # | 2225005457 |
| MLS # | MDWA2033930 |
| Property ID | 321040223 |
| Lot Sqft | 7,169 |
| Zoning | RMED |
| Total Units | 2 |
| Days on Market | 23 |
| Original List Price | Unknown |
| Date Updated | February 24, 2026 |
| Date Created | February 04, 2026 |
Listing Provided By
Roberto G. Gonzalez an agent of . Lic #598229
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Data last updated: February 27, 2026.
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Robert Crawford
REAL ESTATE AGENT