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Back 407 McDowell Avenue
Off Market

407 McDowell Avenue

Hagerstown MD 21740

6
2588 sq. ft.
7169 sq. ft.
Duplex
Last sold for $260,000
Roberto GonzalezRoberto Gonzalez, last sold this property on 29 June 2026 after 143 days on market.

Overview

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.

Features

6 bedrooms
2588 sq. ft. floor area
7169 sq. ft. lot size
Duplex

Estimated Value

Based on this property and similar 6 bedroom duplexes sold in Hagerstown over the last 12 months, the estimated median property value of 407 McDowell Avenue is $296k.

Median value
$296k
Estimated value range
$197k - $410k
Median days on market
37
Estimated value trend
32%
increase over the last 12 months
Average days on market is based on recent, comparable sales in Hagerstown. It is only an indication of the time a property is actively listed and should not be relied upon as an accurate representation of how soon a property will be sold.

Property history for 407 McDowell Avenue

2026
Sold
$260,000
29 Jun 2026 by Roberto Gonzalez, of RG Realty, Inc.
2025
Rented
Undisclosed
01 Jan 2025 by Berkshire Hathaway HomeServices Homesale Realty

Happy sellers in Hagerstown

73%
73% of sellers in Hagerstown reported that their sale price either exceeded or met their price expectations.

Hagerstown stands out for consistently delivering exceptional satisfaction and strong market results for homeowners.

This is based on voluntary sentiment collected from 11 reviews in Hagerstown over the last 12 months.

Local market activity for 6 bedroom duplexes in Hagerstown

In the last 12 months, 7 six-bedroom duplexes similar to 407 McDowell Avenue, have been sold.

This represents a 33% decrease in six-bedroom duplexes sales when compared to the previous 12 months.

Nearby agents

Compare and contact these top performing agents who’ve delivered exception customer service for their clients in Hagerstown

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Fonda Rowe

Sellers who recommend Fonda Rowe have praised them for being local expert and clear communication

  •   5   (38 reviews)
  •  5 Reviews in Hagerstown
  •  4 Sales in Hagerstown
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Kari Shank

Sellers who recommend Kari Shank have praised them for being local expert, responsive, clear communication, well-prepared, friendly, empathetic, and great negotiation

  •   5   (192 reviews)
  •  3 Reviews in Hagerstown
  •  13 Sales in Hagerstown
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Joaquin Cerritos

Joaquin Cerritos is a recommended agent for Hagerstown.  They have 5 local sales and collected 3 local reviews across the last 12 months.

  •   5   (22 reviews)
  •  3 Reviews in Hagerstown
  •  5 Sales in Hagerstown
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Mary Llewellyn

Sellers who recommend Mary Llewellyn have praised them for being responsive, local expert, clear communication, supportive, great negotiation, reliable, and great team

  •   5   (125 reviews)
  •  2 Reviews in Hagerstown
  •  16 Sales in Hagerstown
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