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Laurel, MD Multifamily Home for Sale

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  • /39

    $1,195,000

    • Studio
    • 5,616 Sq Ft

    120 2nd St, Laurel, MD 20707

    $100k price reduction.... Bring your offers! Introducing a prime investment opportunity at 120 Second Street, Laurel, MD. This beautifully renovated 5,616 SF building, constructed in 1900 and modernized in 2020, boasts 6 units, ideal for a discerning Multifamily / Low-Rise/Garden investor. Zoned CG and strategically located in the sought-after Laurel area, this property offers a lucrative rental

    Agent Photo

    Joseph Obeid

    Samson Properties

    (240) 775-1918

    120 2nd St, Laurel, MD 20707

Why Live in Laurel

Laurel, MD, situated between Baltimore and Washington, D.C., offers small-town living with big-city amenities. Officially incorporated in 1870, Laurel retains historic charm, particularly in its Main Street area, which features older homes and local cafes like Ragamuffins Coffee House and More Than Java Café. The city has a population of around 29,000 and provides easy access to major highways, including Interstate 95 and U.S. Route 1, making commutes to Baltimore and D.C. convenient, both approximately 20 miles away. Laurel Towne Center, with its movie theater and retail chains, and the Dutch Country Farmer’s Market are popular local attractions. Dining options include Chido’s Tex-Mex Grill and Mad Cow Grill. Annual events like the Main Street Festival and Trick or Treat on Main Street draw thousands of visitors. Housing in Laurel ranges from historic farmhouses and Colonial Revivals to new townhouses and condos, with common sidings of brick and vinyl. The city is zoned for Prince George’s County Public Schools, which serve over 130,000 students and are ranked as the sixth best school district for athletes in Maryland. Parks such as Roland B. Sweitzer Community Park and Granville Gude Park offer playgrounds, dog parks, and paddleboat rentals. Laurel has a lower violent crime rate compared to the Maryland average. The weather features four distinct seasons with humid summers and higher-than-average rainfall.

Home Trends in Laurel, MD

Housing Trends

Median Sale Price
$510,000
Median Single Family Sale Price
$575,000
Median Townhouse Sale Price
$499,945
Median 2 Bedroom Sale Price
$286,000
Median 1 Bedroom Sale Price
$202,500
Average Price Per Sq Ft
$240
Number of Homes for Sale
253
Last 12 months Home Sales
1,048
Months of Supply
2.90
Median List Price
$519,995
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
4%
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