#MDPG2151662, Alejandro Luis A Martinez, Listing office: The Agency DC
5503 Lanham Station Rd Lanham, MD 20706
Property details
About 5503 Lanham Station Rd
$$$$$ MONEY MAKER $$$$$ Spacious 6-Bedroom Rambler/Rancher with Income Potential on Over Half an Acre! Welcome to this lovely 6-bedroom, 4-bathroom rambler/rancher offering endless possibilities! Nestled on a fully fenced, over half-acre lot, this unique home features 3 full kitchens, making it perfect for multi-generational living or an incredible investment opportunity for those looking to earn additional income. The fully finished basement includes two separate entrances, allowing for rental potential as two independent units on the lower level while living on the upper level. Alternatively, you may wish to explore using the entire home as a multi-family, investment unit - your options are endless! Step inside where you'll enjoy modern touches like hardwood floors, granite countertops, and FOUR stunning, fully updated, full bathrooms throughout. The roof was also replaced in 2019, adding peace of mind. While some cosmetic updates are needed, a significant amount of upgrades have been made so bring your vision and make it truly your own. Whether you're looking to live in one space and rent out the rest, or simply need expanded space for in-law suites, a group home or simply for your personal use, this property offers flexibility, functionality, and value. Outside, enjoy a lush, lovingly maintained garden—perfect for relaxing, entertaining, or cultivating your own backyard oasis. The spacious backyard also offers massive storage potential, whether you dream of a workshop, space for multiple cars / parking, heavy machinery, large gatherings or even future expansion. It also has two patios for entertainment or quiet moments - the sky is the limit. Don't miss your chance to own this rare gem with limitless potential, inside and out with room to grow as far as your dreams will take you. Don’t wait—your dream home and investment opportunity all in one is just a showing away!
Highlights
(ACTIVE)
Summary
- Full Bathrooms: 4
- Appliances: Dryer, Refrigerator, Washer, Exhaust Fan
- Basement: Yes
- Interior: Dining Area, Kitchen - Eat-In, Upgraded Countertops, Wood Floors, Floor Plan - Traditional
- Total Bedroom Count: 6
- Parking: Free,Paved Driveway, Off Street,Off Site,Driveway
- Exterior: Street Lights
- Architectural Style: Ranch/Rambler
- Heating: Central
- Cooling: Central Air
- List Price: $525,000
- Price/SqFt: $420
- Annual Tax Amount: $3,726
- Tax Year: 2024
- Directions: Use GPS
- Year Built: 1964
- Stories: 2
- Living Area: 1,250 SqFt
- Lot Size: 0.54 Acres
- MLS Number: MDPG2157296
- MLS Name: BRIGHT
- Office Name: Samson Properties
- Office Phone: (301) 850-0255
- Office Email: kara@samsonproperties.net
- Listing Agent: Nicole D Graves
- Agent Phone: (240) 462-5648
- Agent Email: nikkidyourrealtor@gmail.com
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Last updated on: 6/22/2025, 12:45:30 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$525,000
5503 Lanham Station Rd
$6,234
closing credit¹
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Price information
Property sales
Date | Event | Price |
---|---|---|
Jun 14, 2018 | Home Sold | $285,000 |
Dec 30, 2014 | Home Sold | $250,000 |
Tax history
Year | Assessment | Property Tax |
---|---|---|
2024 | $360,133 | $3,726 |
2023 | $335,100 | $3,726 |
2022 | $326,067 | $3,625 |
2021 | $317,033 | $4,121 |
2020 | $308,000 | $4,974 |
2019 | $287,800 | $4,674 |
2018 | $267,600 | $4,374 |
2017 | $247,400 | $4,074 |
History based on county public records data.
Nearby schools
3
James McHenry Elementary School
Public District PK-5
0.5 mi
•8909 McHenry Ln
3
Carrollton Elementary School
Public District PK-5
1.2 mi
•8300 Quintana St
4
Legend Public Charter School
Public Charter KG-5
1.2 mi
•9700 Philadelphia Ct
School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.
Neighborhood
The neighbors living near this home have an average income of $54,000. The most common annual income of people living in Lanham, MD is between $35k-100k. The majority of families are single, no kids. Typical level of education for residents in this area is high school diploma.
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Frequently asked questions
About 5503 Lanham Station Rd
The listing price of 5503 Lanham Station Rd property is $525,000.
The property 5503 Lanham Station Rd is a house located in Lanham, Maryland, 20706.
Active Listing: 5503 Lanham Station Rd is For Sale (Active/New) which means the seller is accepting offers.
The nearby schools for 5503 Lanham Station Rd are: James McHenry Elementary School (GreatSchools Rating 3/10), Carrollton Elementary School (GreatSchools Rating 3/10), Legend Public Charter School (GreatSchools Rating 4/10), Thomas Johnson Middle School (GreatSchools Rating 3/10), Charles Carroll Middle School (GreatSchools Rating 2/10), Kenmoor Middle School (GreatSchools Rating 6/10), Charles Herbert Flowers High School (GreatSchools Rating 5/10), Duval High School (GreatSchools Rating 3/10), Parkdale High School (GreatSchools Rating 2/10).
According to the records, the last property tax for 2024 is $3,726 (source: MLS/based on county public records data).
The last sale was on June 14, 2018 for $285,000 (source: MLS/tax record).
The property at 5503 Lanham Station Rd has 6 bedrooms and 4 bathrooms.
The property 5503 Lanham Station Rd is 1,250 SqFt (source: MLS/tax record).
The year of construction for 5503 Lanham Station Rd is 1964.
This home is located at 5503 Lanham Station Rd in Lanham, MD and zip code 20706 in the Lanham neighborhood. This 1,250 square foot home, which was built in 1964, sits on a 0.54 acre lot. Features: 6 bedrooms, 4 bathrooms. It has been listed on Rocket Homes since June 21, 2025 and is currently priced at $525,000.