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Investment - Homes for Sale in Hagerstown, MD

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  • /15

    $370,000

    • 6 Beds
    • 4 Baths
    • 2,560 Sq Ft

    721 George St, Hagerstown, MD 21740

    Remodeled Duplex – Ideal Investment or House Hack Opportunity! Don’t miss your chance to own this beautifully remodeled duplex offering a comfortable and modern lifestyle for its fortunate occupants. Whether you're an investor looking for two outstanding rental units or a homeowner interested in "house hacking" by living in one unit and renting out the other, this property is a must-see! Each of

    Agent Photo

    Tony Villeda

    Vista Properties Group

    (240) 571-3290

    721 George St, Hagerstown, MD 21740
  • /28

    $149,900

    • 3 Beds
    • 2 Baths
    • 1,104 Sq Ft

    36 High St, Hagerstown, MD 21740

    Welcome to 36 High Street! This conveniently located Hagerstown property is either your next affordable home, OR investment property! The home will be vacant as of Mid-December of this year. The home has lower than average taxes for this area, furthermore increasing its affordability! The property features a sealed metal roof, a recently replaced 2 year old furnace, all new replacement windows,

    Agent Photo

    Chris Dickerson

    The Glocker Group Realty Results

    (240) 786-1627

    36 High St, Hagerstown, MD 21740
  • /7

    $170,000

    • 4 Beds
    • 1.5 Baths
    • 1,682 Sq Ft

    929 Hamilton Blvd, Hagerstown, MD 21742

    PRIME INVESTMENT OPPORTUNITY!! Restore this large, 1,682 square foot duplex to its original, turn-of-the-century beauty. This property features a desirable layout with 3 bedrooms and 1.5 bathrooms and boasts original hardwood floors ready to be refinished. Value-Add Features: Duplex configuration offers immediate rental income potential. Rare detached two-car garage—a highly sought-after amenity

    Agent Photo

    Lori Gardenhour

    The KW Collective

    (240) 866-3309

    929 Hamilton Blvd, Hagerstown, MD 21742
  • /62

    $2,900,000

    • Studio
    • 9,859 Sq Ft

    15149 Bloyers Ave, Hagerstown, MD 21740

    Turnkey 17-Unit Investment Property – Fully Occupied, Cash Flowing, & RenovatedThis fully upgraded, lead-free property at 15149 Bloyers Ave consists of four buildings with 17 units, offering investors a rare turnkey opportunity. Fully occupied and producing stable income, this property requires minimal future capital investment.Unit Breakdown:(8) Two-bedroom units(8)

    Krystal Stewart RG Realty, Inc.

    15149 Bloyers Ave, Hagerstown, MD 21740
  • /8

    $675,000

    • Studio
    • 9,165 Sq Ft

    500 Salem Ave, Hagerstown, MD 21740

    Turnkey Investment – Real Estate & Business with On/Off class D Liquor License!Discover a true value-add investment with Harman’s Tavern, a well-established bar accompanied by a Class D Liquor License and income-producing residential and retail units. Spanning nearly 10,000 sq. ft., this mixed-use property offers EIGHT TOTAL UNITS, including retail space and spacious apartments – all

    Roberto Gonzalez RG Realty, Inc.

    500 Salem Ave, Hagerstown, MD 21740
  • /5

    $515,000

    • Studio
    • 3,684 Sq Ft

    200 E Franklin St, Hagerstown, MD 21740

    Prime Downtown Mixed-Use Investment Exceptional opportunity to own a fully occupied mixed-use property in the heart of Downtown Hagerstown! This well-maintained brick building features a street-level restaurant and four fully leased residential apartments above, generating $4,000 per month in rental income. Tenants pay all utilities, providing a low-expense, high-yield investment. Located just

    Krystal Stewart RG Realty, Inc.

    200 E Franklin St, Hagerstown, MD 21740
  • /29

    $225,000

    • Studio
    • 1,836 Sq Ft

    433 Guilford Ave, Hagerstown, MD 21740

    Fully rehabbed duplex investment opportunity in the heart of Hagerstown. This well-maintained property features two updated units, including a 3-bedroom, 1-bath upper unit and a 1-bedroom, 1-bath lower unit. Both units have been completely renovated including with new paint, new flooring, and updated bathrooms throughout. The roof is less than 2 years old. The lower unit is vacant, making it

    Allie Vasquez Charis Realty Group

    433 Guilford Ave, Hagerstown, MD 21740
  • /4

    $222,000

    • Land
    • 2.08 Acres
    • $106,731 per Acre

    21219 Leitersburg Pike, Hagerstown, MD 21742

    JUST LISTED – 2.08 Acres of Prime Land Ready-to-Build | Private Well | Utilities On-Site | Septic Approved | Fully FencedBuild your dream home on this stunning 2.08-acre parcel, ideally located just off Leitersburg Pike—offering both peaceful rural living and quick access to city conveniences! Property Highlights:Size: 2.08 beautiful, cleared, and leveled

    Angie Rodriguez EXP Realty, LLC

    21219 Leitersburg Pike, Hagerstown, MD 21742
  • /54

    $550,000

    • Studio
    • 3,720 Sq Ft

    1301 Virginia Ave, Hagerstown, MD 21740

    Great Investment Opportunity – 5-Unit Multi-Building Fully rented and cash-flowing. The building has been well-maintained with numerous recent improvements including a new roof, updated plumbing, a new porch, and updates throughout the units. Inside, you’ll find hardwood floors throughout and updated finishes that keep the units attractive to tenants. Outside, the property offers ample on-site

    Robert Krop Keller Williams Realty Centre

    1301 Virginia Ave, Hagerstown, MD 21740
  • /2

    $169,000 Coming Soon

    • 2 Beds
    • 1 Bath
    • 900 Sq Ft

    814 Georgia Ave, Hagerstown, MD 21740

    Charming and cozy 2‐bedroom home—perfect for first‐time buyers or a smart investment opportunity. Enjoy both a front and backyard, including a fenced‐in rear yard with a deck that’s ideal for relaxing or entertaining. The property also offers a 2‐car driveway for convenient off‐street parking.Inside, you’ll find a spacious living room, a dedicated dining area just off the kitchen, and two

    Greg Salley Long & Foster Real Estate, Inc.

    814 Georgia Ave, Hagerstown, MD 21740
  • /39

    $750,000

    • Studio
    • 1,428 Sq Ft

    9947 Crossfield Rd, Hagerstown, MD 21740

    NO CITY TAXES – Rare Multi-Unit Investment OpportunityThis FHA-eligible 4-unit property in Hagerstown is a rare chance to acquire three adjoining parcels deeded together, totaling nearly 1 acre (≈40,000 sq ft). The property includes four residential rental units plus a large 2-bay garage for added income potential, all with no city taxes.The layout features two detached

    Roberto Gonzalez RG Realty, Inc.

    9947 Crossfield Rd, Hagerstown, MD 21740
  • /26

    $1,200,000

    • Land
    • 6.8 Acres
    • $176,471 per Acre

    11302 Robinwood Dr, Hagerstown, MD 21742

    High traffic and great development potential! Assemblage of 6 adjoining parcels totaling approx. 6.8 acres. County zoning "BL" business local commercial. AM side of Robinwood Drive. High traffic count. Adjacent to Hagerstown Community College campus. Less than 1,000 yards from Meritus Medical Center and Robinwood Medical Center. Perfect for development of medical, surgical, orthopedic, OBGYN,

    Cathy Wantz Real Estate Today

    11302 Robinwood Dr, Hagerstown, MD 21742
  • /37

    $370,000

    • Studio
    • 3,422 Sq Ft

    408 W Washington St, Hagerstown, MD 21740

    Turnkey Triplex Investment OpportunityThis fully occupied and professionally managed triplex delivers consistent rental income with minimal owner involvement.Three separately metered units: one 1-bed/1-bath and two 2-bed/1-bath apartmentsTenants pay their own electric, reducing owner expensesLead certificates and active rental license in place for a smooth

    Krystal Stewart RG Realty, Inc.

    408 W Washington St, Hagerstown, MD 21740
  • /5

    $600,000

    • Studio
    • 4,316 Sq Ft

    16 S Mulberry St, Hagerstown, MD 21740

    Fantastic Investment Opportunity – Fully Rented 5-Unit Turnkey Building This well-maintained 5-unit property is a turnkey investment, fully rented with reliable long-term tenants. Current rents are significantly below market, offering excellent value-add potential through rent increases to market rates. The building features four 1-bedroom units and one 2-bedroom unit with an additional

    Roberto Gonzalez RG Realty, Inc.

    16 S Mulberry St, Hagerstown, MD 21740
  • /9

    $265,000

    • Studio
    • 2,688 Sq Ft

    51 N Cannon Ave, Hagerstown, MD 21740

    Fantastic Value-Add Investment Opportunity – Prime Location in Hagerstown!This all-brick duplex, ideally located just off Dual Highway, offers a rare chance to own a solid, income-producing property with huge upside potential.Unit 51 features a welcoming living room with hardwood floors, a cozy kitchen, and a dining area perfect for gathering. Upstairs, you’ll find three carpeted

    Roberto Gonzalez RG Realty, Inc.

    51 N Cannon Ave, Hagerstown, MD 21740
  • /21

    $330,000

    • 6 Beds
    • 2 Baths
    • 1,902 Sq Ft

    441 Mitchell Ave, Hagerstown, MD 21740

    CALLING ALL INVESTORS!!! Currently rented for $2,900/month. This spacious split-foyer home offers 6 bedrooms and 2 full baths with completely independent upper and lower levels, making it an ideal house hack or turnkey investment. Live upstairs and rent out the downstairs, or keep both floors fully occupied for maximum cash flow. The basement has its own private entrance, full kitchen, laundry

    Tammi Tulloch Burch Real Estate Group, LLC

    441 Mitchell Ave, Hagerstown, MD 21740
  • /2

    $379,950 Coming Soon

    • Studio
    • 2,482 Sq Ft

    713 Medway Rd, Hagerstown, MD 21740

    Location, Location, Location!!This versatile residence offers a unique blend of comfort and potential, making it an ideal addition to any investment portfolio. With multiple units, this property is designed to maximize rental income while providing tenants with a warm and inviting atmosphere. Each unit boasts spacious layouts, allowing for comfortable living and easy maintenance. The

    Juste Mouketo-Ngoma HomeSmart

    713 Medway Rd, Hagerstown, MD 21740
  • /22

    $525,000

    • Studio
    • 3,703 Sq Ft

    39 E North Ave, Hagerstown, MD 21740

    Welcome to this well-maintained 4-unit property, an exceptional investment opportunity with a strong rental history! Fully renovated in 2022. Spacious apartments. Two 2-bedroom units and Two 1-bedroom units. All fully occupied and equipped with washer/dryer units. Monthly gross income is $4,620 for a total $55,440 in annual gross income! Many updates include a new roof, water heater, windows

    Mary Llewellyn The KW Collective

    39 E North Ave, Hagerstown, MD 21740
  • /2

    $240,000

    • Studio
    • 1,835 Sq Ft

    701 W Washington St, Hagerstown, MD 21740

    Don’t miss this investment opportunity at 701 West Washington Street! This two-unit property with separate electric meters is ready to generate rental income. Each unit features 2 bedrooms and 1 full bathroom. The upper unit is currently rented for $1,250/month, providing immediate income, while the lower unit is posted for rent at $1,100/month and in the process of being filled. The main level

    Petros Calomeris L. P. Calomeris Realty

    701 W Washington St, Hagerstown, MD 21740
  • /4

    $164,000

    • Studio
    • 560 Sq Ft

    308 Jonathan St, Hagerstown, MD 21740

    Fantastic Investment Opportunity in Hagerstown! This side-by-side duplex is a rare find at this price point. Each spacious 2-bedroom, 1-bath unit features washer and dryer hookups, a finished basement for storage, and a rear porch offering additional outdoor space. Both units are tenant-occupied, so please allow at least 36 hours’ notice for showings to give the management company time to notify

    Roberto Gonzalez RG Realty, Inc.

    308 Jonathan St, Hagerstown, MD 21740
  • /51

    $540,000

    • 5 Beds
    • 3 Baths
    • 2,486 Sq Ft

    21680 Leitersburg Pike, Hagerstown, MD 21742

    Extraordinary Split-Level Estate on 2+ Private AcresUnlock unlimited possibilities at 21680 Leitersburg Pike - a distinctive 5-bedroom, 3.5-bathroom split-level home that masterfully combines residential luxury with professional opportunity. This exceptional property offers five versatile levels of living space on a sprawling, level 2+ acre lot.Live/Work Dream Property Built-In Business

    Mark Hewitson RE/MAX Realty Plus

    21680 Leitersburg Pike, Hagerstown, MD 21742
  • /29

    $349,900

    • Studio
    • 2,715 Sq Ft

    616 W Franklin St, Hagerstown, MD 21740

    Fully occupied and professionally managed, this solid all-brick triplex is an excellent investment opportunity in Hagerstown. Perfect for a first-time investor or as a strong addition to an existing portfolio, the property features three two-bedroom, one-bath units with private parking. Each unit is served by baseboard heating and has its own separate electric service. Conveniently located close

    Roberto Gonzalez RG Realty, Inc.

    616 W Franklin St, Hagerstown, MD 21740
  • /4

    $129,900

    • 3 Beds
    • 1 Bath
    • 1,728 Sq Ft

    430 Jonathan St, Hagerstown, MD 21740

    Exceptional investment property! Perfect for investors seeking a fix & flip, rental portfolio addition, or value-add project. Property is being sold AS-IS, with no repairs by the seller. This is a strong opportunity for buyers with vision and the ability to renovate or reposition the property.Seller is exempt from disclosures.Preferred financing: cash or hard money.Please contact the

    Ruth Henriquez Campos International Group

    430 Jonathan St, Hagerstown, MD 21740
  • /42

    $310,000

    • 4 Beds
    • 1.5 Baths
    • 1,878 Sq Ft

    20025 Leitersburg Pike, Hagerstown, MD 21742

    Discover the perfect balance of history and convenience in this 1878 sq. ft. farmhouse, set on a spacious .75-acre lot. Built in 1859, the home retains its timeless character with original details like wood-slat farmhouse doors, while offering smart updates to give peace of mind to today's buyer. Major Updates Include:* Roof replaced in 2017* Windows updated & wrapped for efficiency*

    Lyndsay Nave Sullivan Select, LLC.

    20025 Leitersburg Pike, Hagerstown, MD 21742
  • /44

    $184,900

    • 2 Beds
    • 1 Bath
    • 1,199 Sq Ft

    142 East Ave, Hagerstown, MD 21740

    Whether you’re looking for an investment opportunity or a home to make your own, this property has plenty to offer. This home offers both comfort and convenience. Inside, you’ll find some hardwood floors, updated appliances, and replacement windows for modern efficiency. The attic provides potential to be finished for additional living space—ideal for a home office, 3rd bedroom, or flex space. A

    Carmel & Amanda Llewellyn Keller Williams Realty Advantage

    142 East Ave, Hagerstown, MD 21740
  • /38

    $625,000

    • Studio
    • 3,556 Sq Ft

    505 W Church St, Hagerstown, MD 21740

    Prime Multi-Family Investment – High Income, Low MaintenanceSeize this exceptional opportunity to own a fully occupied, all-brick, six-unit property just minutes from downtown Hagerstown, currently generating $6,650+ in monthly rental income with potential to increase to full market rates.Each spacious unit offers approximately 700 sq ft of living space, separate electric meters

    Roberto Gonzalez RG Realty, Inc.

    505 W Church St, Hagerstown, MD 21740
  • /2

    $225,000

    • Studio
    • 1,918 Sq Ft

    115 East Ave, Hagerstown, MD 21740

    Turnkey Duplex Investment with Immediate Cash Flow & Long-Term Upside Discover a rare opportunity to own a fully leased two-unit Colonial duplex in the heart of Hagerstown’s growing rental market. Each spacious 2-bedroom, 1-bathroom unit features approximately 959 sq. ft. of living space with separate entrances and electric meters, offering low-maintenance income generation and long-term tenant

    Ian Baylor EXIT Deluxe Realty

    115 East Ave, Hagerstown, MD 21740
  • /21

    $250,000

    • Land
    • 2.96 Acres
    • $84,459 per Acre

    703-705 Mt Aetna Rd, Hagerstown, MD 21740

    Prime Industrial Land Opportunity – 703-705 Mt Aetna Rd, Hagerstown, MDSeize this amazing opportunity to own a high-visibility property at a major intersection in Hagerstown, MD. This raw, vacant land is zoned Industrial, making it an excellent investment for various business ventures.Property Details: Lot Size: 2.96 acres (±128,938 Sqft)Zoning: Industrial – Ideal for commercial and

    Alena Kirillov RE/MAX Plus

    703-705 Mt Aetna Rd, Hagerstown, MD 21740

Home Trends in Hagerstown, MD

Housing Trends

Median Sale Price
$304,000
Median Single Family Sale Price
$330,000
Median Townhouse Sale Price
$255,000
Median 2 Bedroom Sale Price
$226,500
Median 1 Bedroom Sale Price
$130,000
Average Price Per Sq Ft
$147
Number of Homes for Sale
234
Last 12 months Home Sales
942
Months of Supply
3.00
Median List Price
$310,050
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%
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