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Investment - Homes for Sale in Hagerstown, MD

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  • /7

    $165,000

    • 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
  • /76

    $389,900

    • Studio
    • 5,580 Sq Ft

    601 N Mulberry St, Hagerstown, MD 21740

    POSSIBILITY OF 6 UNITS! Welcome to 601-603 North Mulberry Street, a 4 -unit residential investment. The property features 4, individually metered 1-bedroom apartments, with 2 separate entrances for each unit(8 total entrances). There are 2 additional attic units on each side that could be renovated into 2 additional efficiency or studio units! These additional attic units already have separate

    Agent Photo

    Chris Dickerson

    The Glocker Group Realty Results

    (240) 387-5117

    601 N Mulberry 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
  • /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
  • /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
  • /3

    $315,000

    • Studio
    • 2,127 Sq Ft

    325 Mitchell Ave, Hagerstown, MD 21740

    Prime Investment Opportunity with Established Income This professionally managed duplex features two spacious three bedroom, one bath units with rents currently below market, offering a strong opportunity for investors seeking reliable cash flow with upside. Both units are fully leased, producing a combined monthly income of $2,680. In addition, three detached garages located at the rear of the

    Roberto Gonzalez RG Realty, Inc.

    325 Mitchell Ave, Hagerstown, MD 21740
  • /2

    $239,999

    • 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, while the lower unit is rented for $1,100/month. This property provides immediate cashflow. The main level boasts a bright living room,

    Petros Calomeris L. P. Calomeris Realty

    701 W Washington St, 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 Fenced Build 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 acres Utilities: Electricity and

    Angie Rodriguez EXP Realty, LLC

    21219 Leitersburg Pike, Hagerstown, MD 21742
  • /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
  • /5

    $575,000

    • 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
  • /39

    $745,000

    • Studio
    • 1,428 Sq Ft

    9947 Crossfield Rd, Hagerstown, MD 21740

    NO CITY TAXES – LEAD FREE- Rare Multi-Unit Investment Opportunity This 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 single-family

    Roberto Gonzalez RG Realty, Inc.

    9947 Crossfield Rd, Hagerstown, MD 21740
  • /5

    $300,000

    • Studio
    • 2,580 Sq Ft

    422 N Locust St, Hagerstown, MD 21740

    COMING SOON! 2 UNITS : Main Level 1 bedroom 1 Full Bath | Upper 2 levels boast 3 Bedrooms 1 full bathroom , full kitchen and living room space! Built in 1910, this end-of-row townhouse showcases classic Colonial architecture, offering both charm and durability with its solid brick construction. Spanning 2,580 finished square feet, the layout is designed to maximize space and functionality. The

    Rachel Smith RE/MAX Realty Plus

    422 N Locust St, Hagerstown, MD 21740
  • /12

    $190,000

    • Studio
    • 1,850 Sq Ft

    68 Elizabeth St, Hagerstown, MD 21740

    Back on Market due to buyers personal finances. I have good appraisal and home inspection for new buyers review with ratified contract. Reduced! Great opportunity for investment or live in one unit and continue renting the other. Large offstreet parking could possibly add garage in the future. 3 bedroom unit is vacant ready for your tenant and easy to show. 1 bedroom unit is rented to a long term

    Craig Harshman Hagerstown Management Corporation

    68 Elizabeth St, Hagerstown, MD 21740
  • /14

    $160,000

    • Land
    • 6.57 Acres
    • $24,353 per Acre

    0 Pinehill Dr, Hagerstown, MD 21740

    Explore the possibilities on this 6.57-acre rural tract, offering a blend of open space and partially wooded acreage. This property provides ample room for a custom home, recreational use, or future investment. Enjoy the flexibility of a non-subdivision setting with plenty of space to create your own layout and use. Buyer to verify zoning, utilities, and any development requirements.

    Mary Llewellyn The KW Collective

    0 Pinehill Dr, Hagerstown, MD 21740
  • /13

    $110,000

    • Land
    • 1.4 Acres
    • $78,571 per Acre

    13638 Creek View Dr, Hagerstown, MD 21740

    Build your vision on this 1.4-acre cleared lot located in the desirable Sunset Creek Estates. This spacious parcel offers a great opportunity for a custom home or investment property in an established community. The lot is cleared and ready for development, with ample space for a variety of home designs. Well and septic will be needed; perc status is unknown. Buyer to verify all utilities,

    Mary Llewellyn The KW Collective

    13638 Creek View Dr, Hagerstown, MD 21740
  • /22

    $500,000

    • 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
  • /4

    $247,000

    • Studio
    • 1,607 Sq Ft

    226 Potomac 226-228 St S, Hagerstown, MD 21740

    Solid Investment Opportunity with Established IncomeThis professionally managed duplex offers two fully leased units, one featuring 2 bedrooms and 1.5 baths, and the other a spacious 1 bedroom, 1 bath. Current rents are below market, providing an excellent upside opportunity for investors seeking dependable cash flow with room for growth. In addition, a detached 2 car garage located at the

    Roberto Gonzalez RG Realty, Inc.

    226 Potomac 226-228 St S, Hagerstown, MD 21740
  • /2

    $225,000

    • 3 Beds
    • 1 Bath
    • 1,180 Sq Ft

    445 E Franklin St, Hagerstown, MD 21740

    Tenant-occupied investment property generating $1,200 per month. This 3-bedroom, 1-bath home features a functional layout with steady rental income in place. A great opportunity for investors looking to add a cash-flowing property to their portfolio. Tenants are currently in place—please do not disturb.

    Roberto Gonzalez RG Realty, Inc.

    445 E Franklin St, Hagerstown, MD 21740
  • /3

    $200,000 Coming Soon

    • 3 Beds
    • 1 Bath
    • 1,200 Sq Ft

    223 Summer St, Hagerstown, MD 21740

    Tenant-occupied investment opportunity producing $1,600 per month. This 4-bedroom, 1-bath single-family home offers a functional layout featuring a spacious kitchen, separate dining area, and a walk-up attic providing additional storage or future potential. Off-street parking and rear alley access add convenience. Tenants are responsible for all utilities, helping keep operating expenses low.

    Roberto Gonzalez RG Realty, Inc.

    223 Summer St, Hagerstown, MD 21740
  • /3

    $299,000

    • Studio
    • 2,588 Sq Ft

    409 Mcdowell Ave, Hagerstown, MD 21740

    This well maintained duplex offers a solid investment opportunity with established rental income and clear upside through future rent growth. The property consists of two residential units and an additional garage rental, providing diversified income from a single location. The unit at 407 McDowell Street is currently rented at $1,275 per month. In addition, a detached garage associated with this

    Roberto Gonzalez RG Realty, Inc.

    409 Mcdowell Ave, Hagerstown, MD 21740
  • /43

    $184,900

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

    142 East Ave, Hagerstown, MD 21740

    Whether you’re seeking an investment opportunity or a home to personalize, this property offers exceptional potential. Enjoy a comfortable and convenient layout featuring some hardwood floors, updated appliances, and replacement windows for improved efficiency. The attic provides an excellent opportunity to expand your living space—perfect for a home office, third bedroom, or versatile flex area.

    Carmel & Amanda Llewellyn Keller Williams Realty Advantage

    142 East Ave, Hagerstown, MD 21740
  • /2

    $200,000 Coming Soon

    • 3 Beds
    • 1 Bath
    • 1,104 Sq Ft

    132 Randolph Ave, Hagerstown, MD 21740

    Tenant-occupied investment property generating $1,500 per month. This 3-bedroom, 1-bath home offers a functional layout with consistent rental income in place. A solid opportunity for investors looking to add a cash-flowing property to their portfolio. Tenants are currently in place—please do not disturb.

    Roberto Gonzalez RG Realty, Inc.

    132 Randolph Ave, Hagerstown, MD 21740
  • /2

    $147,000

    • 3 Beds
    • 1 Bath
    • 1,072 Sq Ft

    719 N Locust St, Hagerstown, MD 21740

    Prime Investment Opportunity with Established Income Streams This professionally managed half duplex home presents an exceptional opportunity for investors seeking stable cash flow. For those looking to expand their portfolio, this property can be acquired as part of a package with two additional fully occupied properties, 2 Duplexes.

    Roberto Gonzalez RG Realty, Inc.

    719 N Locust St, 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
$305,000
Median Single Family Sale Price
$331,000
Median Townhouse Sale Price
$257,000
Median 2 Bedroom Sale Price
$233,000
Median 1 Bedroom Sale Price
$130,000
Average Price Per Sq Ft
$147
Number of Homes for Sale
232
Last 12 months Home Sales
940
Months of Supply
3.00
Median List Price
$314,450
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
3%
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