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Investment - Homes for Sale in Hagerstown, MD

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  • /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 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, and much more! The property features 2 full bathrooms,

    Caleb Gee The Glocker Group Realty Results

    36 High St, 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
  • /19

    $225,000

    • 3 Beds
    • 1 Bath
    • 1,344 Sq Ft

    17334 Virginia Ave, Hagerstown, MD 21740

    Investor, cash-flowing rental property with recent updates already completed. This brick half-duplex offers three bedrooms and one full bath, along with an indoor laundry room and convenient off-street parking. The layout is functional and appealing to long-term tenants, contributing to consistent occupancy.The property has a strong rental history and is located in an area that remains easy

    Bill Kenny Keller Williams Realty Centre

    17334 Virginia Ave, 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
  • /20

    $250,000

    • 4 Beds
    • 1 Bath
    • 1,203 Sq Ft

    17521 Lexington Ave, Hagerstown, MD 21740

    A 4-bedroom, 1-bath single-family home is currently rented and ready for a new investor to purchase and add to their portfolio. Property is being sold with a tenant in place, providing immediate income.The home features an open kitchen and living room layout, stainless steel appliances including a dishwasher, and hardwood flooring in the two main-level bedrooms. The second level includes two

    Bill Kenny Keller Williams Realty Centre

    17521 Lexington 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
  • /77

    $360,000

    • Studio
    • 2,032 Sq Ft

    823 Concord St, Hagerstown, MD 21740

    Per the seller’s request, showings are limited to serious buyers only, and all prospective buyers must be pre-approved prior to scheduling. Turn-Key Duplex Investment with Strong Cash Flow Located at 821–823 Concord Street, this well-maintained duplex offers a solid, stabilized investment opportunity with strong cash flow and built-in rent growth. The property consists of two large residential

    Roberto Gonzalez RG Realty, Inc.

    823 Concord 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
  • /24

    $329,900

    • Studio
    • 1,924 Sq Ft

    201 Avon Rd, Hagerstown, MD 21740

    Updated investment property with long-term month to month tenants. This duplex has a 2 bedroom 1 full bath unit on each floor. These units are in great shape with many new or newer items. These would include: new trex rear deck/stairs entrance 8/2021, new roofs on garage and shed fall 2024, new hot water heaters(2) 12/2024, new refrigerators (2) 2021, new washers and dryers (2) 2/2021, new oven

    James Gross Absolute Real Estate

    201 Avon Rd, Hagerstown, MD 21740
  • /31

    $185,000 Coming Soon

    • 2 Beds
    • 1 Bath
    • 1,311 Sq Ft

    43 S Prospect St Unit 7, Hagerstown, MD 21740

    Don't miss this incredible opportunity! Beautifully renovated and fully furnished, this spacious two bedroom, one bathroom pent house/top floor condo offers approximately 1,300 sq. ft. of living space in a prime location. Enjoy the convenience of being within walking distance to Meritus Ballpark, the historic Maryland Theatre, fine dining, and local shopping. Currently operating as a successful,

    Julie Fritsch Mackintosh, Inc.

    43 S Prospect St Unit 7, 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
  • /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
  • /7

    $199,995

    • 3 Beds
    • 2 Baths
    • 1,140 Sq Ft

    212 N Mulberry St, Hagerstown, MD 21740

    Prime investment opportunity in the heart of Hagerstown. This 2 bedroom, 2 bathroom twin home built in 1896 offers 1,140 finished square feet with classic brick exterior and off street parking. Small 0.09 acre lot provides low maintenance ownership. Basement offers additional storage and potential value add. Convenient location near amenities and commuter routes supports strong rental demand.

    Megan Icenhour Keller Williams Realty Advantage

    212 N Mulberry St, Hagerstown, MD 21740
  • /5

    $289,000

    • 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
  • /47

    $381,900

    • 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
  • /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
  • /38

    $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 equipped with washer/dryer units. Monthly gross income is $4,770 for a total $57,240 in annual gross income! Many updates include a newer roof, water heater, windows along with original

    Mary Llewellyn The KW Collective

    39 E North Ave, Hagerstown, MD 21740
  • /30

    $299,900

    • 2 Beds
    • 1 Bath
    • 1,242 Sq Ft

    1304 Salem Ave, Hagerstown, MD 21740

    Charming, rare and one-of-a-kind gem truly describes this home! An enchanting stone cape cod offering so much including an EXTRA lot (possibly buildable, buyer to verify - Tax ID 2225000382 - see tax record for taxes) and on a street corner! Inside you'll find gleaming hardwood floors and a very functional layout featuring a kitchen with upgraded countertops and breakfast bar, separate dining

    Lynnette Potter Samson Properties

    1304 Salem Ave, Hagerstown, MD 21740
  • /22

    $349,900

    • 5 Beds
    • 3 Baths
    • 1,728 Sq Ft

    257 S Mulberry St, Hagerstown, MD 21740

    Income-producing 3BR/2.5BA home with 1,700 finished sq ft and a layout renters love. The main level offers a spacious living room, upgraded kitchen, dining area, and half bath, while upstairs features a private owner’s suite with an en-suite bath plus two generously sized bedrooms sharing a second full bath. Situated on a desirable corner lot with a great yard and convenient access to shopping,

    Eze Okwodu Samson Properties

    257 S Mulberry St, Hagerstown, MD 21740
  • /61

    $2,890,000

    • Studio
    • 9,859 Sq Ft

    15149 Bloyers Ave, Hagerstown, MD 21740

    Turnkey 17-Unit Multifamily Investment | Fully Occupied | Renovated | Ideal for 1031 Exchange Rare opportunity to acquire a fully stabilized 17-unit multifamily asset consisting of four buildings. The property is 100% occupied and producing consistent rental income, making it an excellent option for investors seeking a stable, income-producing property or a potential replacement asset for a 1031

    Krystal Stewart RG Realty, Inc.

    15149 Bloyers Ave, Hagerstown, MD 21740
  • /21

    $130,000

    • 3 Beds
    • 1 Bath
    • 1,390 Sq Ft

    446 N Prospect St, Hagerstown, MD 21740

    Great opportunity for investors or first-time home buyers! This versatile home offers a solid layout, recent system updates, and room to add value.The main level features a spacious living room, kitchen, and a convenient den—ideal for a home office, playroom, or additional living space. Upstairs, you’ll find two bedrooms, a full bathroom, and a third bonus room that can serve as an additional

    Gregory Gray (Investor) ExecuHome Realty

    446 N Prospect St, Hagerstown, MD 21740
  • /50

    $250,000

    • Studio
    • 2,688 Sq Ft

    422 1/2 Mcdowell Ave, Hagerstown, MD 21740

    **Charming Multi-Family Investment Opportunity**Discover the potential of this multi-family property located at 422 and 422 1/2 McDowell Avenue in Hagerstown, MD. This property has two-units, each unit boasts 3 bedrooms and 1 bathroom. While the property requires renovations, it presents a fantastic opportunity for investors or homeowners looking to customize their space. Don’t miss out on

    Craig Marsh Marsh Realty

    422 1/2 Mcdowell 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

    • 8 Beds
    • 3 Baths
    • 3,124 Sq Ft

    145 King St, Hagerstown, MD 21740

    Located in the heart of Hagerstown, this spacious former assisted living facility offers a unique investment and redevelopment opportunity. Featuring 8 bedrooms and 3 full bathrooms, the property is well-suited for a variety of community-based residential uses. The layout provides generous common areas, multiple private rooms, and functional space adaptable to numerous configurations. While the

    Carolyn Hurwitz Compass

    145 King St, Hagerstown, MD 21740
  • /11

    $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
  • /15

    $200,000

    • 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

    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

    Roberto Gonzalez RG Realty, Inc.

    409 Mcdowell Ave, Hagerstown, MD 21740
  • /43

    $174,900

    • 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
  • /33

    $200,000

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

    132 Randolph Ave, Hagerstown, MD 21740

    Tenant-occupied investment property generating $1,500 per month. This 2-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
  • /43

    $234,900

    • 4 Beds
    • 1 Bath
    • 1,135 Sq Ft

    1230 Crescent Rd, Hagerstown, MD 21742

    BACK ON THE MARKET, BUYER FINANCING FELL THROUGH: The Carroll Heights Community has an adorable MOVE-IN READY home FOR SALE. This 4BR rancher at 1230 Crescent Rd is perfect for those looking to downsize or for the first-time home buyer. 4 BR, or can convert the back bedroom into a second family room. Front porch AND back covered porch that overlooks a sizeable backyard. Newer white kitchen

    Sandy Usiak RE/MAX Results

    1230 Crescent Rd, Hagerstown, MD 21742

Home Trends in Hagerstown, MD

Housing Trends

Median Sale Price
$305,000
Median Single Family Sale Price
$335,000
Median Townhouse Sale Price
$255,000
Median 2 Bedroom Sale Price
$214,950
Median 1 Bedroom Sale Price
$130,000
Average Price Per Sq Ft
$148
Number of Homes for Sale
252
Last 12 months Home Sales
946
Months of Supply
3.20
Median List Price
$314,990
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%
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