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Investment - Homes for Sale in Hagerstown, MD

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  • /76

    $389,900

    $10K PRICE DROP
    • 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
  • /26

    $309,900

    $30K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 2,112 Sq Ft

    12463 Gateway Ave, Hagerstown, MD 21740

    Great price $309,900 Water front and nice home! Welcome to this cute and charming two-story home nestled in a peaceful setting with access to the beautiful Conococheague Creek, offering relaxing water views and the perfect blend of comfort and recreation. This inviting property features 2 bedrooms, a comfortable living room, and a functional kitchen, making it ideal as a full-time residence,

    Agent Photo

    Steve Powell

    Samson Properties

    (240) 860-1706

    12463 Gateway Ave, Hagerstown, MD 21740
  • /2

    $169,900

    • 3 Beds
    • 1 Bath
    • 1,092 Sq Ft

    329 Central Ave, Hagerstown, MD 21740

    ATTENTION INVESTORS – HAGERSTOWN OPPORTUNITY! Turnkey investment property currently leased through April 2027 at $1,350 per month, offering immediate rental income and strong long-term potential. This 3-bedroom, 1-bath half-duplex features a functional floor plan with a spacious kitchen and formal dining room, along with generously sized living areas throughout. Additional highlights include

    Agent Photo

    Steve Powell

    Samson Properties

    (240) 896-4948

    329 Central Ave, Hagerstown, MD 21740
  • /4

    $384,900

    • Studio
    • 2,904 Sq Ft

    428 Virginia Ave, Hagerstown, MD 21740

    Investment Opportunity – Fully Occupied 3-Unit Brick Property Across from Hagerstown City Park Seize the opportunity to own a fully tenant-occupied, all-brick triplex ideally situated directly across from the scenic Hagerstown City Park. This well-maintained property offers a rare combination of location, stability, and long-term upside in one of Hagerstown’s most desirable areas. Each unit

    Agent Photo

    Steve Powell

    Samson Properties

    (240) 875-6160

    428 Virginia Ave, Hagerstown, MD 21740
  • /5

    $189,900

    • 2 Beds
    • 1 Bath
    • 1,428 Sq Ft

    626 N Mulberry St, Hagerstown, MD 21740

    Spacious units featuring large, well-proportioned rooms throughout. Main level includes a living room, dining room, and eat-in kitchen. Upper level offers two generously sized bedrooms and a full bath. Tenants pay all utilities, providing strong investment appeal. Off-street parking available for added convenience. Property is currently leased through December 30, 2027. Any purchaser intending

    Agent Photo

    Steve Powell

    Samson Properties

    (240) 916-1180

    626 N Mulberry 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
  • /23

    $235,000

    • 4 Beds
    • 2 Baths
    • 1,584 Sq Ft

    419 Linganore Ave, Hagerstown, MD 21740

    Renovated in 2019, this duplex features two units, each offering 2 bedrooms and 1 full bath. Updates include a metal roof, rubber porch roof, vinyl replacement windows with aluminum-wrapped trim, and upgraded, separately metered electrical panels.Both units include updated kitchens and tiled baths, luxury vinyl flooring, and fresh paint. Situated on a double lot with added outdoor

    Stephanie Pullens Berkshire Hathaway HomeServices Homesale Realty

    419 Linganore Ave, Hagerstown, MD 21740
  • /32

    $214,900

    • 3 Beds
    • 1 Bath
    • 1,333 Sq Ft

    545 N Mulberry St, Hagerstown, MD 21740

    Welcome to 545 N Mulberry St, a charming brick colonial-style home in Hagerstown offering timeless character with thoughtful updates throughout. This 3-bedroom, 1-bath home features 1,332 square feet of living space with a spacious layout, updated flooring on the main level, and a beautifully renovated kitchen completed in 2017. The full bathroom was updated in 2015, adding modern comfort while

    Miranda Padre ExecuHome Realty

    545 N Mulberry 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
  • /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
  • /5

    $254,900

    Coming Soon
    • 3 Beds
    • 1.5 Baths
    • 1,320 Sq Ft

    1531 Iris Ct, Hagerstown, MD 21740

    Beautifully renovated townhouse coming soon in a convenient Hagerstown location! This move-in ready home features fresh modern updates throughout, including updated flooring, stylish fixtures, refreshed kitchen finishes, and renovated bathrooms. Enjoy a bright and functional layout with comfortable living spaces perfect for everyday living and entertaining. The property offers low-maintenance

    Arlene Reading Witz Realty, LLC

    1531 Iris Ct, 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
  • /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
  • /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

    $319,900

    $10K PRICE DROP
    • 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
  • /26

    $1,200,000

    $2M PRICE DROP
    • 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

    $25K PRICE DROP
    • 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
  • /37

    $129,900

    $5K PRICE DROP
    • 2 Beds
    • 1 Bath
    • 1,008 Sq Ft

    127 E Lee St, Hagerstown, MD 21740

    Turnkey investment opportunity with immediate cash flow! Calling all investors! *** This well-maintained 2-bedroom, 1-bath home is tenant-occupied with a lease in place through December, generating $1,155/month in rental income, with the tenant responsible for all utilities. *** The home has been well cared for by both owner and tenant—clean as can be! A great tenant is already in place, making

    Wendy Aloi Real Estate Innovations

    127 E Lee St, Hagerstown, MD 21740
  • /39

    $675,000

    $70K PRICE DROP
    • 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

    $179,995

    $20K PRICE DROP
    • 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
  • /47

    $381,900

    $2K PRICE INCREASE
    • 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
  • /29

    $334,900

    $5K PRICE DROP
    • Studio
    • 2,715 Sq Ft

    616 W Franklin St, Hagerstown, MD 21740

    Fully Rented Triplex | $3,175 Monthly Income | Hagerstown Solid brick three-unit property located at 616 W Franklin Street, delivering immediate and stable cash flow. The asset is fully occupied and generates $3,175 per month in gross rental income, totaling $38,100 annually. The property consists of three 2-bedroom, 1-bath units, each with private parking. All units are separately metered for

    Roberto Gonzalez RG Realty, Inc.

    616 W Franklin St, Hagerstown, MD 21740
  • /13

    $100,000

    $10K PRICE DROP
    • Land
    • 1.4 Acres
    • $71,429 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

    $475,000

    • 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 $4,870 for a total $58,440 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

    $275,000

    $25K PRICE DROP
    • 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
  • /51

    $429,900

    • 4 Beds
    • 1 Bath
    • 2,426 Sq Ft

    20007 Landis Rd, Hagerstown, MD 21740

    Privacy, breathtaking views, and timeless stone construction come together in this exceptional property, complete with an additional building lot and wooded acreage.Set on a total of 1.89 acres across two parcels, the main home rests on a 1-acre lot, while the adjoining 0.89-acre wooded lot offers added space, flexibility, and opportunity. Whether you’re dreaming of gardening, raising

    Michael Draper Century 21 Market Professionals

    20007 Landis Rd, Hagerstown, MD 21740
  • /22

    $299,000

    $51K PRICE DROP
    • 5 Beds
    • 3 Baths
    • 1,728 Sq Ft

    257 S Mulberry St, Hagerstown, MD 21740

    Income-producing 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, dining, and

    Eze Okwodu Samson Properties

    257 S Mulberry St, Hagerstown, MD 21740
  • /28

    $175,000

    • 2 Beds
    • 1 Bath
    • 448 Sq Ft

    16940 Shinham Rd, Hagerstown, MD 21740

    Cozy home with spacious kitchen and living room, and main bedroom large enough for king-size bed! Recently added mudroom and large front deck, 2-yr old roof and new outside electrical wiring/weatherhead/meter. .82 acre lot is fenced with large shed, kennel, and firepit. Backs to Conococheague Creek with views of Ski Liberty. Great balance of rural living and convenience, located just 3 miles from

    Kerry Mandrik Long & Foster Real Estate, Inc.

    16940 Shinham Rd, Hagerstown, MD 21740
  • /28

    $160,000

    • 2 Beds
    • 1 Bath
    • 1,342 Sq Ft

    247 N Mulberry St, Hagerstown, MD 21740

    This well-maintained two-bedroom, one-bath home offers a comfortable layout with well-proportioned living spaces and practical functionality throughout. Recent updates include new carpet in both bedrooms, giving the home a fresh, move-in ready feel. The bedrooms are well-sized, while the main living areas offer great space for relaxing or entertaining. Whether you’re a first-time home buyer,

    Carolyn Young Samson Properties

    247 N Mulberry St, Hagerstown, MD 21740
  • /25

    $289,990

    • Studio
    • 2,580 Sq Ft

    422 N Locust St, Hagerstown, MD 21740

    **INCOME GENERATING!** Perfect opportunity to own a strong cash-flowing duplex in a convenient and highly accessible location in Hagerstown. This well-maintained 2-unit property is currently occupied by two long-term tenants, generating a combined monthly rental income of $2,575, making it an excellent opportunity for both seasoned investors and those looking to begin or expand their real estate

    Tyler Charles Long & Foster Real Estate, Inc.

    422 N Locust St, Hagerstown, MD 21740
  • /24

    $345,000

    • Studio
    • 2,304 Sq Ft

    1246 1248 Pinecrest Ave, Hagerstown, MD 21740

    Fully occupied duplex generating $2,890 in monthly income with consistent in-place income and reliable performance. Both units are leased and producing immediate income with no vacancy exposure. Property offers a well-positioned investment opportunity with efficient operations and straightforward management. Separately metered utilities support predictable expenses. Ideal for investors seeking a

    Janet and Michael Burch Century 21 Redwood Realty

    1246 1248 Pinecrest Ave, 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
  • /93

    $159,000

    Open House 5/23
    • 2 Beds
    • 1 Bath
    • 1,170 Sq Ft

    13024 Salem Ave, Hagerstown, MD 21740

    EXCELLENT INVESTMENT OPPORTUNITY IN HAGERSTOWN, MD! Zoned Highway Interchange District with multiple potential commercial type uses! This home features 2–3 bedrooms, 1 bathroom, a living room, family room, dining room, and kitchen. The property includes a full unfinished basement and sits on just over an acre, offering plenty of space and potential. Additional highlights include a detached 1-car

    Kaleb Hurley Hurley Real Estate & Auctions

    13024 Salem Ave, 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
  • /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
$337,250
Median Townhouse Sale Price
$260,000
Median 2 Bedroom Sale Price
$214,950
Median 1 Bedroom Sale Price
$132,500
Average Price Per Sq Ft
$148
Number of Homes for Sale
277
Last 12 months Home Sales
935
Months of Supply
3.60
Median List Price
$315,000
Median Change From 1st List Price
0%
Median Home Sale Price YoY Change
2%
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