Seller's Agent in 2025
Roberto Gonzalez
RG Realty, Inc.
(301) 991-0207
82 in this area
178 Total Sales
133 Summit Ave Hagerstown, MD 21740
Central Neighborhood
Studio
--
Bath
5,206
Sq Ft
14,810
Sq Ft Lot
Highlights
- Cooling Available
- Brick Front
- Property is in excellent condition
- Downtown Location
- Heating System Uses Steam
About This Home
As of September 2025This fully occupied seven unit apartment building in Hagerstown is a solid multifamily investment. It is licensed with the City of Hagerstown, current on lead certification, and professionally managed. Recent improvements include a new roof in 2022 and upgraded electric service with new meters.
The building offers one studio of about 500 square feet, two one bedroom apartments of about 615 square feet each, and four two bedroom apartments of about 850 square feet each, for a total of roughly 5,130 rentable square feet. A rear lot parks five vehicles, and a detached two car garage provides added income potential.
The property sits on a 0.34 acre lot directly across from the new Hagerstown Multi Use Sports and Events Facility and two blocks from Downtown. It is within walking distance of the Entertainment and Arts District, the Washington County Free Library, and City Park, and is served by the public bus line. With consistent occupancy, strong renter demand in this submarket, and limited new multifamily supply, the asset offers reliable cash flow today and attractive long term appreciation potential in Hagerstown.
Last Agent to Sell the Property
(240) 203-6393 roberto@rgrealtyinc.com RG Realty, Inc. License #598229 Listed on: 09/05/2025
Last Buyer's Agent
Unrepresented
datacorrect@brightmls.com Unrepresented Buyer Office
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $6,819
Year Built
- Built in 1900 | Remodeled in 2022
Lot Details
- 14,810 Sq Ft Lot
- Downtown Location
- Property is in excellent condition
Parking
- Off-Site Parking
Home Design
- Brick Foundation
- Permanent Foundation
- Stone Foundation
- Brick Front
Schools
- E. Russell Hicks Middle School
- South Hagerstown Sr High School
Utilities
- Cooling Available
- Heating System Uses Natural Gas
- Heating System Uses Steam
- Natural Gas Water Heater
Community Details
- 4 Units
- 3-Story Building
Listing and Financial Details
- Assessor Parcel Number 2203008711
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Home Values in the Area
Average Home Value in this Area
Property History
| Date | Event | Price | List to Sale | Price per Sq Ft |
|---|---|---|---|---|
| 09/23/2025 09/23/25 | Sold | $630,000 | -17.0% | $121 / Sq Ft |
| 09/05/2025 09/05/25 | For Sale | $759,000 | -- | $146 / Sq Ft |
Source: Bright MLS
Tax History
| Year | Tax Paid | Tax Assessment Tax Assessment Total Assessment is a certain percentage of the fair market value that is determined by local assessors to be the total taxable value of land and additions on the property. | Land | Improvement |
|---|---|---|---|---|
| 2025 | $3,241 | $404,000 | $90,000 | $314,000 |
| 2024 | $3,241 | $355,733 | $0 | $0 |
| 2023 | $2,813 | $307,467 | $0 | $0 |
| 2022 | $2,361 | $259,200 | $90,000 | $169,200 |
| 2021 | $2,608 | $252,700 | $0 | $0 |
| 2020 | $2,241 | $246,200 | $0 | $0 |
| 2019 | $2,241 | $239,700 | $90,000 | $149,700 |
| 2018 | $2,474 | $239,700 | $90,000 | $149,700 |
| 2017 | $2,242 | $239,700 | $0 | $0 |
| 2016 | -- | $239,800 | $0 | $0 |
| 2015 | $5,402 | $239,800 | $0 | $0 |
| 2014 | $5,402 | $239,800 | $0 | $0 |
Source: Public Records
Agents Affiliated with this Home
-
Roberto Gonzalez
-
U
Buyer's Agent in 2025
Unrepresented
Unrepresented Buyer Office
Map
Source: Bright MLS
MLS Number: MDWA2031348
APN: 03-008711
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