$630,000
SOLD SEP 23, 2025
-- Bed
-- Bath
5,206 Sq Ft
0.34 Acres

Recently Sold

$121 Per Sq Ft

17% Below List Price

5 Days on Market

Highlights

  • Downtown Location
  • Heating System Uses Steam
  • Property is in excellent condition
  • Brick Front

About This Home

As of September 2025

This 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

Roberto Gonzalez

(301) 991-0207 roberto@rgrealtyinc.com RG Realty, Inc. License #598229 Listed on: 09/05/2025

Last Buyer's Agent

Carol Strasfeld

(301) 806-8871 carolstrasfeld@gmail.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

  • 0.34 Acre 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

  • Heating System Uses Steam
  • Natural Gas Water Heater

Community Details

  • 4 Units
  • 3-Story Building

Listing and Financial Details

  • Assessor Parcel Number 2203008711

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$6,819

Year Built

Built in 1900 | Remodeled in 2022

Lot Details

0

Listing Details

  • Property Type: Multi-Family
  • Structure Type: Detached
  • Ownership: Fee Simple
  • New Construction: No
  • Year Built: 1900
  • Year Renovated: 2022
  • Automatically Close On Close Date: No
  • Special Features: None
  • Property Sub Type: MultiFamily

Interior Features

  • Fireplace: No
  • Foundation Details: Stone, Permanent, Brick/Mortar
  • Total Sq Ft: 6846
  • Living Area Sq Ft: 5206
  • Price Per Sq Ft: 145.79
  • Above Grade Finished Sq Ft: 5206
  • Below Grade Sq Ft: 1640
  • Total Below Grade Sq Ft: 1640
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Construction Materials: Brick Front
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: Off Site

Utilities

  • Central Air Conditioning: No
  • Cooling Fuel: Electric
  • Heating Fuel: Natural Gas
  • Heating Type: Steam
  • Heating: Yes
  • Hot Water: Natural Gas
  • Sewer/Septic System: Public Sewer
  • Water Source: Public

Condo/Co-op/Association

  • Association Recreation Fee: No

Schools

  • High School Source: 3rd Party
  • Middle School Source: 3rd Party
  • School District Source: 3rd Party
  • High School: SOUTH HAGERSTOWN SR
  • Middle Or Junior School: E. RUSSELL HICKS SCHOOL

Lot Info

  • Lot Size Acres: 0.34
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 14810.40
  • Property Condition: Excellent
  • Zoning: RMED
  • In City Limits: Yes

Rental Info

  • Ground Rent Exists: No
  • Vacation Rental: No

Tax Info

  • Tax Annual Amount: 6819.00
  • Assessor Parcel Number: 2203008711
  • County Tax Payment Frequency: Annually
  • Tax Year: 2025

Multi Family

  • Other Units: Unit 1,Unit 2,Unit 4,Unit 5,Unit 3

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Range of Values:

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Value Increase
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Percent Increase
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Adjusted for Inflation
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

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 Compared to Growth

Source: Public Records

Agents Affiliated with this Home

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Map

Source: Bright MLS

MLS Number: MDWA2031348

Bright MLS

APN: 03-008711