$398,000
UNDER CONTRACT

Estimated payment $2,672/month

Total Views 463
Studio
-- Baths
2,560 Sq Ft
$155 Price per Sq Ft

Highlights

  • City View
  • Traditional Floor Plan
  • Eat-In Kitchen
  • Colonial Architecture
  • Corner Lot
  • En-Suite Bathroom

About This Home

Excellent investment opportunity at 600 & 602 Frederick Street in Hagerstown! This fully occupied multifamily property features four residential units, providing immediate rental income from day one. In addition to the residential units, the property includes eight garage bays—all currently rented—creating an additional and valuable income stream. With established tenants already in place and multiple sources of rental revenue, this property offers an attractive opportunity for investors looking to expand their portfolio. Conveniently located near shopping, dining, commuter routes, and other local amenities. Lease information, rental details, and financial records are available upon request.
Please do not disturb the tenants; scheduled appointments are required.

Listing Agent

Morgan Muse

(443) 499-3839 aj@cornerhouserealty.com Corner House Realty Brokerage Phone: 4434993839 License #650115 Listed on: 08/20/2026

Corner House Realty

Property Details

Home Type

  • Multi-Family

Est. Annual Taxes

  • $5,587

Year Built

  • Built in 1920

Lot Details

  • 8,000 Sq Ft Lot
  • Lot Dimensions are 200x20
  • Corner Lot
  • Level Lot

Parking

  • On-Street Parking

Home Design

  • Colonial Architecture

Interior Spaces

  • En-Suite Bathroom
  • 2,560 Sq Ft Home
  • Traditional Floor Plan
  • City Views

Kitchen

  • Eat-In Kitchen
  • Electric Oven or Range

Unfinished Basement

  • Walk-Out Basement
  • Partial Basement
  • Rear Basement Entry

Outdoor Features

  • Exterior Lighting

Utilities

  • Radiator
  • Electric Water Heater
  • Municipal Trash

Community Details

  • 4 Units
  • 2-Story Building
  • Low-Rise Community
  • Hagerstown Subdivision
  • Property Manager

Listing and Financial Details

  • Assessor Parcel Number 2217013033

Property Details

Home Type

Multi-Family

Est. Annual Taxes

$5,587

Year Built

Built in 1920

Lot Details

8,000 Sq Ft Lot

Listing Details

  • Property Type: Multi-Family
  • Unit Building Type: Garden 1 - 4 Floors
  • Architectural Style: Colonial
  • Ownership: Fee Simple
  • Historic: No
  • New Construction: No
  • Expected On Market: 8/20/2026 12:00:00 AM
  • Year Built: 1920
  • Automatically Close On Close Date: No
  • Special Features: UnderContract
  • Property Sub Type: MultiFamily

Interior Features

  • Appliances: Oven/Range - Electric, Refrigerator
  • Interior Amenities: Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Table Space, Primary Bath(s)
  • Foundation Details: Other
  • Basement: Yes
  • Basement Type: Outside Entrance, Partial, Rear Entrance, Unfinished, Walkout Stairs
  • Total Sq Ft: 2560
  • Living Area Sq Ft: 2560
  • Price Per Sq Ft: 155.47
  • Above Grade Finished Sq Ft: 2560
  • Above Grade Finished Area Units: Square Feet

Exterior Features

  • Other Structures: Above Grade, Below Grade
  • Exterior Features: Exterior Lighting, Sidewalks, Street Lights
  • Road Surface Type: Black Top
  • View: City
  • Water Access: No
  • Waterfront: No
  • Water Oriented: No
  • Pool: No Pool
  • Tidal Water: No
  • Water View: No

Garage/Parking

  • Garage: No
  • Type Of Parking: On Street

Utilities

  • Central Air Conditioning: No
  • Heating Fuel: Electric
  • Heating Type: Radiator
  • Heating: Yes
  • Hot Water: Electric
  • Sewer/Septic System: Public Sewer
  • Water Source: Public
  • Municipal Trash: Yes

Lot Info

  • Lot Features: Corner, Level
  • Lot Size Acres: 0.18
  • Lot Dimensions: 200x20
  • Lot Size Units: Square Feet
  • Lot Sq Ft: 8000.00
  • Zoning: RMED
  • In City Limits: Yes

Rental Info

  • Existing Lease Type: Month To Month
  • Rent Control: No
  • Total Actual Rent: 51900.00
  • Units Leased Count: 4
  • Vacation Rental: No
  • Property Manager: Yes

Tax Info

  • Tax Annual Amount: 5587.00
  • Assessor Parcel Number: 2217013033
  • County Tax Payment Frequency: Annually
  • Tax Year: 2026

Multi Family

  • Other Units: Unit 1,Unit 1

MLS Schools

  • School District Name: WASHINGTON COUNTY PUBLIC SCHOOLS

Map

Range of Values:

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Value Increase
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Home Values in the Area

Source: Public Records

Average Home Value in this Area





Source: Public Records

Tax History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

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
2026 $2,581 $290,700 $0 $0
2025 $2,581 $283,300 $40,000 $243,300
2024 $2,347 $257,667 $0 $0
2023 $2,114 $232,033 $0 $0
2022 $1,880 $206,400 $40,000 $166,400
2021 $2,060 $205,567 $0 $0
2020 $1,906 $204,733 $0 $0
2019 $1,906 $203,900 $40,000 $163,900
2018 $2,018 $201,433 $0 $0
2017 $1,837 $198,967 $0 $0
2016 -- $196,500 $0 $0
2015 $4,230 $196,500 $0 $0
2014 $4,230 $196,500 $0 $0
Source: Public Records

Property History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Event Price List to Sale Price per Sq Ft
08/20/2026 08/20/26 For Sale $398,000 -- $155 / Sq Ft
Source: Bright MLS

Purchase History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Type Sale Price Title Company
Deed -- None Listed On Document
Deed $225,000 Multiple
Deed $47,000 --
Source: Public Records

Mortgage History

We collect this data history from publicly available records. To have your information removed, we recommend requesting removal directly through your county’s website.

Date Status Loan Amount Loan Type
Previous Owner $168,750 New Conventional
Source: Public Records

Source: Bright MLS

MLS Number: MDWA2039156

Bright MLS

APN: 17-013033

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