671 Highland Way Hagerstown, MD 21740
South End NeighborhoodEstimated payment $3,573/month
Highlights
- 0.58 Acre Lot
- Colonial Architecture
- Hot Water Heating System
About This Home
Great Location! Walking distance to the Beautiful Hagerstown City Park! FIVE (5) Units fully Rented!
New Rear steps being installed now. 9% CAP RATE, same owner for years. All leases are yearly except one is month to month.
Call for more details and to schedule a tour!
Listing Agent
(301) 745-1500 leads@reimove.com Real Estate Innovations Brokerage Phone: 3017451500 License #80505 Listed on: 07/08/2026
Property Details
Home Type
- Multi-Family
Est. Annual Taxes
- $4,960
Year Built
- Built in 1900
Lot Details
- 25,403 Sq Ft Lot
Home Design
- Colonial Architecture
- Victorian Architecture
- Brick Exterior Construction
- Stone Foundation
- Asphalt Roof
Parking
- 10 Parking Spaces
- 10 Driveway Spaces
Utilities
- Window Unit Cooling System
- Hot Water Heating System
- 200+ Amp Service
- Electric Water Heater
- Municipal Trash
Additional Features
- Unfinished Basement
Listing and Financial Details
- Tax Lot 18
- Assessor Parcel Number 2203009270
Community Details
Overview
- 4 Units
- 3-Story Building
Building Details
- Insurance Expense $4,506
- Maintenance Expense $1,000
- Operating Expense $8,180
- Net Operating Income $59,639
Map
Home Values in the Area
Average Home Value in this Area
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 | $2,291 | $250,100 | $60,400 | $189,700 |
| 2025 | $2,291 | $251,500 | $60,400 | $191,100 |
| 2024 | $2,232 | $245,000 | $0 | $0 |
| 2023 | $2,173 | $238,500 | $0 | $0 |
| 2022 | $2,113 | $232,000 | $60,400 | $171,600 |
| 2021 | $2,383 | $230,900 | $0 | $0 |
| 2020 | $2,139 | $229,800 | $0 | $0 |
| 2019 | $2,138 | $228,700 | $60,400 | $168,300 |
| 2018 | $2,360 | $228,700 | $60,400 | $168,300 |
| 2017 | $2,168 | $228,700 | $0 | $0 |
| 2016 | -- | $231,900 | $0 | $0 |
| 2015 | $5,145 | $231,900 | $0 | $0 |
| 2014 | $5,145 | $231,900 | $0 | $0 |
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 |
|---|---|---|---|---|
| 07/08/2026 07/08/26 | For Sale | $574,900 | -- | $123 / Sq Ft |
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 | -- | Premier Settlements & Ttl Sv | |
| Deed | $185,000 | Premier Settlements & Ttl Sv | |
| Deed | $245,000 | -- | |
| Deed | $196,000 | -- | |
| Deed | $147,000 | -- | |
| Deed | $80,000 | -- | |
| Deed | $137,000 | -- |
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 |
|---|---|---|---|
| Open | $277,500 | New Conventional | |
| Previous Owner | $183,750 | Commercial | |
| Previous Owner | $175,750 | Commercial | |
| Previous Owner | $70,000 | Commercial |
Source: Bright MLS
MLS Number: MDWA2038430
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Ask me questions while you tour the home.