Maryland Apartment Buildings for Sale

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Updated: Aug 19

Six-Unit Brick Apartment Building

429 N LOCUST Street, Hagerstown, MD 21740

$600,000

5,655 sqft 0.07 AC lot

Six one‑bedroom, one‑bath apartments averaging approximately 942 square feet each
Three‑story brick building constructed in 1918
100% leased with six occupied units
Original details include hardwood floors, French pocket doors, and bay windows
Roof replacement completed in 2021

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429 N LOCUST Street, HAGERSTOWN, MD 21740

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Est. Cap Rate

8.9%
Above avg (5.9%)
Est. NOI

$53K
Annual
Mortgage

$288K
May 2021
Last Sold

May 2021
$320K
Property Type

Residential Income
Built 1918

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Updated: Aug 11

8-Unit Mixed-Use Apartment Building

400 N POTOMAC Street, Hagerstown, MD 21740

$800,000

8,524 sqft 0.26 AC lot

8,524‑square‑foot mixed‑use property with 7 apartments and 1 ground‑floor commercial space
Seven one‑bedroom, one‑bathroom apartments
87.5% occupied, with 7 of 8 units and spaces leased
Recently replaced roof and new replacement windows throughout
Built in 1903 on a 0.2571‑acre parcel

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Renovated 6-Unit Mixed-Use Building

120 2ND Street, Laurel, MD 20707

$1,059,000

5,616 sqft 0.21 AC lot

Renovated 6-unit property with five residential units, one commercial unit, and 20+ parking spaces in CG zoning.

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Renovated Six-Unit Apartment Building

1801 MADISON Avenue, Baltimore, MD 21217

$795,000

5,296 sqft 0.06 AC lot

Victorian apartments offer private laundry, separate utility metering, and updated interiors suited to long-term residential occupancy.

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Downtown Multifamily Apartment Complex

220 220-226 Summit Ave, Hagerstown, MD 21740

$1,975,000

7,080 sqft

Two adjoining apartment buildings total 20 units, with updated systems and a detached three-bay garage for added rental income.

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Five-Unit Apartment Building

671 HIGHLAND Way, Hagerstown, MD 21740

$574,900

4,666 sqft 0.58 AC lot

Five units are fully rented, with yearly leases in place and new rear steps currently being installed.

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Multifamily Building with Six Living Areas

2818 N CALVERT Street N, Baltimore, MD 21218

$649,900

2,790 sqft

Turnkey multifamily property configured with six separate living spaces, each with electric baseboard heat and window A/C.

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All-Brick 10-Unit Mixed-Use Building

154-158 -s Potomac, Hagerstown, MD 21740

$1,400,000

12,736 sqft 0.22 AC lot

Four-story all-brick 10-unit building with a detached 3-bay garage and a separate electric-metered unit mix.

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Renovated Apartment Building

106 W SARATOGA Street, Baltimore, MD 21201

$1,599,000

8,071 sqft

Brick residential property with a basement office, rear parking, central air, and heat pump systems.

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Corner-Lot Five-Unit Apartment Building

8009 GARLAND Avenue, Takoma Park, MD 20912

$875,000

2,300 sqft 0.18 AC lot

Five-unit apartment building on a corner lot with forced-air heating, window cooling, fireplaces, and separate electric metering.

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Brick 10-Unit Mixed-Use Building

154-158S Potomac, Hagerstown, MD 21740

$1,400,000

12,736 sqft 0.22 AC lot

All-brick four-story building with 9 residential units and 1 commercial unit, each separately metered for electric.

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HAGERSTOWN Multi-Unit Investment Opportunity

165 SUMMIT Avenue, Hagerstown, MD 21740

$649,000

4,811 sqft 0.16 AC lot

Five-unit apartment building overlooking the new Meritus Baseball Park.

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6-Unit Apartment Building

1911 W BALTIMORE Street, Baltimore, MD 21223

$599,900

3,200 sqft 0.69 AC lot

Brick multifamily property with separately metered utilities, central air, and shared basement laundry.

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Renovated Six-Unit Apartment Building

1801 MADISON AVENUE, Baltimore, MD 21217

$795,000

5,976 sqft

Renovated multifamily property with separately metered apartments and private in-unit laundry.

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Updated Multifamily Building in College Park

7404 COLUMBIA Avenue, College Park, MD 20740

$1,725,000

5,200 sqft 0.28 AC lot

Six-unit multifamily property with steady income in College Park, MD.

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Mixed-Use Residential Income Building

18 W FRANKLIN Street, Baltimore, MD 21201

$900,000

10,966 sqft 0.10 AC lot

Six-unit mixed-use building with five residential units and one commercial space, fully leased and updated with replaced roof and gutters.

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Mixed-Use Apartment Building with Courtyard

18 W Franklin St, Baltimore, MD 21201

$900,000

10,966 sqft

Six-unit mixed-use building with both residential and commercial space and a courtyard; roof and gutters replaced in 2016.

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Turnkey 5-Unit Apartment Building

16 S MULBERRY Street, Hagerstown, MD 21740

$525,000

4,316 sqft 0.17 AC lot

Well-maintained 5-unit apartment building with four 1-bedroom units, one 2-bedroom unit, and rear off-street parking.

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Victorian Brick Multifamily Building

1701 BOLTON STREET, Baltimore, MD 21217

$650,000

8,352 sqft

Victorian-era brick multifamily building with six units across three stories and a finished basement, sold as-is.

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Six-Unit Apartment Building

629 OAK HILL Avenue, Hagerstown, MD 21740

$1,175,000

8,319 sqft 0.52 AC lot

Restored historic six-unit property with oversized two-bedroom layouts, individual HVAC, off-street parking, and on-site laundry.

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Brick Mixed-Use Apartment Building

154158 POTOMAC, Hagerstown, MD 21740

$1,400,000

12,736 sqft 0.22 AC lot

Four-story, all-brick 10-unit building includes 9 residential units and 1 commercial unit with separate electric metering.

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Converted 5-Unit Multifamily Building

807 BEDFORD Street, Cumberland, MD 21502

$215,000

2,395 sqft 0.06 AC lot

5-unit multifamily building converted from a duplex and currently fully rented.

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9-Unit Apartment Building

106 W Saratoga St, Baltimore, MD 21201

$1,649,000

7,406 sqft

Renovated multifamily property with a basement office and rear parking lot.

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Historic Downtown Redevelopment Building

72 W WASHINGTON Street, Hagerstown, MD 21740

$2,290,000

0.23 AC lot

Seven-story historic commercial building at 72 W Washington Street, offered for adaptive reuse in a CCMU-zoned downtown setting.

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Maryland Apartment Buildings Market Trends and Statistics

Explore 222 apartment buildings for sale in Maryland, showcased through 222 active listings on our real estate platform. These investment opportunities span a total of 1,713,870 square feet of properties for sale, with an estimated market value of $129,123,938.

Sale prices for two-family homes in Maryland start at $115,000, averaging $1,094,270, and reaching up to $11,950,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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