Hagerstown, MD
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    Hagerstown, MD Apartment Buildings for Sale

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    Funkstown, MD Maugansville, MD Fairplay, MD
    29 results
    HAGERSTOWN Multifamily Investment Opportunity
    $625,000
    6,568 SF

    HAGERSTOWN Multifamily Investment Opportunity

    601 HIGHLAND Way, Hagerstown, MD 21740

    Fully rented five-unit property near City Park in HAGERSTOWN, MD.

    • Fully rented five‑unit property
    • Located one block from City Park with walking trails, ponds, and playgrounds
    • Off‑street parking available
    • Central air conditioning
    • Brick construction
    Updated: May 8
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    HAGERSTOWN Multifamily Investment Opportunity
    $389,900
    5,580 SF

    HAGERSTOWN Multifamily Investment Opportunity

    601-603 N MULBERRY Street, Hagerstown, MD 21740

    Four-unit residential property with potential for two additional units.

    • Potential for 6 Units: Currently a 4‑unit property with the possibility of adding 2 additional attic units, significantly increasing rental income.
    • Individually Metered Apartments: All 4 existing units are individually metered, simplifying utility management and tenant billing.
    • Two Separate Parcels: Deeded as 2 separate parcels (601‑603), offering flexibility in future sales or management.
    • Separate Entrances: Each of the 4 units has 2 separate entrances (8 total), enhancing privacy and tenant appeal.
    • Attic Units with Separate Entrances: The 2 potential attic units already have separate entrances, streamlining the renovation process.
    Updated: Jan 12
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    HAGERSTOWN Multi-Unit Investment Opportunity
    $649,000
    4,811 SF

    HAGERSTOWN Multi-Unit Investment Opportunity

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

    165 SUMMIT Avenue, Hagerstown, MD 21740
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    HAGERSTOWN Multifamily Investment Opportunity
    $574,900
    4,666 SF

    HAGERSTOWN Multifamily Investment Opportunity

    Five-unit property near Hagerstown City Park, fully rented.

    671 HIGHLAND Way, Hagerstown, MD 21740
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    Turnkey Multifamily Investment Opportunity
    $2,890,000
    9,859 SF

    Turnkey Multifamily Investment Opportunity

    Fully occupied, renovated 17-unit multifamily property in Hagerstown, MD.

    15149 BLOYERS Avenue, Hagerstown, MD 21740
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    Turnkey 5-Unit Investment Property
    $575,000
    4,316 SF

    Turnkey 5-Unit Investment Property

    Fully rented 5-unit building with value-add potential in Hagerstown, MD.

    16 S MULBERRY Street, Hagerstown, MD 21740
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    Mixed-Use Investment in Downtown Hagerstown
    $925,000

    Mixed-Use Investment in Downtown Hagerstown

    Stabilized 10-unit property with value-add potential in a prime location.

    101 POTOMAC St, Hagerstown, MD 21740
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    Hagerstown Multifamily Investment Opportunity
    $635,000

    Hagerstown Multifamily Investment Opportunity

    Fully occupied 6-unit building near new stadium.

    228-230 SUMMIT Ave, Hagerstown, MD 21740
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    Five-Unit Multi-Building Investment Opportunity
    $550,000

    Five-Unit Multi-Building Investment Opportunity

    Fully rented, cash-flowing five-unit multi-building with value-add potential.

    1301 VIRGINIA Ave, Hagerstown, MD 21740
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    Hagerstown 7-Unit Multifamily Investment
    $794,000

    Hagerstown 7-Unit Multifamily Investment

    Well-maintained 7-unit multifamily property near amenities and entertainment.

    16-18 WAYSIDE Ave, Hagerstown, MD 21740
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    Fully Leased Hagerstown Apartment Building
    $895,000

    Fully Leased Hagerstown Apartment Building

    Performing 8-unit apartment building near downtown Hagerstown.

    25 BROADWAY, Hagerstown, MD 21740
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    Hagerstown 6-Unit Apartment Building
    $515,000

    Hagerstown 6-Unit Apartment Building

    Six-unit apartment building in Hagerstown with rental income potential.

    53 BROADWAY, Hagerstown, MD 21740
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    Renovated Apartment Building in Hagerstown
    $895,000
    3,620 SF

    Renovated Apartment Building in Hagerstown

    Fully renovated, stabilized 8-unit apartment building in prime location.

    25 Broadway, Hagerstown, MD 21740
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    Hagerstown Multifamily Investment Opportunity
    $574,900

    Hagerstown Multifamily Investment Opportunity

    Five fully rented units near Hagerstown City Park.

    671 HIGHLAND Way, Hagerstown, MD 21740
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    Turn-Key Mixed-Use Investment Opportunity
    $740,000
    8,388 SF

    Turn-Key Mixed-Use Investment Opportunity

    Fully occupied six-unit building with stable cash flow.

    117 E Antietam St, Hagerstown, MD 21740
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    Hagerstown Multi-Family Investment Opportunity
    $794,000

    Hagerstown Multi-Family Investment Opportunity

    Seven-unit multi-family property in Hagerstown, near amenities and attractions.

    16-18 Wayside Ave, Hagerstown, MD 21740
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    Income Producing Hagerstown Apartment Building
    $635,000
    0.15 Acres

    Income Producing Hagerstown Apartment Building

    Fully occupied 6-unit building near new stadium in Hagerstown.

    228-230 Summit Ave, Hagerstown, MD 21740
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    Turnkey Investment with Liquor License
    $675,000
    9,165 SF

    Turnkey Investment with Liquor License

    Mixed-use property with bar, retail, and residential units.

    500 Salem Avenue, Hagerstown, MD 21740
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    Mixed-Use Investment in Downtown Hagerstown
    $925,000
    0.12 Acres

    Mixed-Use Investment in Downtown Hagerstown

    10-unit mixed-use property with value-add potential in downtown Hagerstown.

    101 Potomac St, Hagerstown, MD 21740
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    Renovated Apartment Building For Sale
    $1,850,000

    Renovated Apartment Building For Sale

    Recently renovated 14-unit apartment building with major capital improvements.

    453 W ANTIETAM St, Hagerstown, MD 21740
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    Turnkey Multifamily Investment Opportunity
    $2,890,000
    2.72 Acres

    Turnkey Multifamily Investment Opportunity

    Fully occupied, renovated 17-unit multifamily property ideal for 1031 exchange.

    15149 Bloyers Ave, Hagerstown, MD 21740
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    Turnkey Investment with Liquor License
    $675,000
    10,000 SF

    Turnkey Investment with Liquor License

    Established bar with income-producing residential and retail units for sale.

    500-508 Salem Ave, Hagerstown, MD 21740
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    Downtown Multifamily Investment Opportunity
    $2,110,000
    7,080 SF

    Downtown Multifamily Investment Opportunity

    Two adjoining apartment buildings with 20 units in downtown Hagerstown.

    220-226 Summit Ave, Hagerstown, MD 21740
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    Renovated Multifamily Building For Sale
    $1,850,000
    0.14 Acres

    Renovated Multifamily Building For Sale

    Recently renovated 14-unit apartment building with significant upgrades.

    453 W Antietam St, Hagerstown, MD 21740
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    Hagerstown, MD Apartment Buildings Investment Opportunities Market Analysis

    Explore 59 apartment buildings for sale in Hagerstown, MD, showcased through 29 active listings on our real estate platform. These investment opportunities span a total of 128,341 square feet of properties for sale, with an estimated market value of $14,098,800.

    Sale prices for two-family homes in Hagerstown, MD start at $389,900, averaging $1,174,900, and reaching up to $3,300,000 — 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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    Property Size Breakdown

    The majority of commercial real estate listings in Hagerstown fall within the 100,000+ square foot range.

    Demographics Overview

    Population 101K
    Population Growth (5Y) +4.0%
    Median Household Income $66,959
    College Educated 10.5%

    High-Yield Neighborhoods for Strategic Investment

    Identify Hagerstown submarkets with the highest inventory density on the market and evaluate the median listing prices of real estate assets

    Neighborhood Average Price
    21740 $1.2M
    21742 $3.3M

    Taxes & Financing

    Tax Rate (average for all types) 0.97%
    Property Tax per SF $18.55 per sq ft
    Tax Rate vs County Average 0.01 pp above county avg
    Average Loan-to-Value 65.0%

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