Washington County, MD 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

Colonial Apartment Building

400 N POTOMAC Street, Hagerstown, MD 21740

$800,000

8,524 sqft 0.26 AC lot

8,524‑square‑foot mixed‑use income property with 7 apartments and 1 ground‑floor commercial space
Seven one‑bedroom, one‑bathroom apartments plus commercial space
87.5% occupied, with 7 of 8 units and spaces leased
Recently replaced roof and new replacement windows throughout
Built in 1903 with Colonial architectural design

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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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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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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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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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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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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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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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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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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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Downtown Hagerstown Redevelopment Opportunity

72 W Washington St, Hagerstown, MD 21740

$2,490,000

34,720 sqft 0.23 AC lot

Historic building with adaptive reuse potential in downtown Hagerstown.

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27-Unit Multifamily Portfolio

400 N POTOMAC ST, Hagerstown, MD 21740

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8,524 sqft

Multi-property offering combines one-bedroom apartments with a commercial component.

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Fully Rented 5-Unit Building

16 S MULBERRY St, Hagerstown, MD 21740

$525,000

0.17 AC lot

Turnkey investment property with value-add potential in Hagerstown, MD.

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Three-Story 7-Unit Apartment Building

16 Wayside Avenue, Hagerstown, MD 21740

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4,614 sqft

Three-story, 7-unit income property with two 2-bedroom units and five 1-bedroom units.

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Turn-Key Mixed-Use Investment Opportunity

117 E Antietam St, Hagerstown, MD 21740

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8,388 sqft

Fully occupied six-unit building with stable cash flow.

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Mixed-Use Apartment Building with Retail Space

400 N POTOMAC St, Hagerstown, MD 21740

$800,000

Eight-unit property combines professionally managed apartments with a ground-floor commercial space in a walkable North End setting.

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Six-Unit Multifamily Property

401 S Potomac St, Hagerstown, MD 21740

$650,000

Six-unit apartment building with 3-bedroom units, coin-operated laundry, and off-street parking for about eight vehicles.

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Fully Rented 5-Unit Apartment Building

601 Highland Way, Hagerstown, MD 21740

$625,000

Five units are fully rented, with a covered front porch and off-street parking.

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Hagerstown Multifamily Investment Opportunity

311 Summit Ave, HAGERSTOWN, Hagerstown, MD 21740

$599,900

0.15 AC lot

Six-unit apartment building near City Park, fully occupied, positive cashflow.

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Renovated Apartment Building For Sale

453 W ANTIETAM St, Hagerstown, MD 21740

$1,850,000

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

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Hagerstown 7-Unit Multifamily Investment

16-18 WAYSIDE Ave, Hagerstown, MD 21740

$779,000

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

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Downtown Multifamily Investment Opportunity

220-226 Summit Ave, Hagerstown, MD 21740

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7,080 sqft

Two adjoining apartment buildings with 20 units in downtown Hagerstown.

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Five-Unit Multifamily Investment Property

419 Summit Ave, HAGERSTOWN, Hagerstown, MD 21740

$499,900

0.16 AC lot

Well-maintained, fully occupied five-unit apartment building with positive cash flow.

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Washington County, MD Apartment Buildings Market Trends and Statistics

Explore 69 apartment buildings for sale in Washington County, MD, showcased through 32 active listings on our real estate platform. These investment opportunities span a total of 150,565 square feet of properties for sale, with an estimated market value of $24,216,700.

Sale prices for two-family homes in Washington County, MD start at $499,900, averaging $1,052,900, and reaching up to $2,490,000 — 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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