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    408 W Washington St Hagerstown, MD 21740

    For Sale
    $370,000

    MULTI_FAMILY - Colonial - HAGERSTOWN, MD

    Property size:
    3,422 SF
    Lot size:
    0.12 Acres
    Days on Market:
    77
    Last Refresh:
    Dec 15 at 8:06 am

    Property Features for 408 W Washington St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking features
    Off Street
    Size
    3,422 SF
    Lot size
    0.12 Acres

    Utilities

    Heating system
    Baseboard, Electric (Heating)
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1853
    Number of units
    1
    Building materials
    Brick
    Architectural style
    Colonial

    RG Realty, Inc. (240) 329-9454 [email protected]

    Listing agent Krystal Stewart (813) 323-0463 License #679847

    Listing date Sep 30, 2025

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Turnkey Triplex Investment Opportunity

    This is a fully occupied and professionally managed triplex, presenting a turnkey investment opportunity. The property features three separately metered units, including one 1-bed/1-bath apartment and two 2-bed/1-bath apartments. Tenants are responsible for their own electric, which reduces owner expenses. Lead certificates and an active rental license are in place for a smooth transfer. Residents benefit from private rear parking with dedicated spaces. The property, located in Hagerstown, MD, has a size of 3422 square feet and sits on a 0.12-acre lot. It can qualify for FHA financing, making it accessible to both investors and owner-occupants. This strong cash-flowing property with a reliable tenant history is ideal for investors seeking steady returns and low-maintenance management.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Realty agency Restaurant Law Firm Spa & Massage Dental Office Hair Salon Nail Salon Clothing Store Building Supply Gym & Fitness

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hagerstown
    County
    Washington
    State
    Maryland
    Longitude
    -77.72698
    Latitude
    39.64571

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    FAQs

    What type of property is this?
    Triplex - Fully occupied triplex in Hagerstown, MD, offering consistent rental income.
    Where is this triplex located?
    The property is located at 408 W Washington St Hagerstown, MD.
    What is the asking price?
    The asking price for this property is $370,000.
    What are key features of this property?
    This property features: - Strong cash-flowing property with reliable tenant history.; - Fully occupied and professionally managed, offering minimal owner involvement.; - Turnkey investment with lead certificates and active rental license in place.
    (813) 323-0463
    Request Owner's contact information
    408 W Washington St Hagerstown, MD 21740
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    408 W Washington St Hagerstown, MD 21740
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