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Colonial Duplex with Three-Bed Unit

836 HAMILTON Boulevard Hagerstown, MD 21742

836 HAMILTON Boulevard, Hagerstown, MD, 21742
$434,900
For Sale
Claim this Listing
$434,900

MULTI_FAMILY - Colonial - HAGERSTOWN, MD

Property Size1,624 SF
Lot Size0.07 Acres
Price / SF$267.80
AddedApr 8
Days on Market100
Last RefreshJul 16 at 3:06 am

Property Features for 836 HAMILTON Boulevard

General Information

Property type
Residential Multi Family
Property subtype
Other
Rooms
Dining Room, Basement
Parking features
On Street
Interior features
Attic, Built-Ins, Carpet, Combination Kitchen/Dining, Crown Moldings, Dining Area, Entry Level Bedroom, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Table Space, Wood Floors
Appliances
Exhaust Fan, Oven/Range - Electric, Range Hood, Refrigerator
Standard status
Active
Size
1,624 SF
Lot size
0.07 Acres

Taxes and HOA fees

Tax Annual Amount
3380

Utilities

Heating system
Forced Air
Cooling system
Window Unit(s), Central Air

Building Details

Year built
1913
Number of units
1
Building materials
Brick, Stone
Architectural style
Colonial

Listing agent Brian Richards License #661852

Listing office Mackintosh , Inc. 120 Oak Ridge Drive unit: 100, Frederick, MD

Listing date Apr 8, 2026

MLS# MDWA2035468 Listing URL

Copyright © 2026 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.


Investment Insights

Based on property information with market context.

This Colonial duplex is being sold as two connected addresses, 836 and 838 Hamilton Boulevard. The property is well maintained and includes a mix of unit types across the two sides. On side 838, there are two one-bedroom units that share heat and a laundry arrangement, along with one three-bedroom unit. Each side has its own separate gas meter, and each unit also has its own electric meter.

The duplex is located in Hagerstown, Maryland, in Washington County. The listing provides that all units are fully rented, supporting an investor or owner-operator with an income-producing configuration at the time of sale.

From a tenant-fit and operations standpoint, the separate metering can simplify utility management by unit. The combination of two one-bedroom units and one three-bedroom unit on one side may appeal to a range of households, while maintaining the practical flexibility of multiple independent electric meters. With 836 and 838 sold together, buyers also gain a single ownership structure that consolidates the existing rental setup.

Key Highlights

  • Colonial duplex built in 1913 in Hagerstown
  • Both sides included: 836 and 838, sold together
  • Side 838: two 1‑bedroom units that share heat and a laundry area

Local Financial Insights For Multifamily LT 5

Simulate Cap Rate and NOI

NOI Build-Up
Vacancy
income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
EGI (Effective Gross Income)
gross rent minus vacancy losses — the realistic income before paying operating costs.
OpEx (Operating Expenses)
recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
NOI (Net Operating Income)
income a property generates after operating costs but before financing and taxes.

Component $ $/SF
Gross rent $26.3k $16.20
− Vacancy −$2.0k −$1.22
EGI $24.3k $14.99
− OpEx −$7.3k −$4.50
NOI $17.0k $10.49
1,624 SF · lease $16.20/SF/yr · vacancy 7.50% · expense 30.00%

Alternative Uses

Best Use
Multifamily LT 5
$243.4K
$212.9K – $283.9K (±1% cap)
NOI $17,035 @ 7.0% cap · market cap 3.92%
Second Best
Apartment 5plus
$218.3K
$191.1K – $254.7K (±1% cap)
NOI $15,284 @ 7.0% cap · market cap 3.51%
Theoretical Best
Office A
$360.2K
$315.2K – $420.3K (±1% cap)
NOI $25,217 @ 7.0% cap · market cap 5.80%
Zoning and permitted uses should be independently verified with local authorities.

Property Analytics

Property Profile Location Intelligence

Current Use by Public Records

Duplexes

Suggested Use

Building Supply Big Box & Wholesale Store (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Skin Care Clinic Acupuncture (Bike/Boat/Book/etc) Store (Bike/Boat/Book/etc) Store Carpet & Flooring Store Clothing & Fashion Store

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

FAQs

What type of property is this?
Duplex - Well-maintained Colonial duplex sold as two sides with separate gas and individual electric meters.
Where is this duplex located?
The property is located at 836 HAMILTON Boulevard Hagerstown, MD.
What is the asking price?
The asking price for this property is $434,900.
What are key features of this property?
This property features: Colonial duplex built in 1913 in Hagerstown; Both sides included: 836 and 838, sold together; Side 838: two 1‑bedroom units that share heat and a laundry area
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