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Multifamily Property with 1BR Layouts
For Sale
$650,000

100 East Ave, Hagerstown, MD 21740

Multifamily property currently configured as program housing with private baths, kitchen areas, living spaces, and support areas.

Property SizeContact for details
Days on Market25

Property Features for 100 East Ave

General Information

Standard status Active

Units

Unit Mix 9 x 1BR/1BA
Multifamily Units 9

Taxes and HOA fees

Annual Taxes $4,819

Amenities

laundry areas
office space
storage
Listing Agency: EXP Realty, LLC
Listed By: Michael J Schiff
Source: Exprealty
Added: Sep 11 Changed: Oct 1 Last Checked: Oct 5 at 7:05PM

Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of EXP Realty, LLC

Investment Insights

Based on property information with market context.

This 6,000-square-foot multifamily property was built in 1905 and spans five addresses in Hagerstown. The current configuration supports program housing and includes 9 potential one-bedroom, one-bathroom residential units. Individual spaces feature private bathrooms, kitchens or kitchen areas, living areas, natural light, and a combination of hardwood and tile flooring.

Additional improvements include multiple laundry areas, office space, storage, and infrastructure supporting the existing residential care operation. The property will be delivered vacant at settlement. Its existing layout may support traditional multifamily use, residential care, or program-based housing, subject to independent verification of zoning, licensing, permitted uses, and operational suitability.

Key Highlights

  • 6,000‑square‑foot multifamily property built in 1905
  • 9 potential 1BR/1BA residential units across five addresses
  • Currently configured and operated as program housing

Property Analytics

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Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Clothing & Fashion Store Pet Grooming Service Pet Store Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

9
Residential units

Location Intelligence

Trade Area within ½ mile

1,931
Businesses Nearby

Demographics for 21740, MD

65,619
Population
27,002
Households
2.4
Avg Household Size
39
Median Age
20%
College-Educated
86%
High-School Grad
70.9 sq mi
ZIP Area
926
Density / Sq Mi
$59,410
Median Household Income
$42,159
Median Earnings
$1,031
Median Rent
$241,600
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Apartment building - Multifamily property currently configured as program housing with private baths, kitchen areas, living spaces, and support areas.
Where is this apartment building located?
The property is located at 100 East Ave Hagerstown, MD.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: 6,000‑square‑foot multifamily property built in 1905; 9 potential 1BR/1BA residential units across five addresses; Currently configured and operated as program housing
More about this property
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