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Brick 6-Unit Apartment Building
New
For Sale
$525,000

115-115 King Street, Hagerstown, MD 21740

Fully occupied residential property with a mix of one- and two-bedroom units.

Property SizeContact for details
Lot Size0.13 Acres
Days on Market5

Property Features for 115-115 King Street

General Information

Standard status Active
Total Parking Spaces 2
Lot size 0.13 Acres
Property subtype Commercial
Occupancy 100%

Units

Unit Mix 4 x 1BR, 2 x 2BR
Multifamily Units 6

Building Details

Year Built 1894
Buildings 1
Construction brick
Listing Agency: Hagerstown Management Corporation
Listed By: Craig Harshman · License #10751
Source: Deepcreeksales
Added: Sep 11 Last Checked: Sep 15 at 5:08AM

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 Hagerstown Management Corporation

Investment Insights

Based on property information with market context.

This brick apartment property contains 6 units arranged as 4 one-bedroom apartments and 2 two-bedroom apartments. Built in 1894, the building includes hardwood, carpet, and vinyl flooring across the units. The property is fully occupied and includes owner-paid gas, heat, and water expenses.

Set on a 0.13-acre lot at 115-115 King Street in Hagerstown, Maryland, the property has a city view and a detached garage with capacity for two vehicles. Its historic construction, varied unit mix, and on-site parking component create a clearly defined multifamily configuration.

Key Highlights

  • 6‑unit brick apartment building constructed in 1894
  • Unit mix includes 4 1‑bedroom units and 2 2‑bedroom units
  • Fully occupied property

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Pet Grooming Service Florist Dental Office Clothing & Fashion Store

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

6
Residential units
100%
Occupancy

Location Intelligence

Trade Area within ½ mile

1,912
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

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 - Fully occupied residential property with a mix of one- and two-bedroom units.
Where is this apartment building located?
The property is located at 115-115 King Street Hagerstown, MD.
What is the asking price?
The asking price for this property is $525,000.
What are key features of this property?
This property features: 6‑unit brick apartment building constructed in 1894; Unit mix includes 4 1‑bedroom units and 2 2‑bedroom units; Fully occupied property
More about this property
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