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    247 E Howard St Hagerstown, MD 21740

    For Sale
    $299,500

    Fully occupied duplex near downtown Hagerstown, offering strong rental income.

    Lot size:
    0.12 Acres

    Property Features for 247 E Howard St

    General Information

    Lot size
    0.12 Acres

    Building Details

    Year built
    1900

    Source: Real Estate Today Agent Toby W Wantz

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Hagerstown Duplex: Income Opportunity

    This fully occupied duplex presents a turnkey investment opportunity, situated minutes from downtown Hagerstown's restaurants, shops, and amenities. The property is fully leased, providing rental income and potential for long-term appreciation. Unit 247 E Howard features 3 bedrooms and 1 bathroom across two levels, with electric baseboard heat. The tenant pays $795 per month and covers their own electric. Unit 249 E Howard offers 3 bedrooms and 2 bathrooms across two levels, equipped with an electric heat pump and central air. The tenant pays $995 per month and covers electric. This duplex provides cash flow and low-maintenance ownership. The property can be purchased individually or as part of a larger portfolio.
    Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

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

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

    Location Insight

    • Map
    • Local Demand
    City
    Hagerstown
    County
    Washington
    State
    Maryland
    Longitude
    -77.7238074
    Latitude
    39.6257145

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    FAQs

    What type of property is this?
    Duplex - Fully occupied duplex near downtown Hagerstown, offering strong rental income.
    Where is this duplex located?
    The property is located at 247 E Howard St Hagerstown, MD.
    What is the asking price?
    The asking price for this property is $299,500.
    What are key features of this property?
    This property features: - Turnkey, fully occupied duplex providing immediate rental income.; - Strong rental income with tenants paying $795 and $995 per month respectively.; - Located minutes from downtown Hagerstown's restaurants, shops, and amenities.
    (301) 791-9046
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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
    247 E Howard St Hagerstown, MD 21740
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