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Five-Unit Apartment Building
For Sale
Contact for pricing
Pending

10 W Baltimore Street, Funkstown, MD 21734

Five-unit multifamily property with a mix of two-bedroom, one-bedroom, and efficiency apartments.

Days on Market114

Property Features for 10 W Baltimore Street

General Information

Standard status Pending
Property subtype Multifamily, Mixed Use

Additional Details

Multifamily Units 5
Listing Agency: RG Realty Inc
Listed By: Cristhian Huamani · License #MD
Source: Crexi
Added: Apr 11 Changed: Jul 20 Last Checked: Jul 31 at 2:09PM

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 RG Realty Inc

Investment Insights

Based on property information with market context.

This property is a five-unit apartment building offering a diversified mix of apartments, including 2 one-bedroom/one-bath units, 2 efficiency units, and 1 two-bedroom/one-bath unit. The seller states that tenants pay all utilities except water and trash/sewer, and that lead certificates are up to date.

The building is located in Funkstown, MD, and is described as being within a few minutes of The Hagerstown Outlets, Meritus Medical Center, and Hagerstown’s business and entertainment district. It is also noted as potentially being sold as part of a packaged portfolio with the identified listings.

The current unit mix and utility payment arrangement are key operational features for investors evaluating residential income properties in the area.

Key Highlights

  • 5‑unit apartment building with a mix of 2BD/1BA, 1BD/1BA, and efficiency apartments
  • Unit mix includes two‑bedroom/one‑bath units, two efficiency units, and one two‑bedroom/one‑bath unit
  • Tenants pay all utilities except water, trash, and sewer

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Law Firm Parking Lot & Garage HVAC Service Furniture & Home Goods (Bike/Boat/Book/etc) Store Garden Center

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

5
Residential units

Location Intelligence

Trade Area within ½ mile

132
Businesses Nearby

Demographics for 21734, MD

845
Population
487
Households
1.7
Avg Household Size
52
Median Age
32%
College-Educated
91%
High-School Grad
0.5 sq mi
ZIP Area
1,690
Density / Sq Mi
$58,438
Median Household Income
$32,109
Median Earnings
$802
Median Rent
$241,900
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 - Five-unit multifamily property with a mix of two-bedroom, one-bedroom, and efficiency apartments.
Where is this apartment building located?
The property is located at 10 W Baltimore Street Funkstown, MD.
What are key features of this property?
This property features: 5‑unit apartment building with a mix of 2BD/1BA, 1BD/1BA, and efficiency apartments; Unit mix includes two‑bedroom/one‑bath units, two efficiency units, and one two‑bedroom/one‑bath unit; Tenants pay all utilities except water, trash, and sewer
More about this property
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