Turnkey Multifamily Investment
15149 Bloyers Ave, Hagerstown, MD 21740
Fully occupied, renovated 17-unit multifamily property ideal for 1031 exchange.
Type:Commercial
Lot size:
2.72 Acres- Added:
- Mar 26, 2026
- Days on Market:
- 51
- Last Refresh:
- Mar 26 at 8:09 pm
Property Features for 15149 Bloyers Ave
General Information
- Standard status
- Active
- Lot size
- 2.72 Acres
- Property subtype
- Commercial
Building Details
- Year Built
- 1973
Listing agent KRYSTAL STEWART License #679847
Listing office RG REALTY, INC. (240) 203-6393
Listing date Mar 26, 2026
Source Corcoran
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.
HighLights
- Fully Occupied, Stabilized Income: Provides dependable rental income.
- Extensive Renovations Completed: Including new metal roofs (30‑year warranty), modernized interiors, updated kitchens, new septic system, improved landscaping, and paved parking.
- Ideal for 1031 Exchange: Suitable as a replacement asset.
- Professionally Managed: Ensures a smooth ownership transition.
- Diverse Unit Mix: Consists of (8) Two‑Bedroom Units, (8) One‑Bedroom Units, and (1) Four‑Bedroom Single‑Family Home.
- No City Taxes: Located in the county.
Overview
This is a fully stabilized 17-unit multifamily asset comprising four buildings. The property is 100% occupied and generates consistent rental income, presenting a suitable option for investors seeking a stable, income-producing property or a potential replacement asset for a 1031 exchange. The unit mix includes eight two-bedroom units, eight one-bedroom units, and one four-bedroom single-family home. Extensive upgrades have been completed throughout the property, including new metal roofs on all buildings with a 30-year warranty, modernized interiors with LED recessed lighting, waterproof laminate flooring, updated trim, and redesigned kitchens. The updated kitchens feature premium cabinetry, countertops, and select stainless-steel appliances. A new septic system has been installed, and the property features improved landscaping and a paved parking lot. The property is lead-free certified and professionally managed for a smooth ownership transition. Significant capital improvements have already been completed. Located in a county setting with no city taxes and convenient access to regional amenities and commuter routes, the property supports strong tenant demand and long-term occupancy.
Property Profile
Insight Report
Location Intelligence
Current Use by Public Records
1031 exchange properties
Location Insight
- Map
- Local Demand
- City
- Hagerstown
- County
- Washington
- State
- Maryland
- Longitude
- -77.8426989
- Latitude
- 39.6561594
Nearby Similar for Sale
FAQs
What type of property is this?
Apartment building - Fully occupied, renovated 17-unit multifamily property ideal for 1031 exchange.
Where is this apartment building located?
The property is located at 15149 Bloyers Ave Hagerstown, MD.
What is the asking price?
The asking price for this property is $2,890,000.
What are key features of this property?
This property features: Fully Occupied, Stabilized Income: Provides dependable rental income.; Extensive Renovations Completed: Including new metal roofs (30‑year warranty), modernized interiors, updated kitchens, new septic system, improved landscaping, and paved parking.; Ideal for 1031 Exchange: Suitable as a replacement asset.
