Hagerstown Multi-Family Investment Opportunity

16-18 Wayside Ave, Hagerstown, MD 21740

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For Sale

$794,000

Seven-unit multi-family property in Hagerstown, near amenities and attractions.

Type:Commercial

HighLights

7‑unit multi‑family property: provides substantial income potential for investors.
Prime location: situated in the heart of Hagerstown, near restaurants, shopping, and entertainment.
Strong rental potential: attractive investment opportunity due to high demand in the area.
Well‑maintained: ensures lower maintenance costs and immediate tenant appeal.
Generously sized bedrooms: offers comfortable living spaces for tenants.
Walking distance to amenities: close proximity to Hagerstown Fairgrounds, City Park, and the New Meritus Baseball Stadium.

We can help!

Listing Contact

JOSHUA L WOODS

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For Sale

$794,000

Seven-unit multi-family property in Hagerstown, near amenities and attractions.

Type:Commercial

Added:: Apr 14, 2026
Days on Market:: 60
Last Refresh:: Apr 15 at 8:21 pm

Property Features for 16-18 Wayside Ave

General Information

Standard status: Active
Property subtype: Commercial

Building Details

Year Built: 1957

We can help!

Listing Contact

JOSHUA L WOODS

Listing agent JOSHUA L WOODS License #625976

Listing office BERKSHIRE HATHAWAY HOMESERVICES HOMESALE REALTY

Listing date Apr 14, 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 BERKSHIRE HATHAWAY HOMESERVICES HOMESALE REALTY

HighLights

7‑unit multi‑family property: provides substantial income potential for investors.
Prime location: situated in the heart of Hagerstown, near restaurants, shopping, and entertainment.
Strong rental potential: attractive investment opportunity due to high demand in the area.
Well‑maintained: ensures lower maintenance costs and immediate tenant appeal.
Generously sized bedrooms: offers comfortable living spaces for tenants.
Walking distance to amenities: close proximity to Hagerstown Fairgrounds, City Park, and the New Meritus Baseball Stadium.

Overview

This seven-unit multi-family property presents an investment opportunity in Hagerstown, Maryland. The well-maintained building features hardwood floors and generously sized bedrooms in each unit. Its location offers proximity to restaurants, shopping, and entertainment options. The property is within walking distance of the Hagerstown Fairgrounds, minutes from City Park, and close to the new Meritus Baseball Stadium, combining lifestyle convenience with income potential.

Location Intelligence

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Apartment buildings

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Local Demand

City: Hagerstown
County: Washington
State: Maryland
Longitude: -77.7136131
Latitude: 39.6494858

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For sale
Apartment buildings
MD
Hagerstown
21740
16-18 Wayside Ave

What type of property is this?

Apartment building - Seven-unit multi-family property in Hagerstown, near amenities and attractions.

Where is this apartment building located?

The property is located at 16-18 Wayside Ave Hagerstown, MD.

What is the asking price?

The asking price for this property is $794,000.

What are key features of this property?

This property features: 7‑unit multi‑family property: provides substantial income potential for investors.; Prime location: situated in the heart of Hagerstown, near restaurants, shopping, and entertainment.; Strong rental potential: attractive investment opportunity due to high demand in the area.