Back to Search

Hagerstown 7-Unit Multifamily Investment

16-18 WAYSIDE Ave, Hagerstown, MD 21740

View on Map

For Sale

$794,000

Well-maintained 7-unit multifamily property near amenities and entertainment.

Type:Commercial

HighLights

Strong rental income potential from 7 units.
Prime location: very walkable (walkScore 83) to restaurants, shopping, and entertainment.
Well‑maintained property with hardwood floors.
Generously sized bedrooms in each unit.
Close proximity to Hagerstown Fairgrounds, City Park, and the New Meritus Baseball Stadium.
Bikeable location (bikeScore 61).

We can help!

Listing Contact

Joshua L Woods

Learn more

For Sale

$794,000

Well-maintained 7-unit multifamily property near amenities and entertainment.

Type:Commercial

Added:: Apr 24, 2026
Days on Market:: 50
Last Refresh:: Apr 24 at 4:21 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 24, 2026

Source Elliman

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

Strong rental income potential from 7 units.
Prime location: very walkable (walkScore 83) to restaurants, shopping, and entertainment.
Well‑maintained property with hardwood floors.
Generously sized bedrooms in each unit.
Close proximity to Hagerstown Fairgrounds, City Park, and the New Meritus Baseball Stadium.
Bikeable location (bikeScore 61).

Overview

This 7-unit multifamily property is located in Hagerstown, Maryland. Each unit features hardwood floors and generously sized bedrooms. The property is situated near restaurants, shopping, and entertainment. It is within walking distance of the Hagerstown Fairgrounds, minutes from City Park, and close to the New Meritus Baseball Stadium. The property has a bike score of 61, indicating it is bikeable, a walk score of 83, indicating it is very walkable, and a transit score of 28, indicating some transit options are available. This property is presented as an investment opportunity with strong rental potential.

Location Intelligence

Current Use by Public Records

Apartment buildings

Suggested Use

Location Insight

Map
Local Demand

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

Nearby Similar for Sale

$2,890,000

9,859 SF

Turnkey Multifamily Investment Opportunity

Fully occupied, renovated 17-unit multifamily property in Hagerstown, MD.

15149 BLOYERS Avenue, HAGERSTOWN, MD 21740

View Details
$2,490,000

34,720 SF

HAGERSTOWN Redevelopment Opportunity

Downtown commercial building with adaptive reuse potential in Hagerstown, MD.

72 W WASHINGTON Street, HAGERSTOWN, MD 21740

View Details
$250,000

7,800 SF

Downtown Hagerstown Commercial Opportunity

Versatile commercial space near downtown Hagerstown with flexible layout.

35 E WASHINGTON ST, HAGERSTOWN, MD 21740

View Details
$625,000

6,568 SF

HAGERSTOWN Multifamily Investment Opportunity

Fully rented five-unit property near City Park in HAGERSTOWN, MD.

601 HIGHLAND Way, HAGERSTOWN, MD 21740

View Details
$284,900

1,724 SF

Hagerstown Duplex with Rental Income

Fully rented duplex with income and upside potential.

904 - 906 CHESTNUT Street, HAGERSTOWN, MD 21740

View Details
$1,250,000

Radio Station on 6.75 Acres

Commercial property with radio station, licenses, and broadcasting equipment.

1135 HAVEN RD, HAGERSTOWN, MD 21742

View Details
$649,000

4,811 SF

HAGERSTOWN Multi-Unit Investment Opportunity

Five-unit apartment building overlooking the new Meritus Baseball Park.

165 SUMMIT Avenue, HAGERSTOWN, MD 21740

View Details
$574,900

4,666 SF

HAGERSTOWN Multifamily Investment Opportunity

Five-unit property near Hagerstown City Park, fully rented.

671 HIGHLAND Way, HAGERSTOWN, MD 21740

View Details
$384,900

2,904 SF

Hagerstown Triplex: Investment Opportunity

Fully occupied triplex across from Hagerstown City Park.

428 VIRGINIA Avenue, HAGERSTOWN, MD 21740

View Details
$279,000

1,998 SF

Three-Unit Residential Income Property

Fully occupied three-unit building with simple 1-bedroom layout and current rental licensing documentation.

106 RANDOLPH Avenue, HAGERSTOWN, MD 21740

View Details
$575,000

4,316 SF

Turnkey 5-Unit Investment Property

Fully rented 5-unit building with value-add potential in Hagerstown, MD.

16 S MULBERRY Street, HAGERSTOWN, MD 21740

View Details
$675,000

1,428 SF

Hagerstown Multi-Unit Investment Opportunity

Four residential units plus a garage on nearly one acre.

9947 CROSSFIELD Road, HAGERSTOWN, MD 21740

View Details

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

What type of property is this?

Apartment building - Well-maintained 7-unit multifamily property near amenities and entertainment.

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: Strong rental income potential from 7 units.; Prime location: very walkable (walkScore 83) to restaurants, shopping, and entertainment.; Well‑maintained property with hardwood floors.