Hagerstown 7-Unit Multifamily
For Sale
$789,000
16-18 WAYSIDE Ave, Hagerstown, MD 21740
Well-maintained 7-unit multifamily property near amenities and entertainment.
Days on Market99
Property Features for 16-18 WAYSIDE Ave
General Information
Standard status
Active
Property subtype
Commercial
Building Details
Year Built
1957
Listing Agency:
Berkshire Hathaway HomeServices Homesale Realty
(240) 469-8172
Listed By:
Joshua L Woods · License #625976
(240) 469-8172
Source:
Elliman
Added: Apr 24
Changed: Jul 10
Last Checked: Jul 30 at 12:54PM
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
Investment Insights
Based on property information with market context.
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.
Key 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.
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
1,241
Businesses Nearby
Explore this area
Business Placement
Demographics for 21740, MD
65,619
Population
27,002
Households
2.4
Avg Household Size
39
Median Age
20%
College-Educated
86%
High-School Grad
70.9 sq mi
ZIP Area
926
Density / Sq Mi
$59,410
Median Household Income
$42,159
Median Earnings
$1,031
Median Rent
$241,600
Median Home Value
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
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 $789,000.
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.