For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    Back to Search
    Hagerstown Colonial Multi-Family Property Title is generated by Realmo AI

    36 HIGH Street, Hagerstown, MD 21740

    View on Map
    Claim this Listing
    For Sale
    $149,900

    MULTI_FAMILY - Colonial - HAGERSTOWN, MD

    Property size:
    1,104 SF
    Lot size:
    0.03 Acres
    Price / SF:
    $135/SF
    Added:
    Mar 19, 2026
    Days on Market:
    110
    Last Refresh:
    Jul 6 at 4:06 am

    Property Features for 36 HIGH Street

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking features
    On Street
    Interior features
    Bathroom - Tub Shower, Primary Bath(s)
    Standard status
    Active
    Size
    1,104 SF
    Lot size
    0.03 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1489

    Utilities

    Heating system
    Forced Air, Central
    Cooling system
    Central Air

    Building Details

    Year built
    1894
    Number of units
    1
    Building materials
    Brick
    Architectural style
    Colonial

    We can help!

    Contact an agent
    Caleb Gee

    Listing agent Caleb Gee License #RSR004926

    Listing office The Glocker Group Realty Results 17339 VIRGINIA Avenue, HAGERSTOWN, MD

    Listing date Mar 19, 2026

    MLS# MDWA2035062 Listing URL

    Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    HighLights

    • Colonial‑style home built in 1894 with brick construction
    • Monthly rent of $775; tenant pays all utilities; lease is month‑to‑month
    • 2 full bathrooms, including primary bath(s) with tub/shower
    • Central heating and central air conditioning
    • Sealed metal roof; furnace replaced about 2 years ago; all replacement windows installed
    • On‑street parking

    Overview

    Located in Hagerstown, Maryland, this property at 36 High Street presents an opportunity as either a home or an investment property. The property has a monthly rent of $775. The tenant is responsible for all utilities, and the lease operates on a month-to-month basis. The property features a sealed metal roof and replacement windows. A furnace was replaced 2 years ago. The property includes 2 full bathrooms. The lot size is 0.032 acres, and the property size is 1104 square feet.

    Local Financial Insights For Apartment 5plus

    Simulate Cap Rate and NOI

    NOI Build-Up
    Vacancy
    income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
    EGI (Effective Gross Income)
    gross rent minus vacancy losses — the realistic income before paying operating costs.
    OpEx (Operating Expenses)
    recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
    NOI (Net Operating Income)
    income a property generates after operating costs but before financing and taxes.

    Component $ $/SF
    Gross rent $20.3k $18.36
    − Vacancy −$1.4k −$1.25
    EGI $18.9k $17.11
    − OpEx −$8.5k −$7.70
    NOI $10.4k $9.41
    1,104 SF · lease $18.36/SF/yr · vacancy 6.80% · expense 45.00%

    Alternative Uses

    Best Use
    Apartment 5plus
    $148.4K
    $129.9K – $173.2K (±1% cap)
    NOI $10,390 @ 7.0% cap · market cap 6.93%
    Second Best
    —
    —
    no second resolved use
    Theoretical Best
    Office A
    $244.9K
    $214.3K – $285.7K (±1% cap)
    NOI $17,142 @ 7.0% cap · market cap 11.44%
    Zoning and permitted uses should be independently verified with local authorities.
    Property Profile Location Intelligence

    Current Use by Public Records

    Single family properties

    Suggested Use

    Clothing & Fashion Store Nursing Home (Bike/Boat/Book/etc) Store Bed & Breakfast Florist Locksmith Nursing Home Adult Day Care (Bike/Boat/Book/etc) Store Shopping Center & Mall

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hagerstown
    County
    Washington
    State
    Maryland
    Longitude
    -77.72761
    Latitude
    39.6468

    FAQs

    What type of property is this?
    Single family property - Affordable Hagerstown multi-family property with rental income potential.
    Where is this single family property located?
    The property is located at 36 HIGH Street Hagerstown, MD.
    What is the asking price?
    The asking price for this property is $149,900.
    What are key features of this property?
    This property features: Colonial‑style home built in 1894 with brick construction; Monthly rent of $775; tenant pays all utilities; lease is month‑to‑month; 2 full bathrooms, including primary bath(s) with tub/shower
    More about this property
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message