Colonial Apartment
New
For Sale
$800,000
400 N POTOMAC Street, Hagerstown, MD 21740
MULTI_FAMILY - Colonial - HAGERSTOWN, MD
Property Size8,524 SF
Lot Size0.26 Acres
Price / SF$93.85
Days on Market1
Property Features for 400 N POTOMAC Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Parking
2
Parking features
Garage - Attached, Driveway
High school
NORTH HAGERSTOWN
Elementary school district
WASHINGTON COUNTY PUBLIC SCHOOLS
Middle school district
WASHINGTON COUNTY PUBLIC SCHOOLS
High school district
WASHINGTON COUNTY PUBLIC SCHOOLS
Standard status
Active
Size
8,524 SF
Lot size
0.26 Acres
Taxes and HOA fees
Tax Annual Amount
14313
Utilities
Heating system
Hot Water(Heating)
Cooling system
Central Air
Building Details
Year built
1903
Number of units
4
Building materials
Concrete, Stone, Block
Architectural style
Colonial
Listing Agency:
RG Realty, Inc.
(240) 203-6393
Listed By:
Roberto G. Gonzalez · License #598229
(301) 991-0207
Added: Aug 11
Last Checked: Aug 11 at 7:06PM
MLS# MDWA2039250
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.
Investment Insights
Based on property information with market context.
This 8,524-square-foot Colonial property, built in 1903, combines seven one-bedroom, one-bathroom apartments with a ground-floor commercial space. The building is professionally managed and was 87.5% occupied, with 7 of 8 units and spaces leased. Existing improvements include a recently replaced roof and new replacement windows throughout.
Located at 400 N Potomac Street with additional property at 2 and 4 East North Avenue in Hagerstown, Maryland, the asset includes an attached garage and driveway parking. Construction materials include concrete, stone, and block. Hot-water heating and central air serve the building, while the available vacant unit can be shown to qualified buyers.
Located at 400 N Potomac Street with additional property at 2 and 4 East North Avenue in Hagerstown, Maryland, the asset includes an attached garage and driveway parking. Construction materials include concrete, stone, and block. Hot-water heating and central air serve the building, while the available vacant unit can be shown to qualified buyers.
Key Highlights
- 8,524‑square‑foot mixed‑use income property with 7 apartments and 1 ground‑floor commercial space
- Seven one‑bedroom, one‑bathroom apartments plus commercial space
- 87.5% occupied, with 7 of 8 units and spaces leased
Property Analytics
Property Profile
Current Use
Lease Details
7
Residential units
87.5%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,749
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 - Seven one-bedroom residences accompany a ground-floor commercial space under third-party management.
Where is this apartment building located?
The property is located at 400 N POTOMAC Street Hagerstown, MD.
What is the asking price?
The asking price for this property is $800,000.
What are key features of this property?
This property features: 8,524‑square‑foot mixed‑use income property with 7 apartments and 1 ground‑floor commercial space; Seven one‑bedroom, one‑bathroom apartments plus commercial space; 87.5% occupied, with 7 of 8 units and spaces leased
