Six-Unit Multifamily
For Sale
$650,000
401 S Potomac St, Hagerstown, MD 21740
Six-unit apartment building with 3-bedroom units, coin-operated laundry, and off-street parking for about eight vehicles.
Property Size7,778 SF
Price / SF$83.57
Days on Market91
Property Features for 401 S Potomac St
General Information
Standard status
Active
Size
7,778 SF
Building Details
Year Built
1900
Listing Agency:
Samson Properties
Listed By:
Kari L Shank · License #0029369
(240) 291-2059
Source:
Tbhteam
Added: Jun 16
Changed: Sep 8
Last Checked: Sep 14 at 1:22PM
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 Samson Properties
Investment Insights
Based on property information with market context.
This well-maintained six-unit multifamily property offers spacious floorplans with three bedrooms and one full bathroom in each unit. Units include a central living room, eat-in kitchen, and a covered rear porch, with second- and third-floor tenants also having access to private front porches. Recent exterior improvements include fresh paint and a new front entry door. A shared coin-operated laundry facility provides additional building income, and the rear parking area offers off-street parking for approximately eight vehicles.
All units are separately metered for electricity, and tenants are responsible for their own electric usage, including heating, hot water, appliances, and lighting. Water and sewer expenses are largely passed through to tenants based on occupancy. Five of the six units are currently rented on month-to-month agreements.
The property is located in a convenient Hagerstown setting with easy access to public transportation, downtown amenities, schools, Meritus Park, shopping, dining, and major commuter routes.
All units are separately metered for electricity, and tenants are responsible for their own electric usage, including heating, hot water, appliances, and lighting. Water and sewer expenses are largely passed through to tenants based on occupancy. Five of the six units are currently rented on month-to-month agreements.
The property is located in a convenient Hagerstown setting with easy access to public transportation, downtown amenities, schools, Meritus Park, shopping, dining, and major commuter routes.
Key Highlights
- Six‑unit multifamily building with 3‑bedroom units and 1 full bath each
- Coin‑operated shared laundry facility on site
- Off‑street rear parking area for approximately eight vehicles
Property Analytics
Unlock full access to Insights
Subscribe to Realmo Intelligence
Open Analytics
Current Use
Location Intelligence
Trade Area within ½ mile
1,558
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
Check the figures for this property
Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.
Frequently Asked Questions
What type of property is this?
Apartment building - Six-unit apartment building with 3-bedroom units, coin-operated laundry, and off-street parking for about eight vehicles.
Where is this apartment building located?
The property is located at 401 S Potomac St Hagerstown, MD.
What is the asking price?
The asking price for this property is $650,000.
What are key features of this property?
This property features: Six‑unit multifamily building with 3‑bedroom units and 1 full bath each; Coin‑operated shared laundry facility on site; Off‑street rear parking area for approximately eight vehicles
