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Hagerstown Multi-Family Investment Opportunity
For Sale
$250,000

422-422 1/2 MCDOWELL Avenue, Hagerstown, MD 21740

MULTI_FAMILY - Other - HAGERSTOWN, MD

Property Size2,688 SF
Lot Size0.12 Acres
Price / SF$93.01
Days on Market135

Property Features for 422-422 1/2 MCDOWELL Avenue

General Information

Property type Residential Multi Family
Property subtype Other
Rooms Basement
Parking features Alley
Appliances Refrigerator, Oven/Range - Electric
Subdivision WASHINGTON COUNTY
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 2,688 SF
Lot size 0.12 Acres

Taxes and HOA fees

Tax Annual Amount 3354

Utilities

Heating system Baseboard, Electric (Heating)

Building Details

Year built 1900
Number of units 2
Building materials Frame
Architectural style Other
Listing Agency: Marsh Realty
Listed By: Craig P Marsh · License #634396
Added: Mar 20 Changed: Jul 13 Last Checked: Aug 1 at 12:06PM
MLS# MDWA2035016

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.

Located at 422 and 422 1/2 McDowell Avenue in Hagerstown, MD, this multi-family property presents an investment opportunity. The property includes two units, each featuring 3 bedrooms and 1 bathroom. With a total property size of 2688 square feet and situated on a 0.12-acre lot, this property requires renovations, offering investors and homeowners the chance to customize the space.

Key Highlights

  • Multi‑family property featuring two units.
  • Each unit offers 3 bedrooms and 1 bathroom.
  • Investment opportunity with potential for customization.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick HVAC Service (Bike/Boat/Book/etc) Store Pharmacy Veterinary Clinic Skin Care Clinic Florist

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

2
Residential units
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

861
Businesses Nearby

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

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
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Frequently Asked Questions

What type of property is this?
Duplex - Multi-family property in Hagerstown, MD with renovation potential.
Where is this duplex located?
The property is located at 422-422 1/2 MCDOWELL Avenue Hagerstown, MD.
What is the asking price?
The asking price for this property is $250,000.
What are key features of this property?
This property features: Multi‑family property featuring two units.; Each unit offers 3 bedrooms and 1 bathroom.; Investment opportunity with potential for customization.
More about this property
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