Five-Unit Apartment
For Sale
$625,000
601 HIGHLAND Way, Hagerstown, MD 21740
Multi-Family, HAGERSTOWN, MD
Property Size6,568 SF
Lot Size0.45 Acres
Price / SF$95.16
Days on Market100
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Property Features for 601 HIGHLAND Way
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement
Parking
4
Parking features
Driveway
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
6,568 SF
Lot size
0.45 Acres
Taxes and HOA fees
Tax Annual Amount
5025
Utilities
Heating system
Hot Water(Heating)
Cooling system
Central Air
Amenities
Covered front porch
Building Details
Year built
1870
Number of units
4
Building materials
Brick
Architectural style
Colonial
Listing Agency:
Real Estate Innovations · Coldwell Banker Real Estate
(301) 745-1500
Listed By:
Alice J Guy · License #80505
(717) 977-9031
Added: Jul 8
Changed: Sep 5
Last Checked: Oct 15 at 3:06PM
MLS# MDWA2038434
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 five-unit apartment property contains 6,568 square feet on a 0.4534-acre parcel. Built in 1870 in the Colonial style, the brick building includes a covered front porch, basement space, central air conditioning, and hot-water heating. Driveway parking provides off-street parking for the property.
The building is fully rented and located one block from City Park, which includes walking trails, multiple ponds, and playgrounds. Situated in Hagerstown, Maryland, the property combines an established brick structure with residential income use and nearby outdoor amenities.
The building is fully rented and located one block from City Park, which includes walking trails, multiple ponds, and playgrounds. Situated in Hagerstown, Maryland, the property combines an established brick structure with residential income use and nearby outdoor amenities.
Key Highlights
- Five (5) unit apartment property that is fully rented
- 6,568 square feet on 0.4534 acres
- Brick Colonial building constructed in 1870
Property Analytics
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Current Use
Lease Details
5
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
474
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
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Apartment building - Colonial brick property with central air, hot-water heating, and driveway parking.
Where is this apartment building located?
The property is located at 601 HIGHLAND Way Hagerstown, MD.
What is the asking price?
The asking price for this property is $625,000.
What are key features of this property?
This property features: Five (5) unit apartment property that is fully rented; 6,568 square feet on 0.4534 acres; Brick Colonial building constructed in 1870
