Five-Unit Residential Income
For Sale
$625,000
601 HIGHLAND Way, Hagerstown, MD 21740
MULTI_FAMILY - Colonial - HAGERSTOWN, MD
Property Size6,568 SF
Lot Size0.45 Acres
Price / SF$95.16
Days on Market52
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
off street parking
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: Aug 14
Last Checked: Aug 28 at 6:06PM
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 residential income property is fully rented and designed for straightforward, long-term occupancy. The building includes a covered front porch and off-street parking to support tenant access and day-to-day convenience.
The property is located at 601 Highland Way in Hagerstown, Maryland, about one block from City Park. The park setting includes walking trails, multiple ponds, and playgrounds.
For buyers evaluating a stable, in-place rental situation, the current fully rented status and the building’s practical exterior features make it a compelling option. Contact the listing broker for details and to schedule a tour.
The property is located at 601 Highland Way in Hagerstown, Maryland, about one block from City Park. The park setting includes walking trails, multiple ponds, and playgrounds.
For buyers evaluating a stable, in-place rental situation, the current fully rented status and the building’s practical exterior features make it a compelling option. Contact the listing broker for details and to schedule a tour.
Key Highlights
- Brick construction and Colonial architectural style
- Fully rented 5‑unit property
- Year built: 1870
Property Analytics
Property Profile
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
Market
Vacancy Rate% for Multifamily in South region
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Quadplex - Fully rented five-unit property with a covered front porch and off-street parking.
Where is this quadplex 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: Brick construction and Colonial architectural style; Fully rented 5‑unit property; Year built: 1870
