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Four-Unit Apartment Property
For Sale
$389,900

603-601 N Mulberry St, Hagerstown, MD 21740

Four separately metered one-bedroom apartments across two deeded parcels, with additional attic space for possible residential expansion.

Property Size5,580 SF
Price / SF$69.87
Days on Market231

Property Features for 603-601 N Mulberry St

General Information

Standard status Active
Size 5,580 SF
Property subtype Residential Income

Property Condition

Severity Repairs Needed
Evidence some amount of renovation

Units

Unit Mix 4 x 1BR
Multifamily Units 4

Taxes and HOA fees

Annual Taxes $5,941
Listing Agency: The Glocker Group Realty Results
Listed By: Christian L Dickerson · License #602651
Source: Exprealty
Added: Jan 12 Changed: Aug 30 Last Checked: Aug 30 at 9:56PM

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 The Glocker Group Realty Results

Investment Insights

Based on property information with market context.

This four-unit residential property at 603-601 N Mulberry St includes four individually metered one-bedroom apartments. Each apartment has two separate entrances, providing eight unit entrances in total. The building contains 5,580 square feet and is deeded as two separate parcels identified as 601 and 603.

Two attic areas, one on each side, have separate entrances and are identified as potential locations for additional efficiency or studio units. The owner reports that a city inspector indicated the spaces could be converted into additional residential area, subject to applicable approvals and renovation requirements. The property requires renovation, with the 603 side needing work beyond cosmetic improvements. The parcels may be sold separately, although the owner prefers a combined transaction.

Key Highlights

  • Four individually metered 1‑bedroom apartments
  • 5,580‑square‑foot residential property with 8 total unit entrances
  • Two attic areas with separate entrances and potential for added efficiency or studio units

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Locksmith Pet Store Tanning Salon Pet Store & Service Clothing & Fashion Store

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1,406
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
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Frequently Asked Questions

What type of property is this?
Quadplex - Four separately metered one-bedroom apartments across two deeded parcels, with additional attic space for possible residential expansion.
Where is this quadplex located?
The property is located at 603-601 N Mulberry St Hagerstown, MD.
What is the asking price?
The asking price for this property is $389,900.
What are key features of this property?
This property features: Four individually metered 1‑bedroom apartments; 5,580‑square‑foot residential property with 8 total unit entrances; Two attic areas with separate entrances and potential for added efficiency or studio units
More about this property
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