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Six-Unit Historic Multifamily Building
For Sale
$1,175,000
Pending

629 Oak Hill Ave, Hagerstown, MD 21740

Restored six-unit building with individual HVAC, off-street parking, and oversized two-bedroom layouts with porches and storage.

Property SizeContact for details
Days on Market53

Property Features for 629 Oak Hill Ave

General Information

Standard status Pending
Property subtype Commercial

Additional Details

Multifamily Units 6

Taxes and HOA fees

Annual Taxes $5,315

Building Details

Year Built 1918
Listing Agency: RG REALTY, INC.
Listed By: ROBERTO G. GONZALEZ · License #598229
Source: Corcoran
Added: Jun 21 Changed: Aug 8 Last Checked: Jul 23 at 9:54AM

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 RG REALTY, INC.

Investment Insights

Based on property information with market context.

629 Oak Hill Avenue is a recently restored six-unit multifamily property featuring six unusually large two-bedroom, one-bath apartments. Each unit is described as offering approximately eight rooms, including a kitchen, dining room, living room, den, sunroom, private porch, and storage. The building retains historic character with original woodwork, French doors, abundant windows, covered porches, and a fireplace feature in each apartment. Each unit also has its own HVAC system.

The property includes off-street parking, basement storage, and a coin-operated laundry room. Public remarks also note detached four-car garage space that can generate additional income. On-site amenities are designed to support day-to-day tenant needs while preserving the character of the historic asset.

For investors or owner-operators, the unit mix and layout are well-suited to tenants seeking space, while the presence of individual HVAC systems can support independent comfort control by unit. The combination of resident-facing features like private porches, built-in storage, and laundry service, along with off-street parking and garage space, creates a practical operating profile for a small multifamily asset. The building’s historic interior elements may also appeal to renters who value character and original details.

Key Highlights

  • Restored 1918 six‑unit multifamily building with six large 2‑bedroom/1‑bath apartments
  • Each unit is unusually large (about 8 rooms) and includes kitchen, dining room, living room, den, sunroom, private porch, and storage
  • Historic features include original woodwork, French doors, abundant windows, covered porches, and a fireplace feature in each apartment

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Skin Care Clinic (Bike/Boat/Book/etc) Store HVAC Service Big Box & Wholesale Store Clothing & Fashion Store Acupuncture

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

6
Residential units

Location Intelligence

Trade Area within ½ mile

1,512
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
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Frequently Asked Questions

What type of property is this?
Apartment building - Restored six-unit building with individual HVAC, off-street parking, and oversized two-bedroom layouts with porches and storage.
Where is this apartment building located?
The property is located at 629 Oak Hill Ave Hagerstown, MD.
What is the asking price?
The asking price for this property is $1,175,000.
What are key features of this property?
This property features: Restored 1918 six‑unit multifamily building with six large 2‑bedroom/1‑bath apartments; Each unit is unusually large (about 8 rooms) and includes kitchen, dining room, living room, den, sunroom, private porch, and storage; Historic features include original woodwork, French doors, abundant windows, covered porches, and a fireplace feature in each apartment
More about this property
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