Search
Brick Four-Unit Apartment Building
For Sale
Contact for pricing
Pending

629 W Franklin Street, Hagerstown, MD 21740

All 4 units are leased in a brick multifamily building with two-bedroom and one-bedroom apartments.

Days on Market113

Property Features for 629 W Franklin Street

General Information

Standard status Pending
Property subtype Office
Occupancy 100%

Additional Details

Multifamily Units 4

Building Details

Construction all brick
Tenancy Multi
Listing Agency: RG Realty Inc
Listed By: Roberto Gonzalez · License #MD 598229
Source: Crexi
Added: Apr 11 Changed: Jul 23 Last Checked: Aug 1 at 4:43PM

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.

This for-sale investor portfolio includes the property at 629 & 631 W. Franklin Street, comprising a total of 4 residential units in a brick building. The unit mix is two (2) two-bedroom, one-bath apartments and two (2) one-bedroom, one-bath apartments. All units are currently leased, with three units noted as having long-term tenants. The owner pays heat, and current total rental income is listed as $2,850 per month.

This property is offered as part of a six-property package, with additional properties identified in the remarks. The building is described as being in great condition and constructed of all brick.

Showings require scheduling with a minimum 24-hour advance notice and are limited to serious, pre-qualified buyers.

Key Highlights

  • 4‑unit brick multifamily building at 629 & 631 W. Franklin Street
  • Unit mix: 2 two‑bedroom/one‑bath units and 2 one‑bedroom/one‑bath units
  • All units currently leased, including 3 with long‑term tenants

Property Analytics

Current Use

Quadplexes

Suggested Use

Top Pick Dental Office (Bike/Boat/Book/etc) Store Florist Skin Care Clinic Storage Facility 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

4
Residential units
100%
Occupancy
Multi-tenant
Tenancy

Location Intelligence

Trade Area within ½ mile

1,983
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
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Quadplex - All 4 units are leased in a brick multifamily building with two-bedroom and one-bedroom apartments.
Where is this quadplex located?
The property is located at 629 W Franklin Street Hagerstown, MD.
What are key features of this property?
This property features: 4‑unit brick multifamily building at 629 & 631 W. Franklin Street; Unit mix: 2 two‑bedroom/one‑bath units and 2 one‑bedroom/one‑bath units; All units currently leased, including 3 with long‑term tenants
(240) 203-6393 Call to check price and availability
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message