630 SALEM Avenue, Hagerstown, MD 21740
MULTI_FAMILY - Colonial - HAGERSTOWN, MD
- Added:
- Jun 18, 2026
- Days on Market:
- 1
- Last Refresh:
- Jun 18 at 8:06 am
Property Features for 630 SALEM Avenue
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Parking
- 4
- Parking features
- On Street, Driveway
- Appliances
- Microwave, Refrigerator, Stove
- Standard status
- Active
- Size
- 1,498 SF
- Lot size
- 0.06 Acres
Taxes and HOA fees
- Tax Annual Amount
- 2067
Utilities
- Heating system
- Forced Air
- Cooling system
- Window Unit(s)
Building Details
- Year built
- 1904
- Number of units
- 1
- Building materials
- Brick
- Architectural style
- Colonial
Listing agent Andrew J Hopley License #645497 (301) 275-2352
Listing office Keller Williams Realty Centre 5280 Corporate Drive, COLUMBIA, MD (240) 309-6000
Listing date Jun 18, 2026
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.
HighLights
- Well‑maintained 1904 colonial‑style duplex with brick construction
- Each unit features 1 bedroom and 1 full bath
- Exterior upgrades completed in 2025: flat roof, shingle roof, and all gutters replaced
- Heating and cooling include forced air heat and window unit(s)
- Kitchen appliances included: microwave, refrigerator, and stove
- Parking includes a driveway for up to four vehicles plus on‑street parking
Overview
Located at 630 Salem Avenue in Hagerstown, Maryland, the home includes a driveway that provides parking for up to four vehicles. The listing also notes convenient proximity to shopping, restaurants, and Hagerstown’s entertainment district, with easy access to Route 81 and Route 70.
For investors or owner-occupants looking for a low-maintenance structure, the straightforward two-unit layout can support long-term rental use. With exterior upgrades already addressed and on-site parking for multiple vehicles, the property is positioned for buyers seeking a turnkey income asset.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $24.3k | $16.20 |
| − Vacancy | −$1.8k | −$1.22 |
| EGI | $22.4k | $14.99 |
| − OpEx | −$6.7k | −$4.50 |
| NOI | $15.7k | $10.49 |
Alternative Uses
Current Use by Public Records
Location Insight
- Map
- Local Demand
- City
- Hagerstown
- County
- Washington
- State
- Maryland
- Longitude
- -77.72804
- Latitude
- 39.65136
