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    505 W Church St Hagerstown, MD 21740

    Sponsored
    For Sale
    $625,000

    MULTI_FAMILY - Colonial - HAGERSTOWN, MD

    Property size:
    3,556 SF
    Lot size:
    0.05 Acres
    Days on Market:
    1
    Last Refresh:
    Jan 6 at 6:06 pm

    Property Features for 505 W Church St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Standard status
    Active
    Parking features
    On Street
    Size
    3,556 SF
    Lot size
    0.05 Acres

    Utilities

    Heating system
    Hot Water(Heating)
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1905
    Number of units
    4
    Building materials
    Brick
    Architectural style
    Colonial

    RG Realty, Inc. (240) 329-9454 [email protected]

    Listing agent Roberto G. Gonzalez (240) 203-6393 License #598229

    Listing date Jan 6, 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.

    Overview

    HAGERSTOWN Multifamily Investment Opportunity

    This is a fully occupied, all-brick, six-unit property located minutes from downtown Hagerstown. The property currently generates over $6,650 in monthly rental income, with the potential to increase to full market rates. Each unit offers approximately 700 square feet of living space and features separate electric meters for tenant-paid utilities. Updated replacement windows enhance energy efficiency. Constructed on a solid brick and masonry foundation, the property is designed for durability, ease of management, and long-term value. Situated at the gateway to Hagerstown's Arts & Entertainment District, the property benefits from a vibrant mixed-use neighborhood experiencing residential and commercial growth. This location is attractive to both local and out-of-town investors looking to capitalize on area revitalization. The property is positioned for appreciation.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Apartment buildings

    Suggested Use

    Restaurant Law Firm Realty agency Spa & Massage Dental Office Hair Salon Clothing Store Nail Salon Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Hagerstown
    County
    Washington
    State
    Maryland
    Longitude
    -77.72678
    Latitude
    39.64854

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    FAQs

    What type of property is this?
    Apartment building - Fully occupied six-unit property near downtown Hagerstown.
    Where is this apartment building located?
    The property is located at 505 W Church St 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: - High Monthly Rental Income: Generates $6,650+ monthly with potential for increased market rate income.; - Prime Location: Situated minutes from downtown Hagerstown and at the gateway to the Arts & Entertainment District.; - Fully Occupied & Turnkey: A fully occupied, income-producing property ready for immediate ownership.
    (240) 203-6393
    Request Owner's contact information
    505 W Church St Hagerstown, MD 21740
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    Hagerstown, MD 21740
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    505 W Church St Hagerstown, MD 21740
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