Smithsburg, MD
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    Smithsburg, MD Multifamily Properties for Sale

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    Hagerstown, MD Sabillasville, MD Cascade, MD
    Three-Unit Residential Income Property
    $589,900
    3,773 SF
    Three-Unit Residential Income Property

    13242-13244 GREENSBURG Road, Smithsburg, MD 21783

    Three residential units on one 1.24-acre site, including a renovated rancher and a duplex with separate electric service.
    • 1.24‑acre property with 3 residential units: a renovated 3‑bedroom rancher plus a separate duplex with two 2‑bedroom apartments
    • Mountain views and country setting, with the ranch home set back from the road at the end of a long driveway
    • Rancher features include a large kitchen with granite countertops, a cozy fireplace, full bath, mudroom, and attached garage
    • Updates noted include a new HVAC system and an updated water heater
    • Duplex offers two 2‑bedroom, 1‑bath units, each with a dining area and dedicated laundry room (one unit recently renovated)
    Updated: Jun 7
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    Top-and-Bottom Duplex Investment
    $299,900
    1,732 SF
    Top-and-Bottom Duplex Investment

    29 N MAIN Street N, Smithsburg, MD 21783

    Two two-bedroom rental units with existing lease terms, offering steady income potential in a strong school district.
    • Two two‑bedroom units (top‑and‑bottom duplex) in the Smithsburg school district
    • Rents: $1,200 (1st floor) and $1,250 (2nd floor)
    • Lease terms: 1st floor runs until May 2027; 2nd floor ends January 2027
    • Year built 1860 with Colonial architectural style; frame construction
    • Heating includes baseboard and electric heat
    Updated: Feb 19
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    Based on your search, we've compiled 10 Potential Opportunities for your consideration. Besides 2 Active listings in Smithsburg, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Colonial Duplex Income Property
    $434,900
    1,626 SF
    Colonial Duplex Income Property

    Well-maintained Colonial duplex with two separately metered sides and fully rented one- and three-bedroom units.

    838 HAMILTON Boulevard, Hagerstown, MD 21742

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    Five-Unit Apartment Building
    $539,000
    Five-Unit Apartment Building

    Fully occupied five-unit building with separately metered electric and ample onsite parking for 8+ vehicles.

    4-25625 Military Rd, Cascade, MD 21719

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    Fully Occupied Multifamily Investment Property
    $539,000
    Fully Occupied Multifamily Investment Property

    Five-unit apartment building with strong occupancy and income potential.

    25625 Military Rd #4, Cascade, MD 21719

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    Versatile Investment Property
    $379,950
    2,482 SF
    Versatile Investment Property

    Income-generating duplex with new roof and HVAC.

    713-715 Medway Road, Hagerstown, MD 21740

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Near Shepherd University
    $650,000
    3.70 Acres
    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

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    Land with Existing Septic and Well
    $38,900
    1.78 Acres
    Land with Existing Septic and Well

    Nearly two acres in Three Springs with an in-place septic and well, plus an opportunity to fix or replace the existing mobile home.

    18531 Blackberry dr, Three Springs, PA 17264

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    Land for Sale
    Contact for pricing
    Land for Sale

    Land available on Mine Road, Kinzers, PA.

    5153-D Mine Rd, Kinzers, PA 17535

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    Central Business Zoned Development Land
    $250,000
    0.23 Acres
    Central Business Zoned Development Land

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

    107 HOWARD Street, La Plata, MD 20646

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    Smithsburg, MD Multifamily Properties Market Trends and Statistics

    Explore 2 multifamily properties for sale in Smithsburg, MD on our real estate platform. These investment opportunities span a total of 5,505 square feet of properties for sale, with an estimated market value of $889,800.

    Sale prices for multifamily properties in Smithsburg, MD start at $299,900, averaging $444,900, and reaching up to $589,900 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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    Top Commercial Asset Segments

    Commercial property segments ranked by active listings on the market

    Duplexes 2

    Demographics Overview

    Population 9,881
    Population Growth (5Y) +9.5%
    Median Household Income $96,055
    College Educated 30.1%

    High-Yield Neighborhoods for Investment

    Identify Smithsburg submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    21783 $299.9K

    Taxes & Financing

    Tax Rate (average for all types) 1.01%
    Property Tax per SF $25.12 per SF
    Tax Rate vs County Average 0.04 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Washington County

    New Delisted

    Total CRE Inventory on Market (SF)

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