Property profile

505 Church St Hagerstown, MD 21740

OFF-MARKET
Multifamily properties
Property ID
US40-1528741
3,556 SF Built 1905
Entity Owned
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Property summary

AI-generated overview

This property is a fully brick six-unit multifamily building located minutes from downtown Hagerstown, at the gateway to the Arts & Entertainment District in a mixed-use area with ongoing residential and commercial growth. The building features six units, each with approximately 700 square feet of living space, and includes separate electric meters for tenant-paid utilities. It is supported by a solid brick and masonry foundation and has updated replacement windows intended to improve energy efficiency. The structure is an all-brick exterior designed for durability and long-term manageability.

Property profile

Verified
Property type Multifamily properties
Year built 1905
Total area 3,556 SF
UPID US40-1528741

Cap rate & NOI

Priority signal for investors
Implied cap rate, NOI & suggested price
Cap rate vs submarket · NOI estimate · 3 price anchors

Location

505 Church St Hagerstown, MD 21740
Hagerstown metro
Google Maps

Value estimations

Realmo proprietary · 4 methods
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Owner & transaction history

since 2026
4 recorded transactions
2026
$550,000
2023
Price N/A
2022
$240,000
2022
$182,500

Comparables

6 recent transactions · within 1.5 mi
Comparable in this city
6 recent transactions
Recent comparable sales
Sale price & price/SF · Sale date & distance · Adjustments & confidence
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