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    Hagerstown, MD
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    Hagerstown, MD Residential Land & Home Lots for Sale

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    Renovated Duplex with Buildable Lot
    Updated: Jul 23
    Renovated Duplex with Buildable Lot

    113, 117, 119 FAIRGROUND AVENUE, Hagerstown, MD 21740

    $435,000
    1,610 sqft
    Renovated duplex at 117 & 119 Fairground Ave, fully occupied and generating $3,480/month ($41,760/year) gross rental income.
    Unit 117 rents for $1,800/month: 3 bed, 1 full bath and 1 half bath.
    Unit 119 rents for $1,680/month: 3 bed, 1 full bath.
    New electric central HVAC in each unit (heating and air conditioning), plus refinished hardwood floors, fresh paint, updated kitchens and baths.
    Two‑car detached garage at the rear; separate basements and shared covered front and rear porches for both units.
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    This listing looks promising.

    Here's a quick look at some key insights for

    113, 117, 119 FAIRGROUND AVENUE, HAGERSTOWN, MD 21740

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    • Est. Cap Rate

      3.9%
      NOI ÷ price

    • Est. NOI

      $17K
      Annual

    • Price @ 7% Cap

      $241K
      Suggested
    View Property Analytics
    Ready-to-Build Land Parcel
    Updated: Jan 3
    Ready-to-Build Land Parcel

    21219 LEITERSBURG Pike, Hagerstown, MD 21742

    $222,000
    2.08 AC lot
    2.08 Acres of Cleared and Leveled Land Ready to Build
    Private Well Already in Place
    Septic Approved with Permits Submitted and Approved
    Utilities On‑Site (Electricity and Sewer)
    Fully Fenced with Aluminum Privacy Fence
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    Hagerstown Land with Mountain Views
    Hagerstown Land with Mountain Views

    MARSH Pike, Hagerstown, MD 21742

    $255,000
    1.88 AC lot

    Large, level lots in Hagerstown, MD, with mountain views.

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    Residential Land in Hagerstown, MD
    Residential Land in Hagerstown, MD

    MARSH Pike, Hagerstown, MD 21742

    $285,000
    2.20 AC lot

    Large level lots in North-end Hagerstown, convenient to everything.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    HAGERSTOWN, MD Level Lots
    HAGERSTOWN, MD Level Lots

    MARSH Pike, Hagerstown, MD 21742

    $325,000
    4.56 AC lot

    Large level lots in North-End Hagerstown, MD, convenient location.

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    Cleared Lot in Sunset Creek
    Cleared Lot in Sunset Creek

    13638 CREEK VIEW Drive, Hagerstown, MD 21740

    $85,000
    1.40 AC lot

    1.4-acre cleared lot ready for development in Hagerstown, MD.

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    LAND - HAGERSTOWN, MD
    LAND - HAGERSTOWN, MD

    21212 LEITERS MILL Road, Hagerstown, MD 21742

    $215,000
    5.66 AC lot

    Land · 5.66 Acres

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    Perc-Approved Residential Building Lot
    Perc-Approved Residential Building Lot

    21212 Leiters Mill Rd, Hagerstown, MD 21742

    $215,000
    5.66 AC lot

    Gently rolling 5.66-acre lot is perc approved and ready for residential construction.

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    Land, HAGERSTOWN, MD
    Land, HAGERSTOWN, MD

    148 BETHEL Street, Hagerstown, MD 21740

    $30,000
    0.06 AC lot

    Land · 0.06 Acres

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    Land, HAGERSTOWN, MD
    Land, HAGERSTOWN, MD

    REEDY Parkway, Hagerstown, MD 21740

    $65,000
    0.32 AC lot

    Land · 0.32 Acres

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    Cleared Residential Development Land
    Cleared Residential Development Land

    21216 LEITERS MILL Rd, Hagerstown, MD 21742

    $250,000
    6.47 AC lot

    Cleared and leveled 6.47-acre land parcel near Leitersburg Pike, surrounded by farm land and residential development.

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    LAND - HAGERSTOWN, MD
    LAND - HAGERSTOWN, MD

    741-743 MEDWAY Road, Hagerstown, MD 21740

    $55,000
    0.09 AC lot

    Land · 0.09 Acres

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    6.5 Acres on Jefferson Blvd
    6.5 Acres on Jefferson Blvd

    JEFFERSON Blvd, Hagerstown, MD 21742

    $299,000
    6.46 AC lot

    Land available near Robinwood Dr, zoned for residential/medical use.

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    Residential Buildable Lot
    Residential Buildable Lot

    20609 Jefferson Blvd, Hagerstown, MD 21742

    $69,900
    0.31 AC lot

    Residential lot offers a public water hookup; buyer should verify perc suitability.

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    Duplex Lot Ready to Build
    Duplex Lot Ready to Build

    741-743 MEDWAY Rd, Hagerstown, MD 21740

    $65,000
    0.17 AC lot

    Fully prepped duplex lot with permits pulled and paid, plus water and sewer certification completed.

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    Residential Building Lot
    Residential Building Lot

    11007 Sani Ln, Hagerstown, MD 21742

    $125,000

    Residential lot near shopping and medical services, within walking distance of Black Rock Golf Course.

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    Residential Land Across From High School
    Residential Land Across From High School

    1111 Pennsylvania Ave, Hagerstown, MD 21742

    $158,750

    Residential home lot for sale in Washington County, located directly across from North Hagerstown High.

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    Cleared Lot in Sunset Creek
    Cleared Lot in Sunset Creek

    13638 Creek View Dr, Hagerstown, MD 21740

    $87,900
    1.40 AC lot

    1.4-acre cleared lot ready for development in Hagerstown, MD.

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    Site-Plan Approved Daycare Development Land
    Site-Plan Approved Daycare Development Land

    9455 Morning Walk Drive, Hagerstown, MD 21740

    Contact for pricing
    2.60 AC lot

    2.6-acre site plan approved for a daycare building and a fenced outdoor play area.

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    Residential Land in Rural Setting
    Residential Land in Rural Setting

    LITTLE ANTIETAM Rd, Hagerstown, MD 21742

    $50,000
    0.96 AC lot

    Almost an acre of land suitable for building a home.

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    Flat Residential Lot
    Flat Residential Lot

    19202 POFFENBERGER Rd, Hagerstown, MD 21740

    $30,000

    Flat residential lot zoned RU, positioned in an established neighborhood with convenient access to Routes 70 and 40.

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    Vacant Residential Lot Opportunity
    Vacant Residential Lot Opportunity

    148 Bethel St, Hagerstown, MD 21740

    $30,000

    Vacant lot in a residential area with RMED zoning, suited for parking or other verified uses.

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    Residential Buildable Lot
    Residential Buildable Lot

    616 Beaver Creek Rd, Hagerstown, MD 21740

    Contact for pricing
    1.50 AC lot

    Buildable residential lot of approximately 1.5 acres near major routes and everyday amenities.

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    Residential Lot in Hagerstown Neighborhood
    Residential Lot in Hagerstown Neighborhood

    747 Spruce St, Hagerstown, MD 21740

    $39,900

    Buildable lot with alley access and public utilities available.

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    Hagerstown, MD Residential Land & Home Lots Market Trends and Statistics

    Explore 29 residential land & home lots for sale in Hagerstown, MD, showcased through 29 active listings on our real estate platform. These investment opportunities span a total of 2,459,527 square feet of properties for sale, with an estimated market value of $4,922,150.

    Sale prices for home sites in Hagerstown, MD start at $30,000, averaging $189,313, and reaching up to $899,900 — 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

    Commercial land 46
    Residential land & home lots 27
    Industrial land 6

    Demographics Overview

    Population 101K
    Population Growth (5Y) +4.0%
    Median Household Income $66,959
    College Educated 10.5%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    21740 $59.5K
    21742 $260.4K

    Taxes & Financing

    Tax Rate (average for all types) 0.97%
    Property Tax per SF $18.55 per SF
    Tax Rate vs County Average 0.01 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)

    Property Size Breakdown

    The majority of commercial real estate listings in Hagerstown fall within the 10 to 20 acres range.

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    Most Searched ZIP Codes in Hagerstown, MD

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