🏡 INVESTMENT OPPORTUNITY – 5-Unit Multifamily with Value-Add Potential! Located in the heart of Hagerstown, this five-unit property presents a compelling investment with significant upside potential. Currently fully rented, this property boasts a strong rental history, making it a reliable income generator. Each unit is separately metered, with tenants responsible for electric and heat, keeping operating costs low. Private parking adds convenience for residents, while the property's solid bones make it an ideal candidate for minor updates to boost rental income. Simple upgrades and aligning rents with market rates could significantly enhance returns. With its central location, strong rental demand, and room for value-add improvements, this property is a rare find. Whether you're an experienced investor or looking to grow your portfolio, this is an opportunity to capitalize on passive income and appreciation potential.
For sale
$380,000
24 High St, Hagerstown, MD 21740
5beds
--baths
2,578sqft
Est.:
Multi Family
Built in 1893
-- sqft lot
$370,600 Zestimate®
$147/sqft
$-- HOA
What's special
Private parking
- 15 days
- on Zillow |
- 277 |
- 10 |
Zillow last checked: 7 hours ago
Listing updated: April 11, 2025 at 01:27am
Listed by:
Roberto Gonzalez 301-991-0207,
RG Realty, Inc. 240-203-6393
Source: Bright MLS,MLS#: MDWA2028180

Travel times
Tour with a buyer’s agent
Tour with a buyer’s agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
Basement
- Area: 429
Heating
- Baseboard, Electric
Cooling
- Window Unit(s), Electric
Appliances
- Included: Electric Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 3,007
- Total interior livable area: 2,578 sqft
Property
Parking
- Parking features: Off Street, On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 5,100 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2225006267
- Zoning: RMED
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Vinyl Siding, Wood Siding
- Foundation: Block
Condition
- New construction: No
- Year built: 1893
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Hagerstown
- Municipality: Hagerstown
Financial & listing details
- Price per square foot: $147/sqft
- Tax assessed value: $191,000
- Annual tax amount: $3,315
- Date on market: 4/11/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
- Loading
- Loading