New Listing
$899,000 $4,826 est/mo Sourced by Back At You
400 Mitchell Ave,HAGERSTOWN, MD 21740
HAGERSTOWN, MD 21740
Description
Strong cash-flow opportunity in Hagerstown: an 8-unit all-brick multifamily generating approximately $102,600 in annual income. This purpose-built corner building features eight 2-bedroom, 1-bathroom apartments, each offering a practical layout with rear balcony and dual entrances. Durable brick construction keeps exterior maintenance low, while the consistent unit mix simplifies management and leasing. Conveniently located just off Burhans Boulevard with easy access to shopping, restaurants, public transportation, and major highways. A solid income-producing asset ideal for investors looking to expand an existing portfolio or enter the multifamily market. This listing is cross-listed in the commercial section of the MLS
Details
| MLS # | MDWA2041124 |
|---|---|
| Listing Type | For Sale |
| Sub-Type | Resale |
| Status | Active-bright |
| Year | 1950 |
| Days On Site | 7 |
| Listing Provided By | Inch & Co. Real Estate, LLC | Bradley J Bygall |
Features
| SQ Feet | 7,000 |
|---|---|
| Story(s) | 3 |
| Units | 4 |
| Zoning | RMED |
| Acreage | 0.12 |
Interior
| Cooling | None |
|---|---|
| Heating Yes / No | Yes |
| Heating | Baseboard - Electric |
Exterior
| Roof | Rubber |
|---|---|
| Security Features | Smoke Detector |
| Construction Materials | Brick |
| Foundation Details | Permanent |
Parking
| Garage Yes / No | No |
|---|
Taxes
| Tax Annual Amount | 13736 |
|---|
Area Information
| State | MD |
|---|---|
| County | WASHINGTON MD |
| City | HAGERSTOWN |
| Zip Code | 21740 |
| Area | WASHINGTON MD |
| School District | WASHINGTON COUNTY PUBLIC SCHOOLS |
| Listing VS Median (in 21740) | |
Price: $899,000 low | high Med: $289,995 sqft: 7,000 low | high Med: 1,724 $ / sqft: $128 low | high Med: $173 On site: 7 low | high Med: 186.5 | |
Market Activity 21740
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Learn More About This Property
| State | MD |
|---|---|
| County | WASHINGTON MD |
| City | HAGERSTOWN |
| Zip Code | 21740 |
| Area | WASHINGTON MD |
| School District | WASHINGTON COUNTY PUBLIC SCHOOLS |
| Listing VS Median (in 21740) | |
Price: $899,000 low | high Med: $289,995 sqft: 7,000 low | high Med: 1,724 $ / sqft: $128 low | high Med: $173 On site: 7 low | high Med: 186.5 | |
Listing Updated: November 3, 2026 at 11:05:08 AM PST