Multiple offers. All offers due 07/23, Wednesday at 9pm. Investor-Friendly 3-Unit Row Home in Prime Hagerstown Location. Don’t miss this cash-flowing, semi-detached row house in the heart of Hagerstown, MD—ideal for savvy investors or FHA house hackers looking to live in one unit while renting the others. This solidly built triplex features three self-contained units, all separately metered for electric, offering strong rental income and long-term upside. Unit 1: 2 beds, 1.5 baths | $995/mo | Lease through 6/30/2026 Unit 2: 2 beds, 1 bath | $1,050/mo | Lease through 11/30/2025 Unit 3: 1 bed, 1 bath | Vacant & recently renovated with modern finishes and brand-new appliances—move-in ready for a new tenant or owner-occupant. With two income-producing tenants already in place, this property offers immediate returns and a projected boost in income once the third unit is occupied. Whether you're an investor looking for a property that aligns with the 1% rule or a house hacker seeking offset living costs, this is a strong opportunity in a growing market. Schedule a tour and explore the potential today!
Under contract
$295,000
115 E Franklin St, Hagerstown, MD 21740
5beds
4baths
2,684sqft
Est.:
Triplex
Built in 1893
-- sqft lot
$294,100 Zestimate®
$110/sqft
$-- HOA
What's special
Semi-detached row houseBrand-new appliancesModern finishes
- 20 days
- on Zillow |
- 470 |
- 18 |
Zillow last checked: 7 hours ago
Listing updated: July 24, 2025 at 03:05pm
Listed by:
Adam Brand 301-514-3392,
Pearson Smith Realty, LLC 304-315-2773
Source: Bright MLS,MLS#: MDWA2029914

Travel times
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 5
- Bathrooms: 4
Basement
- Area: 0
Heating
- Baseboard, Electric
Cooling
- Window Unit(s), Electric
Appliances
- Included: Electric Water Heater
Features
- Bathroom - Tub Shower, Kitchen - Efficiency
- Basement: Partially Finished,Rear Entrance
- Has fireplace: No
Interior area
- Total structure area: 2,684
- Total interior livable area: 2,684 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
- Has view: Yes
- View description: City
Lot
- Size: 2,614 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2222013270
- Zoning: CCMU
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Other
- Property subtype: Triplex
Materials
- Brick
- Foundation: Permanent
Condition
- Good
- New construction: No
- Year built: 1893
- Major remodel year: 2025
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
- Utilities for property: Electricity Available, Sewer Available, Water Available
Community & HOA
Location
- Region: Hagerstown
- Municipality: Hagerstown
Financial & listing details
- Price per square foot: $110/sqft
- Tax assessed value: $172,300
- Annual tax amount: $3,173
- Date on market: 7/18/2025
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA
- Ownership: Fee Simple
- Income includes: Apartment Rentals
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