Prime Multi-Family Investment – High Income, Low Maintenance Seize this exceptional opportunity to own a fully occupied, all-brick, six-unit property just minutes from downtown Hagerstown, currently generating $6,650+ in monthly rental income with potential to increase to full market rates. Each spacious unit offers approximately 700 sq ft of living space, separate electric meters (tenant-paid utilities), and updated replacement windows for improved energy efficiency. Built on a solid brick and masonry foundation, the property offers durability, ease of management, and long-term value. Located at the gateway to Hagerstown’s Arts & Entertainment District, this property sits in a vibrant mixed-use neighborhood surrounded by residential and commercial growth—making it attractive to both local and out-of-town investors capitalizing on area revitalization. Turnkey, income-producing, and positioned for appreciation—don’t miss your chance to secure a high-performing asset in a prime location.
For sale
$675,000
505 W Church St, Hagerstown, MD 21740
10beds
--baths
3,556sqft
Est.:
Multi Family
Built in 1905
-- sqft lot
$-- Zestimate®
$190/sqft
$-- HOA
What's special
Updated replacement windowsSeparate electric meters
- 9 days
- on Zillow |
- 165 |
- 13 |
Zillow last checked: 7 hours ago
Listing updated: August 15, 2025 at 02:29am
Listed by:
Roberto Gonzalez 301-991-0207,
RG Realty, Inc. 240-203-6393
Source: Bright MLS,MLS#: MDWA2030872

Travel times
Tour with a buyer's agent
Tour with a buyer's agent
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 10
Basement
- Area: 0
Heating
- Hot Water, Electric
Cooling
- Window Unit(s), Electric
Appliances
- Included: Electric Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 3,556
- Total interior livable area: 3,556 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 2,200 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2225025695
- Zoning: RMED
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Brick
- Foundation: Permanent, Block
Condition
- New construction: No
- Year built: 1905
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Hagerstown
- Municipality: Hagerstown
Financial & listing details
- Price per square foot: $190/sqft
- Tax assessed value: $262,600
- Annual tax amount: $4,710
- Date on market: 8/15/2025
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
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