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400 Mitchell AvenueHagerstown, MD 21740

WA County

$899,000List price
16Beds
7,000Sq Ft
1950Year built
0.12Acre lot
3Stories
1 day agoOn market

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

Property Information

Property type
Residential Income
Sub-type
Multi Family
Structure type
House
Year built
1950
Stories
3
Living area
7,000 Sq Ft
Lot size
0.12 acres
Zoning
RMED
Days on market
1
MLS® Listing#
MDWA2041124

Property Features

Appliances
Electric Water Heater
Cooling
None
Heating
Electric · Baseboard
Flooring
Laminate · Hardwood · Vinyl
Pool
None
Parking
On Street
Construction
Brick
Foundation
Permanent
Roof
Rubber
Security
Smoke Detector(s)
Sewer
Public Sewer
Water source
Public

Schools

District
WASHINGTON COUNTY PUBLIC SCHOOLS

Financial Details

Annual taxes
$13,736Tax year 2026
Assessed value
$696,533
Parcel number
2225022114

Directions

From I-81, take Exit 7A (Salem Avenue / MD 58 East) toward Hagerstown. Continue on Salem Avenue about 1 mile. Turn left onto Mitchell Avenue. The property is on the left at the corner of Mitchell Avenue and Mechanic Street (400–402 Mitchell).

Listing Courtesy: Inch & Co. Real Estate, LLC - 7179044500

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