400 Mitchell AvenueHagerstown, MD 21740
WA County
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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