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Pending
    • Price cut: $5.1K (5/8)
    $129,900

    127 E Lee St, Hagerstown, MD 21740

    2beds
    1,008sqft
    : 
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    Single Family Residence
    Built in 1918
    2,200 Square Feet Lot
    $125,900 Zestimate®
    $129/sqft
    $-- HOA

    What's special

    Updated interior paintLarge fenced-in yardOff-street parkingWalk-up attic for storageBrand-new carpeting throughout
    Turnkey investment opportunity with immediate cash flow! Calling all investors! *** This well-maintained 2-bedroom, 1-bath home is tenant-occupied with a lease in place through December, generating $1,155/month in rental income, with the tenant responsible for all utilities. *** The home has been well cared for by both owner and tenant—clean as can be! A great tenant is already in place, making this a smooth and reliable addition to any portfolio. *** Recent updates include updated interior paint and brand-new carpeting throughout, helping minimize upfront costs. Additional features include a walk-up attic for storage or potential future use, a large fenced-in yard, and off-street parking. **** Strong rental income at this price point offers excellent investment potential. Whether you’re looking to expand your rental portfolio or secure a property to make your own after the lease expires, this home provides both immediate income and future upside. *** Priced to sell—don’t miss this opportunity!
    88 days
    |
    25
    |
    0
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Wendy Aloi 301-676-0474,

    Real Estate Innovations 301-662-8600

    Source: Bright MLS,MLS#: MDWA2035508MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 2
      • Bathrooms: 1
      • Full bathrooms: 1
      Rooms
      • Room types: Living Room, Dining Room, Bedroom 2, Kitchen, Basement, Bedroom 1, Full Bath
      Bedroom 1
      • Level: Upper
      Bedroom 2
      • Level: Upper
      Basement
      • Level: Lower
      Dining room
      • Level: Main
      Other
      • Level: Upper
      Kitchen
      • Level: Main
      Living room
      • Level: Main
      Heating
      • Forced Air, Natural Gas
      Cooling
      • None
      Appliances
      • Included: Refrigerator, Cooktop, Range Hood, Gas Water Heater
      • Laundry: Main Level
      Features
      • Floor Plan - Traditional, Formal/Separate Dining Room
      • Flooring: Carpet
      • Basement: Other
      • Has fireplace: No
      Interior area
      • Total structure area: 1,512
      • Total interior livable area: 1,008 sqft
      • Finished area above ground: 1,008
      • Finished area below ground: 0

      Property

      Parking
      • Total spaces: 2
      • Parking features: On Street, Off Street, Alley Access
      • Has uncovered spaces: Yes
      Accessibility
      • Accessibility features: None
      Features
      • Levels: Two
      • Stories: 2
      • Pool features: None
      • Fencing: Full,Back Yard
      Lot
      • Size: 2,200 Square Feet
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 2217009400
      • Zoning: RMED
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: SingleFamily
      • Architectural style: Traditional
      • Property subtype: Single Family Residence
      • Attached to another structure: Yes
      Materials
      • Other
      • Foundation: Permanent
      Condition
      • New construction: No
      • Year built: 1918

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Community
      • Subdivision: Hagerstown
      HOA
      • Has HOA: No
      Location
      • Region: Hagerstown
      • Municipality: Hagerstown

      Financial & listing details

      • Price per square foot: $129/sqft
      • Tax assessed value: $86,767
      • Annual tax amount: $1,639
      • Date on market: 4/23/2026
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Fee Simple

        Estimated market value

        $125,900

        $120,000 - $132,000

        $1,231/mo

        Price history

        DateEventPrice
        6/10/2026Pending sale$129,900$129/sqft
        Source: Bright MLS #MDWA2035508 Report a problem
        5/27/2026Listed for sale$129,900$129/sqft
        Source: Bright MLS #MDWA2035508 Report a problem
        5/16/2026Pending sale$129,900$129/sqft
        Source: Bright MLS #MDWA2035508 Report a problem
        5/8/2026Price change$129,900-3.8%$129/sqft
        Source: Bright MLS #MDWA2035508 Report a problem
        4/23/2026Listed for sale$135,000+800%$134/sqft
        Source: Bright MLS #MDWA2035508 Report a problem
        12/30/2025Listing removed$1,155$1/sqft
        Source: Zillow Rentals Report a problem
        12/26/2025Listed for rent$1,155$1/sqft
        Source: Zillow Rentals Report a problem
        3/26/2020Listing removed$15,000$15/sqft
        Source: Alex Cooper Auctioneers, Inc. #MDWA170826 Report a problem
        2/21/2020Listed for sale$15,000-81.3%$15/sqft
        Source: Alex Cooper Auctioneers, Inc. #MDWA170826 Report a problem
        12/28/2009Sold$80,000+100%$79/sqft
        Source: Public Record Report a problem
        9/16/2004Sold$40,000-14.9%$40/sqft
        Source: Public Record Report a problem
        11/1/1996Sold$47,000-21.7%$47/sqft
        Source: Public Record Report a problem
        6/27/1996Sold$60,000$60/sqft
        Source: Public Record Report a problem

        Public tax history

        YearProperty taxesTax assessment
        2025$760 -46%$83,100 +13.1%
        2024$1,408 +15.1%$73,467 +15.1%
        2023$1,224 +17.8%$63,833 +17.8%
        2022$1,039 -1%$54,200
        2021$1,050 $54,200
        2020$1,050 -1.1%$54,200 -1.1%
        2019$1,061 $54,800
        2018$1,061 +59.8%$54,800
        2017$664 -11.6%$54,800
        2016$751 $54,800
        2015$751 $54,800
        2014$751 $54,800 -3.5%
        2013-- $56,800
        2012-- $56,800
        2011-- $56,800 -29.6%
        2010-- $80,670 +13.5%
        2009-- $71,090 +15.6%
        2008-- $61,510 +18.4%
        2007-- $51,930 +7.1%
        2006-- $48,490 +7.6%
        2005-- $45,050 +8.3%
        2004-- $41,610 +2.7%
        2003-- $40,520 +2.8%
        2002-- $39,430 +2.8%
        2001-- $38,340
        Find assessor info on the county website

        Monthly payment

        Est. payment

        Payment breakdown

        Explore the cost of this home by adjusting the details. Changes won't be saved.
        All calculations are estimates and provided by Zillow, Inc. for informational purposes only. Actual amounts may vary.
        HOA fees may include property taxes on listings classified as Co-Ops. Contact the listing agent and/or owner for fee details.
        Mortgage interest rates are dependent on a number of factors, including credit score, down payment, and repayment length. Interest rate data provided by Zillow Group Marketplace, Inc. as of 1/1/1970 from various mortgage lenders with which we have lead or other similar arrangements; the Estimated Payment is an average of those rates.
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        Climate risks

        Neighborhood: 21740

        Getting around

        78 / 100
        Very Walkable
        26 / 100
        Some Transit
        64 / 100
        Bikeable

        Nearby schools

        GreatSchools rating
        Schools provided by the listing agent
        • District: Washington County Public Schools

        Source: Bright MLS. This data may not be complete. We recommend contacting the local school district to confirm school assignments for this home.

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