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For sale
  • Price cut: $25K (7/17)
    $525,000

    16 S Mulberry St, Hagerstown, MD 21740

    6beds
    --baths
    4,316sqft
    : 
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    Multi Family
    Built in 1914
    -- sqft lot
    $515,100 Zestimate®
    $122/sqft
    $-- HOA

    What's special

    Dining room
    Fantastic Investment Opportunity – Fully Rented 5-Unit Turnkey Building This well-maintained 5-unit property is a turnkey investment, fully rented with reliable long-term tenants. Current rents are significantly below market, offering excellent value-add potential through rent increases to market rates. The building features four 1-bedroom units and one 2-bedroom unit with an additional office/den. Off-street parking is available at the rear of the property. Unit Breakdown: Unit 16 (First Floor): Living room, dining room, kitchen, bedroom, and bathroom Unit 16 (Second Floor): Living room, dining room, kitchen, bedroom, bathroom, and office/den Unit 16 ½: Main level includes living room and kitchen; second level has bedroom and bathroom Unit 18 (First Floor): Living room, kitchen, bedroom, and bathroom Unit 18 (Second Floor): Living room, kitchen, bedroom, and bathroom (currently rented) With strong occupancy, room to grow income, and minimal upkeep needed, this is a great opportunity for both new and seasoned investors.
    240 days
    |
    139
    |
    4
    |

    Zillow last checked:

    Listing updated:

    Listed by:

    Roberto Gonzalez 301-991-0207,

    RG Realty, Inc. 240-203-6393

    Source: Bright MLS,MLS#: MDWA2032918MLS Logo

      Facts & features

      Interior

      Bedrooms & bathrooms
      • Bedrooms: 6
      Basement
      • Area: 0
      Heating
      • Hot Water, Electric
      Cooling
      • Other, Electric
      Appliances
      • Included: Electric Water Heater
      Features
      • Has fireplace: No
      Interior area
      • Total structure area: 4,316
      • Total interior livable area: 4,316 sqft

      Property

      Parking
      • Parking features: Alley Access, Off Street
      Accessibility
      • Accessibility features: Other
      Features
      • Pool features: None
      Lot
      • Size: 7,405 Square Feet
      Details
      • Additional structures: Above Grade, Below Grade
      • Parcel number: 2217007343
      • Zoning: CCMU
      • Special conditions: Standard

      Construction

      Type & style
      • Home type: MultiFamily
      • Architectural style: Colonial
      • Property subtype: Multi Family
      Materials
      • Brick
      • Foundation: Other
      Condition
      • New construction: No
      • Year built: 1914

      Utilities & green energy

      • Sewer: Public Sewer
      • Water: Public

      Community & HOA

      Location
      • Region: Hagerstown
      • Municipality: Hagerstown

      Financial & listing details

      • Price per square foot: $122/sqft
      • Tax assessed value: $257,200
      • Annual tax amount: $5,072
      • Date on market: 11/24/2025
      • Listing agreement: Exclusive Right To Sell
      • Ownership: Fee Simple

        Estimated market value

        $515,100

        $489,000 - $541,000

        $1,274/mo

        Price history

        DateEventPrice
        7/17/2026Price change$525,000-4.5%$122/sqft
        Source: Bright MLS #MDWA2032918 Report a problem
        7/3/2026Price change$550,000-4.3%$127/sqft
        Source: Bright MLS #MDWA2032918 Report a problem
        1/24/2026Price change$575,000-4.2%$133/sqft
        Source: Bright MLS #MDWA2032918 Report a problem
        11/24/2025Listed for sale$600,000+130.8%$139/sqft
        Source: Bright MLS #MDWA2032918 Report a problem
        3/21/2022Sold$260,000$60/sqft
        Source: Bright MLS #MDWA2005264 Report a problem

        Public tax history

        Tax history is unavailable.

        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.
        See how much you could borrow to make a competitive offer.

        Climate risks

        Neighborhood: 21740

        Getting around

        88 / 100
        Very Walkable
        28 / 100
        Some Transit
        57 / 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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