Two-unit investment opportunity with strong value-add potential located at 235 S Locust St in Hagerstown, MD. This vacant two-unit property features a solid, long-term rental history and is positioned to generate up to $2,000 per month in total gross rental income ($24,000 annually). Unit 1 (lower level) offers a kitchen, full bathroom, two main rooms, and direct access to a finished room in the basement. Unit 2 (upper level) includes a kitchen, full bathroom, two main rooms, access to additional attic space, and an upper deck with egress. Fenced backyard providing small outdoor space for tenants. The property is being sold strictly as-is and is suitable for cash or conventional financing only. Ideal addition to a buy-and-hold portfolio or a quick repositioning project to capitalize on Hagerstown's active rental market demand.
For sale
$149,900
235 Locust Ct, Hagerstown, MD 21740
2beds
1,996sqft
Townhouse
Built in 1917
4,915 Square Feet Lot
$-- Zestimate®
$75/sqft
$-- HOA
What's special
- 16 days
- 133
- 10
Likely to sell faster than
Zillow last checked:
Listing updated:
Listed by:
Bill Kenny 301-707-1678,
Keller Williams Realty Centre 240-309-6000
Source: Bright MLS,MLS#: MDWA2040714
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 2
- Bathrooms: 2
- Full bathrooms: 2
- Main level bathrooms: 1
- Main level bedrooms: 1
Basement
- Description: Percent Finished: 75.0
- Area: 1248
Heating
- Baseboard, Electric
Cooling
- None, Electric
Appliances
- Included: Electric Water Heater, Water Heater
Features
- Basement: Other,Walk-Out Access,Partially Finished
- Has fireplace: No
Interior area
- Total structure area: 2,744
- Total interior livable area: 1,996 sqft
- Finished area above ground: 1,496
- Finished area below ground: 500
Property
Parking
- Parking features: Off Street
Accessibility
- Accessibility features: None
Features
- Levels: Two
- Stories: 2
- Pool features: None
Lot
- Size: 4,915 Square Feet
- Features: Urban
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2217003984
- Zoning: RMED
- Special conditions: Standard
Construction
Type & style
- Home type: Townhouse
- Architectural style: Other
- Property subtype: Townhouse
Materials
- Brick
- Foundation: Other
- Roof: Asphalt
Condition
- Average
- New construction: No
- Year built: 1917
Utilities & green energy
- Electric: 100 Amp Service
- Sewer: Public Sewer
- Water: Public
- Utilities for property: None, Cable
Community & HOA
Community
- Subdivision: City Of Hagerstown
HOA
- Has HOA: No
Location
- Region: Hagerstown
Financial & listing details
- Price per square foot: $75/sqft
- Tax assessed value: $124,367
- Annual tax amount: $2,453
- Date on market: 10/9/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
Not available
Estimated sales range
Not available
Not available
Price history
| Date | Event | Price |
|---|---|---|
| 10/9/2026 | Listed for sale | $149,900$75/sqft |
Source: | ||
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.Climate risks
Neighborhood: 21740
Nearby schools
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.








