***Great Commercial Investment 2 Buildings for the Price of 1*** The two-story residential corner building (S - Potomac St) enjoys close proximity to the popular Art & Entertainment District and features 4 - 1 bedroom units with a 100% occupancy rate and a gross yearly income of $43,200. Units have been updated w/in the past year as well as the railings on the stairwell. The one-story commercial-zoned building (W Lee St) has 4 Private Rooms with 2 updated Bathrooms + one additional efficiency apartment w/full bath and an updated kitchenette. The roof was replaced on 08/25/2021 as well as all flooring and fresh paint. A new sprinkler system was installed in 2022. Poured concrete was applied to the entire basement foundation. The (W Lee St) building is currently awaiting county approval for electrical and plumbing upgrades. It is currently zoned for commercial retail but can be rezoned to residential. It's up to the new owner to decide! The property is being sold STRICTLY AS-IS AND CAN ONLY BE SHOWN AFTER A LETTER OF INTENT HAS BEED SUBMITTED AND ACCEPTED. Please call the listing agent for additional questions or to submit an offer.
Sold for $450,000
$450,000
301 S Potomac St, Hagerstown, MD 21740
4beds
--baths
4,858sqft
Quadruplex
Built in 1893
-- sqft lot
$478,200 Zestimate®
$93/sqft
$1,337 Estimated rent
Home value
$478,200
$445,000 - $512,000
$1,337/mo
Zestimate® history
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Entertainment districtTwo-story residential corner buildingUpdated kitchenetteNew sprinkler system
Zillow last checked:
Listing updated:
Listed by:
Hugo Medina 703-853-5706,
Samson Properties
Bought with:
Yahaira Diaz, WVS250303865
EXP Realty, LLC
Source: Bright MLS,MLS#: MDWA2015024
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Basement
- Area: 0
Heating
- Baseboard, Central, Natural Gas
Cooling
- Central Air, Multi Units, Window Unit(s), Electric
Appliances
- Included: Cooktop, Water Heater, Refrigerator, Gas Water Heater
Features
- Combination Dining/Living, Dry Wall
- Windows: Double Pane Windows
- Basement: Other,Improved
- Has fireplace: No
Interior area
- Total structure area: 4,858
- Total interior livable area: 4,858 sqft
Property
Parking
- Total spaces: 5
- Parking features: Private, Surface, Free, Parking Lot
Accessibility
- Accessibility features: None
Features
- Exterior features: Sidewalks
- Pool features: None
Lot
- Size: 7,285 sqft
- Features: Corner Lot
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2203017672
- Zoning: 104 COMMERCIAL
- Zoning description: PDH-8(RESIDENTIAL8DU/AC)
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Contemporary
- Property subtype: Quadruplex
Materials
- Brick, Combination
- Foundation: Brick/Mortar, Other
- Roof: Asphalt,Rubber
Condition
- New construction: No
- Year built: 1893
- Major remodel year: 2018
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & neighborhood
Security
- Security features: Smoke Detector(s)
Location
- Region: Hagerstown
- Municipality: Hagerstown
HOA & financial
Other financial information
- Total actual rent: 43200
Other
Other facts
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,1031 Exchange
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 8/25/2023 | Sold | $450,000$93/sqft |
Source:  Bright MLS #MDWA2015024 Report a problem | ||
| 8/1/2023 | Contingent | $450,000$93/sqft |
Source: Bright MLS #MDWA2015024 Report a problem | ||
| 7/5/2023 | Pending sale | $450,000$93/sqft |
Source: Bright MLS #MDWA2015024 Report a problem | ||
| 6/27/2023 | Contingent | $450,000$93/sqft |
Source: Bright MLS #MDWA2015024 Report a problem | ||
| 5/18/2023 | Listed for sale | $450,000+34.3%$93/sqft |
Source: Bright MLS #MDWA2015024 Report a problem | ||
| 11/10/2021 | Listing removed | $335,000$69/sqft |
Source: Bright MLS #MDWA2002128 Report a problem | ||
| 9/28/2021 | Listed for sale | $335,000$69/sqft |
Source: Bright MLS #MDWA2002128 Report a problem | ||
| 4/27/2021 | Listing removed | $335,000$69/sqft |
Source: Bright MLS #MDWA178506 Report a problem | ||
| 4/1/2021 | Listed for sale | $335,000-1.4%$69/sqft |
Source: Bright MLS #MDWA178506 Report a problem | ||
| 1/9/2021 | Listing removed | $339,900$70/sqft |
Source:  Bright MLS #MDWA175000 Report a problem | ||
| 9/15/2020 | Listed for sale | $339,900+36%$70/sqft |
Source: Fairfax Realty Select #MDWA174656 Report a problem | ||
| 3/7/2017 | Sold | $250,000+78.6%$51/sqft |
Source: Public Record Report a problem | ||
| 2/26/2014 | Sold | $140,000$29/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,402 -51.4% | $262,500 +1.9% |
| 2024 | $4,938 +1.9% | $257,600 +1.9% |
| 2023 | $4,844 +2% | $252,700 +2% |
| 2022 | $4,750 +0.9% | $247,800 +1.9% |
| 2021 | $4,709 +2% | $243,100 +2% |
| 2020 | $4,618 +2% | $238,400 +2% |
| 2019 | $4,527 +0.4% | $233,700 +0.4% |
| 2018 | $4,508 +60.5% | $232,733 +0.4% |
| 2017 | $2,809 -39.3% | $231,767 +0.4% |
| 2016 | $4,630 | $230,800 +0.5% |
| 2015 | $4,630 | $229,667 -14.9% |
| 2010 | -- | $270,000 +12.9% |
| 2009 | -- | $239,100 +14.8% |
| 2008 | -- | $208,200 +17.4% |
| 2007 | -- | $177,300 +4.7% |
| 2006 | -- | $169,400 +4.9% |
| 2005 | -- | $161,500 +5.1% |
| 2004 | -- | $153,600 +2.2% |
| 2003 | -- | $150,332 +2.2% |
| 2002 | -- | $147,066 +2.3% |
| 2001 | -- | $143,800 |
Find assessor info on the county website
Neighborhood: 21740
Nearby schools
GreatSchools rating
- 5/10Bester Elementary SchoolGrades: PK-5Distance: 0.3 mi
- 7/10E. Russell Hicks Middle SchoolGrades: 6-8Distance: 1.6 mi
- 4/10South Hagerstown High SchoolGrades: 9-12Distance: 1.2 mi
Schools provided by the listing agent
- Elementary: Bester
- Middle: E. Russell Hicks School
- High: South Hagerstown Sr
- 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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Estimated market value
$478,200
Get a cash offer in 3 minutes
Find out how much your home could sell for in as little as 3 minutes with a no-obligation cash offer.
Estimated market value
$478,200
- Maryland
- Washington County
- Hagerstown
- 21740
- 301 S Potomac St
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