4 Unit building in downtown Hagerstown, MD. Great investment opportunity. Current occupancy: 100% tenant occupied as of 9/3/2024. Updates made: Roof is only 9 years old, Updated Electric Wiring and Breakers, Rental Inspections are current and on file with the City, MD Lead Inspection Certifications available, 2 Gas Water Heaters, 2 Electric Water Heaters, Quarterly Exterminator Visits (Tenants assist with $25 per quarter / units, basement, and perimeter), Doorbells for each unit, Exterior cameras on-site on each corner of building, Digital lock for front door, Top 2 units have ceiling fans, Central wifi for upper units and cameras, No in-house laundry for tenants but available to add.
Sold for $425,000
$425,000
400 McDowell Ave, Hagerstown, MD 21740
7beds
--baths
3,342sqft
Quadruplex
Built in 1914
-- sqft lot
$390,500 Zestimate®
$127/sqft
$1,615 Estimated rent
Home value
$390,500
$355,000 - $422,000
$1,615/mo
Zestimate® history
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$2,559/mo
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Zillow last checked:
Listing updated:
Listed by:
Rhiannon Marie Crawford 434-688-6222,
Cardinal Realty Group Inc.,
Co-Listing Agent: Kelly Krogmann 434-247-3329,
Cardinal Realty Group Inc.
Bought with:
Patti Perez, RSR002462
RE/MAX Achievers
Source: Bright MLS,MLS#: MDWA2023786
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 7
Basement
- Area: 768
Heating
- Forced Air, Natural Gas
Cooling
- None
Appliances
- Included: Gas Water Heater, Electric Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 4,110
- Total interior livable area: 3,342 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 4,356 Square Feet
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2225002997
- Zoning: RMED
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Quadruplex
Materials
- Aluminum Siding
- Foundation: Stone
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: $127/sqft
- Tax assessed value: $167,133
- Annual tax amount: $3,204
- Date on market: 8/30/2024
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Price history
| Date | Event | Price |
|---|---|---|
| 4/22/2025 | Listing removed | $1,075 |
Source: Bright MLS #MDWA2027354 Report a problem | ||
| 4/11/2025 | Listed for rent | $1,075 |
Source: Bright MLS #MDWA2027354 Report a problem | ||
| 12/30/2024 | Sold | $425,000-5.6%$127/sqft |
Source:  Bright MLS #MDWA2023786 Report a problem | ||
| 11/13/2024 | Contingent | $450,000$135/sqft |
Source: Bright MLS #MDWA2023786 Report a problem | ||
| 8/30/2024 | Listed for sale | $450,000+25%$135/sqft |
Source: Bright MLS #MDWA2023786 Report a problem | ||
| 9/18/2023 | Sold | $360,000+227.3%$108/sqft |
Source: Bright MLS #MDWA2017688 Report a problem | ||
| 10/26/2015 | Sold | $110,000-56%$33/sqft |
Source: Public Record Report a problem | ||
| 11/8/2013 | Listing removed | $249,900$75/sqft |
Source: Keller Williams Excellence #WA8166877 Report a problem | ||
| 9/5/2013 | Price change | $249,900+19.1%$75/sqft |
Source: Keller Williams Excellence #WA8166877 Report a problem | ||
| 8/26/2013 | Listed for sale | $209,900$63/sqft |
Source: Keller Williams Excellence #WA8166877 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,688 -47.3% | $184,500 +10.4% |
| 2024 | $3,204 +11.6% | $167,133 +11.6% |
| 2023 | $2,871 +13.1% | $149,767 +13.1% |
| 2022 | $2,538 +2.8% | $132,400 +3.8% |
| 2021 | $2,470 +4% | $127,500 +4% |
| 2020 | $2,375 +4.2% | $122,600 +4.2% |
| 2019 | $2,280 | $117,700 |
| 2018 | $2,280 +59.8% | $117,700 |
| 2017 | $1,427 -57.3% | $117,700 -14.5% |
| 2016 | $3,343 | $137,600 -0.1% |
| 2015 | $3,343 | $137,700 |
| 2014 | $3,343 | $137,700 -5.6% |
| 2013 | -- | $145,800 |
| 2012 | -- | $145,800 |
| 2011 | -- | $145,800 -25.2% |
| 2010 | -- | $194,950 +14% |
| 2009 | -- | $171,082 +16.2% |
| 2008 | -- | $147,216 +19.3% |
| 2007 | -- | $123,350 +7.4% |
| 2006 | -- | $114,840 +8% |
| 2005 | -- | $106,330 +8.7% |
| 2004 | -- | $97,820 +2.5% |
| 2003 | -- | $95,470 +2.5% |
| 2002 | -- | $93,120 +2.6% |
| 2001 | -- | $90,770 |
Find assessor info on the county website
Neighborhood: 21740
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Nearby schools
GreatSchools rating
- 7/10Salem Avenue Elementary SchoolGrades: PK-5Distance: 0.7 mi
- 3/10Western Heights Middle SchoolGrades: 6-8Distance: 0.6 mi
- 4/10South Hagerstown High SchoolGrades: 9-12Distance: 2.2 mi
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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Estimated market value
$390,500
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Estimated market value
$390,500
- Maryland
- Washington County
- Hagerstown
- 21740
- 400 McDowell Ave
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