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Sold for $550,000
  • $550,000

    505 W Church St, Hagerstown, MD 21740

    10beds
    --baths
    3,556sqft
    Multi Family
    Built in 1905
    -- sqft lot
    $550,000 Zestimate®
    $155/sqft
    $1,102 Estimated rent

    Home value

    $550,000

    $512,000 - $594,000

    $1,102/mo

    Zestimate® history
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    $1,102/mo

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    $3,312/mo

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    $3,312/mo

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    What's special

    Prime Multi-Family Investment – High Income, Low Maintenance Seize this exceptional opportunity to own a fully occupied, all-brick, six-unit property just minutes from downtown Hagerstown, currently generating $6,650+ in monthly rental income with potential to increase to full market rates. Each spacious unit offers approximately 700 sq ft of living space, separate electric meters (tenant-paid utilities), and updated replacement windows for improved energy efficiency. Built on a solid brick and masonry foundation, the property offers durability, ease of management, and long-term value. Located at the gateway to Hagerstown’s Arts & Entertainment District, this property sits in a vibrant mixed-use neighborhood surrounded by residential and commercial growth—making it attractive to both local and out-of-town investors capitalizing on area revitalization. Turnkey, income-producing, and positioned for appreciation—don’t miss your chance to secure a high-performing asset in a prime location.

    Zillow last checked:

    Listing updated:

    Listed by:

    Roberto Gonzalez 301-991-0207,

    RG Realty, Inc.

    Bought with:

    Drew Peters, WVS250304006

    Burch Real Estate Group, LLC

    Source: Bright MLS,MLS#: MDWA2030872MLS Logo

    Facts & features

    Interior

    Bedrooms & bathrooms
    • Bedrooms: 10
    Basement
    • Area: 0
    Heating
    • Hot Water, Electric
    Cooling
    • Window Unit(s), Electric
    Appliances
    • Included: Electric Water Heater
    Features
    • Has fireplace: No
    Interior area
    • Total structure area: 3,556
    • Total interior livable area: 3,556 sqft

    Property

    Parking
    • Parking features: On Street
    • Has uncovered spaces: Yes
    Accessibility
    • Accessibility features: None
    Features
    • Pool features: None
    Lot
    • Size: 2,200 Square Feet
    Details
    • Additional structures: Above Grade, Below Grade
    • Parcel number: 2225025695
    • Zoning: RMED
    • Special conditions: Standard

    Construction

    Type & style
    • Home type: MultiFamily
    • Architectural style: Colonial
    • Property subtype: Multi Family
    Materials
    • Brick
    • Foundation: Permanent, Block
    Condition
    • New construction: No
    • Year built: 1905

    Utilities & green energy

    • Sewer: Public Sewer
    • Water: Public

    Community & HOA

    Location
    • Region: Hagerstown
    • Municipality: Hagerstown

    Financial & listing details

    • Price per square foot: $155/sqft
    • Tax assessed value: $262,600
    • Annual tax amount: $4,710
    • Date on market: 8/15/2025
    • Listing agreement: Exclusive Right To Sell
    • Ownership: Fee Simple

    Price history

    DateEventPrice
    2/27/2026Sold$550,000-12%$155/sqft
    Source: Bright MLS #MDWA2030872 Report a problem
    2/10/2026Contingent$625,000$176/sqft
    Source: Bright MLS #MDWA2030872 Report a problem
    9/15/2025Price change$625,000-7.4%$176/sqft
    Source: Bright MLS #MDWA2030872 Report a problem
    8/15/2025Listed for sale$675,000$190/sqft
    Source: Bright MLS #MDWA2030872 Report a problem
    6/1/2025Listing removed$675,000$190/sqft
    Source: Bright MLS #MDWA2025614 Report a problem
    11/15/2024Listed for sale$675,000$190/sqft
    Source: Bright MLS #MDWA2025614 Report a problem

    Public tax history

    Tax history is unavailable.

    Neighborhood: 21740

    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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    Estimated market value
    $550,000
    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
    $550,000