Excellent investment opportunity at 600 & 602 Frederick Street in Hagerstown! This fully occupied multifamily property features four residential units, providing immediate rental income from day one. In addition to the residential units, the property includes eight garage bays—all currently rented—creating an additional and valuable income stream. With established tenants already in place and multiple sources of rental revenue, this property offers an attractive opportunity for investors looking to expand their portfolio. Conveniently located near shopping, dining, commuter routes, and other local amenities. Lease information, rental details, and financial records are available upon request. Please do not disturb the tenants; scheduled appointments are required.
Under contract
$398,000
600 Frederick St, Hagerstown, MD 21740
6beds
--baths
2,560sqft
Multi Family
Built in 1920
-- sqft lot
$399,100 Zestimate®
$155/sqft
$-- HOA
What's special
Eight garage bays
- 30 days
- 255
- 12
Zillow last checked:
Listing updated:
Listed by:
Morgan Muse 410-790-5082,
Corner House Realty (443) 499-3839
Source: Bright MLS,MLS#: MDWA2039156
Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 6
Basement
- Area: 0
Heating
- Radiator, Electric
Cooling
- None
Appliances
- Included: Oven/Range - Electric, Refrigerator, Electric Water Heater
- Laundry: None
Features
- Floor Plan - Traditional, Eat-in Kitchen, Kitchen - Table Space, Primary Bath(s)
- Basement: Exterior Entry,Partial,Rear Entrance,Unfinished,Walk-Out Access
- Has fireplace: No
Interior area
- Total structure area: 2,560
- Total interior livable area: 2,560 sqft
Property
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Exterior features: Lighting, Sidewalks, Street Lights
- Pool features: None
- Has view: Yes
- View description: City
Lot
- Size: 8,000 Square Feet
- Dimensions: 200 x 20
- Features: Corner Lot, Level
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2217013033
- Zoning: RMED
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Multi Family
Materials
- Other
- Foundation: Other
Condition
- New construction: No
- Year built: 1920
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Community
- Subdivision: Hagerstown
Location
- Region: Hagerstown
- Municipality: Hagerstown
Financial & listing details
- Price per square foot: $155/sqft
- Tax assessed value: $290,700
- Annual tax amount: $5,587
- Date on market: 8/20/2026
- Listing agreement: Exclusive Right To Sell
- Listing terms: Cash,Conventional,FHA,VA Loan
- Ownership: Fee Simple
- Total actual rent: 51900
- Road surface type: Black Top
Estimated market value
$399,100
$379,000 - $419,000
$1,268/mo
Price history
| Date | Event | Price |
|---|---|---|
| 8/24/2026 | Contingent | $398,000$155/sqft |
Source:  Bright MLS #MDWA2039156 Report a problem | ||
| 8/20/2026 | Listed for sale | $398,000+76.9%$155/sqft |
Source: Bright MLS #MDWA2039156 Report a problem | ||
| 11/7/2018 | Sold | $225,000$88/sqft |
Source: Public Record Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $2,592 -47.5% | $283,300 +9.9% |
| 2024 | $4,939 +11% | $257,667 +11% |
| 2023 | $4,448 +12.4% | $232,033 +12.4% |
| 2022 | $3,957 -0.6% | $206,400 +0.4% |
| 2021 | $3,982 +0.4% | $205,567 +0.4% |
| 2020 | $3,966 +0.4% | $204,733 +0.4% |
| 2019 | $3,950 +1.2% | $203,900 +1.2% |
| 2018 | $3,902 +61.8% | $201,433 +1.2% |
| 2017 | $2,411 -43% | $198,967 +1.3% |
| 2016 | $4,230 | $196,500 |
| 2015 | $4,230 | $196,500 |
| 2014 | $4,230 | $196,500 -4.5% |
| 2013 | -- | $205,800 |
| 2012 | -- | $205,800 |
| 2011 | -- | $205,800 -16.6% |
| 2010 | -- | $246,640 +13.4% |
| 2009 | -- | $217,436 +15.5% |
| 2008 | -- | $188,233 +18.4% |
| 2007 | -- | $159,030 +5.3% |
| 2006 | -- | $150,956 +5.7% |
| 2005 | -- | $142,883 +6% |
| 2004 | -- | $134,810 +1.8% |
| 2003 | -- | $132,482 +1.8% |
| 2002 | -- | $130,156 +1.8% |
| 2001 | -- | $127,830 |
Find assessor info on the county website
Monthly payment
Est. payment
Payment breakdown
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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.
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