Don’t miss this investment opportunity at 701 West Washington Street! This two-unit property with separate electric meters is ready to generate rental income. Each unit features 2 bedrooms and 1 full bathroom. The upper unit is currently rented for $1,250/month, while the lower unit is rented for $1,100/month. This property provides immediate cashflow. The main level boasts a bright living room, cozy dining room, and a fully functional kitchen. The upper level offers a second unit with privacy and flexibility. The detached one-car garage, alley access, and rear parking add convenience. Sold as-is and move-in ready, this property is a fantastic opportunity to own an income-generating gem in downtown Hagerstown!
For sale
$239,999
701 W Washington St, Hagerstown, MD 21740
4beds
--baths
1,835sqft
Duplex
Built in 1900
-- sqft lot
$236,700 Zestimate®
$131/sqft
$-- HOA
What's special
Detached one-car garageAlley accessFully functional kitchenRear parkingCozy dining room
- 162 days |
- 163 |
- 8 |
Zillow last checked:
Listing updated:
Listed by:
Petros Calomeris 301-606-7992,
L. P. Calomeris Realty 301-698-1958
Source: Bright MLS,MLS#: MDWA2033898
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Facts & features
Interior
Bedrooms & bathrooms
- Bedrooms: 4
Basement
- Area: 616
Heating
- Radiator, Oil
Cooling
- None
Appliances
- Included: Water Heater
Features
- Has fireplace: No
Interior area
- Total structure area: 2,451
- Total interior livable area: 1,835 sqft
Property
Parking
- Total spaces: 1
- Parking features: Garage Faces Front, On Street, Off Street, Detached
- Garage spaces: 1
- Has uncovered spaces: Yes
Accessibility
- Accessibility features: None
Features
- Pool features: None
Lot
- Size: 0.27 Acres
Details
- Additional structures: Above Grade, Below Grade
- Parcel number: 2203007839
- Zoning: RMED
- Special conditions: Standard
Construction
Type & style
- Home type: MultiFamily
- Architectural style: Colonial
- Property subtype: Duplex
Materials
- Brick
- Foundation: Permanent
Condition
- New construction: No
- Year built: 1900
Utilities & green energy
- Sewer: Public Sewer
- Water: Public
Community & HOA
Location
- Region: Hagerstown
- Municipality: Hagerstown
Financial & listing details
- Price per square foot: $131/sqft
- Tax assessed value: $123,600
- Annual tax amount: $2,437
- Date on market: 2/2/2026
- Listing agreement: Exclusive Right To Sell
- Ownership: Fee Simple
Estimated market value
$236,700
$225,000 - $249,000
$1,382/mo
Price history
| Date | Event | Price |
|---|---|---|
| 2/2/2026 | Listed for sale | $239,999$131/sqft |
Source:  Bright MLS #MDWA2033898 Report a problem | ||
| 1/1/2026 | Listing removed | $239,999$131/sqft |
Source: Bright MLS #MDWA2032046 Report a problem | ||
| 12/29/2025 | Price change | $239,9990%$131/sqft |
Source: Bright MLS #MDWA2032046 Report a problem | ||
| 10/11/2025 | Listed for sale | $240,000+58.9%$131/sqft |
Source: Bright MLS #MDWA2032046 Report a problem | ||
| 4/5/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 3/26/2024 | Listed for rent | $1,250$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 3/12/2024 | Listing removed | -- |
Source: Zillow Rentals Report a problem | ||
| 1/15/2024 | Listed for rent | $1,250$1/sqft |
Source: Zillow Rentals Report a problem | ||
| 5/19/2023 | Sold | $151,000+16.2%$82/sqft |
Source: Bright MLS #MDWA2014602 Report a problem | ||
| 5/2/2023 | Pending sale | $130,000$71/sqft |
Source: Bright MLS #MDWA2014602 Report a problem | ||
| 4/29/2023 | Listed for sale | $130,000$71/sqft |
Source: Bright MLS #MDWA2014602 Report a problem | ||
Public tax history
| Year | Property taxes | Tax assessment |
|---|---|---|
| 2025 | $1,131 -48.6% | $123,600 +7.6% |
| 2024 | $2,202 +8.2% | $114,867 +8.2% |
| 2023 | $2,035 +9% | $106,133 +9% |
| 2022 | $1,867 -0.2% | $97,400 +0.8% |
| 2021 | $1,872 +0.8% | $96,633 +0.8% |
| 2020 | $1,857 +0.8% | $95,867 +0.8% |
| 2019 | $1,842 | $95,100 |
| 2018 | $1,842 +59.8% | $95,100 |
| 2017 | $1,153 -49.7% | $95,100 -2.7% |
| 2016 | $2,290 | $97,700 |
| 2015 | $2,290 | $97,700 |
| 2014 | $2,290 | $97,700 -14.9% |
| 2013 | -- | $114,800 |
| 2012 | -- | $114,800 |
| 2011 | -- | $114,800 -31.7% |
| 2010 | -- | $168,160 +15.1% |
| 2009 | -- | $146,102 +17.8% |
| 2008 | -- | $124,046 +21.6% |
| 2007 | -- | $101,990 +13.2% |
| 2006 | -- | $90,116 +15.2% |
| 2005 | -- | $78,243 +17.9% |
| 2004 | -- | $66,370 +1.5% |
| 2003 | -- | $65,360 +1.6% |
| 2002 | -- | $64,350 +1.6% |
| 2001 | -- | $63,340 |
Find assessor info on the county website
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
GreatSchools rating
- 7/10Salem Avenue Elementary SchoolGrades: PK-5Distance: 0.8 mi
- 3/10Western Heights Middle SchoolGrades: 6-8Distance: 1 mi
- 4/10South Hagerstown High SchoolGrades: 9-12Distance: 1.8 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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