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Price: $300K - 500K
Monthly Cash Flow: $1 - $3k+
Home Type: Single Family
Condo Investment Properties for Sale in Hagerstown, MD

Listed for sale 1 day ago
$ 159,900
ROI
24.4
Cash Flow/m
208- 2 Bed
- 1 Bath
- - sft
1016 Brinker 301 Dr #301, Hagerstown, MD, 21740

$ 159,000
ROI
25.9
Cash Flow/m
272- 2 Bed
- 2 Bath
- - sft
1635 Edgewood Pl Unit 201, Hagerstown, MD, 21740

$ 209,900
ROI
22.7
Cash Flow/m
170- 2 Bed
- 2 Bath
- 1045 sft
2007 Starlight Ln Unit 1A, Hagerstown, MD, 21740

$ 165,000
ROI
19.9
Cash Flow/m
5- 2 Bed
- 2 Bath
- - sft
1633 Edgewood Pl APT 201, Hagerstown, MD, 21740
Why Invest in Hagerstown, Maryland?
Hagerstown, MD offers strong opportunities for condo investors seeking steady cash flow and appreciation. With a multifamily cap rate of 7.4%, condos here deliver solid returns in a market with 4.6% rental growth. Average rents around $1,350 support reliable income while home values rise 2% annually. Low vacancy at 5.6% ensures high occupancy for condo rentals. Positioned near major highways, Hagerstown attracts commuters boosting demand.
8.5%
Avg. ROI
5.2%
Rental Yield
7.4%
Cap Rate
$450/mo
Avg. Cash Flow
$1350/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
Hagerstown condos offer 7.4% cap rates and 4.6% rental growth per recent data. Proximity to major employment centers ensures steady demand. Low vacancy at 5.6% supports reliable cash flow.
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