Multi Family Investment Properties for Sale in Hagerstown, MD
Listed for sale 3 days ago
$ 295,000
ROI
35.6
Cash Flow/m
1297- 11 Bed
- - Bath
- 2992 sft
628 N Prospect St #630, Hagerstown, MD, 21740
Currently Rented
Fix & Flip
Rental Income
$ 399,900
ROI
25.5Cash Flow/m
645- 5 Bed
- - Bath
- 12645 sft
135 E Franklin St, Hagerstown, MD, 21740
$ 289,900
ROI
26.4Cash Flow/m
533- 6 Bed
- 2 Bath
- 2296 sft
1320 Delaware Ln, Hagerstown, MD, 21740
Currently Rented
$ 325,000
ROI
32.0Cash Flow/m
1111- 9 Bed
- 4 Bath
- 4928 sft
45-47 E Antietam St, Hagerstown, MD, 21740
Why Invest in Hagerstown, Maryland?
Hagerstown, MD offers strong opportunities in **multi-family** investments with a cap rate of 7.4% and rental growth of 4.6%. Stable appreciation at 2% annually supports long-term holds. Multifamily vacancy remains low at 5.6%, indicating consistent demand. Average rents are rising amid a growing renter-occupied market. Positioned as an emerging market, it delivers reliable cash flow for investors.
8.5%
Avg. ROI
6.8%
Rental Yield
7.4%
Cap Rate
$1250/mo
Avg. Cash Flow
$1450/mo
Avg. Rent
2%
1Y Appreciation
Frequently Asked Questions
Multifamily cap rates stand at 7.4% as of Q2 2024. This attractive rate reflects strong investor interest in the emerging market. Demand from renters keeps vacancy low at 5.6%.
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