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

$ 375,000
ROI
27.4
Cash Flow/m
800- 7 Bed
- - Bath
- 4480 sft
447-449 W Washington St, Hagerstown, MD, 21740

Rental Income
$ 435,000
ROI
23.3
Cash Flow/m
427- 6 Bed
- 3 Bath
- 1610 sft
113-117 119 Fairground Ave, Hagerstown, MD, 21740

$ 350,000
ROI
29.6
Cash Flow/m
955- 6 Bed
- - Bath
- 2547 sft
160 S Potomac St #158-1/2, Hagerstown, MD, 21740

Currently Rented
$ 220,000
ROI
27.9
Cash Flow/m
500- 4 Bed
- - Bath
- 1594 sft
829 Concord 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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