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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
Fix & Flip
Listed for sale 3 days ago
$ 227,500
ROI
28.9
Cash Flow/m
579- 6 Bed
- - Bath
- 3328 sft
814 Salem Ave #812, Hagerstown, MD, 21740
Rental Income
Listed for sale 4 days ago
$ 385,000
ROI
26.6Cash Flow/m
737- 6 Bed
- 2 Bath
- 2128 sft
135-137 Fairground Ave, Hagerstown, MD, 21740
Rental Income
$ 375,000
ROI
27.4Cash Flow/m
800- 7 Bed
- 3 Bath
- 3010 sft
813-815 W Washington St, Hagerstown, MD, 21740
Currently Rented
$ 429,900
ROI
21.4Cash Flow/m
194- 6 Bed
- - Bath
- 2992 sft
1529 Sherman Ave, 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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