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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
Currently Rented
Fix & Flip
Rental Income
+ 1 more
$ 239,999
ROI
35.0
Cash Flow/m
1017- 4 Bed
- - Bath
- 1835 sft
701 W Washington St, Hagerstown, MD, 21740
Rental Income
$ 285,000
ROI
36.9Cash Flow/m
1359- 6 Bed
- - Bath
- 2940 sft
109 Fairground Ave #111, Hagerstown, MD, 21740
Currently Rented
Rental Income
$ 247,000
ROI
27.1Cash Flow/m
504- 3 Bed
- - Bath
- 1607 sft
226 S Potomac St #228, Hagerstown, MD, 21740
$ 399,900
ROI
25.5Cash Flow/m
645- 4 Bed
- - Bath
- 5580 sft
601-603 N Mulberry 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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