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$295,000
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Property Description
Multiple offers. All offers due 07/23, Wednesday at 9pm. Investor-Friendly 3-Unit Row Home in Prime Hagerstown Location. Don't miss this cash-flowing, semi-detached row house in the heart of Hagerstown, MD-ideal for savvy investors or FHA house hackers looking to live in one unit while renting the others. This solidly built triplex features three self-contained units, all separately metered for electric, offering strong rental income and long-term upside. Unit 1: 2 beds, 1.5 baths | $995/mo | Lease through 6/30/2026 Unit 2: 2 beds, 1 bath | $1,050/mo | Lease through 11/30/2025 Unit 3: 1 bed, 1 bath | Vacant & recently renovated with modern finishes and brand-new appliances-move-in ready for a new tenant or owner-occupant. With two income-producing tenants already in place, this property offers immediate returns and a projected boost in income once the third unit is occupied. Whether you're an investor looking for a property that aligns with the 1% rule or a house hacker seeking offset living costs, this is a strong opportunity in a growing market. Schedule a tour and explore the potential today!
Full Property Details
Full Property Details for 115 E Franklin St
General
- Sold For: $295,000
- Taxes: $3,173 (2025)
- Status: Closed
- Type: Triplex
- Source: BrightMLSMidAtlantic
- MLS ID: MDWA2029914
- Added to Site: 183 day(s) ago
Interior
- Interior Features: Bathroom - Tub Shower, Kitchen - Efficiency
Parking
- Parking Type: On Street
Location
- Municipality: Hagerstown
- County: Washington
- Driving Directions: Follow I-70 W to US-40 W/U.S. Hwy 40 W/National Pike in Hagerstown. Take exit 32B from I-70, Drive to 115 E Franklin St/National Pike
- City Limits: Yes
School Information
- School District: Washington County Public Schools
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
- Utility Description: Electric Available, Sewer Available, Water Available
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Structure Type: Twin/Semi-Detached
- Construction: Brick
- Basement: Yes
- Basement Entrance: Yes
- Basement Desc.: Partially Finished, Rear Entrance
- Foundation: Permanent
- Stories/Levels: 0
- Stories Description: Main
- Square Feet: 2,684
- Sq. Ft. Source: Assessor
- Living Area: 2,684 Sq. Ft.
- Year Built: 1893
- Year Built Source: Estimated
- Property Condition: Good
Unit Information
- Other Units: Unit 1, Unit 2, Unit 3
- 1 Bedroom Units: 1
- 2 Bedroom Units: 2
Lot Features
- Property View: City
- Lot Size (Acres): 0.06
- Lot Size (Sq. Ft.): 2,614
- Lot Size Source: Assessor
- Zoning: CCMU
Financial Considerations
- Price Per Sq. Ft.: $109.91
- City/TownTax: $1,821
- City/TownTax Freq: Annually
- County Tax: $1,515
- County Tax Freq: Annually
- Tax w/Assessment: $172,300
- Tax Amount: $3,173
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 2684
Disclosures and Reports
- Ownership: Fee Simple
Listed by Pearson Smith Realty, LLC, Adam Morgan Brand
Sold by RE/MAX Results, David McGuire
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Schools
Schools serving 115 E Franklin St
School District:Washington County Public Schools, Williamsport, MD
| Name | Grades | Distance |
|---|---|---|
Eastern Elementary School 1320 Yale Drive, Hagerstown, MD 21742 | 3-5 | 1.7 mi |
Ruth Ann Monroe Primary 1311 Yale Drive, Hagerstown, MD 21742 | PK-2 | 1.9 mi |
E. Russell Hicks Middle School 1321 South Potomac Street, Hagerstown, MD 21740 | 6-8 | 2.1 mi |
South Hagerstown High School 1101 South Potomac Street, Hagerstown, MD 21740 | 9-12 | 1.7 mi |
Disclaimer:
School attendance boundaries provided by Pitney Bowes and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 115 E Franklin St
Date
Details
Price
Change
Source
8/18/2025
Sold
$295,000
—
MLS
7/18/2025
Listed
$295,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
115 E Franklin Street, Hagerstown, MD 21740 (MLS# MDWA2029914) is a Triplex property that was sold at $295,000 on August 18, 2025. Want to learn more about 115 E Franklin Street? Do you have questions about finding other Triplex real estate for sale in Hagerstown? You can browse all Hagerstown real estate or contact a Coldwell Banker agent to request more information.

