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$630,000
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Property Description
This fully occupied seven unit apartment building in Hagerstown is a solid multifamily investment. It is licensed with the City of Hagerstown, current on lead certification, and professionally managed. Recent improvements include a new roof in 2022 and upgraded electric service with new meters. The building offers one studio of about 500 square feet, two one bedroom apartments of about 615 square feet each, and four two bedroom apartments of about 850 square feet each, for a total of roughly 5,130 rentable square feet. A rear lot parks five vehicles, and a detached two car garage provides added income potential. The property sits on a 0.34 acre lot directly across from the new Hagerstown Multi Use Sports and Events Facility and two blocks from Downtown. It is within walking distance of the Entertainment and Arts District, the Washington County Free Library, and City Park, and is served by the public bus line. With consistent occupancy, strong renter demand in this submarket, and limited new multifamily supply, the asset offers reliable cash flow today and attractive long term appreciation potential in Hagerstown.
Full Property Details
Full Property Details for 133 Summit Ave
General
- Sold For: $630,000
- Taxes: $6,819 (2025)
- Status: Closed
- Type: Multi-Family
- Source: BrightMLSMidAtlantic
- MLS ID: MDWA2031348
- Added to Site: 133 day(s) ago
Parking
- Parking Type: Off Site, Other
Location
- Municipality: Hagerstown
- County: Washington
- Cross Streets: Antietam
- Driving Directions: GPS directly across the new Hagerstown Multi-use and Events Facility.
- Location Details: Downtown
- City Limits: Yes
School Information
- School District: Washington County Public Schools
- Middle School: E. Russell Hicks School
- High School: South Hagerstown Sr
Heating & Cooling
- Cooling Type: None
- Cooling Fuel: Electric
- Heating Type: Steam
- Heating Fuel: Natural Gas
- Water Heater: Natural Gas
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Info: Other
- Architectural Style: Other
- Structure Type: Detached
- Construction: Brick Front
- Foundation: Stone, Permanent, Brick/Mortar
- Stories/Levels: 3
- Square Feet: 6,846
- Sq. Ft. Source: Assessor
- Living Area: 5,206 Sq. Ft.
- Year Built: 1900
- Year Built Source: Assessor
- Property Condition: Excellent
Unit Information
- Other Units: Unit 1, Unit 2, Unit 4, Unit 5, Unit 3
- 1 Bedroom Units: 2
- 2 Bedroom Units: 4
Lot Features
- Lot Size (Acres): 0.34
- Lot Size (Sq. Ft.): 14,810
- Lot Size Source: Estimated
- Zoning: RMED
Financial Considerations
- Price Per Sq. Ft.: $145.79
- Assessment Year: 2025
- City/TownTax: $3,564
- City/TownTax Freq: Annually
- County Tax: $3,255
- County Tax Freq: Annually
- Tax w/Assessment: $404,000
- Tax Amount: $6,819
- Tax Year: 2025
- Terms: Standard Sale
- Tax Total Finished Sq. Ft.: 5206
Disclosures and Reports
- Ownership: Fee Simple
Listed by RG Realty, Inc., Roberto G. Gonzalez
Sold by Unrepresented Buyer Office, Unrepresented Buyer
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Schools
Schools serving 133 Summit Ave
School District:Washington County Public Schools, Williamsport, MD
| Name | Grades | Distance |
|---|---|---|
Bester Elementary School 385 Mill Street, Hagerstown, MD 21740 | PK-5 | 0.6 mi |
E. Russell Hicks Middle School 1321 South Potomac Street, Hagerstown, MD 21740 | 6-8 | 1.9 mi |
South Hagerstown High School 1101 South Potomac Street, Hagerstown, MD 21740 | 9-12 | 1.5 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 133 Summit Ave
Date
Details
Price
Change
Source
9/23/2025
Sold
$630,000
-17%
MLS
9/05/2025
Listed
$759,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
133 Summit Avenue, Hagerstown, MD 21740 (MLS# MDWA2031348) is a Multi-Family property that was sold at $630,000 on September 23, 2025. Want to learn more about 133 Summit Avenue? Do you have questions about finding other Multi-Family real estate for sale in Hagerstown? You can browse all Hagerstown real estate or contact a Coldwell Banker agent to request more information.

