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$1,400,000 Just Listed
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Property Description
Rare Investment Opportunity - Solid Brick 10-Unit Building + Garage in Hagerstown's Arts District This is a prime opportunity to own a four-story, all-brick 10-unit apartment building with a freestanding 3-bay garage, located in the heart of Hagerstown's Arts & Entertainment District. Positioned on a 0.22-acre parcel totaling 9,745 sq ft, the building includes 12,736 sq ft of gross building area and features a mix of 9 residential units and 1 commercial unit, all with separate electric meters. The site is zoned CC-MU (City Center - Mixed Use), offering long-term flexibility and value for investors. The building is fully leased and located just blocks from the new multi-use sports and events facility, University of Maryland Hagerstown campus, and the Washington County Library. 🔑 Highlights: Fully occupied 10-unit building (9 residential / 1 commercial) Separate utility metering for all units Detached 3-bay garage on-site Located within Hagerstown's revitalization zone High visibility and walkable to key downtown amenities This property offers a stable rental income stream with future upside potential, a perfect fit for seasoned or new investors looking to grow their portfolio in a rapidly improving downtown market. 🢠Unit Mix - 10-Unit Building 5 units - 3 bedrooms / 1 bathroom 3 units - 1 bedroom / 1 bathroom 1 unit - 2 bedrooms / 1 bathroom 1 commercial unit Each unit is individually metered for electric, and the property includes a freestanding 3-bay garage for additional value or potential rental income.
Full Property Details
Full Property Details for 154-158 Potomac
General
- Price: $1,400,000
- Taxes: $7,937 (2025)
- Status: Active
- Type: Apartment
- Source: BrightMLSMidAtlantic
- MLS ID: MDWA2038446
- Updated: 7/9/2026
- Added to Site: 5 day(s) ago
Business
- Business Type: Apartment Building
Parking
- Total Spaces: 10
- Parking Type: Parking Lot, On Street
Location
- Municipality: Hagerstown
- County: WASHINGTON
- Subdivision: HAGERSTOWN
- Driving Directions: GPS
- City Limits: Yes
Heating & Cooling
- Cooling Type: Window Unit(s)
- Cooling Fuel: Electric
- Heating Type: Hot Water
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Building Size: 12736
- Year Built: 1900
- Year Built Source: Estimated
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.22
- Lot Size (Sq. Ft.): 9,745
- Lot Size Source: Assessor
- Zoning: CCMU
Financial Considerations
- Price Per Sq. Ft.: $109.92
- Tax w/Assessment: $402,500
- Tax Amount: $7,937
- Tax Year: 2025
Disclosures and Reports
- Ownership: Fee Simple
Listed by RG Realty, Inc., Roberto G. Gonzalez
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Schools
Schools serving 154-158 Potomac
School District:Washington County Public Schools, Williamsport, MD
| Name | Grades | Distance |
|---|---|---|
Bester Elementary School 385 Mill Street, Hagerstown, MD 21740 | PK-5 | 0.4 mi |
E. Russell Hicks Middle School 1321 South Potomac Street, Hagerstown, MD 21740 | 6-8 | 1.8 mi |
South Hagerstown High School 1101 South Potomac Street, Hagerstown, MD 21740 | 9-12 | 1.4 mi |
Disclaimer:
School attendance boundaries provided by ATTOM Data Solutions and are for reference only. Contact the school directly to verify enrollment eligibility.
Price & Sales History for 154-158 Potomac
Date
Details
Price
Change
Source
7/09/2026
Listed
$1,400,000
61.85%
MLS
3/11/2023
Sold
$865,000
—
Public Record
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 154-158 Potomac
Year
Property Taxes
Change
Tax Assessment
Change
2025
$3,667
—
$402,500
—
2023
$3,678
—
$402,233
—
2023
$3,678
—
$401,967
—
2022
$3,676
-3%
$401,700
—
2020
$3,790
1%
$401,700
—
2021
$3,739
-1%
$401,700
-1%
2020
$3,790
—
$405,400
—
2019
$3,790
—
$405,400
—
2018
$3,790
-1%
$405,400
-1%
2017
$3,840
20%
$410,700
20%
2016
$3,195
25%
$341,700
20%
2015
$2,550
34%
$283,667
39%
2014
$1,905
—
$203,700
—
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Estimate the Cost
Estimate the Cost for 154-158 Potomac
154-158 Potomac, Hagerstown, MD 21740 (MLS# MDWA2038446) is a Apartment property. 154-158 Potomac is currently listed for $1,400,000 and was received on July 09, 2026. Want to learn more about 154-158 Potomac? Do you have questions about finding other Apartment real estate for sale in Hagerstown? You can browse all Hagerstown real estate or contact a Coldwell Banker agent to request more information.

