401 Jefferson Street, Hagerstown, MD 21740 - Photo 1

1/1

$754,800

Sold
Closed
Apartment

1/1

Property Description

INCREDIBLE INCOME-PRODUCING OPPORTUNITY! This investment property features two well-maintained four-unit apartment buildings, offering a total of eight 1-bedroom, 1-bathroom units. Each unit includes a kitchen, dining area, and living room. Currently, seven of the eight units are leased, providing immediate cash flow. The property also includes a coin-operated laundry facility with two washers and two dryers, offering added convenience for tenants and additional income for the owner. There is plenty of parking available with large on-site parking areas as well as on-street parking options. These buildings have been thoughtfully cared for, making this a truly turnkey investment. Opportunities like this are hard to find-don't miss your chance to own a solid, income-producing property! This property will be offered at auction on Tuesday May 13, 2025 @ 4:30pm. The List price in no way represents a minimum, starting, or acceptable bid.

Full Property Details

Full Property Details for 401 Jefferson St

General

Sold For: $754,800
Taxes: $7,006 (2024)
Status: Closed
Type: Apartment
Source: BrightMLSMidAtlantic
MLS ID: MDWA2028158
Added to Site: 278 day(s) ago

Business

Business Type: Apartment Building

Parking

Total Spaces: 16
Parking Type: Parking Lot, On Street, Driveway

Location

Municipality: Hagerstown
County: Washington
Driving Directions: Take Leitersburg Pike to Manila Ave then turn on Jefferson St, go .6 miles and turn left, property will be on the right.
City Limits: Yes

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

Structural Information

Construction: Brick, Vinyl Siding
Stories/Levels: 0
Year Built: 1984
Year Built Source: Assessor

Unit Information

# Tenants: Multiple

Lot Features

Lot Size (Acres): 0.52
Lot Size (Sq. Ft.): 22,800
Lot Size Source: Assessor
Zoning: RMED

Financial Considerations

Price Per Sq. Ft.: $147.55
Assessment Year: 2025
City/TownTax: $3,661
City/TownTax Freq: Annually
County Tax: $3,344
County Tax Freq: Annually
Tax w/Assessment: $369,700
Tax Amount: $7,006
Tax Year: 2024

Disclosures and Reports

Ownership: Fee Simple

Listed by Hurley Real Estate & Auctions, Kaleb M Hurley
Sold by Hurley Real Estate & Auctions, Matthew S Hurley

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Listing agent

— 401 Jefferson St —

Kaleb M Hurley

Hurley Real Estate & Auctions

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Schools

Schools serving 401 Jefferson St

School District:Washington County Public Schools, Williamsport, MD

Name	Grades	Distance
Pangborn Elementary School 195 Pangborn Boulevard, Hagerstown, MD 21740	PK-5	0.6 mi
Northern Middle School, Hagerstown, MD 701 Northern Avenue, Hagerstown, MD 21742	6-8	1.6 mi
North Hagerstown High School 1200 Pennsylvania Avenue, Hagerstown, MD 21742	9-12	1.4 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 401 Jefferson St

Date

Details

Price

Change

Source

7/02/2025

Sold

$754,800

-11.19%

MLS

4/15/2025

Listed

$849,900

—

MLS

Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

10134 Wilkes Dr, Williamsport, MD 21795 - Photo 1

Just Listed

$499,999

Open House

10134 Wilkes Dr Williamsport, MD 21795

Single Family
Active
Updated 5 days ago

4
Beds
3
Total Baths
3,300
Sq. Ft.

Listed by LPT Realty, LLC, Jay Day

10611 Oaktree Cir, Williamsport, MD 21795 - Photo 1

Just Listed

$399,900

10611 Oaktree Cir Williamsport, MD 21795

Single Family
Active
Updated 1 day ago

3
Beds
2
Total Baths
2,842
Sq. Ft.

Listed by Homecoin.com, Jonathan Minerick

50 St Paul St, Boonsboro, MD 21713 - Photo 1

Just Listed

$549,999

50 St Paul St Boonsboro, MD 21713

Single Family
Active
Updated 4 days ago

4
Beds
3
Total Baths
4,092
Sq. Ft.

Listed by JAK Real Estate, damian bruce prado

123 Headwaters Dr, Falling Waters, WV 25419 - Photo 1

Just Listed

$399,900

123 Headwaters Dr Falling Waters, WV 25419

Single Family
Active
Updated 27 minutes ago

3
Beds
2
Total Baths
1,727
Sq. Ft.

Listed by EXP Realty, LLC, Misty Hott Ernde

18023 Alpine Dr, Maugansville, MD 21767 - Photo 1

Price Reduced

-$5,000 (-1.25%)

$394,000

18023 Alpine Dr Maugansville, MD 21767

Single Family
Active
Updated 5 days ago

4
Beds
2
Total Baths
2,960
Sq. Ft.

Listed by EXP Realty, LLC, Veronica C Lopez

13212 John Martin Drive, Williamsport, MD 21795 - Photo 1

Price Reduced

-$2,800 (-0.53%)

$524,700

13212 John Martin Drive Williamsport, MD 21795

Single Family
Active
Updated 16 hours ago

3
Beds
2
Total Baths
4,100
Sq. Ft.

Listed by CENTURY 21 New Millennium, Ashley M. Miller

7613 Shenandoah Ct, Boonsboro, MD 21713 - Photo 1

Price Reduced

-$25,000 (-4%)

$599,900

7613 Shenandoah Ct Boonsboro, MD 21713

Single Family
Active
Updated 4 days ago

3
Beds
2
Total Baths
1,618
Sq. Ft.

Listed by RE/MAX Results, Lisa L Teach

300 Headwaters Dr, Falling Waters, WV 25419 - Photo 1

Price Reduced

-$4,501 (-1.17%)

$379,999

300 Headwaters Dr Falling Waters, WV 25419

Single Family
Active
Updated 1 day ago

4
Beds
3
Total Baths
2,222
Sq. Ft.

Listed by Berkshire Hathaway HomeServices PenFed Realty, Felicia Shaffer

11 Potomac St, Hagerstown, MD 21740 - Photo 1

Sold

$675,000

11 Potomac St #3 Hagerstown, MD 21740

Apartment
Closed

Listed by Young & Associates, Samantha Young
Sold by Non Subscribing Office, NON MEMBER

940 Oak Hill Ave, Hagerstown, MD 21742 - Photo 1

Sold

$740,000

940 Oak Hill Ave Hagerstown, MD 21742

Single Family
Closed

8
Beds
5
Total Baths
5,863
Sq. Ft.

Listed by Redfin Corp, Caron S Prideaux
Sold by RE/MAX Results, Kim Mozick

518 Reynolds Ave, Hagerstown, MD 21740 - Photo 1

Sold

$680,000

518 Reynolds Ave Hagerstown, MD 21740

Multi-Family
Closed

Listed by Roger Fairbourn Real Estate, Roger N Fairbourn
Sold by Marsh Realty, Craig P Marsh

1119-1121 Pennsylvania Ave, Hagerstown, MD 21742 - Photo 1

Sold

$685,000

1119-1121 Pennsylvania Ave Hagerstown, MD 21742

Duplex
Closed

1,972
Sq. Ft.

Listed by Sullivan Select, LLC., Cynthia R Sullivan and Sullivan Select, LLC., Mary Beth G Herrera
Sold by Real Estate Innovations, Alice J Guy

401 Jefferson Street, Hagerstown, MD 21740 (MLS# MDWA2028158) is a Apartment property that was sold at $754,800 on July 02, 2025. Want to learn more about 401 Jefferson Street? 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.

401 Jefferson St Hagerstown, MD 21740