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$499,900
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Property Description
Great positive cashflow investment opportunity! Well maintained 5 unit apartment building not far from beautiful City Park, Meritus Park, University of Maryland Hagerstown Campus, Barbara Ingram School of the Arts, Maryland Theatre, restaurants and more! This building is fully occupied and produces approximately $4,700 a month in income! Natural gas forced air heat! This property includes 2 buildings: front building has 3 units and the rear building has 2 units. Large backyard,. The owner will consider holding owner financing. Owner is also selling 311 Summit Ave with 6 units.
Full Property Details
Full Property Details for 419 Summit Ave
General
- Price: $499,900
- Taxes: $4,406 (2024)
- Status: Active
- Type: Apartment
- Source: BrightMLSMidAtlantic
- MLS ID: MDWA2031026
- Updated: 12/17/2025
- Added to Site: 143 day(s) ago
Business
- Business Type: Apartment Building
Parking
- Parking Type: On Street
Location
- Municipality: Hagerstown
- County: WASHINGTON
- Driving Directions: From I-70, take Exit 28 (MD-632 / Downsville Pike) toward Hagerstown. Continue straight into town, then turn left onto Summit Avenue. Follow to 419 Summit Ave.
- City Limits: Yes
School Information
- Elementary School: Bester
- Middle School: E. Russell Hicks School
- High School: South Hagerstown Sr
Heating & Cooling
- Cooling Type: None
- Heating Type: Forced Air
- Heating Fuel: Natural Gas
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Construction: Brick
- Building Size: 4524
- Year Built: 1922
- Year Built Source: Assessor
Unit Information
- # Tenants: Multiple
Lot Features
- Lot Size (Acres): 0.16
- Lot Size (Sq. Ft.): 6,840
- Lot Size Source: Assessor
- Zoning: RMOD
Financial Considerations
- Price Per Sq. Ft.: $110.5
- Assessment Year: 2025
- City/TownTax: $2,302
- City/TownTax Freq: Annually
- County Tax: $2,103
- County Tax Freq: Annually
- Tax w/Assessment: $230,000
- Tax Amount: $4,406
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
- Investment: Yes
Listed by Real Estate Today, Toby W Wantz
Get Pre-Approved Today
Schools
Schools serving 419 Summit Ave
School District:Washington County Public Schools, Williamsport, MD
| Name | Grades | Distance |
|---|---|---|
Bester Elementary School 385 Mill Street, Hagerstown, MD 21740 | PK-5 | 0.5 mi |
E. Russell Hicks Middle School 1321 South Potomac Street, Hagerstown, MD 21740 | 6-8 | 1.5 mi |
South Hagerstown High School 1101 South Potomac Street, Hagerstown, MD 21740 | 9-12 | 1.1 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 419 Summit Ave
Date
Details
Price
Change
Source
8/26/2025
Listed
$499,900
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
Tax History
Tax History for 419 Summit Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,101
—
$230,000
—
2023
$2,101
—
$229,833
—
2023
$2,101
—
$229,667
—
2022
$2,100
9%
$229,500
4%
2020
$1,922
-3%
$221,533
4%
2021
$1,988
3%
$213,567
4%
2020
$1,922
—
$205,600
—
2019
$1,922
—
$205,600
—
2018
$1,922
-10%
$205,600
-10%
2017
$2,136
—
$228,400
—
2016
$2,136
—
$228,400
—
2015
$2,136
-12%
$228,400
-12%
2014
$2,424
—
$259,200
—
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 419 Summit Ave
419 Summit Avenue, Hagerstown, MD 21740 (MLS# MDWA2031026) is a Apartment property. 419 Summit Avenue is currently listed for $499,900 and was received on August 26, 2025. Want to learn more about 419 Summit Avenue? 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.

