Date
Details
Price
Change
Source
10/16/2025
Listed
$675,000
—
MLS
Disclaimer: Historical sales information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.
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1/8
$675,000
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Property Description
Turnkey Investment - Real Estate & Business with On/Off class D Liquor License! Discover a true value-add investment with Harman's Tavern, a well-established bar accompanied by a Class D Liquor License and income-producing residential and retail units. Spanning nearly 10,000 sq. ft., this mixed-use property offers EIGHT TOTAL UNITS, including retail space and spacious apartments - all currently occupied by long-term tenants. Untapped Income Potential! Rents have remained significantly below market value, as the current owner has never raised them. This presents a prime opportunity for immediate cash flow growth. The units are well-maintained, and with strategic updates, this property could see substantial appreciation. Whether you're looking to expand your portfolio or capitalize on the established business and rental income, this property is a rare find. 📞 Schedule your private tour today!
Full Property Details
Full Property Details for 500 Salem Ave
General
- Price: $675,000
- Taxes: $5,235 (2024)
- Status: Active
- Type: Single Family
- Source: BrightMLSMidAtlantic
- MLS ID: MDWA2032214
- Updated: 12/17/2025
- Added to Site: 95 day(s) ago
Parking
- Parking Type: On Street, Driveway
Location
- Municipality: Hagerstown
- County: WASHINGTON
- Driving Directions: GPS
- City Limits: Yes
School Information
- School District: Washington County Public Schools
Heating & Cooling
- Cooling Type: None
- Cooling Fuel: Electric
- Heating Type: Baseboard - Electric
- Heating Fuel: Electric
- Water Heater: Electric
Utilities
- Sewer: Public Sewer
- Water: Public
Structural Information
- Architectural Style: Other
- Structure Type: Detached
- Construction: Block, Brick
- Foundation: Brick/Mortar
- Square Feet: 9,165
- Sq. Ft. Source: Assessor
- Living Area: 9,165 Sq. Ft.
- Finished Above Grnd: 9,165 Sq. Ft.
- Year Built: 1900
- Year Built Source: Estimated
Lot Features
- Lot Size (Acres): 0.26
- Lot Size (Sq. Ft.): 11,240
- Lot Size Source: Assessor
- Zoning: RMED
Financial Considerations
- Price Per Sq. Ft.: $73.65
- City/TownTax: $2,736
- City/TownTax Freq: Annually
- Tax w/Assessment: $273,100
- Tax Amount: $5,235
- Tax Year: 2024
Disclosures and Reports
- Ownership: Fee Simple
Listed by RG Realty, Inc., Roberto G. Gonzalez
We Value Your Privacy
We Value Your Privacy
We Value Your Privacy
Listing agent
— 500 Salem Ave —
Roberto G. Gonzalez
RG Realty, Inc.
NMLS#: 1598647Get Pre-Approved Today
Schools
Schools serving 500 Salem Ave
School District:Washington County Public Schools, Williamsport, MD
| Name | Grades | Distance |
|---|---|---|
Salem Avenue Elementary School 1323 Salem Avenue, Hagerstown, MD 21740 | PK-5 | 0.8 mi |
Western Heights Middle School 1300 Marshall Street, Hagerstown, MD 21740 | 6-8 | 0.8 mi |
South Hagerstown High School 1101 South Potomac Street, Hagerstown, MD 21740 | 9-12 | 2 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 500 Salem Ave
Tax History
Tax History for 500 Salem Ave
Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,499
-3%
$273,100
-3%
2022
$2,585
10%
$282,500
4%
2020
$2,345
-4%
$271,933
4%
2021
$2,433
4%
$261,367
4%
2020
$2,345
—
$250,800
—
2019
$2,334
—
$249,667
—
2018
$2,324
—
$248,533
—
2017
$2,313
5%
$247,400
5%
2016
$2,210
5%
$236,333
5%
2015
$2,106
5%
$225,267
5%
2014
$2,003
—
$214,200
—
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 500 Salem Ave
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- Single Family
- Active
- Updated 2 days ago
- 3Beds
- 2Total Baths
- 2,842Sq. Ft.
- Single Family
- Active
- Updated 6 days ago
- 4Beds
- 3Total Baths
- 3,300Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 4Beds
- 3Total Baths
- 4,092Sq. Ft.
- Townhouse
- Active
- Updated 5 days ago
- 3Beds
- 3Total Baths
- 2,597Sq. Ft.
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- Single Family
- Active
- Updated 6 days ago
- 4Beds
- 2Total Baths
- 2,960Sq. Ft.
- Single Family
- Active
- Updated 3 hours ago
- 4Beds
- 3Total Baths
- 4,782Sq. Ft.
- Single Family
- Active
- Updated 1 day ago
- 3Beds
- 2Total Baths
- 4,100Sq. Ft.
- Single Family
- Active
- Updated 5 days ago
- 3Beds
- 2Total Baths
- 1,618Sq. Ft.
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500 Salem Avenue, Hagerstown, MD 21740 (MLS# MDWA2032214) is a Single Family property with 0 bedrooms and 0 full bathrooms. 500 Salem Avenue is currently listed for $675,000 and was received on October 16, 2025. Want to learn more about 500 Salem Avenue? Do you have questions about finding other Single Family real estate for sale in Hagerstown? You can browse all Hagerstown real estate or contact a Coldwell Banker agent to request more information.