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$625,000

  • For Sale
  • Active
  • Single Family
  • 3,556 Sq. Ft.
  • Updated 11 days ago
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Prime Multi-Family Investment - High Income, Low Maintenance Seize this exceptional opportunity to own a fully occupied, all-brick, six-unit property just minutes from downtown Hagerstown, currently generating $6,650+ in monthly rental income with potential to increase to full market rates. Each spacious unit offers approximately 700 sq ft of living space, separate electric meters (tenant-paid utilities), and updated replacement windows for improved energy efficiency. Built on a solid brick and masonry foundation, the property offers durability, ease of management, and long-term value. Located at the gateway to Hagerstown's Arts & Entertainment District, this property sits in a vibrant mixed-use neighborhood surrounded by residential and commercial growth-making it attractive to both local and out-of-town investors capitalizing on area revitalization. Turnkey, income-producing, and positioned for appreciation-don't miss your chance to secure a high-performing asset in a prime location.

Full Property Details for 505 W Church St

General

  • Price: $625,000
  • Taxes: $4,710 (2024)
  • Status: Active
  • Type: Single Family
  • Source: BrightMLSMidAtlantic
  • MLS ID: MDWA2030872
  • Updated: 1/6/2026
  • Added to Site: 156 day(s) ago

Parking

  • Parking Type: On Street

Location

  • Municipality: Hagerstown
  • County: WASHINGTON
  • Driving Directions: GPS
  • City Limits: Yes

School Information

  • School District: Washington County Public Schools

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

  • Architectural Style: Colonial
  • Structure Type: Detached
  • Construction: Brick
  • Foundation: Permanent, Block
  • Square Feet: 3,556
  • Sq. Ft. Source: Assessor
  • Living Area: 3,556 Sq. Ft.
  • Finished Above Grnd: 3,556 Sq. Ft.
  • Year Built: 1905
  • Year Built Source: Assessor

Lot Features

  • Lot Size (Acres): 0.05
  • Lot Size (Sq. Ft.): 2,200
  • Lot Size Source: Assessor
  • Zoning: RMED

Financial Considerations

  • Price Per Sq. Ft.: $175.76
  • Assessment Year: 2025
  • City/TownTax: $2,461
  • City/TownTax Freq: Annually
  • County Tax: $2,248
  • County Tax Freq: Annually
  • Tax w/Assessment: $262,600
  • Tax Amount: $4,710
  • Tax Year: 2024
  • Tax Total Finished Sq. Ft.: 3556

Disclosures and Reports

  • Ownership: Fee Simple

Listed by RG Realty, Inc., Roberto G. Gonzalez

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Listing agent

— 505 W Church St —

  • Roberto G. Gonzalez

    RG Realty, Inc.

Get Pre-Approved Today

Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

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Be ready to buy your new home!

with our affiliated lender
NMLS#: 1598647

Get Pre-Approved

Schools serving 505 W Church St

School District:Washington County Public Schools, Williamsport, MD
NameGradesDistance
Salem Avenue Elementary School
1323 Salem Avenue, Hagerstown, MD 21740
PK-50.8 mi
Western Heights Middle School
1300 Marshall Street, Hagerstown, MD 21740
6-80.8 mi
South Hagerstown High School
1101 South Potomac Street, Hagerstown, MD 21740
9-122 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 505 W Church St Get Price Alerts and Save Property

Date
Details
Price
Change
Source
9/15/2025
Price Reduced
$625,000
-7.41%
MLS
8/15/2025
Listed
$675,000
181.25%
MLS
4/29/2022
Sold
$240,000
—
Public Record
Get Price Alerts and Save Property
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 for 505 W Church St

Year
Property Taxes
Change
Tax Assessment
Change
2023
$2,094
—
$262,600
7%
2023
$2,094
—
$245,700
7%
2023
$2,094
8%
$228,800
8%
2022
$1,939
-4%
$211,900
—
2020
$2,030
3%
$211,900
—
2021
$1,973
-3%
$211,900
-2%
2020
$2,030
—
$217,100
—
2019
$2,030
—
$217,100
—
2018
$2,030
-1%
$217,100
-1%
2017
$2,057
6%
$220,000
6%
2016
$1,938
7%
$207,233
7%
2015
$1,818
7%
$194,467
7%
2014
$1,699
—
$181,700
—
View All
Disclaimer: Historical tax information is derived from public records provided by the county offices. Information is not guaranteed and should be independently verified.

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NMLS#: 1598647

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Listed by RG Realty, Inc., Roberto G. Gonzalez

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505 W Church Street, Hagerstown, MD 21740 (MLS# MDWA2030872) is a Single Family property with 0 bedrooms and 0 full bathrooms. 505 W Church Street is currently listed for $625,000 and was received on August 15, 2025. Want to learn more about 505 W Church Street? 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.

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