MLS: #MDWA2039522, Listed By: Roberto Gonzalez, RG Realty, Inc., Source:Bright MLS
429 N Locust Street
HAGERSTOWN, MD 21740
6
Bed
0
Bath
5,655Sqft
0.07Acre(Lot)
429-431 N Locust Street, a fully occupied, six-unit multifamily investment located in a well-established residential pocket just north of Downtown Hagerstown, Maryland. Built in 1918, this three-story brick building offers six spacious one-bedroom, one-bath units averaging approximately 942 square feet each notably larger than typical one-bedroom product in the market — with original character details throughout, including hardwood flooring, French pocket doors between principal rooms, bay windows, and radiator heat. The property is 100% leased to long-tenured residents, producing $64,980 in current annualized gross rent ($5,415/month). In-place rents average $902 per unit, roughly 10.8% below the current Hagerstown, MD average asking rent of $1,000 for a one-bedroom apartment, creating b
Property Details
Map
Map
What's Nearby
Nearby Areas
Features
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Bedroom Information
Total beds: 6 -
Interior Features
Appliances: Gas Water Heater -
Heating & Cooling
Has Heating: Yes Heating: Natural Gas, Steam Has Cooling: Yes Cooling: Window Unit(s), Electric
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Building Information
Year Built: 1918 Building Area Total: 5655 Construction Materials: Brick Pool Features: None Private Pool: No
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Lot Information
Lot Size Acres: 0.07 Lot Size Source: Assessor Lot Size Square Feet: 3250
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Listing Price Information
Listing Price: $600000
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Tax Information
Parcel Number: 2222016202 Tax Year: 2025 Annual Tax: $5991
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Parking Information
Other
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School Information
Elementary School:Junior High School: NORTHERNSenior High School: NORTH HAGERSTOWN -
Location Information
Direction: GPS WaterSource: Public
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Nearby Home Value
| Address | Estimate | Bed | Bath | Sq. Ft | Lot Size |
|---|---|---|---|---|---|
| 9947 Crossfield Road, Hagerstown, MD, 21740 | $675,000 | 8 | -- | 1,428 | 1,428 SqFt |
| 382 S Cleveland Avenue, Hagerstown, MD, 21740 | $650,000 | 7 | -- | 5,602 | 5,602 SqFt |
| 608 N Mulberry Street, Hagerstown, MD, 21740 | $379,900 | 6 | -- | 2,502 | 2,502 SqFt |
| 601-603 N Mulberry Street, Hagerstown, MD, 21740 | $389,900 | 4 | -- | 5,580 | 5,580 SqFt |
| 422 N Locust Street, Hagerstown, MD, 21740 | $284,990 | 3 | -- | 2,580 | 2,580 SqFt |
| 228 E Washington Street, Hagerstown, MD, 21740 | $275,000 | 3 | -- | 2,048 | 2,048 SqFt |
| 545-547 Frederick Street, Hagerstown, MD, 21740 | $199,000 | 6 | -- | 2,240 | 2,240 SqFt |
| 106 Randolph Avenue, Hagerstown, MD, 21740 | $279,000 | 3 | -- | 1,998 | 1,998 SqFt |
| 16 S Mulberry Street, Hagerstown, MD, 21740 | $525,000 | 6 | -- | 4,316 | 4,316 SqFt |
| 629 Oak Hill Avenue, Hagerstown, MD, 21740 | $1,175,000 | 12 | -- | 8,319 | 8,319 SqFt |
Similar Multifamily To 429 N Locust Street
Nearby For Sale
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ByOwner last updated this listing 08/20/2026 @ 14:08
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