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Unlock an exceptional investment opportunity with this fully occupied, single-story, four-unit apartment building. Designed for the savvy investor, this property perfectly aligns with the coveted 1% rule, offering a rare combination of consistent cash flow and strong market fundamentals. Each of the four units is currently leased, providing immediate income upon closing, with staggered lease expirations through early 2027 to ensure stability. For your peace of mind, all four units have been certified lead-free, and the property maintains a current city rental license. The building is efficient to manage and maintain. Utilities are set up for success, featuring separate electric meters for each tenant, while the owner provides water, sewer, and trash services. The interior and exterior benefit from recent capital improvements, including updated replacement windows and reliable electric baseboard heating. Accessibility and convenience are key features of this location, offering easy access to major interstates and nearby shopping centers. Tenants enjoy the convenience of both on-street parking and a dedicated off-street parking lot in the rear that accommodates four vehicles, complemented by alley access on both the side and rear of the lot. This turn-key asset represents a straightforward, income-generating addition to any portfolio. Detailed income and expense documentation is available for review, confirming that the numbers truly make sense on this one. Reach out today to schedule your viewing and secure this rare investment gem. Photos courteous of Gold Coast Real Estate Group, who currently manages the property and the owner is happy with their service. 48 hour showing notice required, allowing time to give tenants 24 hours notice.
Year Built:
1912
Days on Market:
2
Listing ID:
MDWA2037706
List Date:
June 19, 2026
Property Type:
Quadruplex
Architecture Style:
Ranch/Rambler
County:
WASHINGTON
Appliances:
Total Taxes:
$3,909
Courtesy of Pearson Smith Realty, LLC
This content was last updated on June 20, 2026 16:12
| Name | Type | Level | Grades | Address | |
|---|---|---|---|---|---|
South Hagerstown High School |
Public | High | 9-12 | 1101 S Potomac St, Hagerstown, MD 21740 | |
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District: Washington County Public Schools Grade Span: 9 - 12 Admission: Public Address: 1101 S Potomac St, Hagerstown, MD 21740 Phone: 301-766-8369 Website: http://www.wcps.k12.md.us/south_hagerstown_high/index.html Teachers: 96 Students: 1690 Ratio: 18:1 Students/Teacher Gender: 49% Male / 51% Female Lunch: 58% Free / 9% Reduced Student/Teacher ratioEnrollment |
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Western Heights Middle School |
Public | Middle | 6-8 | 1300 Marshall St, Hagerstown, MD 21740 | |
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District: Washington County Public Schools Grade Span: 6 - 8 Admission: Public Address: 1300 Marshall St, Hagerstown, MD 21740 Phone: 301-766-8403 Website: http://wcpsmd.com Teachers: 73 Students: 883 Ratio: 12:1 Students/Teacher Gender: 47% Male / 53% Female Lunch: 63% Free / 7% Reduced Student/Teacher ratioEnrollment |
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Salem Avenue Elementary School |
Public | Primary | PK-5 | 1323 Salem Ave, Hagerstown, MD 21740 | |
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District: Washington County Public Schools Grade Span: PK - 5 Admission: Public Address: 1323 Salem Ave, Hagerstown, MD 21740 Phone: 301-766-8313 Website: http://wcpsmd.com Teachers: 50 Students: 713 Ratio: 14:1 Students/Teacher Gender: 52% Male / 48% Female Lunch: 77% Free / 6% Reduced Student/Teacher ratioEnrollment |
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| Name | Type | Level | Grades | Address | |
|---|---|---|---|---|---|
Emmanuel Christian School |
Private | Combined Elementary/Secondary | PK-12 | 16221 National Pike, Hagerstown, MD 21740 | |
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Grade Span: PK - 12 Admission: Private Address: 16221 National Pike, Hagerstown, MD 21740 Phone: 301-582-0368 Teachers: 8 Students: 102 Ratio: 13:1 Students/Teacher Gender: 56% Male / 44% Female Student/Teacher ratioEnrollment |
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Grace Academy |
Private | Combined Elementary/Secondary | 1-12 | 13321 Cearfoss Pike, Hagerstown, MD 21740 | |
|
Grade Span: 1 - 12 Admission: Private Address: 13321 Cearfoss Pike, Hagerstown, MD 21740 Phone: 301-733-2033 Website: http://graceacademyonline.org/ Teachers: 37 Students: 286 Ratio: 8:1 Students/Teacher Gender: 45% Male / 55% Female Student/Teacher ratioEnrollment |
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Hagerstown Childrens School |
Private | Elementary | PK-KG | 22 N Mulberry St, Hagerstown, MD 21740 | |
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Grade Span: PK - KG Admission: Private Address: 22 N Mulberry St, Hagerstown, MD 21740 Phone: 301-739-6886 Teachers: 2 Students: 15 Ratio: 8:1 Students/Teacher Gender: 53% Male / 47% Female Student/Teacher ratioEnrollment |
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Heritage Academy |
Private | Combined Elementary/Secondary | PK-12 | 12215 Walnut Pt W, Hagerstown, MD 21740 | |
|
Grade Span: PK - 12 Admission: Private Address: 12215 Walnut Pt W, Hagerstown, MD 21740 Phone: 301-582-2600 Website: http://www.heritage-academy.net/ Teachers: 21 Students: 204 Ratio: 10:1 Students/Teacher Gender: 51% Male / 49% Female Student/Teacher ratioEnrollment |
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Highland View Academy |
Private | Secondary | 9-12 | 10100 Academy Dr, Hagerstown, MD 21740 | |
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Grade Span: 9 - 12 Admission: Private Address: 10100 Academy Dr, Hagerstown, MD 21740 Phone: 301-739-8480 Website: http://www.hva-edu.com/ Teachers: 7 Students: 92 Ratio: 12:1 Students/Teacher Gender: 51% Male / 49% Female Student/Teacher ratioEnrollment |
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Hillside Mennonite School |
Private | Combined Elementary/Secondary | 1-10 | 11610 Greencastle Pike, Hagerstown, MD 21740 | |
|
Grade Span: 1 - 10 Admission: Private Address: 11610 Greencastle Pike, Hagerstown, MD 21740 Phone: 301-223-6438 Teachers: 11 Students: 171 Ratio: 15:1 Students/Teacher Gender: 49% Male / 51% Female Student/Teacher ratioEnrollment |
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Mt Aetna Adventist School (Maas) |
Private | Elementary | KG-8 | 10207 Crystal Falls Dr, Hagerstown, MD 21740 | |
|
Grade Span: KG - 8 Admission: Private Address: 10207 Crystal Falls Dr, Hagerstown, MD 21740 Phone: 301-824-3875 Teachers: 9 Students: 119 Ratio: 13:1 Students/Teacher Gender: 55% Male / 45% Female Student/Teacher ratioEnrollment |
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Paradise Mennonite School |
Private | Combined Elementary/Secondary | 1-11 | 19308 Air View Rd, Hagerstown, MD 21742 | |
|
Grade Span: 1 - 11 Admission: Private Address: 19308 Air View Rd, Hagerstown, MD 21742 Phone: 301-733-1368 Teachers: 15 Students: 229 Ratio: 15:1 Students/Teacher Gender: 51% Male / 49% Female Student/Teacher ratioEnrollment |
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St James School |
Private | Secondary | 8-12 | 17641 College Rd, Hagerstown, MD 21740 | |
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Grade Span: 8 - 12 Admission: Private Address: 17641 College Rd, Hagerstown, MD 21740 Phone: 301-733-9330 Website: http://www.stjames.edu Teachers: 31 Students: 233 Ratio: 7:1 Students/Teacher Gender: 54% Male / 46% Female Student/Teacher ratioEnrollment |
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St Maria Goretti Catholic High School |
Private | Secondary | 9-12 | 18614 Crestwood Dr, Hagerstown, MD 21742 | |
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Grade Span: 9 - 12 Admission: Private Address: 18614 Crestwood Dr, Hagerstown, MD 21742 Phone: 301-739-4266 Website: http://www.goretti.org/ Teachers: 14 Students: 147 Ratio: 11:1 Students/Teacher Gender: 56% Male / 44% Female Student/Teacher ratioEnrollment |
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St Mary Catholic School |
Private | Elementary | PK-8 | 218 W Washington St, Hagerstown, MD 21740 | |
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Grade Span: PK - 8 Admission: Private Address: 218 W Washington St, Hagerstown, MD 21740 Phone: 301-733-1184 Website: http://www.stmarycatholicschool.org/ Teachers: 14 Students: 180 Ratio: 13:1 Students/Teacher Gender: 43% Male / 57% Female Student/Teacher ratioEnrollment |
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Truth Christian Academy |
Private | Combined Elementary/Secondary | PK-12 | 41 Bryan Cir, Hagerstown, MD 21740 | |
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Grade Span: PK - 12 Admission: Private Address: 41 Bryan Cir, Hagerstown, MD 21740 Phone: 301-733-0712 Teachers: 11 Students: 58 Ratio: 6:1 Students/Teacher Gender: 43% Male / 57% Female Student/Teacher ratioEnrollment |
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