821 Concord Street Hagerstown, MD $ 360,000
821 Concord Street
$ 360,000
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821 Concord Street

Hagerstown, MD, 21740
$ 360,000
Bedrooms6 Baths0.0

Monthly Estimate*

$ 2,217

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Multi-Family Home for sale in Hagerstown, MD

for $360,000 with 6 bedrooms. This home was built in 1923 on a lot size of 0.14.

Per the sellers request, showings are limited to serious buyers only, and all prospective buyers must be pre-approved prior to scheduling. Turn-Key Duplex Investment with Strong Cash Flow Located at 821823 Concord Street, this well-maintained duplex offers a solid, stabilized investment opportunity with strong cash flow and built-in rent growth. The property consists of two large residential units, each configured as 3 bedrooms and 1.5 bathrooms, a highly desirable layout that supports long-term tenant demand. The 821 unit is leased at a current rent of $1,648 per month, with scheduled increases to $1,697 and $1,748 in future lease years. The 823 unit is leased at $1,576 per month. Both tenants are responsible for their own utilities, resulting in a clean and efficient operating structure for ownership. For 2025, the property generated total rental income of $37,927.74, with no additional income sources reported. Operating expenses were well controlled at $7,895.20, consisting primarily of property taxes, insurance, and routine repairs and maintenance. As a result, the property produced a Net Operating Income of $30,032.54, reflecting a strong operating margin and cash flow equal to NOI. Both units are occupied by reliable tenants under long-term leases with scheduled rent escalations, providing predictable income and reduced turnover risk. There is no deferred maintenance, allowing a new owner to step into a stabilized, low-maintenance asset from day one. Overall, 821823 Concord Street represents a clean, turn-key duplex investment with strong cash flow, tenant-paid utilities, contractual rent growth, and long-term appreciation potential, well suited for investors focused on dependable income and portfolio growth.

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Multi-Family Active

Price

$ 360,000

Bedrooms

6

Property Type

Multi-Family

Taxes

$ 2,887

Style

Colonial

Lot Size

0.14

Year Built

1923

Town/City

Hagerstown

County/Region

Washington

MLS | Web ID

MDWA2034352

Features
General
Living Area 2032
Sewer Public Sewer
Heating Forced Air
Cooling Other
Possession Immediate
Zoning RMED
Architectural Style Colonial
Construction Materials Vinyl Siding
School District WASHINGTON COUNTY PUBLIC SCHOOLS
Year Built 1923
Property Subtype Duplex
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality Hagerstown
Section 3
Accessibility Doors - Swing In
County WASHINGTON
New Construction N
Property Type Multi-Family
Garage Y/N N
Water Access Y/N N
Other Structures Above Grade Below Grade
Status ACTIVE
Directions GPS
City HAGERSTOWN
Number Of Units Total 2
Lot Size Units Square Feet
Lot Size Square Feet 6000.00
Tax Annual Amount 2887.0
Two Bedroom 0
Structure Type Twin/Semi-Detached
Price Per Sq Ft Total AG 177.17
Acceptable Financing Cash Conventional FHA
Vacation Rental Y/N N
Standard Status Active
Year Built Source Assessor
Tax Lot 52
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Interior
Heating Fuel Natural Gas
Basement Other
Hot Water Electric
Basement (Y/N) Y
Heating Y/N Y
Fireplace Y/N N
Central Air Y/N N
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Exterior
Pool No Pool
Water Source Public
Type of Parking On Street
Foundation Details Permanent
Water View Y/N N
Lot Size Acres 0.14
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 35000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 821
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* Excluded Features
List By
Rg Realty, Inc.

Broker

roberto@rgrealtyinc.com

Email

Affordability Calculator

$2,457
Per Month
90%
10%
0%
Monthly Principal & Interest
$2,217
Monthly Property Taxes
$241
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.25% with 20% down. The estimated payment is offered for convenience and is not an offer of credit. Due to market fluctuations, interest rates are subject to change at any time and without notice. Your individual rate may vary. Rates may differ for FHA, VA or jumbo loans.
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Nearby
3533158 Elementary School
3534878 Middle School
South Hagerstown Sr High School High School
Pricing History
DatePricePrice ChangeDescription
2/17/2026$360,000 Listed Price

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821 Concord Street, Hagerstown, MD, 21740 is a Multi-Family Home for sale at $360,000 with a lot size of 0.14. 821 Concord Street has 6 bedrooms, 0.0 baths, and was built in 1923. The property's zip code is 21740 which is in Hagerstown, MD