15149 Bloyers Avenue Hagerstown, MD $ 2,890,000
15149 Bloyers Avenue
$ 2,890,000
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15149 Bloyers Avenue

Hagerstown, MD, 21740
$ 2,890,000
Bedrooms-- Baths-- Sq 9,859

Monthly Estimate*

$ 17,794

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Commercial Property for sale in Hagerstown, MD

for $2,890,000. This 9,859 square foot building was built in 1973 on a lot size of 2.72.

Turnkey 17-Unit Multifamily Investment | Fully Occupied | Renovated | Ideal for 1031 Exchange Rare opportunity to acquire a fully stabilized 17-unit multifamily asset consisting of four buildings. The property is 100% occupied and producing consistent rental income, making it an excellent option for investors seeking a stable, income-producing property or a potential replacement asset for a 1031 exchange. With extensive renovations already completed and professional management in place, this property offers a low-maintenance investment with immediate cash flow and long-term hold potential. Property Highlights Unit Mix (8) Two-Bedroom Units (8) One-Bedroom Units (1) Four-Bedroom Single-Family Home Stabilized Income All units are fully leased with strong occupancy, providing dependable rental income from day one. Major Capital Improvements Completed Extensive upgrades throughout the property include: New metal roofs on all buildings with a 30-year warranty Modernized interiors with LED recessed lighting, waterproof laminate flooring, updated trim, and redesigned kitchens Updated kitchens featuring premium cabinetry, countertops, and select stainless-steel appliances New septic system installed Improved landscaping and paved parking lot Investor Advantages Lead-free certification Professionally managed for a smooth ownership transition Significant capital improvements already completed Located in the county with no city taxes Positioned in a quiet county setting with convenient access to regional amenities and commuter routes, the property continues to support strong tenant demand and long-term occupancy. This fully occupied, stabilized multifamily asset is well-suited for investors seeking reliable income, portfolio growth, or a potential 1031 exchange replacement property.

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Commercial Active

Price

$ 2,890,000

Property Type

Commercial

Taxes

$ 7,801

Style

Apartment Building

Lot Size

2.72

Year Built

1973

Town/City

Hagerstown

County/Region

Washington

MLS | Web ID

MDWA2034974

Features
Interior
Heating Fuel Electric
Hot Water Electric
Heating Y/N Y
Central Air Y/N N
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General
Sewer On Site Septic
Heating Baseboard - Electric
Cooling Window Unit(s)
Possession Immediate
Zoning RV
Construction Materials Combination Frame Vinyl Siding
Year Built 1973
Property Subtype Five Or More Units
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Business Type Apartment Building
Accessibility None
County WASHINGTON
New Construction N
Property Type Commercial Sale
Water Access Y/N N
Status ACTIVE
Directions GPS
City HAGERSTOWN
Number Of Units Total 17
Lot Size Units Square Feet
Lot Size Square Feet 118483.00
Tax Annual Amount 7801.0
Property Condition Excellent
Price Per Sq Ft Total AG 293.13
Acceptable Financing Cash Conventional
Vacation Rental Y/N N
Standard Status Active
Year Built Source Estimated
Association Recreation Fee N
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Exterior
Parking Features Paved Parking
Water Source Well
Type of Parking Parking Lot Other
Water View Y/N N
Building Area Total 9859.00
Lot Size Acres 2.72
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 136000.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 15149
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* Excluded Features
List By
Rg Realty, Inc.

Broker

krystal@rgrealtyinc.com

Email

Affordability Calculator

$18,444
Per Month
96%
4%
0%
Monthly Principal & Interest
$17,794
Monthly Property Taxes
$650
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
2136830 Elementary School
2137124 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
3/26/2026$2,890,000 Listed Price

Map


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15149 Bloyers Avenue, Hagerstown, MD, 21740 is a Commercial Property for sale at $2,890,000 with 9,859 sqft and a lot size of 2.72. 15149 Bloyers Avenue was built in 1973. The property's zip code is 21740 which is in Hagerstown, MD