382 S Cleveland Avenue Hagerstown, MD $ 650,000
382 S Cleveland Avenue
$ 650,000
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382 S Cleveland Avenue

Hagerstown, MD, 21740
$ 650,000
Bedrooms7 Baths0.0

Monthly Estimate*

$ 4,104

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Multi-Family Home for sale in Hagerstown, MD

for $650,000 with 7 bedrooms. This home was built in 1962 on a lot size of 0.25.

Prime Corner Location just behind the new Hagerstown SportsPlex/Field House! This exceptional mixed-use property offers outstanding investment potential with 3 income-producing residential apartments, 12 parking spaces, and 2 garages. The expansive first floor features 6 private office/exam rooms, 4 half bathrooms, and a kitchen. Previously operated as a daycare and, before that, as a medical office, this versatile space is ideal for a wide range of commercial uses, including professional offices, medical practices, educational facilities, and more. It may also offer the opportunity to be converted into additional residential units, subject to buyer verification and approval. Buyers are encouraged to perform their own due diligence with the City of Hagerstown regarding zoning, permitted uses, and redevelopment possibilities. The upper level consists of 3 residential apartments, providing immediate rental income and multiple revenue streams. The building is also equipped with a sprinkler system, adding value and flexibility for future use. Located in one of Hagerstown's fastest-growing commercial and entertainment districts, this corner property offers excellent visibility, easy access, and tremendous long-term appreciation potential. Whether you're an investor looking to expand your portfolio, an owner-occupant seeking business space with rental income, or a developer exploring future opportunities, this property delivers exceptional versatility and value. Don't miss this rare opportunity to own a high-income mixed-use property in one of Hagerstown's most desirable growth areas!

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Multi-Family Coming Soon

Price

$ 650,000

Bedrooms

7

Property Type

Multi-Family

Taxes

$ 5,023

Style

Lot Size

0.25

Year Built

1962

Town/City

Hagerstown

County/Region

Washington

MLS | Web ID

MDWA2038732

Features
General
Living Area 5602
Sewer Public Sewer
Heating Central
Cooling Window Unit(s)
Possession Immediate
Zoning RMED
Architectural Style Other
Construction Materials Brick
School District WASHINGTON COUNTY PUBLIC SCHOOLS
Year Built 1962
Property Subtype Other
Tax Year 2025
Ownership Fee Simple
Cool Fuel Electric
Municipality Hagerstown
Accessibility Other
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 COMING SOON
Directions Google maps
City HAGERSTOWN
Number Of Units Total 4
Lot Size Units Square Feet
Lot Size Square Feet 10695.00
Tax Annual Amount 5023.0
Home Warranty Y/N N
Two Bedroom 2
Structure Type Detached
Price Per Sq Ft Total AG 116.03
Vacation Rental Y/N N
Standard Status Coming Soon
Year Built Source Assessor
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Interior
Heating Fuel Electric
Hot Water Electric
Furnished Units None
Basement (Y/N) N
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 Parking Lot
Foundation Details Other
Water View Y/N N
Lot Size Acres 0.25
Lot Size Source Assessor
Waterfront Y/N N
Land Assessed Value 45400.00
Navigable Water Y/N N
Water Oriented Y/N N
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Internal Only
Street Number 1 382
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* Excluded Features
List By
Exp Realty, Llc

Broker

diazyahaira29@gmail.com

Email

Affordability Calculator

$4,523
Per Month
91%
9%
0%
Monthly Principal & Interest
$4,104
Monthly Property Taxes
$419
Monthly Home Insurance
--
Default based on a 30-year fixed rate of 6.49% 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
3533423 Middle School
Unknown High School High School
Pricing History
DatePricePrice ChangeDescription
7/17/2026$650,000 Listed Price

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382 S Cleveland Avenue, Hagerstown, MD, 21740 is a Multi-Family Home for sale at $650,000 with a lot size of 0.25. 382 S Cleveland Avenue has 7 bedrooms, 0.0 baths, and was built in 1962. The property's zip code is 21740 which is in Hagerstown, MD