Available
$295,000(ARV: $440,000)70% of ARV

Washington County, Hagerstown, MD 21740

6 bd4 ba2,616 sfBuilt 2004

18 days ago

Gross spread$130,000

Description

HAGERSTOWN, MD DUPLEX | BUY & HOLD / BRRRR | 6 BED / 4 BATH | VACANT VALUE-ADD 13** Salem Ave, Hagerstown, MD 21740 Asking Price: $310,000 Estimated ARV: $430,000–$450,000 2 Units | Both Vacant Closing: November 17, 2026 Hagerstown multifamily investment opportunity featuring a 6-bedroom / 4-bathroom duplex with 2,616 SQFT. Both units offer 3-bedroom / 2-bathroom layouts, providing an opportunity for investors looking to renovate, establish new tenants, and generate rental income. Built in 2004 by the seller, the property reportedly has updated major systems and includes a 22' × 40' detached garage, offering potential additional value through storage, rental use, or possible ADU conversion, subject to approval. Property Snapshot Duplex — 2 Units Total Unit A: 3 Bed / 2 Bath — Vacant Unit B: 3 Bed / 2 Bath — Vacant 6 Bedrooms | 4 Bathrooms Total 2,616 SQFT Living Area Built in 2004 by Current Seller 22' × 40' Garage (~880 SQFT) One Unit Reportedly Vacant Since Last Year Condition Overview Property is reportedly in fair-to-good condition, with primarily cosmetic improvements needed. Flooring, Painting & Interior Updates Kitchen & Bathroom Modernization Potential Major Systems — Reportedly Up to Date Roof — Age Unknown, No Confirmed Leaks Reported HVAC & Electrical — Age and Functionality to Be Verified Additional 880 SQFT Garage — Potential Conversion Opportunity Buyer should independently verify all mechanical systems, structural condition, renovation requirements, legal duplex status, and feasibility of any proposed garage conversion. Buyer must conduct Due Diligence. Why Investors Should Look $310K acquisition vs. $430K–$450K projected ARV Approximately $120K–$140K gross spread before renovation & transaction costs Both units vacant — Opportunity to establish new leases Two 3BR / 2BA units provide flexible rental configurations 2,616 SQFT of existing living space

Price and status history

  1. $310,000 → $295,000−$15,000
    Oct 13, 2026 · 18d ago

Observed by our own harvest of the originating listing, not a public record.

$/sqft vs market

This deal$113/sqft
Market median$179/sqft
Difference−37% below

Median of 15 comparable listings matched on ZIP. A narrow sample moves a lot; read it as context, not as a valuation.

Property

Bedrooms6
Bathrooms4
Square feet2,616
Lot size9,757 sf
Year built2004
ConditionLight Rehab
OccupancyVacant
ParkingDriveway

Systems & condition

HeatingOther
Air conditioningCentral AC
FoundationOther

Self-reported by the seller. Not inspected.

Property information

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