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$295,000

115 E Franklin St E Hagerstown, MD 21740

2,684 sqft
0.06 acres
$110 / sqft
Multi-Family

Property details

About 115 E Franklin St E

Investor-Friendly 3-Unit Row Home in Prime Hagerstown Location. Don’t miss this cash-flowing, semi-detached row house in the heart of Hagerstown, MD—ideal for savvy investors or FHA house hackers looking to live in one unit while renting the others. This solidly built triplex features three self-contained units, all separately metered for electric, offering strong rental income and long-term upside. Unit 1: 2 beds, 1.5 baths | $995/mo | Lease through 6/30/2026 Unit 2: 2 beds, 1 bath | $1,050/mo | Lease through 11/30/2025 Unit 3: 1 bed, 1 bath | Vacant & recently renovated with modern finishes and brand-new appliances—move-in ready for a new tenant or owner-occupant. With two income-producing tenants already in place, this property offers immediate returns and a projected boost in income once the third unit is occupied. Whether you're an investor looking for a property that aligns with the 1% rule or a house hacker seeking offset living costs, this is a strong opportunity in a growing market. Schedule a tour and explore the potential today!

Highlights

Home typeTriplex
HeatingBaseboard
StatusComing Soon
(COMING SOON)
CoolingWindow Unit(s)
Size2,684 sqft
BasementYes
Lot size0.06 Acres
Year built1893
ParkingOn Street
MLS #MDWA2029914
ViewCity
Active DateJuly 18, 2025

Summary

  • Basement: Yes
  • Interior: Bathroom - Tub Shower, Kitchen - Efficiency
  • Private Pool: No
  • Parking: On Street
  • View: City
  • Architectural Style: Other
  • Heating: Baseboard
  • Cooling: Window Unit(s)
  • List Price: $295,000
  • Price/SqFt: $109
  • Directions: Follow I-70 W to US-40 W/U.S. Hwy 40 W/National Pike in Hagerstown. Take exit 32B from I-70, Drive to 115 E Franklin St/National Pike
  • Year Built: 1893
  • Living Area: 2,684 SqFt
  • Municipality: Hagerstown
  • Lot Size: 0.06 Acres
  • MLS Number: MDWA2029914
  • MLS Name: BRIGHT
  • Office Name: Pearson Smith Realty, LLC
  • Office Phone: (304) 315-2773
  • Office Email: listinginquires@pearsonsmithrealty.com
  • Listing Agent: Adam Morgan Brand
  • Agent Phone: (301) 514-3392
  • Agent Email: adambrandrealestate@gmail.com

IDX Information Deemed Reliable But Not Guaranteed. The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which participates, and is provided by BRIGHT through a licensing agreement.

The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on this website may no longer be available because they are under contract, have sold or are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose.

BRIGHT MLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually sold due to reporting errors. ©2025 BrightMLS. All rights reserved.
Data displayed may be a portion of, and not a complete set of all listings published in the MLS.
Last updated on: 7/15/2025, 10:45:40 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Price information

Property sales

We're sorry, we currently don't have property sales data for this listing.

Tax history

We're sorry, we currently don't have tax history data for this listing.

Nearby schools

3

Bester Elementary School

Public District PK-5

0.6 mi

385 Mill St

4

Pangborn Elementary School

Public District PK-5

0.9 mi

195 Pangborn Blvd

7

Potomac Heights Elementary School

Public District PK-5

1.5 mi

301 E Magnolia Ave

School ratings are a score out of 10, where 10 is the highest and 1 is the lowest.

All data from GreatSchools

Neighborhood

The neighbors living near this home have an average income of $33,910. Most Hagerstown, MD residents have annual incomes less than $<35k. Most families are single, no kids. Residents of this area typically have high school diploma education.

How much money do the neighbors make?

51%
<35k
36%
35k-100k
10%
100k-200k
3%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree
Masters Degree

What types of families live nearby?

49%
Single, No Kids
21%
Single, with Kids
18%
Married, No Kids
12%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

17%
<11 yrs old
8%
12-17 yrs old
27%
18-34 yrs old
41%
35-64 yrs old
7%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • SoccerSoccer
  • UFCUFC

Where do the neighbors shop?

  • BurlingtonBurlington
  • Forever 21Forever 21
  • Family DollarFamily Dollar

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Dominos PizzaDominos Pizza
  • Burger KingBurger King

What do the neighbors drive?

  • DodgeDodge
  • MazdaMazda
  • BuickBuick

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Rhythmic Contemporary HitsRhythmic Contemporary Hits
  • Adult StandardsAdult Standards
All data provided by Home Junction and Claritas

Similar homes for sale

Frequently asked questions

Living in Hagerstown, MD

Transportation in Hagerstown is facilitated by a combination of public transit options and well-maintained roadways that connect the city to surrounding areas. The public transportation system provides residents with access to essential services and employment centers. The community's walkability varies by neighborhood, with some areas offering more pedestrian-friendly environments than others. Ongoing initiatives aim to enhance the efficiency and accessibility of the city's transport infrastructure.

Residents of Hagerstown benefit from a robust selection of services, including a network of public and private schools that cater to a range of educational needs. The city is home to several healthcare facilities offering a spectrum of medical services, from primary care to specialized treatments. Public libraries serve as valuable community resources, and the local retail and dining establishments reflect the city's eclectic charm and cultural influences.

Hagerstown prides itself on a rich historical heritage and a vibrant cultural scene. The community's character is shaped by its numerous museums, theaters, and art galleries, which play a pivotal role in the city's social fabric. Annual events and festivals celebrate the area's history and diversity, fostering a sense of pride and togetherness among residents.

The housing landscape in Hagerstown is diverse, offering a mix of single-family homes, apartments, and townhouses to accommodate various preferences and lifestyles. Single-family homes are prevalent, reflecting a range of architectural styles from historic colonial to contemporary designs. The market is characterized by a blend of older homes with rich histories and newer constructions that cater to modern living standards.

About 115 E Franklin St E

The listing price of 115 E Franklin St E property is $295,000.

The property 115 E Franklin St E is a multi located in Hagerstown, Maryland, 21740.

Coming Soon: 115 E Franklin St E is Coming Soon. This listing has not previously been on the market, but will be on the market soon (no showings are allowed yet). A listing contract has been executed.

The nearby schools for 115 E Franklin St E are: Bester Elementary School (GreatSchools Rating 3/10), Pangborn Elementary School (GreatSchools Rating 4/10), Potomac Heights Elementary School (GreatSchools Rating 7/10), Western Heights Middle School (GreatSchools Rating 4/10), Northern Middle School (GreatSchools Rating 6/10), E. Russell Hicks Middle School (GreatSchools Rating 7/10), Barbara Ingram School for the Arts (GreatSchools Rating 9/10), North Hagerstown High School (GreatSchools Rating 6/10), South Hagerstown High School (GreatSchools Rating 4/10).

The property 115 E Franklin St E is 2,684 SqFt (source: MLS/tax record).

The year of construction for 115 E Franklin St E is 1893.

This home is located at 115 E Franklin St E in Hagerstown, MD and zip code 21740. This 2,684 square foot home, which was built in 1893, sits on a 0.06 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since July 14, 2025 and is currently priced at $295,000.

The inventory of homes for sale in Hagerstown, MD between May and June 2025 increased by 66.3%. While the average time on the market in June 2025 was 67 days, the median list price was $337,000.

From Rocket Homes Real Estate and based on county public records data.

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