$675,000

505 W Church St Hagerstown, MD 21740

$8,016
Closing credit¹
3,556 sqft
0.05 acres
$190 / sqft
House

Property details

About 505 W Church St

Exceptional Investment Opportunity! Currently generating over $6,650 in monthly rental income with room to reach market rates, this fully-occupied, all-brick multi-family property near downtown Hagerstown is a solid asset for any portfolio. The building features six spacious units, approximately 700 sq ft each, with separate electric meters, making utilities tenant-responsible for simplified management. Constructed with a durable brick and masonry foundation and outfitted with new replacement windows for improved energy efficiency, generously-sized units designed to offer ample living space and privacy. Situated in a thriving, mixed-use neighborhood, the property is surrounded by a blend of residential and commercial establishments, appealing to both local and out-of-town investors who are actively revitalizing similar buildings in the area. Bonus Opportunity: Expand your investment with an additional six-unit property from the same seller, maximizing income potential in this high-demand area. Located at the entrance to Hagerstown’s arts and entertainment district, this turnkey property promises strong rental appeal and secure, long-term returns. Don’t miss this chance to acquire a low-maintenance, high-potential property in a prime location!

Highlights

Home typeOther
HeatingHot Water
StatusActive
(ACTIVE)
CoolingWindow Unit(s)
Size3,556 sqft
Lot size0.05 Acres
Year built1905
ParkingOff Street,Parking Lot,Other
MLS #MDWA2025614

Summary

  • Parking: Off Street,Parking Lot,Other
  • Architectural Style: Colonial
  • Heating: Hot Water
  • Cooling: Window Unit(s)
  • List Price: $675,000
  • Price/SqFt: $189
  • Annual Tax Amount: $2,093
  • Tax Year: 2024
  • Directions: GPS
  • Year Built: 1905
  • Living Area: 3,556 SqFt
  • Municipality: Hagerstown
  • Lot Size: 0.05 Acres
  • MLS Number: MDWA2025614
  • MLS Name: BRIGHT
  • Office Name: RG Realty, Inc.
  • Office Phone: (240) 203-6393
  • Listing Agent: Roberto G. Gonzalez
  • Agent Phone: (301) 991-0207
  • Agent Email: roberto@rgrealtyinc.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: 5/21/2025, 4:20:55 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

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505 W Church St, Hagerstown, MD 21740 - view of property featuring cooling unit

$675,000

505 W Church St

$8,016

closing credit¹

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0.5% sale price²

Price information

Property sales

DateEventPrice
Nov 16, 2022
Home Sold
$240,000
May 09, 2022
Home Sold
$182,500

Tax history

YearAssessmentProperty Tax
2024$245,700$2,093
2023$228,800$2,093
2022$211,900$1,938
2021$211,900$2,029
2020$211,900$1,972
2019$217,100$2,029
2018$217,100$2,029
2017$217,100$2,029

History based on county public records data.

Nearby schools

7

Salem Avenue Elementary School

Public District PK-5

0.8 mi

1323 Salem Ave

3

Bester Elementary School

Public District PK-5

1.1 mi

385 Mill St

9

Fountaindale Elementary School

Public Magnet PK-5

1.5 mi

901 Northern 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 $40,094. The majority of Hagerstown, MD residents have income between $35k-100k annually. The most common type of family is single, no kids. Most residents in this area have high school diploma education.

How much money do the neighbors make?

43%
<35k
53%
35k-100k
4%
100k-200k
0%
200k+

What level of education do the neighbors have?

High School Diploma
Post Secondary Degree

What types of families live nearby?

43%
Single, No Kids
22%
Single, with Kids
20%
Married, No Kids
15%
Married, with Kids

Are the neighbors home owners or renters?

Home Owners
Renters

How old are people in this area?

21%
<11 yrs old
8%
12-17 yrs old
24%
18-34 yrs old
37%
35-64 yrs old
10%
65+ yrs old

What do the neighbors do for fun?

  • Pro BoxingPro Boxing
  • UFCUFC
  • NHRA Drag RacingNHRA Drag Racing

Where do the neighbors shop?

  • BurlingtonBurlington
  • Family DollarFamily Dollar
  • Big LotsBig Lots

Where do the neighbors go to eat?

  • PopeyesPopeyes
  • Burger KingBurger King
  • Golden CorralGolden Corral

What do the neighbors drive?

  • DodgeDodge
  • BuickBuick
  • KiaKia

What do the neighbors listen to?

  • Urban ContemporaryUrban Contemporary
  • Adult StandardsAdult Standards
  • Contemporary InspirationalContemporary Inspirational
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 505 W Church St

The listing price of 505 W Church St property is $675,000.

The property 505 W Church St is a house located in Hagerstown, Maryland, 21740.

Active Listing: 505 W Church St is For Sale (Active/New) which means the seller is accepting offers.

The nearby schools for 505 W Church St are: Salem Avenue Elementary School (GreatSchools Rating 7/10), Bester Elementary School (GreatSchools Rating 3/10), Fountaindale Elementary School (GreatSchools Rating 9/10), 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).

According to the records, the last property tax for 2024 is $2,093 (source: MLS/based on county public records data).

The last sale was on November 16, 2022 for $240,000 (source: MLS/tax record).

The property at 505 W Church St has 0 bathroom.

The property 505 W Church St is 3,556 SqFt (source: MLS/tax record).

The year of construction for 505 W Church St is 1905.

This home is located at 505 W Church St in Hagerstown, MD and zip code 21740. This 3,556 square foot home, which was built in 1905, sits on a 0.05 acre lot. Features: 0 bathroom. It has been listed on Rocket Homes since November 13, 2024 and is currently priced at $675,000.

Between March and April 2025, Hagerstown, MD real estate market has seen increase in the number of listings by 73.8%. Listings spent 64 days on the market in April 2025, and had a median list price of $329,000 during the same period.

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

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