Backup offers
$6,531 Closing Credit¹
#MDWA2026512, Roberto G. Gonzalez, Listing Office: RG Realty, Inc.
$675,000 List price
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)
(ACTIVE)
CoolingWindow Unit(s)
Size3,556 sqft
Lot size0.05 Acres
Year built1905
ParkingOff Street,Parking Lot,Other
MLS #MDWA2025614
Summary
- 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
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: 3/13/2025, 4:21:00 PM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.
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$675,000
505 W Church St
$8,016
closing credit¹
Sell your home with Rocket and save even more!
Seller rebate
0.5% sale price²
Price information
Property sales
| Date | Event | Price |
|---|---|---|
| Nov 16, 2022 | Home Sold | $240,000 |
| May 09, 2022 | Home Sold | $182,500 |
Tax history
| Year | Assessment | Property 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.
Neighborhood
The neighbors living near this home have an average income of $40,094. Residents of Hagerstown, MD typically earn between $35k-100k each year. Most families are single, no kids. Residents of this area typically 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 Boxing- UFC
NHRA Drag Racing
Where do the neighbors shop?
Burlington
Family Dollar
Big Lots
Where do the neighbors go to eat?
Popeyes
Burger King
Golden Corral
What do the neighbors drive?
Dodge
Buick
Kia
What do the neighbors listen to?
Urban Contemporary
Adult Standards
Contemporary Inspirational
All data provided by Home Junction and Claritas
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Frequently asked questions
Living in Hagerstown, MD
About 505 W Church St
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.
While more than 17 listings in Hagerstown, MD in February 2025 were sold above asking price, there were more than 11 listings sold at asking price, and more than 26 were sold below. The number of homes for sale in Hagerstown, MD increased by 8.2% between January and February 2025. While the average time on the market in February 2025 was 62 days, the median list price was $299,987.
From Rocket Homes Real Estate and based on county public records data.