3 months on rocket

Backup Offers

400 Mcdowell Ave, Hagerstown, MD, 21740

$450,000

Home List Price

$5,344*

Closing Credit

0 Baths
3,342 SqFt
$135/SqFt
Multi

Location

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400 Mcdowell Ave, Hagerstown$450,000

Buyer Closing Credits

$5,344*

1.25% Loan Amount

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Property Highlights

Home TypeQuadruplex
ParkingOn Street
Year Built1914
HeatingForced Air
CoolingNone
MLS #MDWA2023786
Lot Size0.10 Acres
StatusAccepting Backup Offers
(ACTIVE UNDER CONTRACT)

About 400 Mcdowell Ave

4 Unit building in downtown Hagerstown, MD. Great investment opportunity. Current occupancy: 100% tenant occupied as of 9/3/2024. Updates made: Roof is only 9 years old, Updated Electric Wiring and Breakers, Rental Inspections are current and on file with the City, MD Lead Inspection Certifications available, 2 Gas Water Heaters, 2 Electric Water Heaters, Quarterly Exterminator Visits (Tenants assist with $25 per quarter / units, basement, and perimeter), Doorbells for each unit, Exterior cameras on-site on each corner of building, Digital lock for front door, Top 2 units have ceiling fans, Central wifi for upper units and cameras, No in-house laundry for tenants but available to add.

Property Details

Property Features

Property Information:

  • Architectural Style: Colonial
  • Year Built: 1914
  • Living Area: 3,342 SqFt

Listing Office:

  • Office Name: Cardinal Realty Group Inc.
  • Office Phone: (304) 616-0076
  • Listing Agent: Rhiannon Marie Crawford

Exterior Features

Parking Information:

  • Parking: On Street

Lot Features

Lot Information:

  • Lot Size: 0.10 Acres

Utilities

Utilities Information:

  • Heating: Forced Air
  • Cooling: None

Other

Directions Information:

  • Directions: From I81 NB Take exit 7A to merge onto MD-58 E/Salem Ave toward Hagerstown. Turn left onto Rhode Island Ave. Turn right onto Marshall St. Turn left onto Linganore Ave. Turn right onto Carr St. Turn right onto McDowell Ave.

Municipality:

  • Hagerstown

Price Information

Listing Price Info

Price Summary:

  • List Price: $450,000
  • Price Per SqFt: $135/SqFt

Tax Information:

  • Annual Amount: $1,100
  • Tax Year: 2021
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Housing Market Comparison

See how this home compares to others in Hagerstown, MD.

Med. Sold Price

$295.4K

Med. Price/SqFt

$164

Avg. Days On Market

24

# of Sold Homes

78

400 Mcdowell Ave vs Hagerstown

96 DAYS ON ROCKET

+72 Days

$450,000

+$154.6K More

$135/SqFt

-$30 Less

KEY TAKEAWAY

This property is $154.6K more than the Median Sold Price and $30/SqFt less than other homes in Hagerstown, MD.

Based on homes sold in the last 12 months

MLS Details

MLS Information:

  • MLS Name: BRIGHT
  • MLS Number: #MDWA2023786

Listing Office:

  • Office Name: Cardinal Realty Group Inc.
  • Office Phone: (304) 616-0076
  • Listing Agent: Rhiannon Marie Crawford

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. ©2024 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: 11/24/2024, 1:20:49 AM Eastern. If you have any questions regarding the accuracy of this data, please contact us at help@rockethomes.com.

Property Sales & Tax

Listing History

Oct 26, 2015Home Sold
$110,000

Tax History

YEARPROP. TAXASSESSMENT
2021$1,100$127,500
2020$1,141$122,600
2019$1,100$117,700
2018$1,100$117,700
2017$1,100$117,700

History based on county public records data.

Payment Calculator

$2,313

Per Month

Recommended Financing

30-Year Fixed

Rate/APR

7.5% / 6.68%

Total Monthly Payment

$1,416

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Schools

Schools Nearby

The school rating is a score out of 10, where 10 is the highest and 1 is the lowest. Assigned schools have a bold outline.

Nearby Schools

school-card-donut-1038964
7
/10
  • Salem Avenue Elementary School

  • 1323 Salem Ave

  • 0.70 miles

  • Public District Grades PK-5

school-card-donut-1038965
10
/10
  • Fountaindale Elementary School

  • 901 Northern Ave

  • 1.27 miles

  • Public Magnet Grades PK-5

school-card-donut-1038966
3
/10
  • Bester Elementary School

  • 385 Mill St

  • 1.28 miles

  • Public District Grades PK-5

Neighborhood

What Are The Neighbors Like?

The neighbors living near this home have an average income of $29,091. Residents of Hagerstown, MD typically earn less than $35k each year. Most families are single, no kids. The majority of residents in this area have high school diploma education.

All data provided by Home Junction and Claritas

Living In Hagerstown, MD

Content displayed has been generated by an AI model trained on a diverse range of data. While efforts have been made to ensure the quality and reliability of the content, there may be limitations or inaccuracies. The content should not be considered as a substitute for professional advice, and we recommend consulting with appropriate experts and independent sources for specific information or guidance. We assume no responsibility for any consequences arising from the use of this content.

Types of housing in Hagerstown, MD.

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.

What is it like to live in Hagerstown, MD?

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.

Is it easy to get around Hagerstown, MD without a car?

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.

Transportation 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.

Rocket HomesMarylandWashington CountyHagerstown21740400 Mcdowell Ave

This home is located at 400 Mcdowell Ave in Hagerstown, MD and zip code 21740. This 3,342 square foot home, which was built in 1914, sits on a 0.10 acre lot. It has been listed on Rocket Homes since August 19, 2024 and is currently priced at $450,000.

In October 2024, from all listings sold in Hagerstown, MD there were more than 20 sold above asking price, over 30 sold below and more than 28 were sold right at the asked price. The inventory of homes for sale in Hagerstown, MD between September 2024 and October 2024 increased by 9.5%. In October 2024, listings were on the market for 24 days. During the same period, the median list price in this real estate market was $295,400.

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

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