228 E WASHINGTON STREET, HAGERSTOWN, MD 21740
WASHINGTON County
Key Facts
Description
OWNER FINANCING AVAILABLE TO QUALIFIED BUYERS- Well-maintained solid brick over-under duplex offering flexibility for both owner occupants and investors. The lower unit is currently designated for commercial use and is fully equipped with a kitchen and full bathroom, making it ideal for a small business or flexible mixed-use setup. An owner can live in the upper unit while operating a business below, creating a practical live and work opportunity. Due to the commercial component, FHA financing is not eligible. The property also presents the potential, subject to approvals, to convert the lower level to full residential use, further expanding its income potential. The upper unit offers a spacious three-bedroom, one-bath layout with several updates, including a remodeled bathroom and updated flooring throughout. The property has been well maintained and includes major improvements such as a roof replaced in 2019, a new heat pump installed in June 2025, and a new hot water heater in 2025. A large, privacy fenced yard adds to the overall appeal. Centrally located with excellent accessibility, this property provides multiple strategies, whether for owner occupancy, rental income, or mixed-use, with strong long-term upside.
Property Information
Property Type
Residential Income
Sub-Type
Duplex
Structure Type
House
Year Built
1895
Living Area
3,072 sq ft
Lot Size
0.15 acres
Zoning
CCMU
Days on Market
98
MLS® Listing#
MDWA2035248
Property Features
Appliances
Cooling
Heating
Basement
Pool
Parking
Construction
Foundation
Sewer
Water Source
Schools
- High:
- SOUTH HAGERSTOWN SR
- District:
- WASHINGTON COUNTY PUBLIC SCHOOLS
Financial Details
Annual Taxes
$4,185
Tax year 2025
Assessed Value
$230,500
Parcel Number
2222016164
Directions
gps
Affordability Calculator
$55,000
Estimated monthly payment
$1,464/mo
Principal $220,000 · Est. interest $306,920 over 30 yrs
Neighborhood Market Statistics
How this home compares to active listings in HAGERSTOWN, MD
- $331,765
- Median Listing Price
- 59
- Median Days on Market
- 1,731
- Median Sq Ft
- $178
- Median Price / Sq Ft
- 320
- Active Listings
- This home’s price is 17% below the area median.
- Its price per sq ft is 50% below the area median.
Market statistics compiled from active EXIT Realty® and MLS listings in HAGERSTOWN, MD.
Location
Points of Interest in HAGERSTOWN, MD
Showing the HAGERSTOWN area map.
Nearby Schools
Barbara Ingram School for the Arts
Secondary · 0.3 mi away
Hagerstown Children's School
Elementary · 0.4 mi away
St Mary's Catholic School
Elementary · 0.6 mi away
Bester Elementary School
Elementary · 0.6 mi away
Pangborn Elementary School
Elementary · 0.8 mi away
Winter Street Elementary School
Elementary · 1.0 mi away
Head Start of Washington County
School · 1.0 mi away
Head Start of Washington County
School · 1.2 mi away
Truth Christian Academy
School · 1.2 mi away
Potomac Heights Elementary
Elementary · 1.5 mi away
North Hagerstown High School
Secondary · 1.5 mi away
Western Heights Middle School
Secondary · 1.6 mi away
South Hagerstown Sr High School
Secondary · 1.6 mi away
Salem Avenue Elementary
Elementary · 1.6 mi away
Washington County Job Development Center
School · 1.7 mi away
Ruth Ann Monroe Primary
Elementary · 1.7 mi away
Eastern Elementary School
Elementary · 1.7 mi away
Northern Middle
Secondary · 1.8 mi away
Emma K. Doub Elementary School
Elementary · 1.8 mi away
E Russell Hicks Middle School
Secondary · 2.0 mi away
Commute Calculator
Nearby Homes
Similar Homes Nearby
Similar Home Values
Comparable nearby listings and their asking prices.
| Address | Price | Beds | Baths | Sq Ft |
|---|---|---|---|---|
| 601 N MULBERRY STREET, HAGERSTOWN, MD | $194,900 | 2 | 2 | 2,430 |
| 622 W WASHINGTON STREET, HAGERSTOWN, MD | $195,000 | 3 | 1 | 1,536 |
| 1006 GEORGIA AVENUE, HAGERSTOWN, MD | $195,000 | 2 | 1 | 800 |
| 337 N LOCUST STREET, HAGERSTOWN, MD | $195,000 | 3 | 2 | 1,168 |
| 117 MCCOMAS STREET, HAGERSTOWN, MD | $199,000 | 3 | 2 | 1,264 |
| 24 MADISON AVENUE, HAGERSTOWN, MD | $199,900 | 4 | 2 | 2,028 |
Moving Cost Estimate
EXIT Agents in HAGERSTOWN
Listing Courtesy: RG Realty, Inc. - 2402036393