106 Randolph Ave, Hagerstown, MD, 21740
About This Home
Fully occupied 3-unit multifamily investment opportunity in Hagerstown at an affordable price point. 106 Randolph Avenue features three 1-bedroom, 1-bathroom apartments, all currently rented and producing stable in-place income. The simple unit mix makes the property easy to rent and manage, with strong demand for affordable 1-bedroom units. Current rents are below market, creating a clear value-add opportunity for a new owner to increase cash flow over time as leases renew and rents are adjusted toward market levels. All units have passed lead paint testing, and rental licensing documentation is in place. Ideal for investors seeking immediate income, long-term upside, and room to improve overall returns through rent growth. 24 Hrs. Notice
Getting Around
Very Walkable
Some Transit
Very BikeableSchools
Construction
Condition
- Year built: 1920
Materials
- Foundation: Permanent
- Construction materials: Block
Type & Style
- Home type: MultiFamily
- Architectural style: Other
- Property subType: Townhouse
Interior
Appliances
- Appliances included: Electric Water Heater
Basement
- Area: 646
Bedrooms & Bathrooms
- Bedrooms: 3
Heating & Cooling
- Heating features: Radiator,Natural Gas
- Cooling features: None,Electric
Interior Area
- Total structure area: 2,644
- Total interior livable area: 1,998 sqft
Property
Accessibility
- Accessibility features: None
Details
- Parcel number: 2222006762
- Zoning: RMED
- Special condition: Standard
Features
- Pool features: None
Lot
- Lot size: 890 sqft
Parking
- Parking features: On Street
- Has uncovered spaces: Yes
Climate Risk is Financial Risk
Every home has a financial story beyond the listing price. Below, you’ll see the climate risks that could affect this property — and in Bills & Affordability, how those risks may influence repairs, insurance, utilities, and long-term value.
Biggest Threats for This Home
- Winter Weather
- Hurricane
- Heat Wave
- Lightning
- Strong Wind
How This Home’s Risks Compare
FEMA Declared Disasters Across Maryland Counties
Understanding the Costs
Financial advisors generally recommend spending no more than 30% of your gross household income on housing costs. In practice, many households stretch to 35% or beyond — especially in high-cost markets.
Estimated Costs Today
| Monthly | Annual | |
|---|---|---|
| Mortgage | $1,410 | $16,920 |
| Home Insurance * | $106 | $1,272 |
| Property Taxes | $191 | $2,292 |
| Electricity | $281 | $3,374 |
| Total | $1,988 | $23,856 |
Income You'd Need if You Spent...
Maryland FAIR Plan Programs
How Costs Could Change Over Time
Climate risk is quickly impacting all of the major home ownership costs. Adjust the growth rates and percentage of income spent on housing below to see how your housing costs could change over the next 10 years — and what income you'd need to keep up.
Comparing Against the Market
Price Per Sq Ft
vs Other Active Listings
Avg $/sqft
vs Homes Sold Last Month
Median $/sqft
Current Market Trends
Median Price Per Square Foot
The median price per square foot of homes sold in this area each month. Compare this to this listing's price per square foot to gauge whether the home is priced in line with recent sales.
Historicals for This Listing
Zestimate History ($/sqft)
Price History
| Date | Event | Price |
|---|---|---|
| 2026-06-03 | Listed for sale | $279,000 |
| 2026-02-18 | Listing removed | $795 |
| 2025-11-13 | Price change | $795 |
| 2025-10-22 | Listed for rent | $850 |
| 2020-05-29 | Listing removed | $595 |
| 2020-05-28 | Price change | $595 |
| 2020-05-12 | Price change | $625 |
| 2020-04-23 | Listed for rent | $650 |
| 2020-03-13 | Listing removed | $550 |
| 2020-02-29 | Price change | $550 |
| 2020-01-28 | Listed for rent | $575 |
| 2019-02-15 | Listing removed | $525 |
| 2019-01-22 | Price change | $525 |
| 2019-01-12 | Listed for rent | $595 |
| 2017-08-30 | Listing removed | $500 |
| 2017-08-08 | Listed for rent | $500 |
| 2017-01-25 | Listing removed | $625 |
| 2017-01-19 | Listed for rent | $625 |
| 2015-10-09 | Sold | $56,550 |
| 2015-05-26 | Price change | $59,900 |
| 2015-04-17 | Price change | $68,500 |
| 2015-01-22 | Listed for sale | $74,500 |
| 2014-10-12 | Listing removed | $475 |
| 2014-09-07 | Listed for rent | $475 |
| 2013-09-19 | Listing removed | $84,900 |
| 2013-09-10 | Sold | $77,000 |
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