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427 N Mulberry St, Hagerstown, MD, 21740

3beds
1baths
1,424sqft
$184,900
$130price/sqft
$1,418/moest. monthly cost
$56,720/yrincome needed

About This Home

Well-maintained and recently remodeled half duplex located directly across from Hagerstown Fairgrounds Park, offering convenient access to walking trails, recreation, and local amenities. This 3-bedroom, 1 full bath home features spacious rooms throughout, along with a full walk-up attic that includes a bonus room—perfect for additional living space, office, or storage. Enjoy outdoor living with both a covered front porch and a rear porch, plus the added convenience of off-street parking in the rear. The property is currently tenant-occupied with a lease in place through September 30, 2026. Any purchaser intending owner-occupancy will need to honor the existing lease, making this an excellent opportunity for investors seeking immediate rental income in a desirable location.

Getting Around

74
WalkingVery Walkable
26
TransitSome Transit
73
BikeVery Bikeable

Schools

5/10
7/10
Northern Middle SchoolGrades 6-81.3 mi
6/10

Construction

Condition

  • Property condition: Excellent
  • Year built: 1900

Materials

  • Foundation: Stone
  • Construction materials: Brick

Type & Style

  • Home type: SingleFamily
  • Architectural style: Colonial
  • Property subType: Single Family Residence

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Has basement: Yes
  • Basement: Connecting Stairway

Bedrooms & Bathrooms

  • Bedrooms: 3
  • Bathrooms: 1
  • Full bathrooms: 1

Bonus Room

  • Level: Upper

Dining Room

  • Level: Main

Family Room

  • Level: Main

Features

  • Finished area below ground: 0
  • Finished area above ground: 1,424

Heating & Cooling

  • Heating features: Forced Air,Natural Gas
  • Cooling features: Window Unit(s),Electric

Interior Area

  • Total structure area: 2,136
  • Total interior livable area: 1,424 sqft

Kitchen

  • Level: Main

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 2222013734
  • Attached to another structure: Yes
  • Zoning: RMED
  • Special condition: Standard

Features

  • Levels: Four
  • Stories: 4
  • Pool features: None
  • Patio & porch: Porch

Lot

  • Lot size: 2,171 sqft

Parking

  • Parking features: Alley Access,Off Street,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
    Winter WeatherRelatively High
  • Hurricane
    HurricaneModerate
  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate

How This Home’s Risks Compare

Winter Weather
Hurricane
Heat Wave
Lightning
Strong Wind

FEMA Declared Disasters Across Maryland Counties

Winter Storm

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

MonthlyAnnual
Mortgage $934$11,208
Home Insurance *$70$840
Property Taxes $133$1,596
Electricity $281$3,374
Total$1,418$17,016
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$48,617/yr
40% on housing$42,540/yr
45% on housing$37,813/yr

Maryland FAIR Plan Programs

Maryland Joint Insurance Association

Covered
WildfireWildfire
HailHail
WindWind
Visit Website →
Current Policies
Residential: 678Commercial: 44
Total Premiums$854,000
Total Exposure$326.56M

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.

Insurance Growth Rate5-year average: 11.0%
11.0%
0%30.0%
Electricity Growth Rate10-year average: 8.1%
8.1%
0%15.0%
Property Taxes Growth Rate2-year average: -1.5%
-1.5%
0%15.0%
Income Spent on Housing
30%
30%45%

Comparing Against the Market

Price Per Sq Ft

$130This listing

vs Other Active Listings

Avg $/sqft

ZIP 21740$129
Washington County$148

vs Homes Sold Last Month

Median $/sqft

ZIP 21740$180
Washington County$193

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

DateEventPrice
2026-04-10Listed for sale$199,900
2025-04-23Listing removed$1,800
2025-04-05Price change$1,800
2025-03-07Listed for rent$1,600
2024-06-05Sold$75,000
2003-10-14Sold$62,000
2002-09-16Sold$45,000
1995-11-09Sold$59,000
1995-03-24Sold$22,192

For Sale by Agent

AgentSteve L Powell
BrokerageSamson Properties

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