See other homes in:
Primary listing photo
Listing photo 2
Listing photo 3
Listing photo 4

428 Virginia Ave, Hagerstown, MD, 21740

6beds
--baths
2,904sqft
$384,900
$133price/sqft
$2,726/moest. monthly cost
$109,040/yrincome needed

About This Home

Investment Opportunity – Fully Occupied 3-Unit Brick Property Across from Hagerstown City Park Seize the opportunity to own a fully tenant-occupied, all-brick triplex ideally situated directly across from the scenic Hagerstown City Park. This well-maintained property offers a rare combination of location, stability, and long-term upside in one of Hagerstown’s most desirable areas. Each unit features spacious, light-filled rooms, hardwood flooring, and strong rental appeal. The first-floor unit includes a charming fireplace, while tenants enjoy access to a large front porch with picturesque park views. Additional highlights include a private rear porch, garden-style tub, and convenient off-street parking with rear alley access. Tenants are responsible for their own heating and utilities, helping to maximize investor returns. The property has recently been updated to meet current city code standards, providing peace of mind for the next owner. Located just three blocks from the new multi-sports stadium currently under construction, this property is positioned to benefit from continued growth and revitalization in the surrounding area. Whether you're expanding your portfolio or seeking a solid, income-producing asset in a prime location, this property offers exceptional potential. Seller is open to all reasonable offers.

Getting Around

67
WalkingSomewhat Walkable
23
TransitMinimal Transit
53
BikeBikeable

Schools

5/10
Bester Elementary SchoolGrades PK-50.5 mi
7/10
4/10

Construction

Condition

  • Property condition: Good
  • Year built: 1900

Materials

  • Foundation: Stone
  • Construction materials: Brick

Type & Style

  • Home type: MultiFamily
  • Architectural style: Colonial
  • Property subType: Triplex

Interior

Appliances

  • Appliances included: Gas Water Heater

Basement

  • Area: 1044

Basement

  • Has basement: Yes
  • Basement: Dirt Floor,Exterior Entry

Bedrooms & Bathrooms

  • Bedrooms: 6

Heating & Cooling

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

Interior Area

  • Total structure area: 3,948
  • Total interior livable area: 2,904 sqft

Property

Accessibility

  • Accessibility features: None

Details

  • Parcel number: 2203019535
  • Zoning: RMOD
  • Special condition: Standard

Features

  • Pool features: None
  • Patio & porch: Porch
  • Has view: Yes
  • View description: Park/Greenbelt,Lake
  • Has water view: Yes
  • Water view: Lake

Lot

  • Lot size: 7,187 sqft

Parking

  • Parking features: Alley Access

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

  • Heat Wave
    Heat WaveModerate
  • Lightning
    LightningModerate
  • Strong Wind
    Strong WindModerate
  • Winter Weather
    Winter WeatherModerate

How This Home’s Risks Compare

Heat Wave
Lightning
Strong Wind
Winter Weather

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 $1,946$23,352
Home Insurance *$146$1,752
Property Taxes $265$3,180
Electricity $369$4,439
Total$2,726$32,712
*Does not include cost of any FAIR Plan premiums

Income You'd Need if You Spent...

35% on housing$93,462/yr
40% on housing$81,780/yr
45% on housing$72,693/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

$133This listing

vs Other Active Listings

Avg $/sqft

ZIP 21740$129
Washington County$147

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$384,900
2024-04-01Listing removed--
2023-11-03Listed for sale$399,000
2017-07-11Listing removed$800
2017-05-22Listed for rent$800
2016-05-24Listing removed$199,900
2016-01-06Listed for sale$199,900
2014-12-11Listing removed$775
2014-11-19Listed for rent$775
2011-03-22Sold$77,500
2011-02-20Price change$119,900
2010-08-19Price change$129,000
2010-02-27Price change$159,900
2009-08-01Price change$169,900
2009-07-29Price change$199,900
2009-07-28Price change$169,900
2009-05-23Price change$199,900
2009-02-28Price change$232,400
2008-09-14Listed for sale$249,900

For Sale by Agent

AgentSteve L Powell
BrokerageSamson Properties

Similar Homes