106 Randolph Ave, Hagerstown, MD 21740

Local realty services provided by:ERA OakCrest Realty, Inc.
106 Randolph Ave,Hagerstown, MD 21740
$279,000
  • 3 Beds
  • - Baths
  • 1,998 sq. ft.
  • Multi-family
  • Active
Listed by: roberto g. gonzalez
Office: rg realty, inc.
MLS#:MDWA2037470
Source:BRIGHTMLS

Price summary

  • Price:$279,000
  • Price per sq. ft.:$139.64

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.

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Home facts

  • Year built:1920
  • Listing ID #:MDWA2037470
  • Added:1 day(s) ago
  • Updated:June 04, 2026 at 10:23 AM

Rooms and interior

  • Bedrooms:3
  • Living area:1,998 sq. ft.

Heating and cooling

  • Heating:Natural Gas, Radiator

Structure and exterior

  • Year built:1920
  • Building area:1,998 sq. ft.
  • Lot area:0.02 Acres
  • Construction Materials:Block
  • Foundation Description:Permanent

Schools

  • High school:NORTH HAGERSTOWN
  • Middle school:NORTHERN

Utilities

  • Water:Public
  • Sewer:Public Sewer

Finances and disclosures

  • Price:$279,000
  • Price per sq. ft.:$139.64
  • Tax amount:$2,573 (2025)

Parking

  • Parking description:On Street