About This Home

This 0-bedroom, 0-bathroom residential multi family at 382 S CLEVELAND Avenue in Hagerstown, MD is listed for $650,000 ($116 per sqft). Built in 1962, the home offers 5,602 sqft of living space on a 0.25 acres lot.

Key Features

  • Built in 1962
  • 0.25 acre lot
  • 11 parking spaces

Property Details

11 spaces
1962

Amenities

A/C
Listing Description

Prime Corner Location just behind the new Hagerstown SportsPlex/Field House! This exceptional mixed-use property offers outstanding investment potential with 3 income-producing residential apartments, 12 parking spaces, and 2 garages. The expansive first floor features 6 private office/exam rooms, 4 half bathrooms, and a kitchen.

Previously operated as a daycare and, before that, as a medical office, this versatile space is ideal for a wide range of commercial uses, including professional offices, medical practices, educational facilities, and more. It may also offer the opportunity to be converted into additional residential units, subject to buyer verification and approval.

Buyers are encouraged to perform their own due diligence with the City of Hagerstown regarding zoning, permitted uses, and redevelopment possibilities. The upper level consists of 3 residential apartments, providing immediate rental income and multiple revenue streams.

The building is also equipped with a sprinkler system, adding value and flexibility for future use. Located in one of Hagerstown's fastest-growing commercial and entertainment districts, this corner property offers excellent visibility, easy access, and tremendous long-term appreciation potential.

Whether you're an investor looking to expand your portfolio, an owner-occupant seeking business space with rental income, or a developer exploring future opportunities, this property delivers exceptional versatility and value. Don't miss this rare opportunity to own a high-income mixed-use property in one of Hagerstown's most desirable growth areas!

Monthly Cost Estimate

$3,476/mo

20% down · 6.5% · 30 years

Principal$470
Interest$2,817
Insurance$190

Estimates only. Actual payments may vary.

Location

382 S CLEVELAND Avenue

Hagerstown, MD 21740

Property Details

Construction

Brick

Parking

Parking Lot

Heating

Central

Cooling

Window Unit(s)

Questions & Answers

This 0-bedroom, 0-bathroom residential multi family at 382 S CLEVELAND Avenue is listed at $650,000 ($116/sqft). The estimated monthly payment is $3,477 based on 20% down, a 30-year loan at 6.5% interest, estimated insurance.

Key features include: Built in 1962, 0.25 acre lot, 11 parking spaces.

This property is listed by Yahaira Diaz and can be reached at 2404189074.

YD

Yahaira Diaz

Agent at EXP Realty, LLC

(240) 418-9074

Listed by EXP Realty, LLC · View on Broker Site

MLS# MDWA2038732· Source: listhub· 1 day on market

Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

382 S CLEVELAND Avenue, Hagerstown, MD 21740

Open this listing in: