About 235 Locust St
Two-unit investment opportunity with strong value-add potential located at 235 S Locust St in Hagerstown, MD. This vacant two-unit property features a solid, long-term rental history and is positioned to generate up to $2,000 per month in total gross rental income ($24,000 annually). Unit 1 (lower level) offers a kitchen, full bathroom, two main rooms, and direct access to a finished room in the basement. Unit 2 (upper level) includes a kitchen, full bathroom, two main rooms, access to additional attic space, and an upper deck with egress. Fenced backyard providing small outdoor space for tenants. The property is being sold strictly as-is and is suitable for cash or conventional financing only. Ideal addition to a buy-and-hold portfolio or a quick repositioning project to capitalize on Hagerstown's active rental market demand.
Features of 235 Locust St
| MLS® # | MDWA2040714 |
|---|---|
| Price | $149,900 |
| Bedrooms | 2 |
| Bathrooms | 2.00 |
| Full Baths | 2 |
| Square Footage | 1,996 |
| Acres | 0.11 |
| Year Built | 1917 |
| Type | Residential |
| Sub-Type | End of Row/Townhouse |
| Style | Other |
| Status | Active |
Community Information
| Address | 235 Locust St |
|---|---|
| Subdivision | CITY OF HAGERSTOWN |
| City | HAGERSTOWN |
| County | WASHINGTON-MD |
| State | MD |
| Zip Code | 21740 |
Amenities
| Utilities | None |
|---|---|
| Is Waterfront | No |
Interior
| Heating | Baseboard - Electric |
|---|---|
| Cooling | None |
| Has Basement | Yes |
| Basement | Other, Walkout Stairs, Partially Finished |
| Fireplace | No |
| # of Stories | 4 |
| Stories | 2 |
Exterior
| Exterior | Brick |
|---|---|
| Roof | Asphalt |
| Construction | Brick |
| Foundation | Other |
School Information
| District | WASHINGTON COUNTY PUBLIC SCHOOLS |
|---|
Additional Information
| Date Listed | October 9th, 2026 |
|---|---|
| Days on Market | 1 |
| Zoning | RMED |
| Foreclosure | No |
| Short Sale | No |
| RE / Bank Owned | No |
Listing Details
| Office | Keller Williams Realty Centre |
|---|