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sales rep | Brivity IDX

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382 S Cleveland Ave , Hagerstown, MD 21740
$650,000
Est. Payment: $3,569.21/mo
7 Bed
5602 Sqft
0.25 Acres
Status: active | Days on site: 99
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EXXP1 - 3336691
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House 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!

Highlights

Listed by Yahaira Diaz , 2404189074 EXP Realty, LLC , 8888607369. Bright MLS

Property Type

Multi-Family

Lot/Acreage
0.25

Year Built

1962

County

Washington

School District

Washington County Public Schools

Listing ID

MDWA2038732

Questions about this listing?

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Interior Features

Bedrooms and Bathrooms
  • ▪ Bedrooms:7
Air Cond:Window Unit(s)
Fireplaces:
Above Ground Sq Ft:5602
Water:Public

Exterior Features

Lot:Not New Construction,Horse Property: No
Garage Capacity:11
Zoning:RMED
Sewer:Public Sewer
Parking Features:Parking Lot,4+ Spaces,3+ Spaces,2+ Spaces,1+ Spaces
Principal Interest
$3,569
Taxes
$419

Home Price

$650,000

Loan Details

30 yrs
7.312%

Down Payment

20%
$130,000
All calculations are estimates and provided by Blueroof360. Today’s Rates provided by Blueroof360. Information and interactive calculators are made available to you only as self-help tools for your independent use and are not intended to provide investment or tax advice. We cannot and do not guarantee their applicability or accuracy in regards to your individual circumstances. All examples are hypothetical and are for illustrative purposes. We encourage you to seek personalized advice from qualified professionals regarding all personal finance issues.
Monthly Price:
$3,569.21

Principal

Taxes

Principal Taxes HOA Total
Monthly $3,569.21 $418.58 $0.00 $3,987.79
Yearly $42,830.52 $5,023.00 $0.00 $47,853.52
Total $1,284,915.75 $150,690.00 $0.00 $1,435,605.75
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Chico Gordy
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Market insight data is pulled from the same city as the listing being viewed (Hagerstown, MD).

The schools listed are within a 2-mile radius of the property; however, attendance is not guaranteed. Please contact the local school district to confirm zoning and enrollment options.

Information provided by Bright MLS, and is deemed reliable but not guaranteed accurate.

IDX service by Blueroof 360

Data last updated: 2026-11-14T11:13:36.000Z

© 2026 Bright MLS