For Sale
Multi family home for sale at 500 Salem Ave, Hagerstown, MD 21740 | MLS# MDWA2032214 | Listing updated on 2025-10-16
Photo 1 of Multi family home for sale at 500 Salem Ave, Hagerstown, MD 21740 | MLS# MDWA2032214 | Listing updated on 2025-10-16
Photo 2 of Multi family home for sale at 500 Salem Ave, Hagerstown, MD 21740 | MLS# MDWA2032214 | Listing updated on 2025-10-16
Photo 3 of Multi family home for sale at 500 Salem Ave, Hagerstown, MD 21740 | MLS# MDWA2032214 | Listing updated on 2025-10-16
Photo 4 of Multi family home for sale at 500 Salem Ave, Hagerstown, MD 21740 | MLS# MDWA2032214 | Listing updated on 2025-10-16
4+
Beds Icon

Street View

$675,000

Monthly Est:$3,360

  • Beds Icon-- Bed
  • Beds Icon
    -- Bath
  • Beds Icon9,165sqft

500 Salem Ave, Hagerstown, MD 21740

$3,360/moEst:

Get Pre-Approved

  • Multi Family

  • Built in 1900

  • $-- HOA

  • 11,240 sqft lot

  • $74/sq.ft

Description

Turnkey Investment – Real Estate & Business with On/Off class D Liquor License!

Discover a true value-add investment with Harman’s Tavern, a well-established bar accompanied by a Class D Liquor License and income-producing residential and retail units. Spanning nearly 10,000 sq. ft., this mixed-use property offers EIGHT TOTAL UNITS, including retail space and spacious apartments – all currently occupied by long-term tenants.

Untapped Income Potential! Rents have remained significantly below market value, as the current owner has never raised them. This presents a prime opportunity for immediate cash flow growth. The units are well-maintained, and with strategic updates,
this property could see substantial appreciation.

Whether you're looking to expand your portfolio or capitalize on the established business and rental income, this property is a rare find.

📞 Schedule your private tour today!

  • Houzeo last checked: 12 hours ago
  • Listing updated: October 16, 2025 at 1:53 pm
  • Listing Provided by: Roberto G. Gonzalez (301) 991-0207 | RG Realty, Inc. (240) 203-6393
  • Source: Bright MLS-NJ | MLS#: MDWA2032214 Bright MLS-NJ

Property Details

  • Status

    Active

  • Type

    Multi Family

  • No. of Stories

    -

  • County

    Washington Md County

  • City

    Hagerstown

  • Neighborhood

    --

  • Year Built

    1900

  • HOA Fees

    -

  • Finished Area

    9,165 sqft

  • Lot Size

    11,240 sqft lot

  • Basement Area

    - sqft

  • MLS Name

    Bright MLS

  • MLS Number

    MDWA2032214

  • MLS Status

    ACTIVE-BRIGHT

  • Days on Market

    77

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Location

Facts & Features

Rooms

  • Bedrooms & bathrooms

    Bedroom: --

    Bathroom: --

Interior

  • Heating

    Baseboard Electric

  • Sewer

    Public Sewer

  • Cooling

    None

Construction

  • Year Built

    Year Built: 1900

  • Home type

    Multi Family

  • Construction Materials

    Block, Brick

  • Architectural Style

    Other

  • Foundation Details

    Brick/mortar

Utilities & Energy

  • Water Source

    Public

Price History

DateEventPrice

10/16/2025

Source: mls_logoBright MLS-NJ #MDWA2032214

Listed for Sale

$675,000

$74/sqft

07/09/2025

Source: mls_logoBright MLS-NJ #MDWA2030002

Off Market

$675,000

$74/sqft

Nearby Homes

Based on information from Bright MLS through Nov 02, 2026, 02:00PM. Listing information is from various brokers who participate in the Bright MLS IDX program and not all listings may be visible on the site. The property information being provided on or through the website is for the personal, non-commercial use of consumers and such information may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Some properties which appear for sale on the website may no longer be available because they are for instance, under contract, sold or are no longer being offered for sale. Property information displayed is deemed reliable but is not guaranteed. IDX information is provided exclusively for personal, non-commercial use, and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Information is deemed reliable but not guaranteed. © 2026 Bright MLS, Inc. All Rights Reserved. Click here for more information

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