HAGERSTOWN, MD 21740

HAGERSTOWN, MD DUPLEX | BUY & HOLD / BRRRR | 6 BED / 4 BATH | VACANT VALUE-ADD

13** Salem Ave, Hagerstown, MD 21740

Asking Price: $295,000

Estimated ARV: $430,000–$450,000

2 Units | Both Vacant

Closing: November 17, 2026

Hagerstown multifamily investment opportunity featuring a 6-bedroom / 4-bathroom duplex with 2,616 SQFT. Both units offer 3-bedroom / 2-bathroom layouts, providing an opportunity for investors looking to renovate, establish new tenants, and generate rental income.

Built in 2004 by the seller, the property reportedly has updated major systems and includes a 22' × 40' detached garage, offering potential additional value through storage, rental use, or possible ADU conversion, subject to approval.

Property Snapshot

• Duplex — 2 Units Total
• Unit A: 3 Bed / 2 Bath — Vacant
• Unit B: 3 Bed / 2 Bath — Vacant
• 6 Bedrooms | 4 Bathrooms Total
• 2,616 SQFT Living Area
• Built in 2004 by Current Seller
• 22' × 40' Garage (~880 SQFT)
• One Unit Reportedly Vacant Since Last Year

Condition Overview

Property is reportedly in fair-to-good condition, with primarily cosmetic improvements needed.

• Flooring, Painting & Interior Updates
• Kitchen & Bathroom Modernization Potential
• Major Systems — Reportedly Up to Date
• Roof — Age Unknown, No Confirmed Leaks Reported
• HVAC & Electrical — Age and Functionality to Be Verified
• Additional 880 SQFT Garage — Potential Conversion Opportunity

Buyer should independently verify all mechanical systems, structural condition, renovation requirements, legal duplex status, and feasibility of any proposed garage conversion. Buyer must conduct Due Diligence.

Why Investors Should Look

• $295K acquisition vs. $430K–$450K projected ARV
• Approximately $120K–$140K gross spread before renovation & transaction costs
• Both units vacant — Opportunity to establish new leases
• Two 3BR / 2BA units provide flexible rental configurations
• 2,616 SQFT of existing living space