# 200 E FRANKLIN Street, HAGERSTOWN, MD 21740

> **TL;DR:** residential multi family, $515,000 ($140/sqft), built 1885, 3,684 sqft. Est. $2,232/mo. Listed 156 days.

## Property at a Glance

| Attribute | Value |
|-----------|-------|
| Price | $515,000 |
| Price/sqft | $140 |
| Square Feet | 3,684 |
| Year Built | 1885 |
| Lot Size | 2,614 sqft (0.06 acres) |
| Property Type | Residential Multi Family (Other) |
| Status | For Sale |
| Days on Market | 156 |

## Estimated Monthly Costs

| Category | Amount |
|----------|--------|
| Mortgage (20% down, 6.5%) | $2,232 |
| **Total** | **$2,232** |

## Property Highlights

- Built in 1885
- 0.06 acre lot

## Description

### Agent Description
Prime Downtown Mixed-Use Investment Exceptional opportunity to own a fully occupied mixed-use property in the heart of Downtown Hagerstown! This well-maintained brick building features a street-level restaurant and four fully leased residential apartments above, generating $4,000 per month in rental income. Tenants pay all utilities, providing a low-expense, high-yield investment. Located just steps from the Arts & Entertainment District, restaurants, breweries, and the Maryland Theatre, this property sits in the path of downtown revitalization and ongoing city investment. Tenants enjoy convenient access to public parking, nearby retail, and public transportation. Highlights: Fully occupied mixed-use property bringing in $4,000/month Ground-floor restaurant space with private ownership Four residential apartments on upper levels Separate utilities - tenants pay all Excellent visibility and foot traffic in revitalized downtown corridor Turnkey income producer - stable tenants and strong returns Perfect for investors seeking a cash-flowing property in a growing downtown market with continued upside potential.

## Location

- **Address:** 200 E FRANKLIN Street, HAGERSTOWN, MD 21740
- **County:** WASHINGTON
- **Coordinates:** 39.64553, -77.72332
- **Google Maps:** https://www.google.com/maps?q=39.64553,-77.72332

## Listing Agent

- **Name:** Krystal Stewart
- **Brokerage:** RG Realty, Inc.
- **Phone:** 8133230463
- **Email:** krystal@rgrealtyinc.com

## Primary Photo

![200 E FRANKLIN Street - Primary Photo](http://lh.rdcpix.com/fba0f9fecb85aaccf66cfd1dfc637755l-f1802731644r.jpg)

*5 total photos available on [listing page](https://www.propertysimple.com/listing/200-e-franklin-street-hagerstown-md-21740-a2032518)*

---

**MLS#:** MDWA2032518 | **Updated:** 2026-04-24
**Source:** listhub

*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.*

[View on PropertySimple](https://www.propertysimple.com/listing/200-e-franklin-street-hagerstown-md-21740-a2032518)

---

## Structured Data

```json
{
  "@context": "https://schema.org",
  "@type": "RealEstateListing",
  "name": "200 E FRANKLIN Street, HAGERSTOWN, MD 21740",
  "description": "Prime Downtown Mixed-Use Investment Exceptional opportunity to own a fully occupied mixed-use property in the heart of Downtown Hagerstown! This well-maintained brick building features a street-level restaurant and four fully leased residential apartments above, generating $4,000 per month in rental income. Tenants pay all utilities, providing a low-expense, high-yield investment. Located just steps from the Arts & Entertainment District, restaurants, breweries, and the Maryland Theatre, this pr",
  "url": "https://www.propertysimple.com/listing/200-e-franklin-street-hagerstown-md-21740-a2032518",
  "image": "http://lh.rdcpix.com/fba0f9fecb85aaccf66cfd1dfc637755l-f1802731644r.jpg",
  "datePosted": "2026-04-24",
  "price": 515000,
  "priceCurrency": "USD",
  "address": {
    "@type": "PostalAddress",
    "streetAddress": "200 E FRANKLIN Street",
    "addressLocality": "HAGERSTOWN",
    "addressRegion": "MD",
    "postalCode": "21740",
    "addressCountry": "US"
  },
  "geo": {
    "@type": "GeoCoordinates",
    "latitude": 39.64553,
    "longitude": -77.72332
  },
  "floorSize": {
    "@type": "QuantitativeValue",
    "value": 3684,
    "unitCode": "FTK"
  },
  "yearBuilt": 1885
}
```