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Sold on 03/30/2021

494-496 498 Mitchell Ave, Hagerstown, MD 21740

$144,000

Last sold 03/30/2021 for $168K

  • —

    bed

  • —

    bath

  • 3,168

    Sqft ($53/Sqft)

Multi-family not for sale
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About 494-496 498 Mitchell Ave

Property type Multi-family
Neighborhood
Year built 1917
HOA fee $0/month
Lot size 3,485 Sqft
Movoto estimate
Rental estimate
Property description
Great 3 unit investment property! Currently has 3 tenants in place and all tenants pay their own utilities! One tenant has been in place for 30+ years, one for 5+ years and a brand new move in. All 3 units are 2 bedroom and 1 bathroom, with their own backyard. Monthly rent roll is $2,175. The large lot next door is included in the sale. The property currently has a professional Property Management company managing it. The owner is adding a brand new baseboard heating in 2 of the 3 units. Schedule your showing soon, as this one won't last long!
Listed by
Listing Agent - Andrew Peters
Listing Office - 4 State Real Estate LLC
Source: Bright MLS mls logo
MLS#MDWA175306 • last updated 4 years ago
Movoto checked Bright MLS for data 5 minutes ago
Overview
Cooling/AC None, None
Heating Natural Gas
Levels/Style Side-by-Side
Type Multi-Family
Virtual Tour N/A
SubType Triplex
Status Closed
SqFt 3168
Lot Size (SqFt) 3484
Lot Size (Acres) 0.08
County Tax 1049, Annually
City/ Town Tax 1124
Tax: Assessed Value 116267
Annual Property Tax 2173
Year Built 1917
Municipality Hagerstown
New Construction (Y/N) N
Foreclosure (Y/N) N
Interior
Basement Other
Accessibility Features None
Exterior
Roof Rubber
Construction Block
# Parking Spaces 2
# Off-Street Spaces 2
Parking Desc Driveway, Off Street, On Street
Existing Structures Above Grade, Below Grade
Lot Desc Additional Lot(s)
Amenities / Utilities
Sewer/ Septic Public Sewer
Pool No Pool
Location
Water Source Public
School District WASHINGTON COUNTY PUBLIC SCHOOLS
Directions Turn Down Mitchell Ave And It Will Be Near The End Of The Street On The Right Hand Side. The Empty Lot Next Door, Conveys With The Home
Zoning RMED
Multifamily Details
# 2-Bedroom Units 3
$144K
Range: $80.6K-$207K
Last 30 days 
Rental est.: $1,224/month
Gross rent multiplier: 11.4
  • Mar 2021
    mls logo MLS # MDWA175306
  • Mar 31, 2021 Sold
    $168,000 (-1.1%)
  • Feb 12, 2021 Pending
    —
  • Jan 17, 2021 Price Change
    $169,900 (-5.6%)
  • Dec 19, 2020 Price Change
    $180,000 (-9.1%)
  • Nov 28, 2020 Listed
    —
  • Nov 25, 2020 Pending
    —
  • Nov 16, 2020 Price Change
    $198,000 (-10.0%)
  • Oct 12, 2020 Listed
    $219,900
  • Year Property taxes Tax assessment
  • 2023
    $664 +9.6%
    $85,200 +28.7%
  • 2022
    $606 +13.9%
    $66,200 +4.91%
  • 2020
    $532 -22.9%
    $63,100 +5.17%
  • 2017
    $690 -52.2%
    $60,000 +4.17%
  • 2010
    $1,443
    $57,600
  • 494-496 498 Mitchell Ave
    $168K
  • West Hagerstown
    $219K -26% y/y
  • 21740
    $309K -1% y/y
  • Hagerstown
    $329K -7% y/y
No chart available
Statistics calculated by Movoto

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7/10
Salem Avenue Elementary School
public Grades PK, K-5
Washington County Public Schools
4/10
Western Heights Middle School
public Grades 6-8
Washington County Public Schools
4/10
South Hagerstown High School
public Grades 9-12
Washington County Public Schools
Source: GreatSchools.org © 2026. All rights reserved.

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  • 494-496 498 Mitchell Ave
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The data relating to real estate for sale on this website appears in part through the BRIGHT Internet Data Exchange program, a voluntary cooperative exchange of property listing data between licensed real estate brokerage firms in which Movoto participates, and is provided by BRIGHT through a licensing agreement.The information provided by this website is for the personal, non-commercial use of consumers and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. Data last updated: 10/27/2026. Some properties which appear for sale on this website may no longer be available because they are under contract, have Closedor are no longer being offered for sale. Some real estate firms do not participate in IDX and their listings do not appear on this website. Some properties listed with participating firms do not appear on this website at the request of the seller. This home sale information is not to be construed as an appraisal and may not be used as such for any purpose. BRIGHTMLS is the (or a) provider of this home sale information and has compiled content from various sources. Some properties represented may not have actually solddue to reporting errors.
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