106 Randolph Avenue

This three-unit multifamily investment at 106 Randolph Avenue, Hagerstown, offers three rented one-bedroom apartments. Each apartment has one bathroom, and the asking price is $279,000.

All units have tenants and provide an existing rental income stream. The consistent unit mix also gives buyers a straightforward property to review and manage.

Three-Unit Multifamily Investment Highlights

• Three one-bedroom, one-bathroom apartments
• Fully occupied
• Listed building area: 1,998 square feet
• Lot size: 0.02 acres
• Year built: 1920
• Asking price: $279,000
• MLS #: MDWA2037470

Rental Income and Growth Potential

The listing identifies current rents as below market. As a result, buyers can evaluate potential income growth as leases renew over time.

Compare the current rent roll with local one-bedroom rental listings when reviewing this opportunity. Future rent adjustments depend on lease terms, market conditions, and applicable requirements.

Lead Testing and Rental Documentation

All three units have passed lead paint testing, and rental licensing documentation is in place. Buyers can request these records along with the current leases and operating information.

106 Randolph Avenue, Hagerstown

The property is located at 106 Randolph Avenue, Hagerstown, MD 21740, in Washington County. Its three-apartment layout offers an option for buyers seeking a smaller multifamily property with tenants already in place.

Request Details or Schedule a Showing

Contact Roberto Gonzalez to discuss this three-unit multifamily investment. Ask for the current rent roll, income, expenses, and showing availability.

Review the lease schedule and property condition as you assess the investment. Together, these details can help you compare the existing rental operation with its potential for future income growth.

© 2026 Bright MLS. All rights reserved. Information Deemed Reliable, but Not Guaranteed. Listing information is from various brokers who participate in IDX and not all listings may be visible on the site. The property information being provided is for consumers personal, non-commercial use and may not be used for any purpose other than to identify prospective properties consumers may be interested in purchasing. The listing broker’s offer of compensation is made only to participants of the MLS where the listing is filed. Listing courtesy of RG Realty, Inc.. Data last updated on Monday, October 5th, 2026 04:16:29 PM.