Frederick MD Multi-Family Real Estate, Homes for Sale

MDFR2084634 MLS ⋅ ACTIVE Status

All Brick Multi Unit Property. Perfect for Investors or Live in one unit and rent the other. Can easily be converted back to single family home. Main level features 2 bedrooms with new carpeting, one renovated full bath, kitchen area and main living area with hardwood floors. Upper level with one bedroom, kitchen, living room and one full bath. Main level is currently vacant, but did rent for $1500. Upper level is currently rented month to month for $1300 and tenant would love to stay. Desired location next to Fort Detrick, close to downtown Frederick and the Wegmans Shopping area. New roof and converted to all electric. Units are metered separately. Property is situated on almost ¼ acre lot. Exterior includes pleasant rear yard, large deck for relaxing or entertaining and spacious covered front porch. Lots of off street parking in the rear. Each unit has a private entrance. Main level unit can be can be accessed through front door or rear door off deck. Upper level unit is accessed from side door, then up the private stairs. Basement can be accessed from main level unit or exterior door. Priced to sell. Don’t miss this opportunity.

624 Military Rd, Frederick

$586,500

MDFR2077596 MLS ⋅ CLOSED Status

Welcome to 232 E 2nd Street, located in the beautiful Historic District of downtown Frederick—just minutes from local shops, restaurants, and parks. This four-level brick rowhome is currently configured as a four-unit multifamily property. All of the units are currently vacant. The additional units include: - Two 2-bedroom units (previously rented between $1,200 and $1,500 each) - One 1-bedroom unit (previously rented between $1,000 and $1,200) _ Efficiency Unit (previously rented for 25 years for $700) Featuring a beautiful yard and classic historic charm, this property is a golden opportunity for a savvy investor or a buyer looking for a fixer-upper with immense potential. With a little imagination and innovation, you can maximize the possibilities of this unique home. Sold strictly "As Is" and priced accordingly

232 E 2nd Street, Frederick

$300,000

MDFR2079862 MLS ⋅ CLOSED Status

WOW!!! New Price*** 111 E 6th Street is a charming single family home that was converted to 2, 1 bedroom apartments, providing opportunities and options for the next owner. Continue to rent these desirable apartments for a nice investment. Each have eat in kitchens and "in apt" washer and dryer. These units rent very quickly. Or, live in one and rent the other to offset expenses, Or convert back to a single family home, the inside stairs are still in place and could be opened up. As an end unit, this property has lots of natural sunlight and window exposure. A super and inviting front porch is cozy and a fun place to relax while enjoying a beverage. There is a small, fenced back yard and a "partial" driveway that could possibly accommodate a small car and motorcycle parking. There is plenty of street parking available. The location is great! Close to all of the amazing Frederick amenities, restaurants, coffee shops, retail, parks, trails, schools, YMCA, hospital and public transportation while also being in a quieter residential area.

111 E 6th Street, Frederick

$699,999

MDFR2079726 MLS ⋅ ACTIVE Status

Assumable FHA loan at 2.25% available. Contact listing agent for more information Opportunity to own a certified lead free turn key 4-unit property just outside of downtown Frederick! Zoned for Downtown residential provides the opportunity to potentially add additional units since the lot is large enough to accommodate additional parking. Each of the 4 units contain one bedroom and one bathroom. Total monthly income is $5485 There is a coin operated washer and dryer in the basement of the property. One unit can be delivered vacant if purchaser would like to occupy one unit. Fantastic house hack opportunity!

24 Hamilton Ave, Frederick

$300,000

MDFR2073882 MLS ⋅ CLOSED Status

208/210 Broadway Street Side by side Multifamily Duplex. Two separate Tax Cards - must be purchased together. Houses are being sold as is and together. Invest in the Charm of Downtown Historic Frederick! Step into a golden opportunity to own a piece of charming history in the heart of Downtown Historic Frederick! Nestled on a picturesque street, two homes are now available as-is , perfect for the savvy investor looking to maximize potential in a thriving community or the buyer who wants a fixer upper with tons of potential. Don't miss your chance to tap into the potential of Downtown Historic Frederick—where past charm meets future possibilities! Act fast, as homes like these won't last long on the market. Your investment journey begins here—explore the limitless opportunities today!

208 Broadway Street, Frederick

$880,000

MDFR2073922 MLS ⋅ CLOSED Status

Stunning Fully Remodeled Downtown Frederick Multi-Family! This beautifully updated 3-level, 3-unit property blends modern comfort with historic charm. Featuring brand-new central A/C, all new electrical including electric panels, exposed brick accents, and luxury vinyl plank throughout, each unit offers an inviting, stylish living space. The kitchens and bathrooms have been tastefully remodeled with contemporary finishes while preserving the warm character of the home. Bright, open layouts, high ceilings, and thoughtfully selected upgrades make this property stand out. Each unit includes its own in-unit washer & dryer, adding convenience and value for tenants or owner-occupants. The home also features an unfinished basement with great potential and a huge backyard with amazing possibilities—perfect for expansion, outdoor living, or future value-add opportunities. Located just steps from Frederick’s vibrant shops, restaurants, and Carroll Creek, this turnkey multi-family is ideal for investors or owner-occupants seeking downtown convenience and timeless appeal.

230 S Market Street, Frederick

$472,000

MDFR2066962 MLS ⋅ CLOSED Status

IMPROVED PRICING! Two units in a townhouse that could easily be converted back to a single family. Unit 1 is the first floor has one bedroom. Unit 2 is the 2nd and 3rd floors - has two bedrooms and one bath, space for a 2nd bath on the 3rd floor and lots of rooms, including an enclosed porch! TWO parking spaces! Plus a hook-up for an EV

218 S Market Street, Frederick

$493,000

MDFR2074482 MLS ⋅ CLOSED Status

209 Locust Street, Frederick

$315,000

MDFR2054682 MLS ⋅ CLOSED Status

Waverly, Beer, Wine , Grocery & Lottery Sales Well Established Since About 1989 Ideal Corner Location With Considerable Exposure, Traffic & Pedestrian Count. Current Proprietor Has Been In This Profitable Location For 34 Years. Business Maintains Approximately $100,000 In Active Inventory & Current Sales Include Approximately 75% Beer Sales, 15% Wine Sales & 10% Miscellaneous Grocery Convenient Store Items That Includes Tobacco Sales. Currently Credit Card Sales Are About 50% & Cash Sales About 50%. The Business Generates Considerable MD Lottery Sales & The Business Maintains A & Seven Day License For Beer & Wine. Business Hours Are Sunday Through Thursday 10 AM To 10 PM. Friday & Saturday Business Hours Are 10 AM To 12 Midnight. The Business Is Being Offered For $595,000.00 Plus The Current Wholesale Cost Of Existing Inventory. Seller Prefers Cash Offers Eliminating Timely Financing Contingencies With SBA Or Commercial Loans. A Courtesy NDA Agreement Must Be Completed By Purchaser Prior To The Release Of Any Financial Disclosures. The Current Business Corp Is In Good Standing Per State Of MD. The Business Location Is Adjacent To A Busy Ford Dealership & Other Long Standing Well Established Class A Commercial Tenants.

45 Waverley Drive, Frederick Unit #A, Frederick

$700,000

MDFR2064152 MLS ⋅ CLOSED Status

Location, Location, Location!! 4-unit building in downtown, excellent investment opportunity! Apartments 1, 2, and 3 have very similar floorplans with one bedroom, one bath, living room, eat-in kitchen, and are fully leased. Apartment 4 has a great room/kitchen, one bedroom and bath, and is currently vacant. Large courtyard with wrought iron fence, 2nd and 3rd floor balconies. All units have refrigerator, stove, hardwood floors. Full basement has storage units for each apartment, as well as a coin-operated washer and dryer.

9 E 4th Street, Frederick

$537,000

MDFR2064938 MLS ⋅ CLOSED Status

Rare opportunity to own a fully renovated multi-family home in the heart of Downtown Frederick, featuring two separately metered units on one deed - perfect for investors, house hackers, or owner-occupants. Both units offer identical 2-bedroom, 1-bathroom layouts with access to a spacious backyard and off-street parking. Unit 114 has been beautifully updated with new laminate flooring, fresh paint, new appliances, and a remodeled bathroom. Unit 116 is tenant-occupied and currently rented at $1,900/month with a lease in place through February 28, 2026, providing immediate rental income. Major renovations were completed in 2013, including new siding, drywall, plumbing, electrical, and windows. The roof was replaced in 2018. Located just minutes from shops, restaurants, nightlife, and the MARC train, this property offers unmatched walkability and long-term upside. Live in one unit and rent the other, lease both for consistent cash flow, or convert into a single-family home - this Downtown gem is filled with potential.

114 Water Thru 116 Street, Frederick

$625,000

MDFR2057818 MLS ⋅ CLOSED Status

INVESTOR ALERT: Large lot has development potential to subdivide two TH lots or a duplex lot in the rear off Maxwell Alley. 3 unit multi-family, Two , 2 Bedroom 1 Bath renovated units include kitchen w/ stainless steel appliances, granite counters, stacked washer/dryer, luxury vinyl plank floors, updated : hot water heater & HVAC (2022) in UL, Mini split system & hot water heater installed (2022) in LL. Both units are vacant, ideal opportunity to live in one unit / rent the others. One 1 BR , 1 Bath unit recently renovated and currently rented month to month w/ long term tenant @ $800 a month. New asphalt shingles on rear , front metal roof painted ,and new new gutter system installed Dec 2024. Large lot includes right of way off Maxwell Alley w/ 3 bay garage , 1 rented mo to mo @ $125 a month w/ long term tenant, 2 other bays owner occupied. Off street parking for 10 + cars / opportunity to rent parking. Large yard affords possible future addition or take advantage of Frederick's ADU ordinance. Located in the heart of Frederick's Historic District,, near the MARC commuter rail, walk to restaurants, Carroll Creek park and all downtown living has to offer.

39 E 5th Street, Frederick

$480,000

MDFR2062020 MLS ⋅ CLOSED Status

INVESTOR ALERT! SOLD AS-IS This 4-UNIT APARTMENT BUILDING NEEDS WORK, but is located in the heart of Downtown Frederick and includes SIX OFF STREET PARKING SPACES and a large, fenced back yard. Each apartment is individually metered in this all electric property, with tenants responsible for all utilities except water/sewer. The building offers 2-one bedroom apartments and 2 studio apartments, each featuring their own private entrance. Each apartment housed long term tenants who paid under market rent. 3 units are vacant and 1 lease terminates in June. Seller did not renew leases once she decided to sell building. All units need lots of TLC- some more then others. The building itself also needs work. Current lead certificates are on file for each unit. With fewer than 5 units, financing does not necessitate a commercial loan, however, due to condition of property, a construction loan might be needed.

108 W Fourth Street, Frederick

$1,360,000

MDFR2059352 MLS ⋅ CLOSED Status

Traditional brick duplex with 3 bedrooms, 2 full baths. Large eat in kitchen, dining room and living room. Front and back porches to enjoy your morning coffee. Walking distance to downtown Frederick, as well as easy access to all major interstates.

1000 - 1006 7th Street, Frederick

$660,000

MDFR2058754 MLS ⋅ CLOSED Status

This historic downtown property has been an excellent investment for the current owners and can be one for you. The ground floor is a dry cleaners and alteration business that has been there for 34 years. The upper level has two one bedroom apartments. All dry cleaning is done off premises. The two apartments are accessed through the right side front door and up an impressive staircase. The drive way is owned by the seller and leads to 2 or more parking spaces in the rear. The property has a separate garage and large storage building which are not rented but offer additional potential rental income. There is an abundance of potential uses. Klineharts Alley is a convenient exit/entrance for the rear parking area. All tenants are month to month and prefer to stay. The business also wants to continue at this location. The building is in very good condition, and this is a premium location for commercial/residential use.

413 N Market Street, Frederick

$480,000

MDFR2053106 MLS ⋅ CLOSED Status

Rare Opportunity In Downtown Frederick To Own A Long Standing 7 Day Class A Liquor, Beer, Wine & Lottery Business In A Vibrant Commercial Corridor Located In Prospect Plaza Shopping Center Which Is Adjacent To MD Routes 15, 270 & 340. Other Class A Tenants Within Prospect Plaza & General Area Include McDonald's, Duncan Donuts, Subway, Dollar Tree , Popular Asian Restaurant, Pizza Hut, The Lube Center, CVS, EXON Gas Station, & More ! Current Owner/Proprietor Has Been At This Location For Approximately 28 Years Occupying Approximately 2600 SQ/FT Of Retail Space With 2 Rest Rooms & Updated Refrigeration Systems With Oversized Walk In Cooler, Display Shelving & A Wide Variety Of Active Inventory With An Approximate Value of (+/-) $250,000.00. Total Electric Service For HVAC Averages Between $800 and $1200 Per Month Depending On Seasonal Demands. Abundant & Convenient Customer Parking Plus Oversized Parking/Delivery Area In Rear Of Shopping Center. Successful Established Business Model Serving The Local Community Since About The 1990's. Current Owner Is Retiring & Willing To Consider Training A New Business Owner.

407 Jefferson S Street S, Frederick

$760,000

MDFR2056148 MLS ⋅ CLOSED Status

OWNER OCCUPIED INVESTMENT ALERT!!!! Live in 1 unit while renting out the other 2 units and build equity while other people pay a majority of your mortgage payment. Lender offering loan with only 3.5% down with Interest rates between 5.5%-6.5% depending on credit score and debt to income ratio for owner occupants. This loan product is not specific to this property and it is not Seller Financing. Own a piece of Frederick History with this iconic building but with all the LUXURY of today! This 3 unit apartment building has been fully renovated with stainless steel appliances, granite countertops, stunning walk in showers w/ modern tile work and beautiful baths . Original hardwood flooring throughout all the units with some rooms offering newer wood floors. Each unit has it's own washer and dryer. Unit A is located on the main floor with it's own private entrance. It offer's 3 bedrooms and 2 Full baths with access to a private fenced in courtyard. Unit B and C are located upstairs and have a separate entrance on the right hand side of the building. Unit B is a 1 bedroom, 1 bath unit. It offers exposed brick in the living/ kitchen area and has that uptown New York Vibe. Unit C is a 2 bedroom, 1 bath unit with a private balcony. Each unit has its own electric meter. Plenty of parking. There are 2 spaces in the driveway and 5 public street parking spaces between the front and side of the building. All 3 A/C units are newer. Located only 2 blocks away from Baker Park, 2 blocks away from Hood College and 2 blocks away from Historic Market St. Downtown Frederick. Walk to all the best restaurants, breweries, coffee shops, art galleries, Weinberg Center of the Arts and shops.

200 Fifth Street, Frederick

$279,000

MDFR2053574 MLS ⋅ CLOSED Status

This duplex on 7th Street in Frederick County is indeed a gem! The historical district setting enhances its charm, giving it a unique character that stands out. The dual access to the lower unit, through both the front and side doors, adds to its convenience and makes it versatile for different living arrangements. The thoughtful layout of each unit, complete with living spaces, bedrooms, kitchens, and full bathrooms, ensures a comfortable living experience. Having designated areas for washers and dryers in both units is a practical feature that many will appreciate. The separate entrance for the upper unit adds an extra layer of privacy, which is often a key consideration for residents in a multi-unit property. Overall, this is a well-renovated, comfortable, and appealing property that would be attractive to both residents and investors alike!

12 W 7th Street, Frederick

$425,000

MDFR2052976 MLS ⋅ CLOSED Status

Rare Opportunity in Historic Downtown Frederick! Currently this home is configured as two separate apartments with individual electric meters, it offers the flexibility to continue as rental units or be converted back into a single, magnificent residence. Come discover this charming all-brick home on a spacious corner lot, featuring a newer slate roof and furnace on a highly desirable street. With off-street parking, this property combines convenience with character. This home presents endless possibilities for renovation and customization. Enjoy the benefits of being downtown Frederick steps away from East Street Park, Carroll Creek or even Shab Row. Don’t miss out on the chance to own a piece of historical Frederick with great potential!

350 E 3rd Street, Frederick

$500,000

MDFR2052276 MLS ⋅ CLOSED Status

Your chance to buy this 2- story home on Biggs Avenue, near Rosedale Park, the Frederick Shopping Center and just a short walk to Baker Park. Nice side porch, large rooms. Updated baths. Huge back yard.

621 Biggs, Frederick

$1,000,000

MDFR2052636 MLS ⋅ CLOSED Status

SELLER HAS SET A DEADLINE FOR OFFERS OF WEDNESDAY AUGUST 28, 2024. SELLER RESERVES THE RIGHT TO ACCEPT AN OFFER PRIOR TO THE DEADLINE. This is a fantastic investment opportunity in the white hot East End of Frederick! This 7 unit apartment building is close to the YMCA, restaurants, breweries, distilleries and all of the delights of Downtown Frederick. Minutes from Wegmans, the shops at Clemson's Corner, schools and all the major commuter routes. Fully leased. Apartment 1 (first floor): Opens to a living room with a bay window. A hallway from the living room provides access to a bathroom, bedroom with a bay window, and an eat-in kitchen. An enclosed porch/storage area is adjacent to the kitchen and provides access to the basement and a separate exterior entrance at the rear of the unit. This unit has been updated primarily in the kitchen and bathroom. The bathroom has a sink, tub/shower, and toilet. The kitchen has an electric stove, refrigerator/freezer, and new cabinets with a laminated countertop and ceramic sink and a washer and dryer. Apartment 2 (second floor): This unit has a living room, one bedroom, a kitchen, and bathroom and has been updated. The bathroom has a tub, toilet, and sink with cabinet. The kitchen has metal and wood cabinets and older appliances (stove and refrigerator). This unit has a washer and dryer. Apartment 5 (second floor): Opens to a living room with a door to a “fire escape” set of stairs. The bedroom adjoins the south side of the living room. A bathroom is on the opposite side of the living room. An eat-in kitchen is adjacent to the living room and bathroom. The bathroom has a sink, tub/shower, and toilet. The kitchen has an electric stove, refrigerator/freezer, and wood cabinets with a laminated countertop and double bowl stainless steel sink. Apartments 3, 4 and 6: The units have an identical layout to Unit 5 with the exception that Units 3 and 4 are first floor units. Units 3 and 6 have not been renovated. Apartment 7: Opens to a living room with a fireplace and one-half bath. An eat-in kitchen is adjacent to half bath and living area. An open staircase is along the rear wall of the living area and leads to a second floor. The second floor has two bedrooms and full bathroom. The half bath on the first level contains a sink and toilet. The kitchen has an electric stove, refrigerator/freezer, and wood cabinets with a laminated countertop and double bowl stainless steel sink. A closet in the kitchen has a stackable washer and dryer unit. The second floor bathroom has a sink with vanity cabinet, toilet and tub/shower. Schedule 8825s (Schedule Es) are available in Documents. Schedule showings through Showing Time. There is one vacant unit that is very representative of the others. This unit is available to be shown as a Show and Go. The others will be made available after we are under contract for Inspection Day. Leases will be provided after we are under contract. Schedule 8825s (Schedule Es) are available in Documents.

114 E 8th Street, Frederick

$550,000

MDFR2045410 MLS ⋅ CLOSED Status

6726 Jefferson Blvd in Braddock Heights is a unique multifamily property currently on the market for $595,000. This versatile property comprises 2-4 units, and the owner is relocating, presenting an excellent investment opportunity. The expansive 24,020-square-foot property boasts convenient access points from two main roads at the front and rear. Notably, more than 15,000 square feet of the property is dedicated to rear parking, accessible via a gravel road, providing ample parking space. The following are detailed descriptions of each unit: Unit 1: Located on the ground floor Two bedrooms, one bathroom Updated flooring and in-unit washer and dryer Currently leased for one year with tenants paying $1,575 per month Features a private front porch Unit 2: Situated on the second floor Four bedrooms, two baths Carpeted floors with ample storage In-unit washer and dryer Currently leased for one year with tenants paying $1,879 per month Includes a private front deck Unit 3: Ground floor unit One bedroom, one bath Updated wood flooring and in-unit washer and dryer Currently leased for one year with tenants paying $1,325 per month Offers a private patio Unit 4: Studio unit above ground Ceramic tile flooring and updated appliances Currently leased for one year with tenants paying $850 per month Features its own private patio This multifamily property not only provides a diverse range of living spaces but also stands out with its strategic location and substantial parking amenities. Don't miss the chance to invest in this property with established leases in place, generating a solid rental income.

6726 Jefferson Boulevard, Frederick

$749,000

MDFR2047774 MLS ⋅ CLOSED Status

This multi-unit building is 2 duplex homes renovated in 2013. The entire first floor is office space with a 33 year on-site professional CPA business. The second floor offers a separate secure entrance to the second floor with 2 loft 2BR units. There is a paved parking lot, and the location is within blocks of FMH, Baker Park, Hood, and the Historic District. All 3 units have separate HVAC and the 2 residential units each have their own laundry. Improvements in 2013 include new metal rear roof, all necessary maintenace on existing slate roof, new rake boards, new gutters, downspouts, new roof on rear porch, all new windows entire building, new trim boards, new Hardy plank on rear pediment, all new windowsills, new shutters on building facade, exterior point-up work as needed, new metal railings front porch, 2nd floor conversion to 2-units, most interior walls replaced, new luxury baths with tile and glass surrounds, new loft areas for both residential units, new HVAC for all units, new kitchens and all new wiring and plumbing and WH for 2nd fl units, new instant-hot water 1st floor, new lighting thru-out, new water lines from street to building. fencing, landscaping, 4 new electric meters installed, new electrical panels, new rear foyer flooring, floors refinished in 2nd fl units. AGENTS READ AGENT REMARKS FOR SHOWING INSTRUCTIONS

300 Park Thru 302 Avenue, Frederick

$550,000

MDFR2046960 MLS ⋅ CLOSED Status

Wonderful three-unit apartment building in Downtown Frederick. Steps to MSD and the center of Downtown. Great opportunity to live in one unit and rent the other two, or rent all three! The floor plan of each unit is available in the photos. The building has been owned by the sellers since the 1960's. They used the building as a living space for their staff. The monthly rent amount collected is below market value. There are no written leases in place currently, only verbal. Unit 1 is unoccupied (includes washer/dryer in unit). Unit 2 is occupied at $750 a month and Unit 3 is occupied at $850 a month (the washer/dryer for units 2 & 3 are on the lower level). Heat is included with current rent amounts. In the winter gas runs about $600 a month. Water is also included in the current rent at $200 every quarter. The market value for rent for Units 1 & 2 is about $1450 per month and Unit 3 is about $1550 per month. Each unit is separately metered with individual electric meters. The building owner does pay for power for the water heater and shared areas, which is about $188 every month. Sellers will convey property occupied with current tenants and arrangements. Disclosures in the MLS. Please allow 24 hours for showing requests.

230 S Market Street, Frederick

$576,000

MDFR2047698 MLS ⋅ CLOSED Status

What a fascinating investment opportunity. CHECK VIRTUAL TOUR FOR INTERACTIVE FLOOR PLAN. This duplex unit has all the hard work done and is truly turn-key. Unit A's main level is graced with a full front and rear porch, hardwood floors in the living room, and dining room, and two generous bedrooms- one with a welcome walk-in closet. A large country kitchen with tons of cabinets and counters, a pantry, and a coffee bar station where you can grab a cup and welcome the morning on the private back porch. Unit A's lower level boasts a family room, bedroom, and a full bath, huge storage area, and laundry. An exit to the rear of the home is up the Bilco door steps. A nicely landscaped and fenced level lot with a walkway to the parking pad and lofted garage is also fully fenced. Upstairs off its private side porch is Unit B, a charming one-level home with a split bedroom design. The primary bedroom is to your right with lots of cubbies and closet space. The 2nd bedroom is down the hall and shares an updated classic bathroom. The big room can be a celebration-sized dining room, office, or great room. A third room currently a living room would also make a nice study or music room. A modern kitchen gets a lot of light and has everything you need including a stack washer and dryer. Assumable by anyone VA loan with a jaw-dropping 2.25% interest rate or perfect for an FHA or Conventional loan with a built-in mortgage buster of $1350 a month from the current rent payment. Turn key, beautifully updated duplex with a wonderful tenant in place in Unit B on a month-to-month lease who does the yard work and would love to stay! These tenants have been utilizing the 2 car front driveway. For peace of mind: roof and gutters in 2018, Heat pump furnace A/C, and compressors for each unit in 2017. The basement was waterproofed in 2017, the Electric heavy up, and the attic insulation in 2019. List of even more improvements in the online disclosures. Grab your Realtor and see this home now!

918 Motter Avenue, Frederick

$640,000

MDFR2046172 MLS ⋅ CLOSED Status

This property boasts a fully leased, updated, and renovated 4-unit apartment building, offering the potential to occupy one unit while generating income from the others. Each apartment is individually metered in this all-electric property, with tenants responsible for all utilities except water/sewer. The building comprises two one-bedroom apartments on each floor, each featuring shaded front and rear porches. The basement is dry and unfinished, providing internal access and housing four hot water heaters. There are window A/C units for each apartment. Current lead certificates and executed leases are on file for each unit. Constructed with low-maintenance block materials. Each unit can obtain one free parking permit to park in the street in front of the building. A narrow 'Pony Way' or alley on the east side provides access to the rear garden. Conveniently located near the MARC Rail Station, Carroll Creek Promenade, restaurants, galleries, and shopping, the property is meticulously maintained and managed by the current owner. The property generates $59,500 in total annual income in 2023 and $62,400 in 2024, with expenses, including taxes, insurance, water/sewer, lead inspection (only required upon change of tenants), and normal maintenance totaling approximately $ 12,400 annually, resulting in a net operating income of $50,000. With fewer than 5 units, financing does not necessitate a burdensome commercial loan.

154 All Saints Thru 156 Street, Frederick

$650,000

MDFR2044848 MLS ⋅ CLOSED Status

Introducing a unique Investment opportunity located on South Street in downtown Frederick, MD! This offering includes two distinct buildings. The first, 4 W South, is a charming two level residence featuring two bedrooms, one bathroom, an efficient kitchen, hardwood flooring and a distinctive outdoor space . The second building exudes an industrial aesthetic and houses a two-unit apartment complex. The main floor unit (6A) is a spacious one-bed, one-bath layout with cement floors, large kitchen with skylight. The upper floors form a cohesive unit, with the second floor offering a one-bed, one-bath living space and kitchen, while the third floor loft, accessible by a spiral staircase, opens into a generously sized room with a wall of windows flooding the space with natural light and leading to an exceedingly impressive rooftop terrace/balcony. This property promises a blend of character, versatility, and urban living, making it an ideal investment in the heart of Frederick! Just steps away from Market St., with restaurants, breweries, and activities galore!

4 South Street, Frederick

$610,000

MDFR2043730 MLS ⋅ CLOSED Status

ATTENTION INVESTORS: What a great opportunity to own two units with lots of garage, carport and driveway parking spaces for additional rental income! The main floor unit is 1936 SF and has 3 bedrooms and 2 bathrooms and is all on one floor. The upper unit is 1,034 SF and has 2 bedrooms and 1 bath with a walk-up attic that could be renovated into a third living space. Both units have full kitchens and laundry areas. There is a one-car garage that is 23' x 23' with a huge workshop area and the second was converted to a man-cave/she-shed with loft but could easily be converted back into a 2-car garage. A carport and large, private driveway in addition make room for at least 20 cars. There is yard space behind the carport/garage for even more parking. Speaking of the yard, this home is situated on a.33 acres. You’ll forget you’re in the city with all this space, Where else will you get a yard like this and parking for 20+ cars in downtown Frederick? Walk to restaurants, shopping, catch the MARC train. Enjoy life here! Better get here quick before another savvy investors scoops it up!

421 W South Street, Frederick

$425,000

MDFR2043266 MLS ⋅ CLOSED Status

OPPORTUNITY KNOCKS! Fantastic Fully Occupied Five Unit Multi Family Conveniently Located In Mount Pleasant! Each unit is metered separately providing efficiency and convenience. Individual water heaters for each unit contribute to resource efficiency. Multiple storage units and garage present an additional income potential. Ample parking with ingress/egress drive with parking for 8-10 vehicles ensures convenience for Tenants. Please see the Disclosures for additional details. Don't miss out on this turnkey investment with reliable income streams. Schedule a showing to explore the potential of this property!

9823 Liberty Road, Frederick

$582,500

MDFR2041662 MLS ⋅ CLOSED Status

A fantastic opportunity for an investor! Multi-Family/Triplex home with 3 separate units located on .59 acres on East 6th Street in Frederick, Maryland. Each unit is two levels and includes its own washer and dryer. **Unit ONE washer/dryer does not convey as it is tenant owned** There is a garage with 8 bays that could potentially generate additional rental income. Please note that this property is in the Historic District of Frederick City. Potential for building townhomes on this large lot. The driveway to this property is between homes 125 and 129 E 6th Street. There is no place on the street to place a For Sale sign. Showings will start on Monday, October 2nd. All appointments are to be made through the listing or co-listing agent. *** Please give the tenants 24-hour notice. Showings will be Monday, Wednesday, and Friday after 5 p.m. and between 9 a.m. and 7 p.m. on Saturday and Sunday. *** The Listing Agent or a representative of the Estate must attend all showing appointments. The multi-family home is being sold as part of an Estate and is being sold strictly AS-IS. Settlement to be in Frederick County, Maryland. The Seller would prefer to use RGS Title, LLC. located at 5301 Buckeystown Pike, Suite 200, Frederick, Maryland.

127 E 6th Street, Frederick

$590,000

MDFR2041320 MLS ⋅ CLOSED Status

Multi-Family property in walking distance to Downtown Frederick, Carroll Creek, Baker Park & everything Downtown Frederick has to offer. House hacking at its best! Rent out one unit and let the other pay for your mortgage. This property consists of two 3 bedroom apartments. The 1st apartment is ground level. Walk into your spacious foyer with natural oak hardwood flooring. Kitchen with custom cabinets, lots of counter space and updated appliances. 3 large bedrooms. The bathroom was just remodeled with custom ceramic tile. New deck off the kitchen is great for entertaining guests. Huge yard on a corner lot. The upper apartment has luxury vinyl plank flooring, huge kitchen, 3 large bedrooms and a full bathroom. There are two separate washer & dryers. The upper apartments are rented for $2,500 a month. The lower apartment could be a great Airbnb. There are so many possibilities for this property.

619 Biggs Avenue, Frederick

$710,000

MDFR2041020 MLS ⋅ CLOSED Status

***INVESTOR ALERT!*** Welcome to 101 East 3rd Street, a fantastic multi-family property located in the heart of Frederick's historic District. This charming three-unit apartment building is now available for sale, offering an excellent investment or house hack opportunity. Each unit within this well-maintained building boasts its own unique features with some charming historic touches as well as modern updates. There are two 1-bedroom units and a 2-bedroom unit that provide comfortable living spaces with lots of natural light. Two of the units have rear balconies and the lower unit has a rear sunroom. Recently renovated kitchens showcase stainless steel appliances and stunning quartz countertops, creating a modern and inviting atmosphere. Additionally, all three bathrooms have been tastefully updated. The entire building boasts refinished hardwood floors, providing a timeless elegance throughout. For added comfort, each unit has new HW heaters and ductless mini split heat pumps, ensuring a cozy environment year-round. The electric and plumbing was brought to code and work was permitted through the city. Conveniently situated just a half block away from Market St on the corner of Maxwell Alley, this property offers easy access to the vibrant shops, restaurants, and entertainment options that Frederick has to offer. With its prime location and attractive updates, this multi-family property presents an incredible opportunity for investors or those seeking a multi-generational living arrangement. Don't miss out on this wonderful chance to own a piece of Frederick's history! ***Also, there is a separate 550 sq ft parcel that includes a 1 car oversize garage with stairs to full size loft area and a driveway with 1 parking spot at the rear of the building that is being sold separately. The parcel will be 1st offered to purchaser of the building before being listed.***

101 East Third Street, Frederick

$855,000

MDFR2038656 MLS ⋅ CLOSED Status

6 Unit Mixed Use (1 Commercial/5 Residential) 4 OSP. Call for Offers 8/31/23.

332 N Market N Street N, Frederick

$537,000

MDFR2034676 MLS ⋅ CLOSED Status

**TWO SIDES OF A DOWNTOWN FREDERICK DUPLEX!** Sale includes 403 AND 403A W South St. Brick duplex with off-street parking. Each side is 2BD / 1BA. Live in one side and rent the other or rent both. Or purchase both units now and sell separately. Or use as an Airbnb! One side was recently renovated. Each side currently rents for $1650 ($3300 total gross rent per month). Two off street parking spaces directly behind the building. Two blocks from Baker Park. Rare opportunity, don't wait!

403 South W W, Frederick

$600,000

MDFR2041114 MLS ⋅ CLOSED Status

1308 N Market Street, Frederick

$550,000

MDFR2039008 MLS ⋅ CLOSED Status

Classic Brick Home in the north end of Frederick. Building has 3 units and all are leased. Original hardwood floors. Units show well. Fire escape in rear was replaced and is wide. Rear patio to enjoy the private yard. Basement has shared laundry and storage rooms for each apartment. Detached three car garage, 1 bay for each unit plus parking in front of each garage door. Parking out front on the street with no meters. Next door to the YMCA and close to Downtown, Baker Park, shopping, and commuter routes. Newer Gas Hot Water Heater and sump pump.

920 N Market Street, Frederick

$350,000

MDFR2034242 MLS ⋅ CLOSED Status

309 W South Street, Frederick

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