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    Allegany County, MD Apartment Buildings for Sale

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    Five-Unit Multifamily Investment Property
    $249,000

    Five-Unit Multifamily Investment Property

    229 E Union St, Cumberland, MD 21502

    Multifamily property with five units in established residential neighborhood.

    • Five income‑producing units provide immediate rental income.
    • Located in an established residential neighborhood with access to downtown amenities, shopping, and major commuter routes.
    • Tenant‑paid electric reduces landlord expenses.
    • Includes a garage.
    • Mix of unit types attracts a wider range of tenants.
    Updated: Feb 9
    View details
    Nine-Unit Property with Commercial Space
    $299,000

    Nine-Unit Property with Commercial Space

    315 Frederick St, Cumberland, MD 21502

    Investment opportunity: nine efficiency apartments with commercial space in Cumberland.

    • Investment opportunity with nine efficiency apartments.
    • Ideally located with easy access to downtown amenities, shopping, and transportation.
    • Includes a commercial space currently used as a tenant laundry area.
    • Gas boiler replaced 2 years ago.
    • Three units are currently leased (2 @ $725, 1 @ $625).
    Updated: Feb 9
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    Five-Unit Multifamily Investment Property
    $259,000

    Five-Unit Multifamily Investment Property

    Income-producing multifamily property near downtown Cumberland amenities.

    341 Frederick St, Cumberland, MD 21502
    View details
    Based on your search, we've compiled 19 Potential Opportunities for your consideration. Besides 3 Active listings in Allegany County, MD, we suggest exploring several alternatives: similar 12 Off-Market properties to explore as potential leads, plus 4 Land Listings that present a potential for development.

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Near Shepherd University
    $650,000
    3.70 Acres

    Land Near Shepherd University

    Prime land with approved apartment concept near Shepherd University.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443
    View details
    Wilkes Barre Land Opportunity
    $130,000
    0.43 Acres

    Wilkes Barre Land Opportunity

    Land available for multi-unit development near university and transportation.

    320 N Main Street, Wilkes Barre, PA 18702
    View details
    Multifamily Development Opportunity in Charlotte
    $559,700
    0.47 Acres

    Multifamily Development Opportunity in Charlotte

    Prime 0.47-acre parcel zoned for multifamily development near UNC Charlotte.

    4312 Tantilla Circle, Charlotte, NC 28215
    View details
    Asheville Development Opportunity: 5.94 Acres
    $2,500,000
    5.94 Acres

    Asheville Development Opportunity: 5.94 Acres

    5.94-acre parcel zoned RM6, ideal for multi-family development.

    215 N Bear Creek Road, Asheville, NC 28806
    View details

    Explore Off-Market Properties in Allegany County, MD

    Consider similar Off-Market properties in Allegany County, MD. You may contact the owners directly to inquire about their potential intentions to sell. To help you make a strong first impression, we can assist by reaching out to these owners with compelling proposals created using our AI tool.

    135 Mechanic St

    135 Mechanic St

    APARTMENT HOUSE (100+ UNITS) • 82,950 SF
    Value Estimation
    $5,000,000
    135 Mechanic St, Cumberland, MD 21502-2351
    View details
    10 Liberty St

    10 Liberty St

    APARTMENT HOUSE (5+ UNITS) • 60,354 SF
    Value Estimation
    $3,390,000
    10 Liberty St, Cumberland, MD 21502-2350
    View details
    15904 Williams SE Rd

    15904 Williams SE Rd

    APARTMENT HOUSE (5+ UNITS) • 5,325 SF
    Value Estimation by Request
    15904 Williams SE Rd, Cumberland, MD 21502-7980
    View details
    220 Somerville Ave

    220 Somerville Ave

    APARTMENT HOUSE (100+ UNITS) • 79,296 SF
    Value Estimation
    $4,280,000
    220 Somerville Ave, Cumberland, MD 21502-4375
    View details
    700 Fayette St

    700 Fayette St

    Multifamily properties • 6,160 SF
    Value Estimation by Request
    700 Fayette St, Cumberland, MD 21502
    View details
    1068 National Hwy

    1068 National Hwy

    Multifamily properties • 13,072 SF
    Value Estimation by Request
    1068 National Hwy, La Vale, MD 21502
    View details
    229 Union St

    229 Union St

    Multifamily properties • 5,160 SF
    Value Estimation by Request
    229 Union St, Cumberland, MD 21502
    View details
    504-504 Rear Dilley St

    504-504 Rear Dilley St

    Multifamily properties • 2,384 SF
    Value Estimation by Request
    504-504 Rear Dilley St, Cumberland, MD 21502
    View details
    508-514 Bedford St

    508-514 Bedford St

    Multifamily properties • 4,124 SF
    Value Estimation by Request
    508-514 Bedford St, Cumberland, MD 21502
    View details
    708 Fayette St

    708 Fayette St

    Multifamily properties • 2,178 SF
    Value Estimation by Request
    708 Fayette St, Cumberland, MD 21502
    View details
    14513 Mcmullen SW Hwy

    14513 Mcmullen SW Hwy

    APARTMENT HOUSE (5+ UNITS) • 420 SF
    Value Estimation by Request
    14513 Mcmullen SW Hwy, Cresaptown, MD 21502-5606
    View details
    229 Baltimore Ave

    229 Baltimore Ave

    APARTMENT HOUSE (100+ UNITS) • 100,232 SF
    Value Estimation
    $5,130,000
    229 Baltimore Ave, Cumberland, MD 21502-2467
    View details

    Allegany County, MD Apartment Buildings Investment Opportunities Market Analysis

    Explore 15 apartment buildings for sale in Allegany County, MD, showcased through 3 active listings on our real estate platform. These investment opportunities span a total of 118,265 square feet of properties for sale, with an estimated market value of $5,385,000.

    Sale prices for two-family homes in Allegany County, MD start at $385,000, averaging $2,692,500, and reaching up to $5,000,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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