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    Cumberland, MD
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    Cumberland, MD Apartment Buildings for Sale

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    Cresaptown, MD Ridgeley, WV Mount Savage, MD Ellerslie, MD Oldtown, MD Frostburg, MD Eckhart Mines, MD Hyndman, PA
    Converted 5-Unit Multifamily Building
    Updated: May 1
    Converted 5-Unit Multifamily Building

    807 BEDFORD Street, Cumberland, MD 21502

    $215,000
    2,395 sqft 0.06 AC lot
    Brick building originally built in 1920
    Converted duplex now operated as a 5‑unit building
    Property is currently fully rented
    Heating includes baseboard plus electric and other heating
    Parking available with on‑street and off‑street options
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    This listing looks promising.

    Here's a quick look at some key insights for

    807 BEDFORD Street, CUMBERLAND, MD 21502

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    • Est. Cap Rate

      7%
      Above avg (5.9%)

    • Est. NOI

      $15K
      Annual

    • Price @ 7% Cap

      $215K
      Suggested

    • Property Type

      Townhouse
      Built 1920
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    Historic Downtown Cumberland Multifamily Opportunity
    Updated: Mar 10
    Historic Downtown Cumberland Multifamily Opportunity

    124 BEDFORD St, Cumberland, MD 21502

    $140,000
    3,000 sqft 0.04 AC lot
    Rare multi‑family/commercial opportunity in Historic Downtown Cumberland.
    Three separate apartments offer income‑producing potential or owner‑occupancy.
    Over 3,000 square feet of space with flexible layouts.
    Original ornate woodwork, grand staircase, and detailed fireplace mantel.**
    Charming courtyard with private access to all three levels.
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    Nine-Unit Multifamily Investment Opportunity
    Nine-Unit Multifamily Investment Opportunity

    315 FREDERICK, Cumberland, MD 21502

    $299,000
    0.08 AC lot

    Nine-unit property with commercial space in Cumberland, Maryland.

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    Five-Unit Multifamily Investment Property
    Five-Unit Multifamily Investment Property

    229 E UNION St, Cumberland, MD 21502

    $249,000
    0.08 AC lot

    Five income-producing units in established residential neighborhood near downtown.

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    Turn a Listing Into an Investment Snapshot Cap Rate, Potential NOI, Demand score for every listing. Go To Analytics Center
    Romanesque Apartment Building with Owner Suite
    Romanesque Apartment Building with Owner Suite

    103 Washington St, Cumberland, MD 21502

    Contact for pricing

    1880s Romanesque building with 11 apartments and a multi-bedroom owner suite; city inspections and lead certificates current.

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    Based on your search, we've compiled 20 Potential Opportunities for your consideration. Besides 5 Active listings in Cumberland, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, and similar 11 Off-Market properties to explore as potential leads

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Two-Story Concrete Block Apartment Building
    Two-Story Concrete Block Apartment Building

    85 North Water Street, Keyser, WV 26726

    $39,500
    7,168 sqft

    Two-story concrete block building with public front parking, on-site utilities, and recent block-work upgrades.

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    Downtown Keyser Concrete Block Building
    Downtown Keyser Concrete Block Building

    85 NORTH WATER STREET, Keyser, WV 26726

    Contact for pricing
    0.13 AC lot

    Two-story concrete block building in downtown Keyser with unrestricted use.

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    Frostburg Apartment Complex Investment Opportunity
    Frostburg Apartment Complex Investment Opportunity

    27 FIRST St, Frostburg, MD 21532

    $475,000

    Seven-unit apartment complex near downtown Frostburg and Frostburg State University.

    View details
    Student Housing Portfolio
    Student Housing Portfolio

    114 Bowery Street, Frostburg, MD 21532

    Contact for pricing

    Turn-key 59-unit student housing portfolio with pre-leased revenue serving Frostburg State University.

    View details

    Off-Market Properties in Cumberland, MD

    Consider similar Off-Market properties in Cumberland, 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
    APARTMENT HOUSE (100+ UNITS)

    135 Mechanic St, Cumberland, MD 21502-2351

    $5,000,000
    Estimated value
    82,950 sqft 0.90 AC lot
    View details
    10 Liberty St
    APARTMENT HOUSE (5+ UNITS)

    10 Liberty St, Cumberland, MD 21502-2350

    $3,390,000
    Estimated value
    60,354 sqft 0.63 AC lot
    View details
    15904 Williams SE Rd
    APARTMENT HOUSE (5+ UNITS)

    15904 Williams SE Rd, Cumberland, MD 21502-7980

    $385,000
    Estimated value
    5,325 sqft 1.81 AC lot
    View details
    220 Somerville Ave
    APARTMENT HOUSE (100+ UNITS)

    220 Somerville Ave, Cumberland, MD 21502-4375

    $4,280,000
    Estimated value
    79,296 sqft 2.05 AC lot
    View details
    700 Fayette St
    Multifamily properties

    700 Fayette St, Cumberland, MD 21502

    Value Estimation by Request
    6,160 sqft 0.30 AC lot
    View details
    1068 National Hwy
    Multifamily properties

    1068 National Hwy, La Vale, MD 21502

    Value Estimation by Request
    13,072 sqft 0.91 AC lot
    View details
    229 Union St
    Multifamily properties

    229 Union St, Cumberland, MD 21502

    Value Estimation by Request
    5,160 sqft
    View details
    504-504 Rear Dilley St
    Multifamily properties

    504-504 Rear Dilley St, Cumberland, MD 21502

    Value Estimation by Request
    2,384 sqft 0.11 AC lot
    View details
    508-514 Bedford St
    Multifamily properties

    508-514 Bedford St, Cumberland, MD 21502

    Value Estimation by Request
    4,124 sqft 0.17 AC lot
    View details
    708 Fayette St
    Multifamily properties

    708 Fayette St, Cumberland, MD 21502

    Value Estimation by Request
    2,178 sqft 0.27 AC lot
    View details
    229 Baltimore Ave
    APARTMENT HOUSE (100+ UNITS)

    229 Baltimore Ave, Cumberland, MD 21502-2467

    $5,130,000
    Estimated value
    100,232 sqft 1.23 AC lot
    View details

    Cumberland, MD Apartment Buildings Market Trends and Statistics

    Explore 16 apartment buildings for sale in Cumberland, MD, showcased through 5 active listings on our real estate platform. These investment opportunities span a total of 5,395 square feet of properties for sale, with an estimated market value of $903,000.

    Sale prices for two-family homes in Cumberland, MD start at $140,000, averaging $225,750, and reaching up to $299,000 — 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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    Demographics Overview

    Population 42K
    Population Growth (5Y) -1.8%
    Median Household Income $58,721
    College Educated 5.7%

    High-Yield Neighborhoods for Investment

    Identify Cumberland submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

    Neighborhood Average Price
    21502 $225.8K

    Taxes & Financing

    Tax Rate (average for all types) 1.01%
    Property Tax per SF $12.85 per SF
    Tax Rate vs County Average 0.02 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Allegany County

    New Delisted

    Total CRE Inventory on Market (SF)

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