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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 Eckhart Mines, MD Frostburg, MD Fort Ashby, WV
    9 properties
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    Five-Unit Brick Apartment Building
    Updated: May 1
    Five-Unit Brick Apartment Building

    807 BEDFORD Street, Cumberland, MD 21502

    $215,000
    2,395 sqft 0.06 AC lot
    Five‑unit apartment building converted from a duplex
    2,395 square feet on 0.0634 acres
    Brick construction completed in 1920
    All five units currently rented
    Electric baseboard heating
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    11-Unit Apartment Building with Laundry
    Updated: Jun 22
    11-Unit Apartment Building with Laundry

    2 Altamont Terrace, Cumberland, MD 21502

    $640,000
    7,997 sqft
    11‑unit multifamily property built in 1898
    Coin‑operated laundry equipment on site
    Almost fully occupied with established rental history
    Professionally managed apartment property
    R‑L zoning designation
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    Nine-Unit Multifamily Investment Opportunity
    Nine-Unit Multifamily Investment Opportunity

    315 FREDERICK, Cumberland, MD 21502

    $299,000
    4,500 sqft 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
    3,680 sqft 0.08 AC lot

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

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    9-Unit Apartment Building
    9-Unit Apartment Building

    513 National, Lavale, MD 21502

    $299,000
    5,600 sqft

    Apartment property outside city limits with convenient access to I-68 eastbound and westbound.

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    5-Unit Apartment Building
    5-Unit Apartment Building

    807 BEDFORD ST, Cumberland, MD 21502

    $215,000
    2,395 sqft

    Five-unit apartment property with all units currently rented.

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    Historic Downtown Cumberland Multifamily Opportunity
    Historic Downtown Cumberland Multifamily Opportunity

    124 BEDFORD St, Cumberland, MD 21502

    $104,000
    3,000 sqft 0.04 AC lot

    Rare multifamily/commercial property in historic downtown Cumberland.

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    Nine-Unit Apartment Building
    Nine-Unit Apartment Building

    12 1/2 S WAVERLY TER, Cumberland, MD 21502

    $470,000

    Multifamily property with renovated interiors, separate electric meters, laundry rough-ins, and dedicated off-street parking.

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

    341 Frederick St, Cumberland, MD 21502

    Contact for pricing
    0.08 AC lot

    Income-producing multifamily property near downtown Cumberland amenities.

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    Based on your search, we've compiled 24 Potential Opportunities for your consideration. Besides 9 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.

    Mixed-Use Property with Rental Units
    Mixed-Use Property with Rental Units

    176 176/184 Wilkes St, Berkeley Springs, WV 25411

    $1,599,999
    7,825 sqft

    Two Wilkes Street buildings combine residential units, a first-floor shop, and a restaurant with a full kitchen and long-term lease.

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    Mixed-Use Income Property
    Mixed-Use Income Property

    176/184 Wilkes Street, Berkeley Springs, WV 25411

    $1,599,999
    7,825 sqft

    Two buildings combine rental apartments with a leased restaurant featuring a full kitchen.

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    22-Unit Townhome Community
    22-Unit Townhome Community

    201 201,192,193,187 Glenn St, Frostburg, MD 21532

    $1,700,000
    27,416 sqft

    A recently updated multifamily community offers a mix of two- and three-level residences.

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    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.

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    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

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

    10 Liberty St, Cumberland, MD 21502-2350

    Estimated value:
    $3,390,000
    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

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

    220 Somerville Ave, Cumberland, MD 21502-4375

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

    700 Fayette St, Cumberland, MD 21502

    Estimated value: by Request
    6,160 sqft 0.30 AC lot
    View details
    1068 National Hwy
    Multifamily properties

    1068 National Hwy, La Vale, MD 21502

    Estimated value: by Request
    13,072 sqft 0.91 AC lot
    View details
    229 Union St
    Multifamily properties

    229 Union St, Cumberland, MD 21502

    Estimated value: by Request
    5,160 sqft
    View details
    504-504 Rear Dilley St
    Multifamily properties

    504-504 Rear Dilley St, Cumberland, MD 21502

    Estimated value: by Request
    2,384 sqft 0.11 AC lot
    View details
    508-514 Bedford St
    Multifamily properties

    508-514 Bedford St, Cumberland, MD 21502

    Estimated value: by Request
    4,124 sqft 0.17 AC lot
    View details
    708 Fayette St
    Multifamily properties

    708 Fayette St, Cumberland, MD 21502

    Estimated value: 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

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

    Cumberland, MD Apartment Buildings Market Trends and Statistics

    Explore 20 apartment buildings for sale in Cumberland, MD, showcased through 9 active listings on our real estate platform. These investment opportunities span a total of 29,567 square feet of properties for sale, with an estimated market value of $2,491,000.

    Sale prices for two-family homes in Cumberland, MD start at $104,000, averaging $311,375, and reaching up to $640,000 — 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 $313.1K

    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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