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    Cumberland, MD
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    Cumberland, MD Apartment Buildings for Sale

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    Cresaptown, MD Ridgeley, WV Ellerslie, MD
    6 properties
    Cumberland Multifamily Investment Opportunity
    Updated: May 1
    Cumberland Multifamily Investment Opportunity

    807 BEDFORD Street, Cumberland, MD 21502

    $225,000
    2,395 sqft · 0.06 AC lot
    Converted duplex into a 5‑unit building that is currently fully rented
    Brick construction
    Year built: 1920
    Heating includes electric and baseboard (plus other heating)
    Parking available on‑street and off‑street
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    Five-Unit Apartment Building in Cumberland
    Updated: May 1
    Five-Unit Apartment Building in Cumberland

    511 SHRIVER Avenue, Cumberland, MD 21502

    $200,000
    3,544 sqft · 0.08 AC lot
    Five‑unit apartment building
    Four one‑bedroom apartments plus garage apartment
    Potential to live in one unit and rent out the others to cover mortgage
    P&L statements available
    Attached garage
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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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    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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    Five-Unit Multifamily Investment Property
    Five-Unit Multifamily Investment Property

    229 E Union St, Cumberland, MD 21502

    $249,000
    0.08 AC lot

    Multifamily property with five units in established residential neighborhood.

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    Nine-Unit Property with Commercial Space
    Nine-Unit Property with Commercial Space

    315 Frederick St, Cumberland, MD 21502

    $299,000
    0.08 AC lot

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

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    Based on your search, we've compiled 25 Potential Opportunities for your consideration. Besides 6 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, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

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

    Renovated Multifamily Property
    Renovated Multifamily Property

    136 Waverly Street, Westernport, MD 21562

    $325,000
    5,044 sqft · 0.99 AC lot

    Six-unit property with earning potential after 2024 renovation.

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    Multifamily Investment Property in Frostburg
    Multifamily Investment Property in Frostburg

    8 HILL St, Frostburg, MD 21532

    $265,000

    Six-unit property with cash flow and upside potential near university.

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    Renovated 6-Unit Multifamily Property
    Renovated 6-Unit Multifamily Property

    136 WAVERLY St, Westernport, MD 21562

    $314,900

    Six-unit multifamily with 2024 renovations and recent upgrades, positioned for straightforward ownership.

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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.

    View details

    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
    Land Near Shepherd University

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    $650,000
    3.70 AC lot

    Prime land near Shepherd University with development potential.

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    Central Business Zoned Development Land
    Central Business Zoned Development Land

    107 HOWARD Street, La Plata, MD 20646

    $250,000
    0.23 AC lot

    Central Business zoned parcel with plans for a three-story mixed-use building and 15 parking spaces.

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    Brooklyn Two-Family Home with Development Potential
    Brooklyn Two-Family Home with Development Potential

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    2,660 sqft · 0.10 AC lot

    Two-family home on a large lot with significant development potential.

    View details
    Asheville Development Opportunity: 5.94 Acres
    Asheville Development Opportunity: 5.94 Acres

    215 N Bear Creek Road, Asheville, NC 28806

    $2,500,000
    5.94 AC lot

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

    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

    Value Estimation by Request
    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 17 apartment buildings for sale in Cumberland, MD, showcased through 6 active listings on our real estate platform. These investment opportunities span a total of 5,939 square feet of properties for sale, with an estimated market value of $425,000.

    Sale prices for two-family homes in Cumberland, MD start at $200,000, averaging $212,500, and reaching up to $225,000 — 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 $254.3K

    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

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