Frostburg, MD Apartment buildings for sale

Updated: Oct 2

22-Unit Townhome Community

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

$1,700,000

27,416 sqft

22 townhome units
17 two‑level residences with 2 bedrooms and 2.5 baths; 5 three‑level residences with 3 bedrooms, 2.5 baths, and basements
27,416 square feet
21 units occupied; 1 unit under renovation, with completion expected by October 2026
Built in 1988

View details

Updated: May 29

Student Housing Portfolio

114 Bowery Street, Frostburg, MD 21532

Contact for pricing

43‑property (59‑unit) student housing portfolio in Frostburg, MD serving Frostburg State University (FSU).
2025 gross income: $448,850 (reported as 2025 calendar‑year actual).
Appraised at $4,564,800 in 2022; market estimate valuation of $5,863,600 (2026).
Pre‑leased revenue with numerous student leases already signed for the upcoming 2026/2027 academic year.
All 43 properties are within walking distance to the FSU campus.

View details

See hot listings in Frostburg

Scored against comparables nationwide. These are worth a look.

Cap Rate available after sign in

Est. NOI available after sign in

Local Demand available after sign in

Based on your search, we've compiled 6 Potential Opportunities for your consideration. Besides 2 Active listings in Frostburg, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities

Opportunities in Nearby Cities

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

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.

View details

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.

View details

Historic Multifamily Portfolio Opportunity

268 Wilkes Street, Berkeley Springs, WV 25411

Contact for pricing

23,497 sqft

Three-building multifamily portfolio offers a range of unit sizes, from efficiency studios to larger multibedroom apartments.

View details

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.

View details

Frostburg, MD Apartment Buildings Market Trends and Statistics

Explore 2 apartment buildings for sale in Frostburg, MD on our real estate platform. These investment opportunities span a total of 27,416 square feet of properties for sale, with an estimated market value of $1,700,000.

Sale prices for apartment complexes in Frostburg, MD average $1,700,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

Featured Frostburg Real Estate Agencies

Realmo connects you with licensed Frostburg CRE brokers providing property specifications, local market pricing, and commercial transaction underwriting support.

Carter & Roque Real Estate

9 W Main Street Frostburg, MD 21532

Phone: (301) 689-0100

www.carterandroque.com

The Goodfellow Agency

5 MAIN ST Frostburg, MD 21532

Phone: (301) 689-8857