Apartment Building

Lavale, MD Apartment Buildings for Sale

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Cresaptown, MD Ridgeley, WV Ellerslie, MD Oldtown, MD Mount Savage, MD Eckhart Mines, MD Frostburg, MD Fort Ashby, WV
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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
Updated: Apr 24
Nine-Unit Multifamily Investment Opportunity

315 FREDERICK, Cumberland, MD 21502

$299,000
4,500 sqft 0.08 AC lot
Investment opportunity: Nine‑unit property with efficiency apartments and commercial space (laundry area).
Convenient location: Easy access to downtown amenities, shopping, and transportation.
Income potential: Currently has 3 units leased.
Recent upgrade: Gas boiler replaced 2 years ago.
Additional investment potential: Other properties available for purchase, with a discount for buying all.
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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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5-Unit Apartment Building
5-Unit Apartment Building

807 BEDFORD ST, Cumberland, MD 21502

$216,500
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

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0.08 AC lot

Income-producing multifamily property near downtown Cumberland amenities.

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Based on your search, we've compiled 11 Potential Opportunities for your consideration. Besides 7 Active listings in Lavale, 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
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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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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Historic Multifamily Portfolio Opportunity
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.

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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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Lavale, MD Apartment Buildings Market Trends and Statistics

Explore 7 apartment buildings for sale in Lavale, MD, showcased through 7 active listings on our real estate platform. These investment opportunities span a total of 21,572 square feet of properties for sale, with an estimated market value of $1,978,500.

Sale prices for apartment complexes in Lavale, MD start at $104,000, averaging $329,750, 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 14.2%

High-Yield Neighborhoods for Investment

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

Neighborhood Average Price
Cumberland - 21502 $299K

Listings Trend

New vs delisted commercial listings in Allegany County

New Delisted

Total CRE Inventory on Market (SF)

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