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    Fully Leased 5-Unit Apartment Building
    Updated: Jul 18
    Fully Leased 5-Unit Apartment Building

    231 N Church St, Thurmont, MD 21788

    $519,999
    5,096 sqft
    Fully leased 5‑unit building in Thurmont
    Total monthly income of $4,875
    Unit mix: four 1 bed/1 bath and one 2 bed/1 bath apartment
    Tenants pay their own electric; each apartment is separately metered
    Owner pays water/sewer and trash
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    Fully Leased 5-Unit Apartment Building
    Updated: Mar 29
    Fully Leased 5-Unit Apartment Building

    229-231 N Church Street, Thurmont, MD 21788

    $519,999
    5,096 sqft
    Fully leased 5‑unit apartment building
    5,096 square feet built in 1890
    Unit mix includes four 1‑bedroom/1‑bathroom apartments and one 2‑bedroom/1‑bathroom apartment
    Each apartment is separately metered for electric
    Tenants pay their own electric; owner pays water/sewer and trash
    View details
    See what stands out in Frederick County

    We check every for-sale listing in the county against comparable properties across the country. Most price about where you would expect. A few are worth a second look.

    We check every listing here. A few are worth a second look.

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    Based on your search, we've compiled 7 Potential Opportunities for your consideration. Besides 2 Active listings in Thurmont, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 1 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.

    Brick and Stucco Apartment Building
    Brick and Stucco Apartment Building

    501 W Main St, Emmitsburg, MD 21727

    $600,000
    7,050 sqft

    Six-unit apartment building with parking options and unit-level updates, offered with owner-managed common area responsibilities.

    View details
    6-Unit Apartment Building
    6-Unit Apartment Building

    501 MAIN STREET, Emmitsburg, MD 21727

    $600,000
    7,050 sqft

    Downtown multifamily property with updated flooring, kitchen improvements, and multiple parking options.

    View details
    Downtown Frederick Apartment Building
    Downtown Frederick Apartment Building

    241 E 2nd St, Frederick, MD 21701

    $850,000

    Six-unit apartment building in downtown Frederick with strong income potential.

    View details
    Historic Brick Shell with Potential
    Historic Brick Shell with Potential

    155, 157, 159 W Patrick Street, Frederick, MD 21701

    $424,000

    Historic brick shell offering unmatched flexibility for various uses.

    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.

    View details

    Thurmont, MD Apartment Buildings Market Trends and Statistics

    Explore 2 apartment buildings for sale in Thurmont, MD on our real estate platform. These investment opportunities span a total of 10,192 square feet of properties for sale, with an estimated market value of $1,039,998.

    Sale prices for two-family homes in Thurmont, MD average $519,999 — 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 12K
    Population Growth (5Y) +3.1%
    Median Household Income $93,717
    College Educated 41.4%

    High-Yield Neighborhoods for Investment

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

    Neighborhood Average Price
    21788 $520K

    Taxes & Financing

    Tax Rate (average for all types) 1.44%
    Property Tax per SF $24.36 per SF
    Tax Rate vs County Average 0.09 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Frederick County

    New Delisted

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