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    Fully Leased 5-Unit Apartment Building
    Updated: Apr 27
    Fully Leased 5-Unit Apartment Building

    231 N Church St, Thurmont, MD 21788

    $519,999
    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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    Turn Any Listing Into an Investment Snapshot Owner equity, real caprate, demand score for every listing. Go To Analytics Center
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Thurmont, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, 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.

    Hospitality and Apartment Building
    Hospitality and Apartment Building

    4830 Schley Avenue, Braddock Heights, MD 21714

    $750,000
    10,812 sqft

    Former hotel with a commercial kitchen and five accessory apartments, plus ample parking for tenants and operators.

    View details
    Five-Unit Apartment Building
    Five-Unit Apartment Building

    4-25625 Military Rd, Cascade, MD 21719

    $539,000

    Fully occupied five-unit building with separately metered electric and ample onsite parking for 8+ vehicles.

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    Mixed-Use Hospitality Property
    Mixed-Use Hospitality Property

    4830 SCHLEY Avenue, Braddock Heights, MD 21714

    $750,000
    3.20 AC lot

    Former Braddock Inn includes a commercial kitchen and five accessory apartments, with parking for 40+ vehicles.

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    Fully Occupied Multifamily Investment Property
    Fully Occupied Multifamily Investment Property

    25625 Military Rd #4, Cascade, MD 21719

    $539,000

    Five-unit apartment building with strong occupancy and income potential.

    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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    Detached Two-Family Residence
    Detached Two-Family Residence

    69 Martense Street, Brooklyn, NY 11226

    $1,888,888
    0.10 AC lot

    Detached two-family home with two 3-bedroom apartments and a semi-finished basement featuring a separate entrance.

    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

    Thurmont, MD Apartment Buildings Market Trends and Statistics

    Explore 1 apartment buildings for sale in Thurmont, MD on our real estate platform. These investment opportunities span a total of 0 square feet of properties for sale, with an estimated market value of $519,999.

    Sale prices for two-family homes in Thurmont, MD start at $519,999, averaging $519,999, and reaching up to $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%

    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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