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    230 S Market St Frederick, MD 21701

    For Sale
    $895,000

    MULTI_FAMILY - Colonial - FREDERICK, MD

    Property size:
    3,840 SF
    Lot size:
    0.08 Acres
    Days on Market:
    9
    Last Refresh:
    Dec 11 at 7:06 am

    Property Features for 230 S Market St

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Property condition
    Under Construction
    Standard status
    Active
    Rooms
    Basement
    Parking features
    On Street
    Interior features
    Bathroom - Walk-In Shower, Combination Kitchen/Living
    Appliances
    Built-In Microwave, Dryer - Electric, Oven/Range - Gas, Refrigerator, Washer
    Size
    3,840 SF
    Lot size
    0.08 Acres

    Utilities

    Heating system
    Heat Pump (Heating)
    Cooling system
    Central Air

    Building Details

    Year built
    1865
    Number of units
    3
    Building materials
    Brick
    Architectural style
    Colonial

    Turning Point Real Estate (301) 831-8232 [email protected]

    Listing agent Rosemarie C Creasey (301) 831-8232 License #583737

    Listing date Dec 3, 2025

    MLS# MDFR2073922 Listing URL

    Copyright © 2025 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Remodeled Multi-Family in Downtown Frederick

    This updated 3-level, 3-unit property is located in downtown Frederick. The property features new central A/C, new electrical systems including electric panels, exposed brick accents, and luxury vinyl plank flooring. Each unit includes its own in-unit washer & dryer. The kitchens and bathrooms have been remodeled with contemporary finishes. The property features bright, open layouts and high ceilings. An unfinished basement offers potential for further development. A large backyard presents opportunities for expansion, outdoor living, or other value-added projects. The property is located near shops, restaurants, and Carroll Creek. The property contains 3,840 square feet and sits on a lot of 0.08 acres. This multi-family property is suitable for investors or owner-occupants seeking downtown convenience.
    Property Profile Location Intelligence

    Current Use by Public Records

    Triplexes

    Suggested Use

    Restaurant Law Firm Realty agency Dental Office Spa & Massage Hair Salon Nail Salon Clothing Store Food Market Grocery Store

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Frederick
    County
    Frederick
    State
    Maryland
    Longitude
    -77.41131574
    Latitude
    39.40980342

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    FAQs

    What type of property is this?
    Triplex - Updated 3-unit property near shops, restaurants, and Carroll Creek.
    Where is this triplex located?
    The property is located at 230 S Market St Frederick, MD.
    What is the asking price?
    The asking price for this property is $895,000.
    What are key features of this property?
    This property features: - Prime Downtown Frederick Location: Steps from shops, restaurants, and Carroll Creek.; - **Fully Remodeled:** Blends modern comfort with historic charm, a turnkey property.; - Multi-Family (3 Units): Ideal for investors or owner-occupants.
    (301) 831-8232
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    230 S Market St Frederick, MD 21701
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    Frederick, MD 21701
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    Realmo Value Estimation

    Realmo estimates a property’s market value using a proprietary methodology that incorporates public data and user-submitted information. This cumulative value is generated by integrating a variety of conventional and innovative methods. 

    Disclaimer

    These figures are not official appraisals and should not be used as a substitute for a valuation performed by a licensed appraiser.

    Actual market value may differ due to factors not captured in the data. Estimates are offered for informational purposes only, and users should conduct independent research before making financial or investment decisions.

    By using this feature, you acknowledge that Realmo is not responsible for actions taken based on these estimates.

    AI approach

    Realmo AI Method estimates property value using machine learning models trained on millions of comparable listings, transactions, and market signals. It analyzes property features, location intelligence data, and current market dynamics to predict the most probable market value in real time.

    Cap approach

    Capitalization Method calculates value based on estimated net operating income (NOI) and applying a market-based capitalization rate (cap rate), we estimate what a typical investor might be willing to pay for it.

    Comparable approach

    Comparable estimate is based on recent sales of similar nearby properties, adjusted for factors like size, condition, and location.

    Relative

    Relative property class coefficient uses factors that account for typical price differences between various asset types (e.g., retail vs. industrial) to provide a more accurate market-aligned estimate.

    Geo

    Comparable Sales Method, enhanced by Geo coefficients — location-based adjustment factors that reflect differences in price levels across neighborhoods, cities, or regions ensuring a more accurate, market-sensitive valuation.

    Alternative use

    Estimate considers the property’s potential value if used for a different purpose-based on zoning, demand, and market feasibility.

    More about this property
    230 S Market St Frederick, MD 21701
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