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232 E 2ND Street Frederick, MD 21701

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For Sale
$899,900

MULTI_FAMILY - Federal - FREDERICK, MD

Property size:
2,848 SF
Lot size:
0.09 Acres
Added:
Mar 7, 2026
Days on Market:
25
Last Refresh:
Apr 1 at 7:06 am

Property Features for 232 E 2ND Street

General Information

Property type
Residential Multi Family
Property subtype
Other
Standard status
Active
Size
2,848 SF
Lot size
0.09 Acres

Taxes and HOA fees

TaxAnnualAmount
9837

Utilities

Heating system
Steam
Cooling system
Ceiling Fan(s)

Building Details

Year built
1880
Number of units
4
Building materials
Brick
Architectural style
Federal

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Listing Contact
Teresa M Burton
Teresa M Burton

Listing agent Teresa M Burton License #531770

Listing office Compass 12435 Park Potomac Avenue unit: R1, WASHINGTON, MD

Listing date Mar 7, 2026

MLS# MDFR2077596

Copyright © 2026 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

Historic Frederick Multifamily Investment Opportunity

Located in the Historic District of downtown Frederick, this four-level brick rowhome at 232 E 2nd Street is configured as a four-unit multifamily property. The property is near local shops, restaurants, and parks. The property includes a yard and historic charm. Three of the units are currently vacant. One efficiency unit is occupied by a long-term tenant on a month-to-month basis, with a rental income of $650 per month. The additional units include two 2-bedroom units, previously rented between $1,200 and $1,500 each, and one 1-bedroom unit, previously rented between $1,000 and $1,200. The property is located in FREDERICK, MD, with a lot size of 0.0905 acres and a property size of 2848 square feet.
Property Profile Insight Report Location Intelligence

Current Use by Public Records

Quadplexes

Suggested Use

Restaurant Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

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

Location Insight

  • Map
  • Local Demand
City
Frederick
County
Frederick
State
Maryland
Longitude
-77.40584
Latitude
39.41558

FAQs

What type of property is this?
Quadplex - Four-unit multifamily property in Frederick's Historic District.
Where is this quadplex located?
The property is located at 232 E 2ND Street Frederick, MD.
What is the asking price?
The asking price for this property is $899,900.
What are key features of this property?
This property features: Four‑unit multifamily property in Frederick's Historic District.; Three units are currently vacant, offering immediate renovation/rental opportunities.; Potential for high rental income: previously rented between $1,000 and $1,500 per unit.
More about this property
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