Add Listing
    For Sale
    • For Sale
    • For Lease
    • Recently Sold
    • Property Lookup
    • Brokers
    AI Search
    The Largest CRE Database in the US with Over 1 Million Listings

    435 GRAND Avenue Cumberland, MD 21502

    View on Map
    Claim this Listing
    Picture of Quadplexes at 435 GRAND Avenue, Cumberland, MD
    For Sale
    $75,000

    MULTI_FAMILY - Colonial - CUMBERLAND, MD

    Property size:
    3,060 SF
    Lot size:
    0.09 Acres
    Price / SF:
    $24/SF
    Added:
    Jan 15, 2026
    Days on Market:
    100
    Last Refresh:
    Apr 25 at 3:06 pm

    Property Features for 435 GRAND Avenue

    General Information

    Property type
    Residential Multi Family
    Property subtype
    Other
    Rooms
    Basement
    Parking features
    Off Street
    Interior features
    Carpet
    Appliances
    Refrigerator
    Standard status
    Active
    Size
    3,060 SF
    Lot size
    0.09 Acres

    Taxes and HOA fees

    Tax Annual Amount
    1255

    Utilities

    Heating system
    Forced Air
    Cooling system
    Window Unit(s)

    Building Details

    Year built
    1895
    Number of units
    4
    Building materials
    Vinyl Siding
    Architectural style
    Colonial

    We can help!

    Listing Contact
    Derek Eisenberg

    Listing agent Derek Eisenberg License #611425

    Listing office Continental Real Estate Group 259 Kinderkamack Road, Hackensack, MD

    Listing date Jan 15, 2026

    MLS# MDAL2013724 Listing URL

    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

    CUMBERLAND Multifamily Property For Sale

    This four-unit building is located in CUMBERLAND, MD, and is near amenities. The property is currently managed by a professional property management company, and transfer options are available. The property is easy to rent with low maintenance costs. The building contains 3060 square feet and sits on a 0.0918-acre lot. Two units are occupied, and two units are vacant and require cosmetic repairs. When fully rented, this property brings in an average of $2100.
    Property Profile Insight Report Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Real Estate Agency Restaurant Law Firm Spa & Massage Center Dental Office Hair Salon Nail Salon Building Supply Auto Repair Shop Gym & Fitness Center

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

    Location Insight

    • Map
    • Local Demand
    City
    Cumberland
    County
    Allegany
    State
    Maryland
    Longitude
    -78.76226
    Latitude
    39.63298

    Nearby Similar for Sale

    • $440,000

      Former Pizza Hut For Sale

      Turn-key restaurant opportunity with cosmetic upgrades and high traffic volume.
      1310 W INDUSTRIAL BLVD, CUMBERLAND, MD 21502
      View Details
    • $249,000

      Landmark Commercial Property on Baltimore Pike

      High-visibility commercial property with flexible space and excellent frontage.
      15501 BALTIMORE PIKE NE, CUMBERLAND, MD 21502
      View Details
    • $149,900

      Remodeled Commercial Building, Cumberland, MD

      Move-in ready commercial property with flexible layout and recent updates.
      119 S SMALLWOOD Street, CUMBERLAND, MD 21502
      View Details
    • $799,777

      Prime Commercial Property in CUMBERLAND

      Incredible commercial property in a prime location with elite exposure.
      1096 W INDUSTRIAL Boulevard, CUMBERLAND, MD 21502
      View Details
    • $895,000

      CUMBERLAND Commercial Property Near I-68

      Commercial property near I-68, suitable for fast food or retail.
      231 WILLIAMS ST, CUMBERLAND, MD 21502
      View Details
    • $197,000

      Downtown Cumberland Commercial Space Available

      20,000+ SF commercial space in downtown Cumberland for sale.
      38 MECHANIC Street N, CUMBERLAND, MD 21502
      View Details
    • $115,000
      2,052 SF

      Income-Producing Triplex in Cumberland, MD

      Triplex with income potential near downtown Cumberland.
      214 S CENTRAL Avenue, CUMBERLAND, MD 21502
      View Details
    • $149,999
      3,078 SF

      CUMBERLAND Duplex with Recent Renovations

      Well-maintained duplex unit with recent renovations and new flooring.
      223 GRAND Avenue, CUMBERLAND, MD 21502
      View Details
    • $149,999
      3,078 SF

      CUMBERLAND Duplex with Recent Updates

      Well-maintained duplex unit with new flooring and recent updates.
      221 GRAND Avenue, CUMBERLAND, MD 21502
      View Details
    • $269,000
      2,794 SF

      Updated Cumberland Quadplex Near C&O Canal

      Solid, updated 4-unit apartment near amenities and C&O Canal.
      36 E ROBERTS Street, CUMBERLAND, MD 21502
      View Details
    • $285,000

      Retail/Deli Opportunity in Cumberland, MD

      Established deli business and property for sale in Cumberland.
      2 DECATUR ST, CUMBERLAND, MD 21502
      View Details
    • $975,000

      CUMBERLAND Commercial/Industrial Opportunity

      Large industrial building with truck repair history and redevelopment potential.
      208 MARKET ST, CUMBERLAND, MD 21502
      View Details

    FAQs

    What type of property is this?
    Quadplex - Four-unit building near amenities, managed by a property management company.
    Where is this quadplex located?
    The property is located at 435 GRAND Avenue Cumberland, MD.
    What is the asking price?
    The asking price for this property is $75,000.
    What are key features of this property?
    This property features: Four‑unit building with potential for rental income.; Average rental income of $2100 when fully rented.; Two vacant units offer immediate opportunity for cosmetic repairs and rental.
    (877) 996-5728
    We can help!
    Listing Contact
    Derek Eisenberg
    Real Estate License ID: 611425
    Learn More
    Request Owner's contact information
    Message sent successfully
    Error
    If you are the owner or broker of this property and would like to edit or remove this listing please send a message to web site administrator.
    Message sent successfully
    Error
    Email to Your Friends
    Link copied to clipboard
    Separate multiple addresses with a comma
    Message sent successfully
    Error

    Realmo Value Estimations

    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.

    Realmo CapRate Calculation

    Realmo calculates the Capitalization Rate (Cap Rate) to help estimate a property's potential return on investment. The Cap Rate is a fundamental metric in commercial real estate that measures the relationship between a property's net operating income and its market value.

    How We Calculate Cap Rate

    Cap Rate Formula:
    Cap Rate (%) = (Net Operating Income / Property Value) × 100

    Net Operating Income (NOI) Formula:
    NOI = Area × Lease Rate × (1 - Vacancy Rate) × (1 - Operating Expense Ratio)

    Components

    Net Operating Income (NOI) represents the annual income a property generates after operating expenses:

    • Area: Building square footage from property records
    • Lease Rate: Annual $/sqft based on market data for the property type and geographic location
    • Vacancy Rate: Percentage of unoccupied space based on market data for the property type and location
    • Operating Expense Ratio: Operating costs as a percentage of income, varies by property type

    Property Value is derived from:

    • Recent sale price (if available)
    • Statistical models using comparable sales
    • AI-powered valuation estimates

    Example Calculation

    For a 100,000 sqft Office Building:

    • Lease Rate: $25.00/sqft/year (market data for Office in this area)
    • Vacancy Rate: 8% (market data for Office in this area)
    • Operating Expense Ratio: 35% (typical for Office properties)
    • Property Value: $15,000,000

    Step 1: Calculate NOI

    NOI = 100,000 × $25.00 × (1 - 0.08) × (1 - 0.35)
    NOI = 100,000 × $25.00 × 0.92 × 0.65
    NOI = $1,495,000/year

    Step 2: Calculate Cap Rate

    Cap Rate = ($1,495,000 / $15,000,000) × 100
    Cap Rate = 9.97%

    Property Type Considerations

    Net Operating Income calculations vary by property type due to different operating expense ratios:

    • Office: Higher expenses (30-40%) for HVAC, utilities, maintenance
    • Retail: Moderate expenses (25-35%) for common area maintenance
    • Industrial/Warehouse: Lower expenses (15-25%) for minimal tenant services
    • Multifamily: Moderate expenses (35-45%) including property management
    • Self-Storage: Lower expenses (25-35%) due to minimal maintenance

    Market lease rates and vacancy rates are specific to each property type and geographic location, reflecting local market conditions.

    Disclaimer

    These calculations are estimates for informational purposes only and should not be used as a substitute for professional financial analysis or appraisal.

    • Cap Rate calculations depend on market data that may change over time
    • Actual operating expenses, lease rates, and vacancy rates may differ from market averages
    • Individual property conditions, lease terms, and tenant quality significantly impact actual NOI
    • Property value estimates are approximations and not official appraisals
    • Cap rates vary widely by market, property condition, and investment risk profile

    Professional Guidance Recommended: Before making any investment or financial decisions, consult with licensed appraisers, commercial real estate brokers, and financial advisors who can evaluate your specific property and circumstances.
    By using this feature, you acknowledge that Realmo is not responsible for investment decisions or actions taken based on these estimates.

    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.

    Stat Estimate

    This method estimates value based on actual market adjusted recent (~5 years) sales of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all similar sales ($/sqft) are above this value
    • Range-to: 75% of all similar sales ($/sqft) are below this value
    AI Estimate

    This method estimates value based on AI market estimation of comparable properties around by location and property type.

    • Ranges - area data calculated by industry standard IQR Outlier Removal Method
    • Range-from: 75% of all estimations ($/sqft) are above this value
    • Range-to: 75% of all estimations ($/sqft) are below this value
    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
    Thanks! Your message was sent.
    Error! Your message wasn't sent.
    Please enter your name
    Please enter email
    Please enter the email in the correct format
    Please enter phone
    Please enter the number in the correct format
    Please enter message
    Thank You

    You are Unsubscribed From Notifications

    Google sign-in failed. Please try again or use another login method.
    Sign Up Successful!
    You now have access to more from Realmo!