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    321 W 7Th St Frederick, MD 21701

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    For Sale
    $445,000

    Updated two-unit property with strong rental income near downtown Frederick.

    Lot size:
    0.07 Acres

    Property Features for 321 W 7Th St

    General Information

    Lot size
    0.07 Acres

    Building Details

    Year built
    1920

    Source: RE/MAX Results Agent Brenda K Myers

    Displayed information is deemed reliable but is not guaranteed and should be independently verified.

    Overview

    Renovated Two-Unit Home in Frederick

    This recently renovated two-unit home is located in Frederick, across from Frederick Health Hospital, and close to restaurants, shopping, and vibrant Downtown Frederick. The property features two units, each with modern upgrades and strong rental income. Both levels have been fully renovated, including new kitchens with countertops, stainless steel appliances, and updated cabinetry, plus new full bathrooms and in-unit washer/dryer sets. The upper level features one bedroom and one bathroom and is currently rented for $1,950 per month. The main level is a studio with one bathroom and is currently rented for $1,450 per month. Leases are in place through June and August 2026. Additional highlights include a finished loft, an unfinished basement suitable for storage or future finishing, and ample parking in the rear. The property has a new roof and is an income-producing property.
    Insight Report Location Intelligence

    Current Use by Public Records

    Duplexes

    Suggested Use

    Restaurant Realty agency Law Firm Building Supply Dental Office Spa & Massage Wholesale Shop Auto Repair Shop Hair Salon Clothing Store

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

    Location Insight

    • Map
    • Local Demand
    City
    Frederick
    County
    Frederick
    State
    Maryland
    Longitude
    -77.4135053
    Latitude
    39.423856

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    FAQs

    What type of property is this?
    Duplex - Updated two-unit property with strong rental income near downtown Frederick.
    Where is this duplex located?
    The property is located at 321 W 7Th St Frederick, MD.
    What is the asking price?
    The asking price for this property is $445,000.
    What are key features of this property?
    This property features: - Income-producing property with strong rental income from two renovated units.; - Both units fully renovated with **new kitchens, bathrooms, and in-unit washer/dryers.**; - **New Roof.**
    (443) 398-4492
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    321 W 7Th 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
    321 W 7Th St Frederick, MD 21701
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