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Historic Brick Triplex
For Sale
$104,000

124 BEDFORD Street, Cumberland, MD 21502

Multi-Family, CUMBERLAND, MD

Property Size2,340 SF
Lot Size0.04 Acres
Price / SF$44.44
Days on Market303

Property Features for 124 BEDFORD Street

General Information

Property type Residential Multi Family
Property subtype Triplex
Rooms Basement
Parking features On Street
Fireplace 1
Elementary school district ALLEGANY COUNTY PUBLIC SCHOOLS
Middle school district ALLEGANY COUNTY PUBLIC SCHOOLS
High school district ALLEGANY COUNTY PUBLIC SCHOOLS
Standard status Active
Size 2,340 SF
Lot size 0.04 Acres

Taxes and HOA fees

Tax Annual Amount 2596

Utilities

Heating system Electric (Heating), Baseboard, Other (Heating)
Cooling system Window Unit(s)

Building Details

Year built 1895
Number of units 3
Building materials Brick
Listing Agency: Coldwell Banker Premier · Coldwell Banker Real Estate
Listed By: Penni Walker
Added: Nov 17, 2025 Changed: Sep 13 Last Checked: Sep 16 at 12:06AM
MLS# MDAL2013388

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.

Investment Insights

Based on property information with market context.

Built in 1895, this brick triplex at 124 Bedford Street contains three separate apartments arranged across the building’s primary levels. Original interior details include woodwork, high baseboards, a winding staircase, and a detailed fireplace mantel. The main floor includes a one-bedroom apartment, a room with a decorative fireplace, and a foyer providing interior and exterior access. A second one-bedroom apartment occupies the next level, which also includes a flexible office, studio, or bonus room and a half bath. The top-floor apartment has a large eat-in kitchen. A basement adds storage and potential laundry or workshop space.

Exterior stairs at the rear courtyard provide private access to all three levels, while the property’s downtown Cumberland setting places it near shops and restaurants. On-street parking is available.

Key Highlights

  • Three separate apartments arranged across the building’s primary levels
  • Brick construction with a 1895 build year
  • Original woodwork, high baseboards, winding staircase, and detailed fireplace mantel

Property Analytics

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Current Use

Triplexes

Suggested Use

Top Pick Auto Parts Store (Bike/Boat/Book/etc) Store Catering Service Home Appliance Store Tech Support Center Tanning Salon

Score = modeled unmet demand for each use within ~1 mi (higher = bigger opportunity). Zoning and permitted uses should be independently verified with local authorities.

Lease Details

3
Residential units

Location Intelligence

Trade Area within ½ mile

1,467
Businesses Nearby

Demographics for 21502, MD

41,153
Population
19,562
Households
2.1
Avg Household Size
44
Median Age
20%
College-Educated
89%
High-School Grad
92.1 sq mi
ZIP Area
447
Density / Sq Mi
$58,721
Median Household Income
$39,507
Median Earnings
$771
Median Rent
$151,400
Median Home Value
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
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Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
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Frequently Asked Questions

What type of property is this?
Triplex - Three apartments occupy separate floors, with a basement offering additional storage and potential laundry or workshop space.
Where is this triplex located?
The property is located at 124 BEDFORD Street Cumberland, MD.
What is the asking price?
The asking price for this property is $104,000.
What are key features of this property?
This property features: Three separate apartments arranged across the building’s primary levels; Brick construction with a 1895 build year; Original woodwork, high baseboards, winding staircase, and detailed fireplace mantel
More about this property
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