Victorian Duplex with
125 W MAIN Street, Westminster, MD 21157
For Sale
$575,000
Multi-Family, WESTMINSTER, MD
Property Size3,710 SF
Lot Size0.12 Acres
Price / SF$154.99
Days on Market9
Property Features for 125 W MAIN Street
General Information
Property type
Property subtype
Parking features
Fireplace
Subdivision
Elementary school
Middle school
High school
Elementary school district
Middle school district
High school district
Standard status
Size
Lot size
Additional Details
Tenant in Place
Taxes and HOA fees
Tax Annual Amount
Utilities
Heating system
Cooling system
Building Details
Year built
Number of units
Building materials
Architectural style
Listing Agency:
Smart Realty, LLC
(301) 445-1395
Listed By:
Melida Tatiana Calderon · License MD #5014549
(443) 929-9089
Added: Nov 3
Changed: Nov 10
Last Checked: Nov 11 at 12:06PM
MLS# MDCR2038706
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.
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Investment Insights
Based on property information with market context.
This 3,710-square-foot duplex contains upper and lower residential units and was built in 1890. The Victorian-style building has vinyl siding, hot-water heat, window-unit cooling, and a fireplace. The 0.1182-acre property also includes a detached two-car garage and off-street parking; the property is individually metered.
The address is on W Main Street in Westminster. McDaniel College, local parks, coffee shops, and dining are described as within walking distance. Both residential units are fully leased.
The address is on W Main Street in Westminster. McDaniel College, local parks, coffee shops, and dining are described as within walking distance. Both residential units are fully leased.
Key Highlights
- 3,710 square feet with upper- and lower‑level residential units
- Detached two‑car garage and off‑street parking
- 0.1182‑acre property; fully leased residential units
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$48,214
Cap Rate
8.39%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$964,280
$964.3K
Cap Rate 7%
$688,771
$688.8K
Cap Rate 9%
$535,711
$535.7K
Market Conditions
NOI Build-Up for 3,710 SF
Gross rent
$72.1K $19.44/SF
− Vacancy
−$3.2K −$0.87/SF
EGI
$68.9K $18.57/SF
− OpEx
−$20.7K −$5.57/SF
NOI
$48.2K $13.00/SF
Area
Carroll County, MD
Vacancy
4.50%
Lease Rate
$19.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$964,280
Cap Rate 7%
$688,771
Cap Rate 9%
$535,711
Alternative Uses
Best Use
Multifamily LT 5
$688.8K
$602.7K – $803.6K
NOI $48,214 @ 7.0% cap · market cap 8.39%
Second Best
Apartment 5plus
$595.0K
$520.6K – $694.2K
NOI $41,651 @ 7.0% cap · market cap 7.24%
Theoretical Best
Office A
$1.38M
$1.20M – $1.61M
NOI $96,310 @ 7.0% cap · market cap 16.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
Who owns this building?
See the owner, sales and loan history
Open Analytics
Lease Details
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,214
Businesses Nearby
Explore this area
Business Placement
Demographics for 21157, MD
38,584
Population
15,466
Households
2.5
Avg Household Size
42
Median Age
37%
College-Educated
93%
High-School Grad
77.7 sq mi
ZIP Area
497
Density / Sq Mi
$102,835
Median Household Income
$50,254
Median Earnings
$1,236
Median Rent
$394,100
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Duplex - Upper- and lower-level residences are fully leased, with off-street parking and a detached garage.
Where is this duplex located?
The property is located at 125 W MAIN Street Westminster, MD.
What is the asking price?
The asking price for this property is $575,000.
What are key features of this property?
This property features: 3,710 square feet with upper- and lower‑level residential units; Detached two‑car garage and off‑street parking; 0.1182‑acre property; fully leased residential units
