Victorian Duplex with Rental Unit

133 VIRGINIA Avenue, Cumberland, MD 21502

For Sale

New

$300,000

Multi-Family, CUMBERLAND, MD

Property Size3,080 SF

Lot Size0.15 Acres

Price / SF$97.40

Days on Market5

Property Features for 133 VIRGINIA Avenue

General Information

Property type Residential Multi Family

Property subtype Other

Rooms Basement, Dining Room

Parking 1

Parking features Garage - Detached, Off Street, Driveway

Interior features 2nd Kitchen, Attic, Bathroom - Stall Shower, Bathroom - Tub Shower, Bathroom - Walk-In Shower, Ceiling Fan(s), Curved Staircase, Dining Area, Entry Level Bedroom, Flat, Floor Plan - Traditional, Kitchen - Eat-In, Kitchen - Island, Stain/Lead Glass, Stove - Pellet, Upgraded Countertops, Walk-in Closet(s), Wood Floors

Fireplace 1

Appliances Built-In Microwave, Dishwasher, ENERGY STAR Refrigerator, Exhaust Fan, Extra Refrigerator/Freezer, Icemaker, Oven - Self Cleaning, Oven - Single, Oven/Range - Gas, Range Hood, Refrigerator, Stainless Steel Appliances, Stove

Subdivision SOUTH END

Elementary school JOHN HUMBIRD

Middle school WASHINGTON

High school FORT HILL

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 3,080 SF

Lot size 0.15 Acres

Taxes and HOA fees

Tax Annual Amount 1740

Utilities

Heating system Hot Water(Heating)

Cooling system Window Unit(s)

Building Details

Year built 1901

Number of units 2

Building materials Brick

Architectural style Victorian

Listing Agency: Keller Williams Realty

Listed By: Christopher R. Getto · License MD #650886

Added: Nov 9 Changed: Nov 10 Last Checked: Nov 13 at 11:06PM

MLS# MDAL2016370

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Investment Insights

Based on property information with market context.

Built in 1901, this 3,080-square-foot brick Victorian includes a separate rental unit. Inside the main residence, original hardwood floors complement a remodeled kitchen and renovated bathrooms. A wood-burning fireplace and pellet stove are included, and laundry is located on the main level. The upper-floor front bedroom has a private balcony, while a finished walk-up attic adds usable space. The basement includes an office area and storage.

The 0.1532-acre property has a driveway with room for three vehicles and a detached one-car garage. The home is in Cumberland, Maryland.

Key Highlights

3,080‑square‑foot brick Victorian built in 1901
Separate rental unit
Remodeled kitchen, renovated bathrooms, and original hardwood floors

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr

$20,848

Cap Rate

6.95%

Suggested Prices Based on Cap Rates

Cap Rate 5%

$416,960 $417.0K

Cap Rate 7%

$297,829 $297.8K

Cap Rate 9%

$231,644 $231.6K

Market Conditions

NOI Build-Up for 3,080 SF

Gross rent

$31.4K $10.20/SF

− Vacancy

−$1.6K −$0.53/SF

EGI

$29.8K $9.67/SF

− OpEx

−$8.9K −$2.90/SF

NOI

$20.8K $6.77/SF

Area

Allegany County, MD

Vacancy

5.20%

Lease Rate

$10.20 /SF/Yr

Expense Ratio

30.00%

Simulate Cap Rate and NOI

Suggested Prices Based on Cap Rates

Cap Rate 5%

$416,960

Cap Rate 7%

$297,829

Cap Rate 9%

$231,644

Alternative Uses

Best Use

Multifamily LT 5

$297.8K

$260.6K – $347.5K (±1% cap)

NOI $20,848 @ 7.0% cap · market cap 6.95%

Second Best

Apartment 5plus

$275.9K

$241.4K – $321.9K (±1% cap)

NOI $19,312 @ 7.0% cap · market cap 6.44%

Theoretical Best

Office A

$1.14M

$999.5K – $1.33M (±1% cap)

NOI $79,956 @ 7.0% cap · market cap 26.65%

Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

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Open Analytics

Lease Details

Residential units

Location Intelligence

Trade Area within ½ mile

423

Businesses Nearby

Explore this area Business Placement

Demographics for 21502, MD

41,153

Population

19,562

Households

2.1

Avg Household Size

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

Average Price Trend$/SF for Duplexes in Cumberland, MD

$38.68 Jul

$51.18 Aug

$49.7 Sep

$66.35 Oct

Properties on Market for Duplexes in Cumberland

Jul

Aug

Sep

Oct

Vacancy Rate% for Multifamily in South region

8.5% 2022

10.2% 2023

11.4% 2024

11.3% 2025

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For sale
Duplexes
MD
Cumberland
21502
133 VIRGINIA Avenue

What type of property is this?

Duplex - A brick residence combines updated interior spaces with a separate rental unit, finished attic, and adaptable basement areas.

Where is this duplex located?

The property is located at 133 VIRGINIA Avenue Cumberland, MD.

What is the asking price?

The asking price for this property is $300,000.

What are key features of this property?

This property features: 3,080‑square‑foot brick Victorian built in 1901; Separate rental unit; Remodeled kitchen, renovated bathrooms, and original hardwood floors

133 VIRGINIA Avenue, Cumberland, MD 21502

Multi-Family, CUMBERLAND, MD

Property Features for 133 VIRGINIA Avenue

General Information

Taxes and HOA fees

Utilities

Building Details

Investment Insights

Key Highlights

Financial Insights

Estimated NOI and Cap Rate

Alternative Uses

Property Analytics

Lease Details

Location Intelligence

Trade Area within ½ mile

Demographics for 21502, MD

Market

Average Price Trend$/SF for Duplexes in Cumberland, MD

Properties on Market for Duplexes in Cumberland

Vacancy Rate% for Multifamily in South region

Similar For Sale Nearby

201 SPRING STREET, Cumberland, MD 21502

516 SHRIVER Avenue, Cumberland, MD 21502

445 N MECHANIC Street N, Cumberland, MD 21502

704 BAKER Street, Cumberland, MD 21502

135 POLK STREET, Cumberland, MD 21502

227 WALLACE Street, Cumberland, MD 21502

16-18-20 GRAND AVE, Cumberland, MD 21502

433-435 PENNSYLVANIA AVE, Cumberland, MD 21502

616 ELM STREET, Cumberland, MD 21502

132 ARCH St, Cumberland, MD 21502

169 CENTRE STREET, Cumberland, MD 21502

1068 NATIONAL HWY, Cumberland, MD 21502

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