Student Housing
New
For Sale
$2,500,000
180 BOWERY St, Frostburg, MD 21532
Executed student leases cover the upcoming 2026/2027 academic year, with the properties located within walking distance of Frostburg State University.
Property SizeContact for details
Days on Market2
Property Features for 180 BOWERY St
General Information
Standard status
Active
Property subtype
Commercial
Additional Details
Gross Income
$448,850
Multifamily Units
57
Taxes and HOA fees
Annual Taxes
$72,399
Building Details
Year Built
1935
Units
1
Listing Agency:
Tranzon Key
Listed By:
Jeffrey E Stein · License #5422
(888) 621-2110
Source:
Elliman
Added: Oct 30
Last Checked: Oct 30 at 2:17PM
Displayed information is deemed reliable but is not guaranteed and should be independently verified. All listing content including descriptions, pricing, images are the copyrighted material of Tranzon Key
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Investment Insights
Based on property information with market context.
This multifamily portfolio comprises student housing properties in Frostburg, Maryland. The buildings date to 1935 and serve the student rental market associated with Frostburg State University. Executed leases are in place for the 2026/2027 academic year.
The properties are within walking distance of the university campus. The location has a Walk Score of 83, rated Very Walkable, and a Bike Score of 31, rated Somewhat Bikeable.
The properties are within walking distance of the university campus. The location has a Walk Score of 83, rated Very Walkable, and a Bike Score of 31, rated Somewhat Bikeable.
Key Highlights
- Student housing portfolio serving Frostburg State University
- Executed student leases for the 2026/2027 academic year
- Properties within walking distance of Frostburg State University
Property Analytics
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Lease Details
57
Residential units
Location Intelligence
Trade Area within ½ mile
247
Businesses Nearby
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Business Placement
Demographics for 21532, MD
13,328
Population
6,044
Households
2.2
Avg Household Size
39
Median Age
33%
College-Educated
93%
High-School Grad
74.1 sq mi
ZIP Area
180
Density / Sq Mi
$60,158
Median Household Income
$33,054
Median Earnings
$839
Median Rent
$175,600
Median Home Value
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Multifamily property - Executed student leases cover the upcoming 2026/2027 academic year, with the properties located within walking distance of Frostburg State University.
Where is this multifamily property located?
The property is located at 180 BOWERY St Frostburg, MD.
What is the asking price?
The asking price for this property is $2,500,000.
What are key features of this property?
This property features: Student housing portfolio serving Frostburg State University; Executed student leases for the 2026/2027 academic year; Properties within walking distance of Frostburg State University
