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Income-Producing Triplex in Cumberland, MD
For Sale
$95,000

214 S CENTRAL Ave, Cumberland, MD 21502

Triplex with income potential near downtown Cumberland, Maryland.

Property Size2,052 SF
Days on Market151

Property Features for 214 S CENTRAL Ave

General Information

Standard status Active
Size 2,052 SF
Property subtype Investment

Taxes and HOA fees

Annual Taxes $1,266

Building Details

Building Size 2,052 SF
Year Built 1915
Units 3
Listing Agency: EXP Realty, LLC
Listed By: Shannon Michelle White · License #523439
Source: Elliman
Added: Apr 4 Changed: Aug 16 Last Checked: Aug 31 at 7:45PM

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 EXP Realty, LLC

Investment Insights

Based on property information with market context.

This income-producing triplex is located in Cumberland, MD, on a corner lot. The property features three one-bedroom, one-bath units, with the potential for a fourth unit. Each unit is equipped with a stove and refrigerator. The main-level unit includes a newer stove. The property uses natural gas radiator heat, and the radiators show evidence of needing repair. Ceiling repair work is needed in the main-level kitchen. The property is conveniently located near shopping, restaurants, and medical facilities. It is also minutes from Downtown Cumberland’s walking mall, I-68 East and West, the Western Maryland Scenic Railroad, the Great Allegheny Passage, and the C&O Canal towpath. The location has a walk score of 83, indicating it is very walkable, a bike score of 32, indicating it is somewhat bikeable, and a transit score of 25, indicating some transit options are available. This property presents an opportunity for investors or owner-occupants seeking rental income.

Key Highlights

  • Income‑producing triplex with potential for a 4th unit.
  • Convenient location near shopping, restaurants, medical facilities, and Downtown Cumberland.
  • Close proximity to I‑68, Western Maryland Scenic Railroad, Great Allegheny Passage, and C&O Canal towpath.

Property Analytics

Current Use

Triplexes

Suggested Use

Top Pick Auto Parts Store Auto Repair Shop (Bike/Boat/Book/etc) Store Cafe & Coffee Shop Storage Facility Tech Support Center

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

Location Intelligence

Trade Area within ½ mile

1,278
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

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 - Triplex with income potential near downtown Cumberland, Maryland.
Where is this triplex located?
The property is located at 214 S CENTRAL Ave Cumberland, MD.
What is the asking price?
The asking price for this property is $95,000.
What are key features of this property?
This property features: Income‑producing triplex with potential for a 4th unit.; Convenient location near shopping, restaurants, medical facilities, and Downtown Cumberland.; Close proximity to I‑68, Western Maryland Scenic Railroad, Great Allegheny Passage, and C&O Canal towpath.
More about this property
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