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Four-Unit Mountain Multifamily Property
For Sale
$449,900

2221 Dry Run Road, Swanton, MD 21561

Two detached buildings provide varied rental layouts, storage, and mountain views across a scenic acreage setting.

Property Size6,776 SF
Price / SF$66.40
Days on Market582

Property Features for 2221 Dry Run Road

General Information

Standard status Active
Size 6,776 SF
Property subtype Multi-Family / Fee Simple
Zoning R

Additional Details

Multifamily Units 4

Taxes and HOA fees

Annual Taxes $4,341

Amenities

No
Dryer - Electric, Microwave, Refrigerator, Oven/Range - Electric, Water Heater
Carpet, Ceiling Fan(s), Entry Level Bedroom, Floor Plan - Traditional
No Pool
Other

Building Details

Year Built 2005
Buildings 2
Listing Agency: Railey Realty, Inc.
Listed By: Melissa A Long · License #644778
Source: Compass
Added: Jan 25, 2025 Changed: Aug 30 Last Checked: Aug 30 at 4:28AM

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 Railey Realty, Inc.

Investment Insights

Based on property information with market context.

This multifamily property comprises four rental units in two detached buildings on over 6 acres with mountain views. The 6,776-square-foot primary structure contains three units, while a separate one-bedroom log cabin with a loft was built in 2005. Unit features include ample storage, traditional floor plans, cathedral ceilings in some residences, and radiant-heated floors in a glass-enclosed porch. A new well system serves the property, and the basement includes a spacious workshop with potential for conversion to a fifth unit.

Located at 2221 Dry Run Road in Swanton, the property is near Deep Creek Lake and Savage River State Park, with access to hiking, fishing, boating, and other lake-area activities. The property is zoned R and is outside city limits. Tenant occupancy is in place, and showings require 24-hour notice.

Key Highlights

  • Four rental units distributed across two detached buildings
  • Over 6 acres with mountain views near Deep Creek Lake and Savage River State Park
  • 6,776‑square‑foot building includes three rental units

Property Analytics

Current Use

Multifamily properties

Suggested Use

Top Pick Restaurant Hotel & Motel Bed & Breakfast

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

4
Residential units

Location Intelligence

Trade Area within ½ mile

1
Businesses Nearby

Demographics for 21561, MD

2,571
Population
2,471
Households
1
Avg Household Size
50
Median Age
35%
College-Educated
93%
High-School Grad
101.8 sq mi
ZIP Area
25
Density / Sq Mi
$71,964
Median Household Income
$49,559
Median Earnings
$288,800
Median Home Value

Market

Vacancy Rate% for Multifamily in South region

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

What type of property is this?
Multifamily property - Two detached buildings provide varied rental layouts, storage, and mountain views across a scenic acreage setting.
Where is this multifamily property located?
The property is located at 2221 Dry Run Road Swanton, MD.
What is the asking price?
The asking price for this property is $449,900.
What are key features of this property?
This property features: Four rental units distributed across two detached buildings; Over 6 acres with mountain views near Deep Creek Lake and Savage River State Park; 6,776‑square‑foot building includes three rental units
More about this property
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