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    232 E 2ND St Frederick, MD 21701

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    For Sale
    $899,900

    Four-unit multifamily property in Frederick's Historic District.

    Type:Investment
    Added:
    Apr 24, 2026
    Days on Market:
    6
    Last Refresh:
    Apr 24 at 4:07 pm

    Property Features for 232 E 2ND St

    General Information

    Standard status
    Active
    Property subtype
    Investment

    Building Details

    Year Built
    1880

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    Listing Contact
    Teresa M Burton
    Teresa M Burton

    Listing agent Teresa M Burton License #531770

    Listing office Compass

    Listing date Apr 24, 2026

    Source Elliman

    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 Compass


    Overview

    Historic Frederick Multifamily Opportunity

    Located in the Historic District of downtown Frederick, 232 E 2nd Street is a four-level brick rowhome configured as a four-unit multifamily property. The property is situated minutes from local shops, restaurants, and parks. Currently, three of the units are vacant. One efficiency unit is occupied by a long-term, month-to-month tenant at $650 per month. The additional units include two 2-bedroom units, previously rented between $1,200 and $1,500 each, and one 1-bedroom unit, previously rented between $1,000 and $1,200. The property features a yard and historic charm. The location has a bike score of 81, indicating it is very bikeable, a walk score of 95, designating it as a walker's paradise, and a transit score of 36, suggesting some transit options are available.
    Location Intelligence

    Current Use by Public Records

    Quadplexes

    Suggested Use

    Restaurant Law Firm Real Estate Agency Dental Office Spa & Massage Center Hair Salon Nail Salon Food Market Grocery & Convenience Store Daycare Center

    Zoning and permitted uses should be independently verified with local authorities.

    Location Insight

    • Map
    • Local Demand
    City
    Frederick
    County
    Frederick
    State
    Maryland
    Longitude
    -77.4058393
    Latitude
    39.415569

    FAQs

    What type of property is this?
    Quadplex - Four-unit multifamily property in Frederick's Historic District.
    Where is this quadplex located?
    The property is located at 232 E 2ND St Frederick, MD.
    What is the asking price?
    The asking price for this property is $899,900.
    What are key features of this property?
    This property features: Located in the Historic District of downtown Frederick, close to shops, restaurants, and parks.; Four‑level brick rowhome with multifamily configuration (four units).; **Three vacant units offer immediate income potential or renovation opportunities.**
    More about this property
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