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Five-Unit Brick Apartment Building
For Sale
$675,000
Pending

25930 Ridge Rd, Damascus, MD 20872

Separately metered apartments feature individual thermostats, shared laundry, storage, and paved rear parking.

Property Size4,369 SF
Lot Size1.30 Acres
Days on Market81

Property Features for 25930 Ridge Rd

General Information

Standard status Pending
Size 4,369 SF
Lot size 1.30 Acres
Property subtype Commercial
Occupancy 20%

Site & Location

Road Access Yes
Utilities to Site Yes

Units

Unit Mix 5 x 1BR/1BA
Multifamily Units 5

Taxes and HOA fees

Annual Taxes $6,975

Amenities

shared laundry
storage space
private backyard
Adjoins - Public Land
Backs - Parkland
Backs to Trees

Building Details

Year Built 1938
Buildings 1
Construction brick
Listing Agency: CENTURY 21 REDWOOD REALTY
Listed By: MELISSA M ATHERHOLT · License #RSR003093
Source: Corcoran
Added: Jun 12 Changed: Aug 30 Last Checked: Jun 22 at 1:27PM

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 CENTURY 21 REDWOOD REALTY

Investment Insights

Based on property information with market context.

This brick apartment property contains five one-bedroom, one-bath units totaling 4,369 square feet on 1.3 acres. Each apartment is approximately 700 square feet and includes a living room, bedroom, kitchen with dining space, hardwood flooring, 8 1/2-foot ceilings, and an all-weather room or storage area. Units are separately metered and have individual thermostats. Shared tenant laundry, a new washer and dryer, and additional lower-level storage support the building’s operating configuration. One apartment is occupied under a month-to-month arrangement, while the remaining units are vacant.

The property includes a substantial paved parking area at the rear and a private backyard. It backs to parkland and a forest conservation area and sits across from Damascus High School along the Ridge Road corridor. The site is also identified as car-dependent, with a walk score of 8 and a bike score of 24.

Key Highlights

  • Five one‑bedroom, one‑bath apartments totaling 4,369 square feet
  • 1.3‑acre site with brick construction dating to 1938
  • Approximately 700 square feet per unit with 8 1/2‑foot ceilings

Property Analytics

Current Use

Apartment buildings

Suggested Use

Top Pick Real Estate Agency Building Supply Law Firm Storage Facility Parking Lot & Garage Electrical Service

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

5
Residential units
20%
Occupancy
Yes
Paved road access
Yes
Utilities to site

Location Intelligence

Trade Area within ½ mile

464
Businesses Nearby

Demographics for 20872, MD

13,349
Population
4,850
Households
2.8
Avg Household Size
39
Median Age
47%
College-Educated
93%
High-School Grad
19.9 sq mi
ZIP Area
671
Density / Sq Mi
$132,804
Median Household Income
$61,547
Median Earnings
$1,675
Median Rent
$478,300
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?
Apartment building - Separately metered apartments feature individual thermostats, shared laundry, storage, and paved rear parking.
Where is this apartment building located?
The property is located at 25930 Ridge Rd Damascus, MD.
What is the asking price?
The asking price for this property is $675,000.
What are key features of this property?
This property features: Five one‑bedroom, one‑bath apartments totaling 4,369 square feet; 1.3‑acre site with brick construction dating to 1938; Approximately 700 square feet per unit with 8 1/2‑foot ceilings
More about this property
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