Five-Unit Multifamily Investment
For Sale
Contact for pricing
341 Frederick St, Cumberland, MD 21502
Income-producing multifamily property near downtown Cumberland amenities.
Property SizeContact for details
Lot Size0.08 Acres
Days on Market193
Property Features for 341 Frederick St
General Information
Standard status
Active
Lot size
0.08 Acres
Property subtype
Multifamily
Listing Agency:
Berkshire Hathaway HomeService Homesale
(301) 346-3664
Listed By:
Taylor Bowen · License #PA ABR005534
Source:
Crexi
Added: Feb 9
Changed: Aug 16
Last Checked: Aug 19 at 4:38PM
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 Berkshire Hathaway HomeService Homesale
Investment Insights
Based on property information with market context.
This five-unit multifamily investment property is located in Cumberland, Maryland. The property features electric baseboard heat throughout. The landlord covers water, sewer, and trash services. An adjacent small lot offers potential for future use, tenant parking, or additional outdoor space. The property is located near downtown amenities, shopping, and major travel routes. Currently, one unit is leased at $675 per month on a month-to-month lease. Other properties are available, and a discount is offered for the purchase of all properties, including a nine-unit property at 315 Frederick, a five-unit property at 229 E Union, and a commercial lot at Front & Baltimore spanning 0.08 acres.
Key Highlights
- Income‑producing five‑unit multi‑family property
- Simplified management with landlord covering water, sewer, and trash
- Convenient location near downtown amenities, shopping, and major travel routes
Property Analytics
Property Profile
Current Use
Location Intelligence
Trade Area within ½ mile
147
Businesses Nearby
Explore this area
Business Placement
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
Questions? Ask Rey
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Frequently Asked Questions
What type of property is this?
Apartment building - Income-producing multifamily property near downtown Cumberland amenities.
Where is this apartment building located?
The property is located at 341 Frederick St Cumberland, MD.
What is the asking price?
The asking price for this property is $259,000.
What are key features of this property?
This property features: Income‑producing five‑unit multi‑family property; Simplified management with landlord covering water, sewer, and trash; Convenient location near downtown amenities, shopping, and major travel routes
