Search
Duplex with Long-Term Tenants
For Sale
$149,900

433-435 PENNSYLVANIA AVE, Cumberland, MD 21502

Duplex with long-term tenants, HUD approved, month-to-month leases.

Property Size1,788 SF
Price / SF$83.84
Days on Market323

Property Features for 433-435 PENNSYLVANIA AVE

General Information

Standard status Active
Size 1,788 SF
Property subtype Multi-family
Listing Agency: Century 21 Potomac West
Listed By: Dennis L Murray · License #503831
Source: Cathyshometeam
Added: Nov 27, 2025 Changed: Oct 1 Last Checked: Oct 16 at 8:27AM

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 Potomac West

Rey
Ask AI about this property
Review the available facts, identify missing information and prepare questions for the agent.

Investment Insights

Based on property information with market context.

This duplex property is an investment opportunity with long-term tenants. Both sides of the duplex are HUD approved, and the leases are month to month. The approximate gross income is $12,560. Tenants are responsible for paying utilities.

Key Highlights

  • Excellent investment duplex
  • Both sides are HUD approved
  • Approximate gross income of $12,560

Financial Insights

Estimated NOI and Cap Rate

NOI / Yr
$12,102
Cap Rate
8.07%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$242,040 $242.0K
Cap Rate 7%
$172,886 $172.9K
Cap Rate 9%
$134,467 $134.5K
Market Conditions
NOI Build-Up for 1,788 SF
Gross rent
$18.2K $10.20/SF
− Vacancy
−$948 −$0.53/SF
EGI
$17.3K $9.67/SF
− OpEx
−$5.2K −$2.90/SF
NOI
$12.1K $6.77/SF
Area
Allegany County, MD
Vacancy
5.20%
Lease Rate
$10.20 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$242,040
Cap Rate 7%
$172,886
Cap Rate 9%
$134,467

Alternative Uses

Best Use
Multifamily LT 5
$172.9K
$151.3K – $201.7K (±1% cap)
NOI $12,102 @ 7.0% cap · market cap 8.07%
Second Best
Apartment 5plus
$160.2K
$140.1K – $186.9K (±1% cap)
NOI $11,211 @ 7.0% cap · market cap 7.48%
Theoretical Best
Office A
$663.1K
$580.2K – $773.6K (±1% cap)
NOI $46,416 @ 7.0% cap · market cap 30.96%
Zoning and permitted uses should be independently verified with authorities. How Realmo checks its estimates

Property Analytics

Unlock full access to Insights Subscribe to Realmo Intelligence
Open Analytics

Current Use

Duplexes

Suggested Use

Top Pick Law Firm Real Estate Agency Parking Lot & Garage Dental Office (Bike/Boat/Book/etc) Store Barber Shop

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

465
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
Check the figures for this property Cap Rate, Value Estimation, Potential NOI and more
View Realmo Analytics

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025

Frequently Asked Questions

What type of property is this?
Duplex - Duplex with long-term tenants, HUD approved, month-to-month leases.
Where is this duplex located?
The property is located at 433-435 PENNSYLVANIA AVE Cumberland, MD.
What is the asking price?
The asking price for this property is $149,900.
What are key features of this property?
This property features: Excellent investment duplex; Both sides are HUD approved; Approximate gross income of $12,560
More about this property
Thanks! Your message was sent.
Error! Your message wasn't sent.
Please enter your name
Please enter email
Please enter the email in the correct format
Please enter phone
Please enter the number in the correct format
Please enter message
Why this one?
Saved
Reason not saved — we won't ask again