Updated Duplex in Cumberland,
449 COLUMBIA Street Cumberland, MD 21502
449 COLUMBIA Street, Cumberland, MD, 21502
$179,000
For Sale
$179,000
MULTI_FAMILY - CUMBERLAND, MD
Property Size2,248 SF
Lot Size0.09 Acres
Price / SF$79.63
Days on Market324
Property Features for 449 COLUMBIA Street
General Information
- Property type
- Residential Multi Family
- Property subtype
- Other
- Rooms
- Basement
- Parking features
- On Street
- Appliances
- Refrigerator, Stove
- Standard status
- Active
- Size
- 2,248 SF
- Lot size
- 0.09 Acres
Taxes and HOA fees
- Tax Annual Amount
- 988
Utilities
- Heating system
- Forced Air
Building Details
- Year built
- 1900
- Number of units
- 2
- Building materials
- Stone
Listing Agency
Better Homes & Gardens Real Estate Old Line Group
(301) 689-0100
11 W Main Street unit: 1, Frostburg, MD
Listed by
Destiny lynn Hill · License #5002170
(240) 362-4717
Added: Aug 29, 2025 Checked: Jul 18 at 10:06 pm
MLS# MDAL2012782
Listing URL
Copyright © 2026 Bright MLS. All rights reserved. All information provided by the listing agent/broker is deemed reliable but is not guaranteed and should be independently verified.
Investment Insights
Based on property information with market context.
This updated duplex features two spacious units, each with 2 bedrooms. One unit includes 1 full bath, while the other offers 1.5 baths. Both units have been completely remodeled, blending modern style with efficiency. Upgrades include new siding, roof, windows, and doors, along with new plumbing and forced-air heating systems. The interiors feature new flooring, updated kitchens with sleek cabinetry, countertops, and new appliances, plus renovated bathrooms. The property is turnkey and low-maintenance. It is suitable as an investment property or for an owner to live in one unit and rent the other. The lot size is 0.0876 acres and the property size is 2248 square feet.
Key Highlights
- Completely remodeled duplex with modern upgrades throughout.
- Two spacious units, each with 2 bedrooms.
- New siding, roof, windows, and doors offer peace of mind.
Local Financial Insights For Multifamily LT 5
Simulate Cap Rate and NOI
NOI Build-Up
- Vacancy
- income lost from leasable area expected to sit empty during the year — subtracted from gross rent.
- EGI (Effective Gross Income)
- gross rent minus vacancy losses — the realistic income before paying operating costs.
- OpEx (Operating Expenses)
- recurring costs to operate the property (property tax, insurance, utilities, maintenance, management) — excludes financing and capital improvements.
- NOI (Net Operating Income)
- income a property generates after operating costs but before financing and taxes.
| Component | $ | $/SF |
|---|---|---|
| Gross rent | $22.9k | $10.20 |
| − Vacancy | −$1.2k | −$0.53 |
| EGI | $21.7k | $9.67 |
| − OpEx | −$6.5k | −$2.90 |
| NOI | $15.2k | $6.77 |
2,248 SF · lease $10.20/SF/yr · vacancy 5.20% · expense 30.00%
Alternative Uses
Best Use
Multifamily LT 5
$217.4K
$190.2K – $253.6K
NOI $15,216 @ 7.0% cap · market cap 8.50%
Second Best
Apartment 5plus
$201.4K
$176.2K – $234.9K
NOI $14,095 @ 7.0% cap · market cap 7.87%
Theoretical Best
Office A
$833.7K
$729.5K – $972.6K
NOI $58,357 @ 7.0% cap · market cap 32.60%
Zoning and permitted uses should be independently verified with local authorities.
Property Analytics
Property Profile
Location Intelligence
Current Use by Public Records
Duplexes
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FAQs
What type of property is this?
Duplex - Remodeled duplex with new features, ideal for investment or living.
Where is this duplex located?
The property is located at 449 COLUMBIA Street Cumberland, MD.
What is the asking price?
The asking price for this property is $179,000.
What are key features of this property?
This property features: Completely remodeled duplex with modern upgrades throughout.; Two spacious units, each with 2 bedrooms.; New siding, roof, windows, and doors offer peace of mind.
