Search
Colonial Duplex Investment
For Sale
$40,000

516 SHRIVER Avenue, Cumberland, MD 21502

MULTI_FAMILY - Colonial - CUMBERLAND, MD

Property Size3,136 SF
Lot Size0.09 Acres
Price / SF$12.76
Days on Market47

Property Features for 516 SHRIVER Avenue

General Information

Property type Residential Multi Family
Property subtype Duplex
Rooms Basement
Parking features On Street
Subdivision NONE AVAILABLE
Elementary school district ALLEGANY COUNTY PUBLIC SCHOOLS
Middle school district ALLEGANY COUNTY PUBLIC SCHOOLS
High school district ALLEGANY COUNTY PUBLIC SCHOOLS
Standard status Active
Size 3,136 SF
Lot size 0.09 Acres

Taxes and HOA fees

Tax Annual Amount 0

Building Details

Year built 1912
Floors in Building 2
Number of units 2
Building materials Frame
Architectural style Colonial
Listing Agency: Perry Wellington Realty, LLC
Listed By: Roger A Brown · License #637900
Added: Jul 17 Changed: Aug 7 Last Checked: Sep 1 at 6:06PM
MLS# MDAL2015350

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.

Large colonial duplex property offered for sale in Cumberland, Maryland. The building totals 3,136 square feet and sits on a 0.0918-acre lot.

The seller’s remarks indicate the property needs a complete renovation and note that entering the home is at the buyer’s own risk. The offering is positioned as an opportunity for investors seeking a renovation-focused strategy.

Key Highlights

  • Large duplex with Colonial architectural style
  • Frame construction and on‑street parking
  • Year built: 1912

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick (Bike/Boat/Book/etc) Store Auto Parts Store Catering Service Home Appliance Store Tech Support Center Florist

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

2
Residential units

Location Intelligence

Trade Area within ½ mile

436
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

Market

Vacancy Rate% for Multifamily in South region

8.5% 2022
10.2% 2023
11.4% 2024
11.3% 2025
Rey
Questions? Ask Rey
Realmo’s AI knows this listing — price, zoning, demand, history. Ask anything.

Frequently Asked Questions

What type of property is this?
Duplex - Large duplex property with 3,136 SF total building area on a 0.0918-acre lot, offered for sale in Cumberland, MD.
Where is this duplex located?
The property is located at 516 SHRIVER Avenue Cumberland, MD.
What is the asking price?
The asking price for this property is $40,000.
What are key features of this property?
This property features: Large duplex with Colonial architectural style; Frame construction and on‑street parking; Year built: 1912
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