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Two-Unit Multifamily Investment Opportunity
For Sale
$125,000

816 FAIRMOUNT Ave, Cambridge, MD 21613

Two-unit multifamily property with investment potential in a convenient location.

Days on Market98

Property Features for 816 FAIRMOUNT Ave

General Information

Standard status Active
Property subtype Investment

Building Details

Year Built 1928
Listing Agency:
Listed By: Ullesley Jackson
Source: Elliman
Added: Apr 24 Changed: Jul 10 Last Checked: Jul 30 at 5:49AM

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 Ullesley Jackson

Investment Insights

Based on property information with market context.

This two-unit multifamily property presents an investment opportunity. Each unit features a private entrance and separate utilities, with flexible floor plans suitable for long-term tenants or short-term rental strategies. The property requires repairs and updates, offering investors the chance to add value and increase rental income. Situated in a convenient area near local amenities, the property is positioned for future returns upon renovation. The location has a bike score of 30, indicating it is somewhat bikeable, and a walk score of 6, suggesting car dependence.

Key Highlights

  • Two‑unit multifamily property with strong investment potential.
  • Separate entrances and utilities for each unit.
  • Flexible floor plans suitable for long‑term or short‑term rentals.

Property Analytics

Current Use

Duplexes

Suggested Use

Top Pick Parking Lot & Garage (Bike/Boat/Book/etc) Store Accounting Firm Pharmacy Storage Facility Cafe & Coffee 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

641
Businesses Nearby

Demographics for 21613, MD

17,967
Population
9,331
Households
1.9
Avg Household Size
44
Median Age
21%
College-Educated
87%
High-School Grad
153.7 sq mi
ZIP Area
117
Density / Sq Mi
$53,171
Median Household Income
$38,078
Median Earnings
$965
Median Rent
$279,700
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
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Frequently Asked Questions

What type of property is this?
Duplex - Two-unit multifamily property with investment potential in a convenient location.
Where is this duplex located?
The property is located at 816 FAIRMOUNT Ave Cambridge, MD.
What is the asking price?
The asking price for this property is $125,000.
What are key features of this property?
This property features: Two‑unit multifamily property with strong investment potential.; Separate entrances and utilities for each unit.; Flexible floor plans suitable for long‑term or short‑term rentals.
More about this property
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