Triplex with Private Rear
New
For Sale
$379,500
96 E MAIN Street, Westminster, MD 21157
Multi-Family, WESTMINSTER, MD
Property Size2,302 SF
Lot Size0.20 Acres
Price / SF$164.86
Days on Market1
Property Features for 96 E MAIN Street
General Information
Property type
Residential Multi Family
Property subtype
Other
Rooms
Basement, Dining Room
Parking
2
Parking features
On Street, Off Street
Interior features
Attic, Bathroom - Tub Shower, Breakfast Area, Butlers Pantry, Carpet, Ceiling Fan(s), Dining Area, Entry Level Bedroom, Kitchen - Country, Walk-in Closet(s)
Fireplace
1
Appliances
Built-In Microwave, Dishwasher, Dryer, Oven/Range - Electric, Refrigerator, Washer, WaterHeater
Subdivision
DOWNTOWN WESTMINSTER
Elementary school
CRANBERRY STATION
Middle school
EAST
High school
WINTERS MILL
Elementary school district
CARROLL COUNTY PUBLIC SCHOOLS
Middle school district
CARROLL COUNTY PUBLIC SCHOOLS
High school district
CARROLL COUNTY PUBLIC SCHOOLS
Standard status
Active
Size
2,302 SF
Lot size
0.20 Acres
Taxes and HOA fees
Tax Annual Amount
4990
Utilities
Heating system
Electric (Heating), Baseboard, Other (Heating), Zoned
Cooling system
Ceiling Fan(s), Window Unit(s), Ductless
Amenities
private rear yard
in-unit laundry
Building Details
Year built
1850
Number of units
3
Building materials
Brick, Wood Siding
Architectural style
Colonial
Listing Agency:
RE/MAX Advantage Realty · RE/MAX International
(410) 549-3500
Listed By:
Mark C Ruby · License #620265
(410) 259-0619
Added: Oct 15
Last Checked: Oct 15 at 11:06PM
MLS# MDCR2038286
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.
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Investment Insights
Based on property information with market context.
This 2,302-square-foot triplex, built in 1850, contains three leased apartments. The upper residence has two bedrooms, one full bath, a living room and a remodeled kitchen; its 2017 renovation also included ductless HVAC. The other two apartments each have one bedroom, one full bath, a living area and in-unit laundry. Those units are described as dated but cared for. The property also includes a private rear yard, a two-car parking pad, a barn and storage sheds, and is being sold as-is.
The property is near downtown Westminster restaurants and shopping. Its 0.2-acre lot and three-unit configuration combine outdoor space and off-street parking with varied apartment layouts.
The property is near downtown Westminster restaurants and shopping. Its 0.2-acre lot and three-unit configuration combine outdoor space and off-street parking with varied apartment layouts.
Key Highlights
- Three leased apartments in a 2,302‑square‑foot triplex
- 0.2‑acre lot with a private rear yard
- Upper unit remodeled in 2017; two bedrooms, one full bath and ductless HVAC
Financial Insights
Estimated NOI and Cap Rate
NOI / Yr
$29,916
Cap Rate
7.88%
Suggested Prices Based on Cap Rates
Cap Rate 5%
$598,320
$598.3K
Cap Rate 7%
$427,371
$427.4K
Cap Rate 9%
$332,400
$332.4K
Market Conditions
NOI Build-Up for 2,302 SF
Gross rent
$44.8K $19.44/SF
− Vacancy
−$2.0K −$0.87/SF
EGI
$42.7K $18.57/SF
− OpEx
−$12.8K −$5.57/SF
NOI
$29.9K $13.00/SF
Area
Carroll County, MD
Vacancy
4.50%
Lease Rate
$19.44 /SF/Yr
Expense Ratio
30.00%
Simulate Cap Rate and NOI
Suggested Prices Based on Cap Rates
Cap Rate 5%
$598,320
Cap Rate 7%
$427,371
Cap Rate 9%
$332,400
Alternative Uses
Best Use
Multifamily LT 5
$427.4K
$374.0K – $498.6K
NOI $29,916 @ 7.0% cap · market cap 7.88%
Second Best
Apartment 5plus
$369.2K
$323.1K – $430.7K
NOI $25,844 @ 7.0% cap · market cap 6.81%
Theoretical Best
Office A
$853.7K
$747.0K – $996.0K
NOI $59,759 @ 7.0% cap · market cap 15.75%
Zoning and permitted uses should be independently verified with authorities.
How Realmo checks its estimates
Property Analytics
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Current Use
Lease Details
3
Residential units
100%
Occupancy
Location Intelligence
Trade Area within ½ mile
1,664
Businesses Nearby
Explore this area
Business Placement
Demographics for 21157, MD
38,584
Population
15,466
Households
2.5
Avg Household Size
42
Median Age
37%
College-Educated
93%
High-School Grad
77.7 sq mi
ZIP Area
497
Density / Sq Mi
$102,835
Median Household Income
$50,254
Median Earnings
$1,236
Median Rent
$394,100
Median Home Value
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Cap Rate, Value Estimation, Potential NOI and more
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Market
Vacancy Rate% for Multifamily in South region
Frequently Asked Questions
What type of property is this?
Triplex - Three leased residences provide a mix of one- and two-bedroom layouts, with two units featuring in-unit laundry.
Where is this triplex located?
The property is located at 96 E MAIN Street Westminster, MD.
What is the asking price?
The asking price for this property is $379,500.
What are key features of this property?
This property features: Three leased apartments in a 2,302‑square‑foot triplex; 0.2‑acre lot with a private rear yard; Upper unit remodeled in 2017; two bedrooms, one full bath and ductless HVAC
