Multifamily

Cumberland, MD Multifamily Properties for Sale

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31 properties
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Victorian Triplex With Attached Garages
Updated: Jul 9
Victorian Triplex With Attached Garages

411 WASHINGTON Street, Cumberland, MD 21502

$449,000
6,271 sqft 0.26 AC lot
6,271‑square‑foot triplex on a 0.2589‑acre lot
Brick Victorian construction completed in 1900
Three apartments with 5 total bedrooms and 5 total bathrooms
Two one‑car garages in the basement
Separate electric meters for each unit
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Remodeled Side-by-Side Duplex
Updated: Aug 6
Remodeled Side-by-Side Duplex

505 B Street, Lavale, MD 21502

$299,900
1,868 sqft 0.38 AC lot
Side‑by‑side duplex with 1,868 square feet on 0.3804 acres
Unit mix includes 3 bedrooms/1 full bath and 2 bedrooms/1.5 baths
Updates include roofing, siding, flooring, paint, kitchens, and bathrooms
Granite countertops and stainless steel appliances
Currently rented; tenants pay utilities
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Brick Duplex with Two Units
Brick Duplex with Two Units

227 WALLACE Street, Cumberland, MD 21502

$155,000
2,058 sqft 0.06 AC lot

Separately metered utilities, original woodwork, porches, and flexible occupancy enhance this Cumberland property.

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11-Unit Apartment Building with Laundry
11-Unit Apartment Building with Laundry

2 Altamont Terrace, Cumberland, MD 21502

$640,000
7,997 sqft

Professionally managed multifamily property with window air conditioning, varied finishes, and on-street parking.

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Brick Triplex with Rental Units
Brick Triplex with Rental Units

214 S CENTRAL Avenue, Cumberland, MD 21502

$95,000
2,052 sqft 0.05 AC lot

Corner-lot property with three one-bedroom apartments, appliances, and on-street parking.

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Frame Duplex with Forced-Air Heat
Frame Duplex with Forced-Air Heat

704 BAKER Street, Cumberland, MD 21502

$70,000
2,856 sqft 0.20 AC lot

Two-unit residential property with frame construction, forced-air heating, and on-street parking.

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Triplex with Rear Courtyard
Triplex with Rear Courtyard

124 BEDFORD Street, Cumberland, MD 21502

$104,000
2,340 sqft 0.04 AC lot

Three apartments span the building’s levels, with a separate courtyard and exterior stairs serving the floors.

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Historic Triplex with Garages
Historic Triplex with Garages

411 WASHINGTON ST, Cumberland, MD 21502

$449,000
6,271 sqft

Late-1800s multifamily property with three apartments, separate electric meters, and additional basement space.

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Four-Unit Mixed-Use Property
Four-Unit Mixed-Use Property

301 Baltimore Ave, Cumberland, MD 21502

$320,000
4,712 sqft

Combines four apartments with a street-level commercial area featuring prominent windows and flexible office, retail, or storage use.

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Brick Duplex with Original Woodwork
Brick Duplex with Original Woodwork

227 Wallace St, Cumberland, MD 21502

$155,000
2,058 sqft

Two-unit property with separate utility meters, porches, central air, and a full unfinished basement.

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Updated Triplex with Three Units
Updated Triplex with Three Units

446-448 GOETHE ST, Cumberland, MD 21502

$204,000
1,984 sqft

Separately metered residences feature updated kitchens, bathrooms, and flooring throughout.

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Two-Unit Side-by-Side Duplex
Two-Unit Side-by-Side Duplex

928 GLENWOOD STREET, Cumberland, MD 21502

$109,900
1,800 sqft

One residence is tenant-occupied, while the second unit is vacant.

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Brick Duplex with Separate Meters
Brick Duplex with Separate Meters

201 SPRING STREET, Cumberland, MD 21502

$185,000
3,316 sqft

Three-level income property with one leased unit, one vacancy, and a fenced rear yard.

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Nine-Unit Multifamily Investment Opportunity
Nine-Unit Multifamily Investment Opportunity

315 FREDERICK, Cumberland, MD 21502

$299,000
4,500 sqft 0.08 AC lot

Nine-unit property with commercial space in Cumberland, Maryland.

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Updated Two-Unit Duplex
Updated Two-Unit Duplex

135 POLK STREET, Cumberland, MD 21502

$150,000
2,268 sqft

Two residential units offer matching bedroom, bath, living, and kitchen layouts, with shared laundry on the main level.

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Remodeled Side-by-Side Duplex
Remodeled Side-by-Side Duplex

505 B STREET, Lavale, MD 21502

$299,900
1,868 sqft

Income-producing duplex with updated interiors, separate unit layouts, and tenant-paid utilities.

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Five-Unit Multifamily Investment Property
Five-Unit Multifamily Investment Property

229 E UNION ST, Cumberland, MD 21502

$249,000
3,680 sqft 0.08 AC lot

Five income-producing units in established residential neighborhood near downtown.

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9-Unit Apartment Building
9-Unit Apartment Building

513 National, Lavale, MD 21502

$299,000
5,600 sqft

Apartment property outside city limits with convenient access to I-68 eastbound and westbound.

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5-Unit Apartment Building
5-Unit Apartment Building

807 BEDFORD ST, Cumberland, MD 21502

$215,000
2,395 sqft

Five-unit apartment property with all units currently rented.

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Triplex on Corner Lot
Triplex on Corner Lot

214 S CENTRAL AVE, Cumberland, MD 21502

$95,000
2,052 sqft

Three one-bedroom apartments have individual stoves and refrigerators, with natural gas radiator heat serving the property.

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Remodeled Duplex
Remodeled Duplex

616 ELM STREET, Cumberland, MD 21502

$99,900
1,672 sqft

Up-and-down layout with two one-bedroom units, each offering a kitchen, full bath, and laundry hookups.

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Duplex Needing Full Renovation
Duplex Needing Full Renovation

516 SHRIVER AVENUE, Cumberland, MD 21502

$40,000
3,136 sqft

Large duplex property requires complete renovation and is suitable for an investor with a rebuild plan.

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Duplex with Long-Term Tenants
Duplex with Long-Term Tenants

16-18-20 GRAND AVE, Cumberland, MD 21502

$149,900
1,872 sqft

Duplex with long-term tenants. Great investment opportunity.

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Duplex with Long-Term Tenants
Duplex with Long-Term Tenants

433-435 PENNSYLVANIA AVE, Cumberland, MD 21502

$149,900
1,788 sqft

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

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Cumberland, MD Multifamily Properties Market Trends and Statistics

Explore 43 multifamily properties for sale in Cumberland, MD, showcased through 31 active listings on our real estate platform. These investment opportunities span a total of 86,318 square feet of properties for sale, with an estimated market value of $6,226,300.

Sale prices for multifamily properties in Cumberland, MD start at $40,000, averaging $207,543, and reaching up to $640,000 — offering options for a variety of budgets and business needs. Daily updated analytics ensure you stay ahead with the latest data and market trends.

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Top Commercial Asset Segments

Commercial property segments ranked by active listings on the market

Duplexes 19
Apartment buildings 10
Triplexes 6
Quadplexes 2
Short term rental properties 1

Demographics Overview

Population 42K
Population Growth (5Y) -1.8%
Median Household Income $58,721
College Educated 5.7%

High-Yield Neighborhoods for Investment

Identify Cumberland submarkets with the highest inventory density on the market and evaluate the average listing prices of real estate assets

Neighborhood Average Price
21502 $189.6K

Taxes & Financing

Tax Rate (average for all types) 1.01%
Property Tax per SF $12.85 per SF
Tax Rate vs County Average 0.02 pp above county avg
Average Loan-to-Value 65.0%

Listings Trend

New vs delisted commercial listings in Allegany County

New Delisted

Total CRE Inventory on Market (SF)

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