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    Lonaconing, MD Multifamily Properties for Sale

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    Midland, MD Frostburg, MD Westernport, MD
    Duplex with Two 2-Bed Units
    $145,000
    2,625 SF
    Duplex with Two 2-Bed Units

    17 PARK, Lonaconing, MD 21539

    Two 2-bedroom units in a duplex on a level lot with on-street parking, offered in as-is condition.
    • 1925 duplex with Colonial architectural style
    • Two 2‑bedroom units with flexibility to stay a duplex or convert to a single‑family home
    • Heating: forced air; cooling: central air
    • Level lot with on‑street parking
    • Basement included
    Updated: Jun 21
    View details
    Based on your search, we've compiled 9 Potential Opportunities for your consideration. Besides 1 Active listings in Lonaconing, MD, we suggest exploring several alternatives: 4 properties in Nearby Cities, plus 4 Land Listings that present a potential for development.

    Opportunities in Nearby Cities

    Here are 4 Similar properties we found in Nearby Locations for your consideration.

    Renovated Multifamily Property
    $325,000
    5,044 SF
    Renovated Multifamily Property

    Six-unit property with earning potential after 2024 renovation.

    136 Waverly Street, Westernport, MD 21562

    View details
    Retail Storefront with Upstairs Apartments
    $260,000
    4,080 SF
    Retail Storefront with Upstairs Apartments

    Street-level storefront paired with two one-bedroom apartments above, offering flexible income space in Frostburg.

    39 S Broadway Street, Frostburg, MD 21532

    View details
    Renovated 6-Unit Multifamily Property
    $314,900
    Renovated 6-Unit Multifamily Property

    Six-unit multifamily with 2024 renovations and recent upgrades, positioned for straightforward ownership.

    136 WAVERLY St, Westernport, MD 21562

    View details
    Student Housing Portfolio
    Contact for pricing
    Student Housing Portfolio

    Turn-key 59-unit student housing portfolio with pre-leased revenue serving Frostburg State University.

    114 Bowery Street, Frostburg, MD 21532

    View details

    Potential Development Sites for Consideration

    Can't find the perfect fit? These Land listings present an alternative path: the potential to develop a property for your specific goals.

    Important: These AI-suggestions are a starting point, not a guarantee of permitted use. All zoning, permitting, and land use information must be independently verified by you with the appropriate local authorities before making any commitments.

    Land Ready for Development
    $275,000
    8.00 Acres
    Land Ready for Development

    8-acre land parcel zoned for mobile home park.

    1, Smithfield, PA 15478

    View details
    Morgantown Land For Development
    $2,726,800
    68.17 Acres
    Morgantown Land For Development

    68+/- acre parcel suitable for residential or industrial development.

    595 Wades Run and Bowlby Road, Morgantown, WV 26501

    View details
    Land Near Shepherd University
    $650,000
    3.70 Acres
    Land Near Shepherd University

    Prime land near Shepherd University with development potential.

    8285 MARTINSBURG Pike, Shepherdstown, WV 25443

    View details
    Land with Existing Septic and Well
    $38,900
    1.78 Acres
    Land with Existing Septic and Well

    Nearly two acres in Three Springs with an in-place septic and well, plus an opportunity to fix or replace the existing mobile home.

    18531 Blackberry dr, Three Springs, PA 17264

    View details

    Lonaconing, MD Multifamily Properties Market Trends and Statistics

    Explore 1 multifamily properties for sale in Lonaconing, MD on our real estate platform. These investment opportunities span a total of 2,625 square feet of properties for sale, with an estimated market value of $145,000.

    Sale prices for multifamily properties in Lonaconing, MD start at $145,000, averaging $145,000, and reaching up to $145,000 — 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 1

    Demographics Overview

    Population 1,846
    Population Growth (5Y) -34.2%
    Median Household Income $51,667
    College Educated 24.3%

    Taxes & Financing

    Tax Rate (average for all types) 1.37%
    Property Tax per SF $20.55 per SF
    Tax Rate vs County Average 0.39 pp above county avg
    Average Loan-to-Value 65.0%

    Listings Trend

    New vs delisted commercial listings in Allegany County

    New Delisted

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